BetaKit - Canadian Startup News & Tech Innovation - Part 103

Canadian Tech & Startup News

Mark Carney | BetaKit

By Madison McLauchlan November 4, 2025

What’s in #Budget2025 for Canadian tech?

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By Josh Scott November 3, 2025

Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal

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Golden Gate Bridge | BetaKit

By Josh Scott October 29, 2025

New accelerator program aims to give Canadian founders a taste of Silicon Valley

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Wealthsimple co-founder and CEO Michael Katchen | BetaKit

By Josh Scott October 27, 2025

Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, CPP Investments

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Minister Evan Solomon | BetaKit

By Madison McLauchlan October 24, 2025

Evan Solomon teases new AI laws as experts warn Canada is behind international peers

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LATEST NEWS

14 people, of whom three are women, pose for the camera in a staff portrait in an empty room with large arched windows and wooden floors. a golden retreiver sleeps at their feet.

Workstaff closes $1.6-million seed round with ambitions to expand beyond Canada

Aaron Anandji July 23, 2024

Startup has doubled team from six to 15 people, with plans to funnel funding first into the US.

Loop Energy clean room

Loop Energy alerts creditors to restructuring after layoffs, strategic review

Alex Riehl July 23, 2024

TSX-listed hydrogen fuel cell company owes creditors more than $13 million, including $9 million to PacifiCan.

Claudette McGowan closes $10-million Series A for cybersecurity startup Protexxa

Alex Riehl July 23, 2024

Startup claims round is the largest secured by a Black woman founder in Canada.

Clio tops $4-billion CAD valuation with largest software funding round in Canadian tech history

Josh Scott July 23, 2024

New investors pool $900 million USD after legaltech hits $200 million in ARR.

Symcor office

How Symcor is helping Canada get ready for open banking

Isabelle Kirkwood July 23, 2024

Saba Shariff explains the crucial role of data exchange in Canada’s open banking future.

Cohere's three co-founders posing for a picture.

Cohere Series D hits $500 million USD raised at $5.5-billion valuation

Alex Riehl July 22, 2024

BetaKit reported in June that Cohere had secured $450 million with hopes of raising more at a $5-billion valuation.

Predicting the perfect VC vintage

Bianca Bharti July 22, 2024

Plus: We survived CrowdStrike.

blue screen of death

BDC among those to experience interruptions as part of CrowdStrike outage

Isabelle Kirkwood July 19, 2024

Plurilock CEO: Businesses are necessarily quick with cybersecurity patches, but rapid updates also come with risks.

Scott-Loong

Are you an AI company or a company that uses AI?

Isabelle Kirkwood July 19, 2024

Panache Ventures’ Scott Loong on why startups shouldn’t reinvent the wheel.

ghost

Ontario is getting rid of ghost jobs

Amanda Kavanagh July 19, 2024

Phantom positions are plaguing the tech industry. Here’s how to spot one.

Ethica secures $2.3 million to deliver “enterprise-grade” internet access to emerging markets

Josh Scott July 19, 2024

GreenSky-backed Ethica aims to improve internet reliability across Africa, India, other regions.

WonderFi working on Ethereum-based products with new innovation and development arm

Alex Riehl July 18, 2024

Dubbed WonderFi Labs, the new arm is working on a Layer 2 blockchain and non-custodial wallet.

boat

Acel Power raises $13.6 million CAD to ramp up production of battery-powered boat motors

Isabelle Kirkwood July 18, 2024

Startup plans to bring 150- and 250-horsepower motors to market in the fall.

Corporate events and travel startup Planned closes $35-million Series B, adds Hopper CEO to board

Bianca Bharti July 18, 2024

The startup plans to automate “tragically old school industry” and expand internationally.

Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency

Josh Scott July 18, 2024

Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.

The BetaKit Podcast

Mark Carney and François-Philippe Champagne stand together, smiling, hold a copy of Budget 2025.

Aptum CEO Ian Rae

Raymond Luk Source Canada

Gander Social graphic

ALL IN 2025 panel

Avery Pennarun, Tailscale CEO

Mark Carney and François-Philippe Champagne stand together, smiling, hold a copy of Budget 2025.

Aptum CEO Ian Rae

Raymond Luk Source Canada

Gander Social graphic

ALL IN 2025 panel

Avery Pennarun, Tailscale CEO

Podcast

Budget 2025: “cautiously optimistic”

by Douglas Soltys

What story does Prime Minister Mark Carney’s first budget tell to Canadian tech?

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Podcast

What the AWS outage reveals about Canada’s digital sovereignty

by Douglas Soltys

Aptum CEO Ian Rae argues that sovereignty requires control of our digital supply chain.

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Podcast

Why Canada doesn’t buy Canadian tech

by Douglas Soltys

Source Canada’s Ray Luk thinks the “cultural belief we’re not good enough” creates a homecourt disadvantage for…

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Podcast

Can Canada build its own social network?

by Douglas Soltys

Gander CEO Ben Waldman explains his vision for sovereign social media.

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Podcast

Are Canadian entrepreneurs willing to let their old companies die?

by Douglas Soltys

Leaders discuss the challenges, opportunities, and pressures of AI adoption at ALL IN.

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Podcast

Tailscale’s CEO has an idea “worth billions” for AI startups

by Douglas Soltys

Avery Pennarun is building the air traffic control for AI agents. He needs help to make sure the planes land safely.

Listen Now