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Updated: 4 hours 8 min ago

D-Wave remains in the red even as revenue jumps 500 percent in Q1

Thu, 05/08/2025 - 15:13

The Canadian-founded quantum firm’s record sum came from delivering a system to a key customer.

The post D-Wave remains in the red even as revenue jumps 500 percent in Q1 first appeared on BetaKit.

Categories: Technology news

Amilia raises $35 million led by Vertu Capital to help more community centres manage operations

Thu, 05/08/2025 - 13:47

Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.

The post Amilia raises $35 million led by Vertu Capital to help more community centres manage operations first appeared on BetaKit.

Categories: Technology news

Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip

Thu, 05/08/2025 - 07:46

CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”

The post Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip first appeared on BetaKit.

Categories: Technology news

Where FreshBooks gets its best product ideas

Thu, 05/08/2025 - 07:00

Forums like Customer Experience Week help the company listen closely, and build accordingly.

The post Where FreshBooks gets its best product ideas first appeared on BetaKit.

Categories: Technology news

Active Impact Investments holds $110-million final close for third climate tech seed fund

Thu, 05/08/2025 - 06:30

Managing partner says firm chose to execute strategy over extending fundraise to hit original $120 million target.

The post Active Impact Investments holds $110-million final close for third climate tech seed fund first appeared on BetaKit.

Categories: Technology news

Unblocked raises $27.5 million Series A to make sure developers actually understand their code

Wed, 05/07/2025 - 14:53

Unblocked looks to bridge the knowledge gap as AI-generated code becomes commonplace.

The post Unblocked raises $27.5 million Series A to make sure developers actually understand their code first appeared on BetaKit.

Categories: Technology news

Propel has a record first quarter while Thinkific sees modest gains

Wed, 05/07/2025 - 14:53

The FinTech and edtech companies told two very different tales with their earnings.

The post Propel has a record first quarter while Thinkific sees modest gains first appeared on BetaKit.

Categories: Technology news

Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future

Wed, 05/07/2025 - 14:39

Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”

The post Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future first appeared on BetaKit.

Categories: Technology news

Vancouver byelection result threatens mayor’s “Bitcoin-friendly city” brand

Wed, 05/07/2025 - 08:28

After a recent byelection loss, does Mayor Ken Sim still consider Bitcoin a “hill worth dying on?”

The post Vancouver byelection result threatens mayor’s “Bitcoin-friendly city” brand first appeared on BetaKit.

Categories: Technology news

University of Calgary becomes XPrize Foundation’s first international hub

Tue, 05/06/2025 - 15:38

Alberta and Calgary governments each gave $1.5 million to the initiative.

The post University of Calgary becomes XPrize Foundation’s first international hub first appeared on BetaKit.

Categories: Technology news

CEO Don Murray says Safe Software’s new features will help replace enterprise SaaS with AI agents

Tue, 05/06/2025 - 14:15

The 30-year-old data workflow platform is set to hit centaur status this year on the back of new AI features.

The post CEO Don Murray says Safe Software’s new features will help replace enterprise SaaS with AI agents first appeared on BetaKit.

Categories: Technology news

OpenText makes AI “number-one priority” as company slashes 1,600 jobs

Tue, 05/06/2025 - 14:11

Enterprise software giant detailed 10-point AI mandate in internal email to employees.

The post OpenText makes AI “number-one priority” as company slashes 1,600 jobs first appeared on BetaKit.

Categories: Technology news

Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold

Tue, 05/06/2025 - 00:00

Cleantech company hopes to open Québec asbestos mitigation plant by 2027.

The post Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold first appeared on BetaKit.

Categories: Technology news

Fireside chat with Clio execs among more than 60 activities at Vancouver Startup Week 2025

Mon, 05/05/2025 - 15:56

Wide variety of programs hope to prep local entrepreneurs to get the most out of Web Summit Vancouver.

The post Fireside chat with Clio execs among more than 60 activities at Vancouver Startup Week 2025 first appeared on BetaKit.

Categories: Technology news

General Fusion lays off staff, looks for funding as capital suddenly runs dry

Mon, 05/05/2025 - 15:42

Trade tensions and hesitant investors threw the company into uncertainty.

The post General Fusion lays off staff, looks for funding as capital suddenly runs dry first appeared on BetaKit.

Categories: Technology news

Shakepay becomes first crypto company granted Payments Canada membership

Mon, 05/05/2025 - 15:29

Milestone gives Shakepay access to core payments infrastructure and a seat at the table “to demand for change.”

The post Shakepay becomes first crypto company granted Payments Canada membership first appeared on BetaKit.

Categories: Technology news

WonderFi co-founder’s new startup xTAO to list on TSXV following merger with Adrianna Ventures

Mon, 05/05/2025 - 08:40

Decentralized AI company hopes to raise $10 million USD via private placement.

The post WonderFi co-founder’s new startup xTAO to list on TSXV following merger with Adrianna Ventures first appeared on BetaKit.

Categories: Technology news

TD Bank’s chief AI scientist talks about emerging models, safety, and Layer 6’s new NYC office

Mon, 05/05/2025 - 06:00

Maksims Volkovs shares what Layer 6 has been working on and what keeps him up at night.

The post TD Bank’s chief AI scientist talks about emerging models, safety, and Layer 6’s new NYC office first appeared on BetaKit.

Categories: Technology news

Canadian angels just want to write the cheque

Mon, 05/05/2025 - 05:17

Plus: Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis.”

The post Canadian angels just want to write the cheque first appeared on BetaKit.

Categories: Technology news

Joe Canavan has a plan for Canada to become an innovation nation

Sun, 05/04/2025 - 17:42

Canada’s angel of the year shares how the country can bolster its economic sovereignty at NACO Summit.

The post Joe Canavan has a plan for Canada to become an innovation nation first appeared on BetaKit.

Categories: Technology news

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