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PocketHealth kicks off breast cancer awareness month with AI-powered tool for early detection

Toronto-based PocketHealth has launched a new breast health tool that will provide personalized cancer risk assessments, eligibility alerts for mammograms, and mammogram booking support for its users.  Launched on the first day of breast cancer awareness month, the tool aims to help detect cancer early and address gaps in breast cancer screening.  A recent survey […]

Loss of DoorDash partnership prompts Payfare share price plummet and strategic review

Payfare is initiating a strategic review of the company after losing the business of its largest customer.   Payfare claims it is “well capitalized to fund ongoing operations and new strategic initiatives.”  The Toronto-based earned wage access (EWA) company announced last week that DoorDash had decided not to renew its agreement with Payfare, which was powering […]

Orpyx closes $26.9 million CAD in growth capital to fuel US expansion

Calgary-based digital therapeutics startup Orpyx Medical Technologies has closed $26.9 million CAD ($20 million USD) in growth capital to expand its diabetic foot ulcer prevention product south of the border. The financing, which closed in July, came exclusively from New York-based Perceptive Advisors, which invests in life sciences companies and has also invested in fellow […]

What to expect from Zoholics Canada 2024

How do you make sure your tools can scale as fast as your business? Zoho believes the answer is simple: grow together. That’s the focus of Zoholics Canada 2024, Zoho’s flagship user conference taking place at Montréal’s Palais des Congrès from October 8 to 9. The event will bring Zoho users, industry leaders, and tech […]

Is BC tech “lethargic” or “on fire?”

What does the future of tech look like on Canada’s Best Coast? That’s the question I’ve been asking myself in the run-up to our BetaKit Town Hall in Vancouver.  Taking place on October 22 at UBC Robson Square, the event will be headlined by a fireside chat with Clio CEO Jack Newton. Clio just raised […]

GreenSky’s $15-million first close of Fund VI puts VC firm in rare company

The first close of Toronto-based GreenSky Ventures’ sixth fund puts it in the 99th percentile of all Canadian venture capital (VC) firms over the past decade. The early-stage VC firm announced a more than $15-million CAD first close of Fund VI from a group of limited partners (LPs) that includes undisclosed family offices and high-net-worth […]

What Canada can learn from AI use in South Africa 

AI conferences have a unique vibe. They’re ostensibly tech events, featuring the requisite 30,000-foot view of the future and no roadmap on how to get there. But at this stage of the technology’s lifecycle, they’re also academic gatherings, and thus tend to feel a little insular and snooty… Like if OpenAI were a two-day event […]

“It used to be lonely being Indigenous in tech.” How one tech founder’s question led to a community of hundreds

A series of conversations that sprung from one question soon evolved into a vibrant community of more than 340 Indigenous tech leaders, founders, and professionals spread geographically across Turtle Island.  The Indigenous Tech Circle, which officially became a non-profit entity on National Indigenous Peoples Day (June 21st, 2024), now includes hundreds of members spread across […]

Propel Holdings to acquire UK-based QuidMarket for $95.9 million CAD

Toronto-based FinTech firm Propel Holdings has entered into an agreement to acquire United Kingdom-based FinTech lender QuidMarket to the tune of $95.9 million CAD ($71 million USD). Based in Nottingham, England, QuidMarket offers an online lending solution that Propel said has originated over 310,000 loans to UK consumers since 2011. The all-cash deal is aimed […]