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Alex Riehl

Alex Riehl

Alex Riehl is a staff writer and newsletter curator at BetaKit with a Bachelor of Journalism from Carleton University. He's interested in tech, gaming, and sports. You can find out more about him at alexriehl.com or @RiehlAlex99 on Twitter.

January 20, 2025

Moment Energy raises $21.5-million Series A amidst tough funding climate for cleantech hardware startups

EV battery repurposing startup to double size of Vancouver HQ and build gigafactory in Texas.

A hand holds up a centrally framed bright red maple leaf.
January 17, 2025

Cyclic Materials, Ionomr Innovations, Summit Nanotech among Canadian returnees to the 2025 Global Cleantech 100

Eight of the nine Canadian companies on this year’s list were also on last year’s.

January 16, 2025

The51 holds $51-million final close for Food and AgTech Fund amid challenging venture market

ATB Financial contributed the final dollar to the fund that has been raising since 2021.

January 16, 2025

Pierre Poilievre pledges to scrap capital gains tax changes under Conservative government

Opposition leader takes aim at budget piece that struck a nerve with Canadian tech ahead of likely spring election.

January 14, 2025

League hits user milestone and secures $100-million USD credit facility from RBCx

Financing to support platform development, sales capacity, and potential mergers and acquisitions.

January 14, 2025

Innovation Minister François-Philippe Champagne will not seek Liberal leadership

Champagne: “I will dedicate my energy … to defend Canadian businesses.”

January 14, 2025

Uvaro acquires coding school Lighthouse Labs to take on AI-augmented job market

The two companies fit together like puzzle pieces, Uvaro CEO says.

Float
January 13, 2025

Float raises $70-million Series B CAD led by Goldman Sachs

Funding will be used to broaden product suite and attract talent.

January 10, 2025

BBTV rebrands to RHEI, launches new AI training licensing platform for creator content

Media tech firm went private last year to alleviate “financial and administrative burden” of public markets.

January 10, 2025

Work automation platform Gumloop raises $24.5-million Series A as it relocates to Silicon Valley

Gumloop CEO says Vancouver suffers because “San Francisco is a very strong magnet for exceptional talent.”

January 9, 2025

D-Wave CEO says Nvidia CEO Jensen Huang is “dead wrong” about quantum computing

Huang sent the share prices of quantum companies down after expressing a pessimistic outlook on the sector.

January 9, 2025

Cohere launches customizable enterprise AI workspace platform North

Cohere’s answer to Microsoft Copilot and Google Vertex already has a partnership with RBC.

January 9, 2025

California-based loan collection platform Eltropy acquires Lexop for undisclosed amount

Combined company to continue operating in both California and Montréal.

January 8, 2025

Humi acquired by Australian HR software company Employment Hero

Sources told BetaKit the purchase price is $155 million CAD.

January 7, 2025

New Blue Action Canada oceantech accelerator launches backed by COAST and Founders Factory

Pilot cohort will support eight startups in BC with plans to expand Canada-wide later this year.

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