BetaKit - Canadian Startup News & Tech Innovation - Part 146

Canadian Tech & Startup News

NACO CEO Claudio Rojas | BetaKit

By Alex Riehl May 21, 2026

Canadian angel investment falls to five-year low, but women investors gain ground

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Alain Cohen Marconi Technologies | BetaKit

By Madison McLauchlan May 20, 2026

Historic Marconi name returns as Canadian investors launch defence tech firm

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Student Library | BetaKit

By Madison McLauchlan May 19, 2026

Kritik is equipping profs for the AI “arms race” coming to classrooms

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Harjit Sajjan The BetaKit Podcast | BetaKit

By Douglas Soltys May 15, 2026

Harjit Sajjan reports for duty

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QScale data centre | BetaKit

By Josh Scott May 14, 2026

Goldman Sachs to acquire Canadian data centre platform QScale

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LATEST NEWS

Sampler files for bankruptcy

Bianca Bharti August 15, 2024

Documents show digital product sampling startup has nearly $13 million in liabilities.

Well Health plans to spin out, publicly list SaaS and services business in 2025

Alex Riehl August 15, 2024

Founder and CEO Hamed Shahbazi said spin out will unlock “significant shareholder value.”

Radical Ventures launches $800-million USD AI growth fund

Josh Scott August 15, 2024

New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.

Canada flag

Canadian VC investment grows in Q2 but seed funding a cause for concern

Josh Scott August 15, 2024

CVCA report says PE stays hot as public Canadian tech firms keep going private.

Feds inject $39.2 million into digital literacy program CanCode with renewed focus on AI

Alex Riehl August 14, 2024

CanCode phase four aims to teach digital and AI skills to 1.5 million students and 100,000 teachers.

IRCC takes over sole administration of Start-up Visa Program from NACO, CVCA

Isabelle Kirkwood August 14, 2024

IRCC chooses not to renew contracts with industry associations responsible for vetting SUV delivery organizations.

CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund

Alex Riehl August 14, 2024

Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.

Kraken appoints Alex Mehrdad as new leader of crypto exchange’s Canadian operations

Josh Scott August 14, 2024

Mehrdad succeeds Mark Greenberg, who was recently promoted to a new global role.

Boardroom

Targeted by activist investor, Bitfarms chairman and co-founder Nicolas Bonta steps down

Alex Riehl August 14, 2024

The board shakeup follows Bitfarms adopting a second ‘poison pill’ after its first was struck down.

BC Securities Commission panel finds crypto platform ezBtc diverted one-third of customer funds to gambling, personal accounts

Alex Riehl August 13, 2024

In one case, BCSC found that a customer’s bitcoin deposit was transferred to a gambling website within 14 minutes.

advanced-manufacturing

NGen invests $21.4 million across quantum, space, and EV manufacturing projects

Alex Riehl August 13, 2024

Nord Quantique, Mission Control, among project partners supported by the federally backed innovation cluster.

Marketing platform MaxBounty acquired by German ad firm Mrge

Alex Riehl August 13, 2024

MaxBounty is the second Canadian company acquired by a Mrge in just over a year.

Feds reveal new changes to Canadian Entrepreneurs’ Incentive as part of capital gains tax overhaul

Isabelle Kirkwood August 12, 2024

Government proposes to cut the incentive’s rollout period in half.

Sona

Merchant-focused FinTech startup Sona acquired by Celero Commerce

Isabelle Kirkwood August 12, 2024

Bootstrapped Nova Scotia startup to boost Celero’s annual card volume to $26 billion across North America.

FinTech

Is Canadian FinTech making a comeback?

Bianca Bharti August 12, 2024

Plus: Vancouver says goodbye to INNOVATEwest after welcoming Web Summit.

The BetaKit Podcast

Harjit Sajjan The BetaKit Podcast

Vitaly Pecherskiy, StackAdapt

How to fix Canadian VC

Harjit Sajjan The BetaKit Podcast

Mark Carney Canadian Armed Forces | BetaKit

Vitaly Pecherskiy, StackAdapt

How to fix Canadian VC

People waiting | BetaKit

Podcast

Harjit Sajjan reports for duty

by Douglas Soltys

After decades in public service, former defence minister Harjit Sajjan is now a defence-tech entrepreneur.

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Podcast

Evaluating Canada’s Defence Industrial Strategy

by Douglas Soltys

The DIS adds clarity to Canada’s defence spending commitments, but not their outcomes.

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Podcast

How StackAdapt quietly built an adtech giant

by Douglas Soltys

StackAdapt CEO Vitaly Pecherskiy says AI has changed what customers need from software.

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Podcast

How to fix Canadian VC

by Douglas Soltys

Canada faces structural capital challenges requiring collective action.

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Podcast

How to fix Canada’s Start-up Visa

by Douglas Soltys

Boris Wertz and Lucy Hargreaves discuss what a 10 to 35-year wait says about Canada’s capacity to attract entrepreneurial…

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Podcast

Is BDC too big to change?

by Douglas Soltys

Canadian VCs who rely on the Crown corporation have feedback on its “steady hand” approach. Who’s listening?

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