Big in Japan: Nuvei acquires Paywiser’s Japanese subsidiary in Asia-Pacific market push

Big in Japan: Nuvei acquires Paywiser’s Japanese subsidiary in Asia-Pacific market push

Montréal-based payments company Nuvei has bolstered its foothold in the Asia-Pacific region by acquiring the Japanese subsidiary of British payments company Paywiser.  Nuvei says it has more than 200 on-the-ground staff in the Asia-Pacific region. The acquisition includes an acquiring licence granted by the Japanese Ministry of Economy, Trade and Industry, which Nuvei says enables…

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Accelerating software that helps the helpers

Accelerating software that helps the helpers

BetaKit is proud to present Changemakers, an AWS Startups series spotlighting Canadian tech companies solving complex global challenges. Read part three here. Clinical documentation has always been a pain point for healthcare practitioners, often consuming hours of their time.  Last year, Vancouver-based Jane App wanted to tackle that frustration head-on. Having already streamlined operations for…

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Cohere leaders think DeepSeek proves their point about AI innovation

Cohere leaders think DeepSeek proves their point about AI innovation

Canada’s best-capitalized large-language model (LLM) developer, Cohere, thinks the media firestorm surrounding the launch of the latest chatbot app from Chinese artificial intelligence (AI) company DeepSeek proves its point that efficiency is just as good of a predictor of innovation as eye-watering amounts of capital.  “Innovation and efficiency, not excessive compute, is the key.” Nick…

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VueReal secures $58.4-million CAD Series C to boost its semiconductor production

VueReal secures $58.4-million CAD Series C to boost its semiconductor production

Kitchener-Waterloo’s VueReal, which aims to transform semiconductor fabrication through its proprietary microprinting technology, has closed $40.5 million USD ($58.4 million CAD) in Series C funding. This all-primary, all-equity financing closed in December and came entirely from existing investors. Export Development Canada (EDC) led with participation from Cycle Capital, BDC Capital’s Cleantech Practice, and TDK Ventures….

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Sound Blade closes $23.8-million Series A for ultrasound tech targeting liver tumours

Sound Blade closes $23.8-million Series A for ultrasound tech targeting liver tumours

Halifax-based medtech startup Sound Blade has secured $16.5 million USD ($23.8 million CAD) in Series A funding to develop its handheld device for eliminating liver tumours non-invasively. Montréal-based Lumira Ventures and New York, NY-based Amzak Health led the round, with additional backing from Invest Nova Scotia. Sound Blade said it would use the funding to…

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Federal government delays implementation of capital gains inclusion rate increase to 2026

Federal government delays implementation of capital gains inclusion rate increase to 2026

The federal government is deferring the controversial capital gains tax rate changes announced in last year’s budget from June 25, 2024 to Jan. 1, 2026.  Announced by Finance Minister Dominic LeBlanc this morning, the new effective date likely places responsibility for legislating the tax changes on the next formed government. NDP leader Jagmeet Singh has…

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Boardy partners with Diversio in effort to make its AI more inclusive following email backlash

Boardy partners with Diversio in effort to make its AI more inclusive following email backlash

Canadian-led Boardy has struck an ongoing partnership with Toronto-based workplace inclusivity training platform Diversio after a marketing attempt went awry last week. The startup’s unsolicited artificial intelligence (AI)-generated emails critiquing users’ physical features faced swift backlash, particularly from women. Boardy, which calls itself an “AI superconnector,” converses with users over LinkedIn messaging or phone calls,…

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