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Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Charlize Alcaraz

Charlize Alcaraz

Charlize Alcaraz is a staff writer for BetaKit.

Metaverse logo in light blue text against dark grey background featuring mountain landscapes in geometric forms.
Acquisitions

Tokens.com purchases 50 percent of virtual real estate group Metaverse

Oct 18, 2021

Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…

SaaS

Former Shopify Plus GM Loren Padelford joins US startup Podium as COO

Oct 18, 2021

Loren Padelford, former general manager and vice president of revenue at Shopify Plus, has joined Podium as its chief operating…

Funding

FTEX raises $485,000 to increase efficiency of electric vehicles through its motor tech

Oct 18, 2021

Montréal-based motor-tech company FTEX has raised $485,000 in a pre-seed, all-equity SAFE funding round that closed in August.…

Intuit Prosperity Accelerator
AI

Carbon Upcycling Technologies, Adaptive Pulse among startups recently chosen for competitions, accelerators

Oct 15, 2021

A number of Canadian startups have recently been selected to take part in accelerators and competitions, including those of…

A woman with her arms folded on the table, sitting across an open bottle of wine and a glass of wine half-full. The ALAViDA logo is in white text and an orange background.
Acquisitions

LifeSpeak to acquire ALAViDA, extending solutions to address substance use

Oct 15, 2021

LifeSpeak, a Toronto-based employee wellness software company, has entered into an agreement to acquire ALAViDA for $12 million,…

Sewage treatment plant in Sweden
Funding

Pani Energy raises $8 million to bring water treatment tech to global market

Oct 15, 2021

Pani Energy, a SaaS startup based in Victoria, British Columbia, has raised $8 million CAD in what the company classified as…

A doctor talking to a patient. The pathway logo is on top of the entire image.
Funding

Pathway raises $1.6 million to make medical knowledge more accessible

Oct 14, 2021

Pathway, a Montréal-based Healthtech startup, has raised $1.6 million CAD in its first round of financing to bolster its clinical…

Shopify
Retail

Shopify partners with Microsoft, Oracle, Infor to launch global ERP program

Oct 14, 2021

Canadian e-commerce unicorn Shopify has entered into a deal with global enterprise resource planning (ERP) partners to launch…

An assortment of vegetables in different platters.
Acquisitions

Freshii inks deal to acquire Natura Market

Oct 14, 2021

Freshii is set to acquire a majority stake in Natura Market for $5.7 million CAD. In this deal, Freshii has agreed to acquire…

Two NBA Top Shot cards of Kevin Durant with a dark blue background
FinTech

Kevin Durant’s Boardroom enters multi-year brand deal with Dapper Labs

Oct 13, 2021

Boardroom, a media network company founded by two-time NBA champion Kevin Durant and entrepreneur Richard Kleiman, has entered…

Rose Rocket's founders: Alexsander Luksidadi, Justin Sky, and Justine Bailie
Funding

In its goal to modernize trucking operations, Rose Rocket raises $31 million CAD

Oct 13, 2021

Rose Rocket, a Toronto-based SaaS provider of transportation management software (TMS), has raised $31 million CAD ($25 million…

ResQ
Funding

ResQ raises $48 million CAD to bolster restaurant repair and maintenance platform

Oct 13, 2021

Toronto-based SaaS startup ResQ has raised $48.5 million CAD ($39 million USD) from a Series A funding round. Co-led by Tiger…

A person typing into a laptop with its screen showing data marketing analytics.
Acquisitions

Trellis to acquire Apixibot to bolster automated marketing tech for Amazon, Shopify merchants

Oct 8, 2021

Trellis, an Ottawa-based SaaS startup, has entered into an agreement to acquire Apixibot, a fellow Ottawa company that provides…

Acquisitions

Fobi to acquire PassWallet for $1.2 million CAD to enter FinTech space

Oct 8, 2021

Vancouver-based SaaS startup Fobi AI is set to acquire PassWallet for $1.2 million CAD (€888,000) to commence its strategy…

Employees at Perch standing next to each other in front of a wall of wooden shelves.
Funding

Perch raises $1 million to fuel mortgage data platform

Oct 8, 2021

Toronto real estate tech startup Perch has raised $1 million CAD in seed funding to scale the development of its property financing…

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