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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.

FinTech

F|T: The FinTech Times – 50 percent drop in sector deal volume last year

February 12, 2024

Plus: Plaid hires its first president and stablecoins need consultation.

H|T: The Healthtech Times – Neuralink implants in first human test subject

February 9, 2024

Plus: How 23andMe’s valuation fell from $6 billion to nearly $0.

Northleaf Capital Partners completes final close of $285-million CAD growth equity fund

February 8, 2024

The technology and healthcare-focused fund surpassed its $269-million CAD target.

R|T: The Retail Times – Amazon wants Rufus to shop with you

February 8, 2024

Plus: Shopify unveils term loans, lines of credit for merchants.

OpenHouse.ai raises $1.5 million CAD for house-planning and marketing tool

February 7, 2024

The platform provides insights to builders about desired features and floor plans in certain communities.

A|I: The AI Times – AI is expensive. Cue the M&A.

February 7, 2024

Plus: Canada and UK sign memo on AI compute power.

S|W: The SaaS Weekly – Toronto trio of tech firms shed jobs a second time

February 6, 2024

Plus: Antitrust regulations dampen deals and Meta’s paying dividends.

Wealthsimple surpasses combined $200 million for venture, private credit, equity funds

February 5, 2024

The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.

Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes

February 5, 2024

Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.

F|T: The FinTech Times – Block and PayPal cull staffers in latest tech layoffs

February 5, 2024

Plus: Koho wants a licence to compete.

H|T: The Healthtech Times – $135M CBIV fund, Femtech Canada put women’s health in the spotlight

February 2, 2024

Plus: Tech chases ‘Plan A’ as demand for male fertility services grows.

Accelerator Centre opens applications for new aerospace accelerator program

February 1, 2024

Selected startups can potentially test their tech at Waterloo’s international airport.

A group photo of the JobNimbus and SumoQuote employees in front of a wall with JobNimbus branding. Some are wearing SumoQuote-style mint green shirts, while many are wearing dark blue.

SumoQuote acquired by Utah-based roofing software firm JobNimbus

February 1, 2024

SumoQuote will continue to operate out of its Calgary office.

R|T: The Retail Times – How Shopify goes after enterprise brands

February 1, 2024

Plus: eBay and Flexport plan more staff cuts.

Exro

Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal

January 31, 2024

Exro said deal provides it with “a defined path” to profitability.

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