BetaKit - Canadian Startup News & Tech Innovation

By Alex Riehl February 14, 2025

Toronto and Waterloo Region orgs get $34 million in FedDev funding

Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.

By Isabelle Kirkwood February 14, 2025

Musk eyes OpenAI, Shopify’s Kanye problem, and a Canadian startup at the Super Bowl

Test your knowledge of Canadian tech news with The BetaKit Quiz for Feb. 14, 2025.

By Alex Riehl February 14, 2025

Clio donates $3 million to create new innovation hub at the University of British Columbia

Space will serve as the formal Vancouver home of Creative Destruction Lab.

By Madison McLauchlan February 14, 2025

Canada looks to strike balance between AI innovation and regulation at Paris AI Summit

Trudeau’s likely last AI policy contributions come as the EU and US grow further apart.

By Alex Riehl February 13, 2025

PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets

Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.

By Josh Scott February 13, 2025

Major media companies sue Cohere for alleged copyright infringement

Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.

Photonic co-founder Stephanie Simmons holding a chip in her raised hand. She is smiling and appears to be in some kind of workshop.

By Alex Riehl February 13, 2025

Photonic claims breakthrough in quantum computing error correction

Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.

By Alex Riehl February 12, 2025

Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund

Commitment marks the 10th investment from the federal government’s clean energy investment fund to date.

By Alex Riehl February 12, 2025

Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote

The payments processor said undervaluation and conflict of interest claims were “misleading.”

By Madison McLauchlan February 12, 2025

Knix, Hopper, Grammarly founders among business leaders asking for “immediate recall” of Parliament

Canadian tech CEOs and investors join open letter signatories urging government to face tariff threat.

By Isabelle Kirkwood February 12, 2025

How TD moved petabytes of data to the cloud with Microsoft and Accenture

The migration that rewrote the data playbook of one of Canada’s largest banks.

By Madison McLauchlan February 12, 2025

Canadian tech looks to support its own against US tariff threat

Tariff trackers, startup directories, and Buy Beaver apps are the latest fronts in the Canada-US trade war.

By Alex Riehl February 11, 2025

Clutch recovers valuation and eyes growth with $50-million Series D round

Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.

By Madison McLauchlan February 11, 2025

Coral closes $4.1-million seed round to launch menopause virtual care platform

Ex-Dialogue, Skylight co-founders aim to address gaps in management of “debilitating” menopause symptoms.

By Josh Scott February 11, 2025

Shopify’s strong Q4 earnings complicated by Kanye West Nazi T-shirt controversy

The e-commerce firm has removed West’s store for violating its recently modified terms.

Reliant on US materials and production, Canadian consumer goods startups could be caught in trade war crossfire

Dax Dasilva on staying public, Lightspeed’s plans for growth, and hiring in Montréal

Canadian tech leaders launch Build Canada for AI-refined policy ideas from entrepreneurs

Shopify CEO commits to ‘buy local’ features for Shop app after criticizing Canada’s tariff response

Why Alistair Croll wants Canadian startups to be more evil

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