BetaKit - Canadian Startup News & Tech Innovation

Canadian Startup News & Tech Innovation

Geoffrey Hinton banner | BetaKit

By Alex Riehl December 10, 2024

Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech

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Montreal banner | BetaKit

By Madison McLauchlan December 10, 2024

Early-stage startups grapple with fallout after Québec-funded investment program suspended

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Cohere AI data centre banner | BetaKit

By Josh Scott December 6, 2024

Cohere secures federal backing to build multibillion-dollar Canadian AI data centre

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Minister Champagne banner | BetaKit

By Josh Scott December 5, 2024

Federal government outlines $2 billion in AI compute spending commitment

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Tenstorrent banner | BetaKit

By Josh Scott December 2, 2024

AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation

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LATEST

Chrystia Freeland

By Madison McLauchlan December 13, 2024

Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement

SR&ED expands eligibility while pension fund investment incentives get sweetened.

Hinton Nobel

By Isabelle Kirkwood December 13, 2024

Google’s quantum leap, Hinton’s Nobel Prize, and Medicago’s second shot

Test your knowledge of Canadian tech news with The BetaKit Quiz for Dec. 13, 2024.

By Alex Riehl December 13, 2024

Paystone to acquire fellow payments processor Ackroo for $21 million

The last time Ackroo stock was valued at the purchase price of $0.15 per share was November 2021.

By Alex Riehl December 13, 2024

The Canadian Space Mining Corporation thinks it can put a nuclear reactor on the moon by 2029

Company has signed an MOU to licence SLOWPOKE-2, a Canadian-made reactor that could power future lunar operations.

By Josh Scott December 12, 2024

D-Wave completes $175-million USD stock sale to fuel quantum computing development

CEO says fundraise “substantially improves” D-Wave’s financial strength.

By Madison McLauchlan December 12, 2024

Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech

Threat exposure management startup aims to head off credential theft with AI tools.

MTVentures-team

By Isabelle Kirkwood December 12, 2024

The law firm that thinks like a venture fund

MT>Ventures wants to rethink how legal services can support Canada’s tech startups.

By Josh Scott December 12, 2024

Absorb to acquire Together in bid to bring mentorship to its learning software

Calgary firm to absorb Toronto startup to provide more “comprehensive learning solution.”

By Alex Riehl December 11, 2024

Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members

Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.

TikTok app

By Alex Riehl December 11, 2024

TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”

Social media giant describes conflicting instructions during national security review.

Uber-Global-Leaders

By Isabelle Kirkwood December 11, 2024

Meet the Canadians shaping Uber’s global vision

Canadians are leading global teams at Uber from Toronto, the UK, and the Valley.

By Josh Scott December 11, 2024

Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity

CookUnity eyes Canadian expansion starting with Toronto in 2025.

Hinton Nobel

By Alex Riehl December 10, 2024

Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech

British-Canadian calls for “urgent and forceful attention” to combat AI safety risks at Stockholm ceremony.

By Madison McLauchlan December 10, 2024

Early-stage startups grapple with fallout after Québec-funded investment program suspended

Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.

By Josh Scott December 10, 2024

Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups

First close from AEC brings Fund IV more than halfway to its $25-million target.

CANADIAN TECH JOBS

The BetaKit Podcast

SAAS NORTH 2024

Marie Chevrier Schwartz speaking at SAAS NORTH 2024.

SAAS NORTH 2024 Inovia Chris Arsenault

Elevate FinTech Stage 2024

Xatoms' Diana Virgovicova and Matt Damon

SAAS NORTH 2024

Marie Chevrier Schwartz speaking at SAAS NORTH 2024.

SAAS NORTH 2024 Inovia Chris Arsenault

Elevate FinTech Stage 2024

Xatoms' Diana Virgovicova and Matt Damon

Podcasts

Lessons in leadership, hiring, and AI from SAAS NORTH 2024

by Douglas Soltys

Also discussed: how to make leather from mushrooms. SAAS NORTH 2024 was crazy.

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The DOJ wants to take Google Chrome away, Rob Kenedi wants to decelerate tech

by Douglas Soltys

After a decade of quiet dominance, the browser space is suddenly filled with uncertainty.

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The story of Sampler (live at SAAS NORTH 2024)

by Douglas Soltys

“I’m using failure with intent today, because I don’t want to be ashamed of saying failure.”

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The state of Canadian software in 2024

by Douglas Soltys

Inovia’s Chris Arsenault came to SAAS NORTH armed with data and perspective.

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Canadian Startup News, Podcasts

Addressing Canada’s speed of financial innovation

by Douglas Soltys

Koho, Borrowell, Manzil—plus the Department of Finance—talk product velocity, risks & opportunity.

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Alexis Ohanian and Matt Damon can help Xatoms clean water around the world

by Douglas Soltys

Diana Virgovicova explains how she’s using quantum chemistry, grants, and celebrity to solve a global problem.

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