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Canadian Tech & Startup News
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Alex Riehl

Alex Riehl

Alex Riehl is an Ottawa-based staff writer and newsletter curator at BetaKit. His main interests are in tech, gaming, and sports. You can follow his sports takes @alexriehl.com on Bluesky and reach him by email Alex.Riehl@betakit.com or Signal: @riehlalex.99.

A person in a lab mask and hood works on complex electornics.

Xanadu and University of Alberta partner on quantum-powered cancer research

August 13, 2026

Researchers hope quantum computing can help develop next-gen photosensitizers for light-based therapies.

A rendering of a Telesat satellite above Earth.

Telesat’s steep Q2 net loss slows its stock bull run

August 13, 2026

Satellite operator attributes its $559-million net loss to increased value of debt and warrants.

The AI text conundrum

August 12, 2026

Plus: AbCellera cashes in on menopause drug breakthrough.

The Moneris building.

RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal

August 11, 2026

US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors. 

A headshot of Frédéric St-Denis-Bissonnette.

This Ottawa scientist believes skincare is a foothold into the future of medicine

August 11, 2026

BioThera Solutions’ FrĂ©dĂ©ric St-Denis-Bissonnette is working with molecules that could help fight cancer.

Civic Grid's giant battery on the street beside a large, red barn,

How a giant battery is transforming a town centre in Cannington, Ontario

August 10, 2026

Toronto startup Civic Grid is trying to put a new face on public power sources.

A close-up shot of Sanja Fidler smiling.

U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research

August 4, 2026

Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.

A product photo of the NanoAi analyzer

Intellistake to acquire Dallas-based NanoAi for $17 million in stock

August 4, 2026

Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.

From left to right: Defence Procurement Secretary of State Stephen Fuhr, Telesat president and CEO Dan Goldberg, Minister of Government Transformation, Public Works and Procurement Joël Lightbound, MDA Space CEO Mike Greenley, and Minister of National Defence David McGuinty.

Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout

August 4, 2026

Federal contract will expand Lightspeed constellation from 156 to 225 satellites.

Rob Galaski on stage at a Questrade event

Canadian FinTech braces for US competition

August 4, 2026

Plus: Was OpenAI’s rogue agent unstoppable?

The inside of a Nordspace Factory

NordSpace’s venture arm makes undisclosed strategic investment in North Vector Dynamics

July 31, 2026

Canadian aerospace companies have already been tackling defence and hypersonic research projects together. 

Rob Galaski on stage at a Questrade event

Questrade is remaking its platform for an AI-driven investing market

July 30, 2026

Digital brokerage showcased chatbot-driven investing, research, and trading options at summer product showcase.

Wealthsimple reports “biggest quarter ever” as it nearly doubles assets under management in a year

July 30, 2026

Toronto FinTech firm added roughly 200,000 users and recorded largest-ever quarter for net deposits.

Terminal co-founders Connor Giles and Raghav Midha.

Y Combinator grad Terminal raises $20-million USD Series A round

July 29, 2026

Toronto startup landed Fortune 500 customers with almost no sales team. Now, it’s shifting gears.

Ramp fully launches in Canada alongside new Toronto office

July 28, 2026

New York-based FinTech enters a market currently held by domestic players like Float and Venn. 

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