BetaKit - Canadian Startup News & Tech Innovation - Part 26

Canadian Tech & Startup News

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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A view from the street of the Bank of Canada

By Madison McLauchlan October 22, 2025

Canada’s FinTech industry enters new era as Bank of Canada taps first payment service providers

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Rally festival | BetaKit

By Josh Scott October 22, 2025

Rally festival tells doom-scrolling teens “it’s okay to be unavailable” online

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LATEST NEWS

BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs

Josh Scott July 18, 2025

Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”

The BetaKit Quiz

Cohere’s got Seoul, Brim nets a former czar, and Zuck gets bumped

Isabelle Kirkwood July 18, 2025

Test your knowledge of Canadian tech news with The BetaKit Quiz for July 18, 2025.

Xanadu advanced photonic packaging plant

Why Canada’s federal government keeps talking about quantum tech with Xanadu’s Christian Weedbrook

Douglas Soltys July 18, 2025

A federal push for quantum sovereignty comes at the right time for Xanadu.

Three men work at computers

Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators

Madison McLauchlan July 17, 2025

Two out of three Substack co-founders are University of Waterloo and Kik alums.

GeologicAI cashes in on data centre boom with $60.5-million CAD Series B

Alex Riehl July 17, 2025

Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.

Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno

Josh Scott July 17, 2025

Shiner calls Faugno “the right leader for where we’re going next.”

TD_Engineering

TD is assembling a roster of top technical talent

Isabelle Kirkwood July 17, 2025

From mainframes to modern tooling, TD engineers are set up to grow, build faster, and deliver at scale.

BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs

Madison McLauchlan July 17, 2025

Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.

Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank

Josh Scott July 17, 2025

Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.

Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies

Alex Riehl July 16, 2025

It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.

Katherine Homuth BetaKit Town Hall: Most Ambitious

Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like

Madison McLauchlan July 16, 2025

SRTX and Oomira founder says “nothing in the term sheet is in your favour.”

Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI

Josh Scott July 16, 2025

BC sibling-founders gear up to hire 40 employees and open a Boston office.

Flo

Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics

Alex Riehl July 15, 2025

CEO believes the move is “a responsible step” toward profitability.

Canada’s former open banking lead joins FinTech startup Brim Financial

Madison McLauchlan July 15, 2025

Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.

Uberflip co-founder secures $1 million to help families pass down valuables with Trusty

Josh Scott July 15, 2025

Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”

The BetaKit Podcast

Aptum CEO Ian Rae

Raymond Luk Source Canada

Gander Social graphic

ALL IN 2025 panel

Avery Pennarun, Tailscale CEO

Prime Minister Mark Carney

Aptum CEO Ian Rae

Raymond Luk Source Canada

Gander Social graphic

ALL IN 2025 panel

Avery Pennarun, Tailscale CEO

Prime Minister Mark Carney

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.

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Podcast

Why Canada’s defence tech sector is suddenly exploding

by Douglas Soltys

The Icebreaker’s Matthew Lombardi says many of the technologies Canada develops have a dual use in defence.

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