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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.

Lockheed Martin Canada invests $3.6 million into Lemay.ai

April 1, 2026

Project supports AI R&D for “sovereign knowledge management.”

NACO wants feds to use $750 million in VC funding to back startups earlier

March 31, 2026

Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.

ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand

March 31, 2026

The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.

AXL venture studio founding team

Venture studio AXL appoints fellows from Nvidia, NASA, Samsung

March 31, 2026

First cohort of senior U of T scientists aims to bolster studio’s industry expertise.

SBQuantum wants to help the world navigate in a post-GPS era

March 27, 2026

QuĂ©bec deeptech startup sends quantum sensor into space to monitor Earth’s magnetic field.

Feds reveal streams behind $1-billion VC initiative as budget becomes law

March 27, 2026

Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.

Wealthsimple gets regulatory approval to enter prediction markets

March 25, 2026

Toronto FinTech clears initial hurdle to enter controversial trading category popularized by Kalshi and Polymarket.

Chexy raises $14 million Series A led by Khosla Ventures

March 25, 2026

Rewards platform to expand from rent rewards into broader payments platform.

OpenText building

OpenText lays off four percent of its global workforce

March 24, 2026

Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.

Paperwork

Online legal database CanLII and AI startup Caseway settle copyright dispute

March 23, 2026

Settlement terms are confidential but both parties say they will move forward independently.

BKR Capital secures initial $20 million for second Black Innovation Fund

March 23, 2026

Firm aims to address growing VC funding gap for Black founders in Canada.

Canadian companies make their case at Nvidia’s GTC conference

March 20, 2026

Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.

Xanadu set to go public as SPAC deal clears shareholder vote

March 20, 2026

Quantum firm will be first Canadian tech company to list on TSX since 2021.

Five Canadian scaleups crack Thrive Top 50 AgTech Companies list

March 19, 2026

4AG Robotics, BinSentry, among companies recognized as “most innovative scaleups.”

1Password

1Password launches new platform to rein in companies’ AI agents

March 18, 2026

Unified Access Platform helps businesses deploy autonomous AI without losing control of credentials.

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