Alexis Ohanian and Matt Damon can help Xatoms clean water around the world
If you didn’t read our extensive feature back in May, you might not be aware of Xatoms: a really interesting global story taking place right here in Canada. “The 776 fellowship has connected us to so many opportunities that we would never be connected to [otherwise].” The company is using quantum chemistry and AI to […]
The BetaKit Quiz, Nov. 1, 2024
QUIZ START The post The BetaKit Quiz, Nov. 1, 2024 first appeared on BetaKit.
Vantage Points: Scott Langille says the next generation of BC tech needs help
Scott Langille isn’t the only young person in Vancouver tech looking for something more. But at the BetaKit Town Hall: Vancouver, a passion for empowering his generation was on full display. “I want to make Vancouver a place where young people can build a future,” he said during the Vantage Points panel. The young entrepreneur […]
BC’s Centre for Innovation and Clean Energy makes $3 million available for women-led cleantech companies
British Columbia’s Centre for Innovation and Clean Energy (CICE) has made $3 million available to climate tech and clean energy ventures led by women. CICE, which provides non-dilutive funding to BC-based companies, put out a “call for innovation” this week targeted to founders who identify as women and are developing decarbonization solutions in the province. […]
Procurify launches new accounts payable product following growth capital from CIBC
Vancouver-based spend management and procurement software startup Procurify has secured $20 million USD (27.8 million CAD) in growth capital from CIBC Innovation Banking. New offering follows a “major upgrade” that expanded startup’s bill payment capabilities. The capital supported Procurify’s AI-powered product development as part of the launch of its new accounts payable (AP) automation solution, […]
George Damian named new executive director of the Venture Capital Association of Alberta
Alberta’s venture capital advocacy group has a new leader. The Venture Capital Association of Alberta (VCAA) has announced that George Damian has stepped into the role of executive director. The transition, which took place on Oct. 25, saw Damian take over from Omi Velasco, who has served as executive director of VCAA since 2022. Velasco, […]
Vantage Points: Alison Taylor thinks tech is actually kind of weird
Alison Taylor came to startups from the realm of small business, managing medical clinics in BC before co-founding her “side hustle” in 2014. “We’ve never seen any detriment to building in Canada, if anything, we’ve actually seen a lot of benefits.” Alison TaylorJane App That side hustle was clinic management software Jane App, now generating […]
Mave reveals $2 million CAD in pre-seed funding following beta launch of real estate AI assistant
Toronto-based proptech startup Mave has announced $2 million CAD in pre-seed funding as it looks to help automate the back-end work for real estate agents with artificial intelligence (AI). The all-equity, all-primary round was co-led by Relay Ventures and N49P, with participation from Alate Partners, Clarim Ventures, and Gambit Partners, along with angel and strategic […]
Mastercard helps fight the “never ending arms race” of cybersecurity
It’s never felt harder to keep your money and your identity safe. Every day, it seems as though there are new ways that you can get hacked, compromised, or scammed. October is Cybersecurity Awareness month but 2024 might be the year that digital fraud took on a dangerous new year-round urgency, in Canada and around […]
Balance becomes Canada’s second qualified digital asset custodian
Last week, Calgary-based digital asset custodian Balance registered its subsidiary, Balance Trust Company, as a special purpose trust with Alberta’s Treasury Board and Finance (ATBF). Balance co-founder and CEO George Bordianu claimed to BetaKit that this makes Balance the “second-ever registered trust and qualified custodian for crypto assets in Canada,” alongside competitor and fellow Calgary […]