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Sixty Degree Capital closes $338 million CAD for third venture fund

The new fund looks to invest in enterprise software and healthtech startups. ....

Toronto , Ontario , Canada , New-york , United-states , San-francisco , California , Tel-aviv , Israel , Canadian , Arctic-wolf , Alexandre-nossovskoi

Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion

Canada’s software as a service (SaaS) sector saw a marked year-over-year rebound in investment in 2023, according to a new report from Canadian SaaS accelerator L-Spark. ....

Canada , Ottawa , Ontario , United-kingdom , British , Canadian , Equity-association , Canadian-saas , Leo-lax , Canadian-venture-capital , Private-equity-association

A|I: The AI Times – OpenAI employee secondary values company at least $80 billion

The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. ....

Hollywood , California , United-states , Canada , Waterloo , Ontario , New-york , United-kingdom , China , Vancouver , British-columbia , Salmon-arm

EDC report says Canada is struggling to convert startups to scaleups

Welcome to BetaKit's startup stories of the week! Here, you will find the week's most important news, features, and editorials published on BetaKit. ....

Vancouver , British-columbia , Canada , Toronto , Ontario , India , Salmon-arm , Canadian , Canadians , Alex-riehl , Allen-lau , Sean-oconnor

Traffic management startup Miovision closes $36-million CAD, bringing latest round to $296 million

Traffic management startup Miovision has closed $36 million CAD for the second and final tranche of its latest funding round, bringing the total round to $296 million. ....

Waterloo , Ontario , Canada , United-states , Germany , Serbia , Kevin-madill , Kurtis-mcbride , Mark-maybank , Tony-brijpaul , Capital-growth-venture-fund , Telus