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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.

Cohere revenue reports paint mixed picture of growth

May 16, 2025

AI startup says it has doubled revenue, but The Information reports it fell well below forecasted goals.

Food processing plant

Redstick Ventures wants to give foodtech a seat at the table

May 16, 2025

Cross-border VC closes $6.5-million Fund I to invest in food production tech.

Carl Rodrigues SOTI president and CEO

The US economic slowdown is hurting Canadian tech companies selling globally

May 15, 2025

CEO of mobile software company SOTI urges companies to get more aggressive with their sales tactics.

canada flag

Seed deals in Q1 2025 hit pandemic-era low as Canadian VC decline continues: report

May 14, 2025

Trade tensions and economic uncertainty contributed to investor caution, CVCA says.

Katherine Homuth SRTX

Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing

May 13, 2025

Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.

University of Waterloo-backed Velocity Fund II holds $14-million initial close

May 13, 2025

First VC fund backed by Canadian university endowment has deployed into five startups so far.

Anges Québec looks to expedite early-stage rounds with co-investment angel fund

May 9, 2025

Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.

A pair of hands holding a mobile phone which has the Shopify logo on it

Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip

May 8, 2025

CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”

Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future

May 7, 2025

Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”

OpenText makes AI “number-one priority” as company slashes 1,600 jobs

May 6, 2025

Enterprise software giant detailed 10-point AI mandate in internal email to employees.

Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold

May 6, 2025

Cleantech company hopes to open Québec asbestos mitigation plant by 2027.

Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis” in the field

May 2, 2025

Cohere-led study claims popular crowd-sourced leaderboard LM Arena tipped scales for Google, OpenAI.

Quebec Tech

Québec Tech highlights hardtech in latest scaleup cohort with international ambitions

April 30, 2025

Stage V program aims to turn startups into “true scaleups” with tailored support.

“Hard work lies ahead”: Canadian tech leaders strike urgent tone on policy asks following Liberal victory

April 29, 2025

Domestic procurement, boosting business investment key issues for Carney government, industry groups say.

Québec grants Centech $4.5 million to boost deep tech, medtech commercialization

April 28, 2025

Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.

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