Corinex secures $42 million CAD to continue its European expansion
Corinex’s sensors and software help utilities providers monitor their power grids.
Canadian Startup News
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis.
Beloved mentor and L-Spark co-founder Patrick White to depart leadership role after 12 years
White told BetaKit working at the Ottawa-based accelerator made him want to “get into the game.”
BetaKit to launch “Most Ambitious” issue on June 23, 2025
Annual edition will tell stories of bold ambition in Canadian tech.
Communitech appoints Sheldon McCormick as new CEO following layoffs
Leadership change comes as part of reorientation back to Waterloo Region focus.
The founders looking to redefine learning in Canada
Scaling an EdTech company is a lesson in patience, but TBDC helps founders re-write their playbooks.
Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year
In the crypto world, high-profile figures face significant security risks.
Wealthsimple acquihires Plenty, a San Francisco-based wealth management platform for couples
Co-founders of Inovia-backed startup will help Wealthsimple expand family-focused products.
Inaugural QueerTech accelerator cohort stacked with software, AI startups
Federally backed program aims to help 2SLGBTQIA+ entrepreneurs scale their ventures.
Google Cloud Startups leader sees opportunity for startups building AI agents amid pressure to move quickly
Darren Mowry says “doing the right thing in the right order” has become a key challenge for AI companies.
Ontario takes bite out of Premier Doug Ford’s promised US procurement ban
Ban of “all” US contractors won’t apply to those with more than 250 Canadian workers.
Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption
Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.