Damien Steel, OMERS Ventures
Posted in General

OMERS Ventures turnover continues with global head Damien Steel joining Deep Sky as CEO

With significant summer departures, OMERS Ventures’ playbook has changed once again. At the beginning of this year, Damien Steel laid out a bold vision…

Continue Reading OMERS Ventures turnover continues with global head Damien Steel joining Deep Sky as CEO
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
Posted in General

Canadian VCs talk fundraising, “shitty” behaviour, mannequin startups & more

John Ruffolo (Maverix), Michelle Scarborough (Thrive), Chris Neumann (Panache) and more join for a VC extravaganza. We know you love VCs on the BetaKit…

Continue Reading Canadian VCs talk fundraising, “shitty” behaviour, mannequin startups & more
OneEleven 2023
Posted in General

Inside the reborn OneEleven

Less than two years after the Toronto tech hub’s sudden closure and reopening, its managing director says the “turnaround is complete.” Over the last…

Continue Reading Inside the reborn OneEleven
Yung Wu to depart as MaRS CEO at end of 2023 as innovation hub begins search for next leader
Posted in General

Yung Wu to depart as MaRS CEO at end of 2023 as innovation hub begins search for next leader

Wu will remain at organization’s helm during CEO transition. Yung Wu will be stepping down as CEO of MaRS Discovery District at the end…

Continue Reading Yung Wu to depart as MaRS CEO at end of 2023 as innovation hub begins search for next leader
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Posted in General

Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC

Miovision is buying Global Traffic Technologies for $107 million USD. Miovision has purchased fellow traffic management company Global Traffic Technologies (GTT) in a deal…

Continue Reading Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Federal #Budget2023 includes cleantech commitments, little else for innovation
Posted in General

BetaKit’s most-read stories of March show #CDNtech sector struggles continue, government’s innovation promises continue to lag

SVB collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions. With spring officially here, BetaKit’s most-read stories for the month…

Continue Reading BetaKit’s most-read stories of March show #CDNtech sector struggles continue, government’s innovation promises continue to lag
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Posted in General

Canadian startup news of the week (4/9/23)

Plus: Canadian crypto’s Bizarre Love Triangle. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…

Continue Reading Canadian startup news of the week (4/9/23)
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
Posted in General

Ask John Ruffolo Anything: SVB fallout, VC groupthink, government dependence & more

Canadian tech’s maverick investor answers your submitted questions. In what has become a monthly tradition, we have another AMA edition of the BetaKit Podcast…

Continue Reading Ask John Ruffolo Anything: SVB fallout, VC groupthink, government dependence & more
Tesla logo
Posted in General

A|I: The AI Times – Is Canada facing an AI talent drain?

Plus: Tesla recalls full ‘self-driving’ cars. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news…

Continue Reading A|I: The AI Times – Is Canada facing an AI talent drain?
Fable
Posted in General

Fable raises $13.4 million CAD, launches accessibility training program for businesses

Meta, Walmart, Microsoft among Fable’s client base. Toronto-based accessibility tech startup Fable has raised $13.4 million CAD ($10.5 million USD) in a Series A…

Continue Reading Fable raises $13.4 million CAD, launches accessibility training program for businesses