Articles from betakit.com

Articles from betakit.com

Toronto-based Brim, which offers credit card and payment tech infrastructure to financial institutions, raised a $85M Series C led by Export Development Canada (betakit.com)
22 days ago Canada Toronto Credit Card

Canadian payments company Nuvei has agreed to be purchased and taken private by PE firm Advent International in a $6.3B deal (betakit.com)
25 days ago Canada

Canada-based Photonic, which is building a fault-tolerant quantum computing platform, raised $100M from Microsoft and others, taking its total funding to $140M (betakit.com)
2023-11-9 Microsoft Canada Quantum

Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a public beta of its generative AI-based text-to-image product (betakit.com)
2023-8-25 AI Toronto

Ontario-based Passage, which is building an online service to help immigrants get funding to learn and work in Canada, raised a CA$40M seed led by Drive Capital (betakit.com)
2023-6-30 Canada Immigration

Montreal-based GSoft, which offers employee experience software for Microsoft 365 management, onboarding, skills development, and more, raised CA$125M from CDPQ (betakit.com)
2023-6-7 Microsoft

Toronto-based BenchSci, which uses AI to help pharmaceutical firms accelerate drug discovery, raised a CA$95M Series D led by Generation Investment Management (betakit.com)
2023-5-26 AI Toronto

Quebec-based E2ip, which develops tech for smart displays and surfaces, raised a $120M Series B co-led by Export Development Canada and McRock Capital (betakit.com)
2023-4-29 Canada Quebec

Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital (betakit.com)
2023-4-28 Toronto

Canada's privacy commissioner launches an investigation into OpenAI in response to a complaint alleging non-consensual collection and use of personal data (betakit.com)
2023-4-5 Canada

Descartes Systems Group, a Canada-based logistics and supply chain software provider, acquires US-based logistics automation provider GroundCloud for ~$138M (betakit.com)
2023-2-15 Canada Logistics

Jobber, which offers operations management tools for home service businesses, raised a $100M Series D led by General Atlantic and passed $100M in 2022 revenue (betakit.com)
2023-2-8

Toronto-based Smile CDR, which offers services for health and clinical data interoperability, raised a ~$30M Series B led by UPMC Enterprises and others (betakit.com)
2023-1-29 Toronto CDR

Shopify CTO Allan Leinwand to depart company, citing “personal reasons” (betakit.com)
2023-1-28 Shopify

Waterloo-based Magnet Forensics, which develops digital investigation software, agrees to be acquired by Thoma Bravo for CA$1.8B (betakit.com)
2023-1-21

Hootsuite CEO Tom Keiser replaced amid third round of layoffs (betakit.com)
2023-1-19 Layoffs

Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff (betakit.com)
2023-1-16

Calgary-based Attabotics, which makes warehouse automation robots, raised a $71.7M Series C-1 led by Export Development Canada, bringing total funding to $165M (betakit.com)
2022-11-16 Robot Canada

NFT startup Dapper Labs, the company behind CryptoKitties, confirms it laid off ~134 employees or 22% of its workforce; Dapper Labs raised $600M to date (betakit.com)
2022-11-3 Startup

Ontario-based Avidbots, which makes autonomous floor cleaning robots for commercial settings, raised a $70M Series C, bringing its total funding to $107M (betakit.com)
2022-10-1 Robot

Goldsky, a crypto infrastructure startup helping companies aggregate and process on-chain data, raised a $20M seed led by Felicis Ventures and Dragonfly Capital (betakit.com)
2022-9-13 Startup

Chicago-based investment research service Tegus has acquired financial data and analytics startup Canalyst, sources say for between CAD$400M and CAD$500M (betakit.com)
2022-8-3 Startup

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