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Canadian Tech & Startup News
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Madison McLauchlan

Madison McLauchlan (she/her) reports on tech and innovation for BetaKit from Tiohtià:ke/Montréal. You can reach her (in French or English) at madison.mclauchlan@betakit.com or on Signal at madisonmcla.12.

A computer desk with a monitor, keyboard and mouse

LocusX raises $3-million seed round to debug game code with AI

September 10, 2025

Platform aims to improve “fix rate” for developers facing growing demands.

Ssense storefront

Ssense wins temporary protection in battle with creditors

September 9, 2025

Montréal fashion retailer granted stay order as lenders push for a court-supervised sale.

A graphic of a debit card bearing the Float logo

Float launches SME “hybrid” accounts to take on Canada’s big banks

September 9, 2025

The startup’s no-fee, interest-bearing accounts aim to give small businesses more choice.

Vahid Mirjalili standing on stage holding a microphone

Evolo wants to bring choose-your-own-adventure AI marketing to banking and insurance 

September 9, 2025

Toronto startup raises $3 million USD for generative AI vision.

SINs among customer data accessed in Wealthsimple security breach

September 5, 2025

FinTech firm says fewer than one percent of customers affected by now-resolved incident.

Tech and business groups embrace Competition Bureau study into small business loan fairness

September 5, 2025

Consultation to explore big bank dominance in business financing space.

An illustration of a reaction Dynamics rocket in space

NATO backs Canadian defence tech with nearly $1 million for two companies

September 4, 2025

Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.

SRTX names BonLook co-founder Sophie Boulanger new CEO

September 4, 2025

Founder Katherine Homuth left the company in March.

InBC CEO Jill Earthy leaves after “mutual decision” with board

September 4, 2025

Earthy expects no short-term strategy changes as organization searches for new head.

Hugo Larochelle leans against a white board.

New era at Mila as Hugo Larochelle named scientific director

September 3, 2025

The Google alum says the AI institute should be “ambitious” and “do more.”

A screenbgrab of Nick Frosst appearing on the 20VC11 podcast.

“Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype

September 2, 2025

On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity.

A man in a high-res vest and hardhat works on the Nordspace rocket

NordSpace’s rocket launch thwarted by faulty safety system, weather delays

August 29, 2025

Attempt at delivering the first Canadian commercial rocket launch delayed until at least September.

A large front desk at the Ssense office

Ssense seeks to “safeguard” company from potential sale through creditor protection

August 29, 2025

Online retailer facing headwinds due to US trade policy, dip in luxury demand.

Jeffrey Gettleman, Jimoh Ovbiagele, and Maxim Isakov pose in an office

Bench IQ raises $7.3 million CAD for AI platform analyzing judicial rulings

August 29, 2025

CEO’s previous company still in litigation with Thomson Reuters over 2020 copyright case.

Martin Kon sits on a chair, wearing a portable microphone, on stage

Cohere president Martin Kon stepping down, remains “key member” of the team

August 28, 2025

Enterprise AI company recently added former Meta, Uber execs to its C-suite.

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