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# BetaKit

Canadian Tech & Startup News

## Sitemaps

- [XML Sitemap](https://betakit.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [The Rounds closes $5.1 million CAD Series A from US VC firm Panoramic Ventures](https://betakit.com/the-rounds-closes-5-1-million-cad-series-a-from-us-vc-firm-panoramic-ventures/) - Halifax-based healthtech startup The Rounds has raised a $5.1 million CAD Series A round from Atlanta venture capital firm Panoramic Ventures.
- [Canadian tech firms are selling to foreign buyers when it’s time to scale, CCI says](https://betakit.com/canadian-tech-firms-are-selling-to-foreign-buyers-when-its-time-to-scale-cci-says/) - Report says difficulties securing domestic clients, capital, and talent are driving founders to exit early.
- [RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal](https://betakit.com/rbc-and-bmo-to-sell-off-canadian-payment-giant-moneris-in-2-billion-deal/) - US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.
- [How Theia’s 3D motion tech is helping healthcare workers avoid injury](https://betakit.com/how-theias-3d-motion-tech-is-helping-healthcare-workers-avoid-injury/) - The New Brunswick study is evaluating patient-turning device with the help of the company's motion sensing technology.
- [This Ottawa scientist believes skincare is a foothold into the future of medicine](https://betakit.com/how-an-ottawa-scientist-is-using-skincare-as-a-foothold-for-the-future-of-medicine/) - BioThera Solutions’ Frédéric St-Denis-Bissonnette is working with molecules that could help fight cancer.
- [Fisent Technologies raises $4.3 million USD to help enterprises automate AI use](https://betakit.com/fisent-technologies-raises-4-3-million-usd-to-help-enterprises-automate-ai-use/) - The Toronto startup’s revenue grew by more than 200 percent last year amid an economy-wide rush to adopt AI.
- [Alberta researchers are studying the living organisms lurking in wildfire smoke](https://betakit.com/alberta-researchers-are-studying-the-living-organisms-lurking-in-wildfire-smoke/) - The research project hopes to better understand the effect of wildfires on your lungs.
- [Autonomous welding startup TetraGen Robotics raises $1.8 million](https://betakit.com/autonomous-welding-startup-tetragen-robotics-raises-1-8-million/) - The oversubscribed round was led by StepChange Capital and will help the company commercialize.
- [Canada could soon lose reliable rides to space. What will that mean for its burgeoning space industry?](https://betakit.com/canada-could-soon-lose-reliable-rides-to-space-what-will-that-mean-for-its-burgeoning-space-industry/) - As SpaceX scales back rocket rideshares, Canada’s space industry says it exposes “critical dependency.”
- [America loves Canadian chips](https://betakit.com/america-loves-canadian-chips/) - Taalas is the latest in a growing list of promising early-stage Canadian semiconductor startups snapped up by larger US players.
- [Transformer Lab wants to automate research with new AI tool Primus](https://betakit.com/transformer-lab-wants-to-automate-research-with-new-ai-tool-primus/) - Kitchener-Waterloo AI research firm Transformer Lab has launched what co-founder and CEO Ali Asaria calls “the most ambitious thing I’ve ever been a part of.”
- [Max Power is maxing out geological exploration with AI](https://betakit.com/max-power-is-maxing-out-geological-exploration-with-ai/) - The mining company drilled Canada’s first well dedicated to natural hydrogen. Now it’s looking to commercialize.
- [What killed your startup? (Live from Startupfest)](https://betakit.com/what-killed-your-startup-live-from-startupfest/) - Leaders from Vector Institute, Toothpod, and Raw Signal Group share candid thoughts about AI, startup survival, and scaling in 2026.
- [US chip giant AMD to acquire Taalas](https://betakit.com/us-chip-giant-amd-to-acquire-taalas/) - Launched by former AMD employees and Tenstorrent leaders, Taalas aims to turn AI models into custom silicon.
- [Cross Border Impact Ventures secures $58 million USD for fund focused on women's, children's health](https://betakit.com/cross-border-impact-ventures-secures-58-million-usd-for-fund-focused-on-womens-childrens-health/) - The Toronto-based impact investor hopes to more than double the size of its second fund by late 2027.
- [Goodfood seeks creditor protection after CEO resigns](https://betakit.com/goodfood-seeks-creditor-protection-after-ceo-resigns/) - The Montreal meal-delivery company is seeking time to restructure the business amid liquidity constraints and mounting debt.
- [How a giant battery is transforming a town centre in Cannington, Ontario](https://betakit.com/how-a-giant-battery-is-transforming-a-town-centre-in-cannington-ontario/) - The Toronto startup Civic Grid is trying to put a new face on public power sources.
- [SAAS NORTH AI, Dominion Dynamics launch new dual-use defence summit](https://betakit.com/saas-north-ai-dominion-dynamics-launch-new-dual-use-defence-summit/) - Deploy is a founder-focused summit in Ottawa for companies expanding into defence.
- [How Venford says its digital-twin tech successfully predicted Spain’s World Cup win](https://betakit.com/how-venford-says-its-digital-twin-tech-successfully-predicted-spains-world-cup-win/) - The young Toronto startup develops software for policy planning.
- [CarDoor launches seller marketplace built on real-time bidding ](https://betakit.com/cardoor-launches-seller-marketplace-built-on-real-time-bidding/) - MarketCheck moves CarDoor away from consumer retail toward dealer-focused sales.
- [“Intimate, safe, and enduring”: How a founder’s personal loss led to a new kind of business](https://betakit.com/intimate-safe-and-enduring-how-a-founders-personal-loss-led-to-a-new-kind-of-business/) - Cremation Tattoos worked with North Forge to turn a reverent memorial practice into a scaling business.
- [U of C to lead creation of Canada’s first quantum defence innovation hub](https://betakit.com/u-of-c-to-lead-creation-of-canadas-first-quantum-defence-innovation-hub/) - The federal government will invest more than $20 million in a 13-member consortium focused on military applications.
- [U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research](https://betakit.com/u-of-t-prof-sanja-fidler-leaves-as-nvidias-vp-of-ai-research/) - Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.
- [White Star Capital closes $350-million global fund](https://betakit.com/white-star-capital-closes-350-million-cad-global-fund/) - White Star Capital closes $350-million CAD fourth core global venture capital fund.
- [Shopify stock surges on revenue beat in big quarter for merchants](https://betakit.com/shopify-tops-revenue-estimates-in-big-quarter-for-merchants/) - Gross profit grew by 30 percent as the company shipped agentic AI tools for e-commerce.
- [Has the AI “techlash” reached Canada?](https://betakit.com/has-the-ai-techlash-reached-canada/) - Plus: Google shakes up DeepMind.
- [U of T professor Jacob Tsimerman, who won math's highest prize, to join OpenAI](https://betakit.com/u-of-t-professor-jacob-tsimerman-who-won-maths-highest-prize-to-join-openai/) - The Fields Medal winner says AI safety is the most important issue of our time, and the best place to work on it is directly within a machine learning lab.
- [Canadian VC dollar deployment sees first early-year increase since 2021](https://betakit.com/canadian-vc-dollar-deployment-sees-first-increase-since-2021/) - A CVCA report shows that capital continues to concentrate into fewer, larger deals.
- [Intellistake to acquire Dallas-based NanoAi for $17 million in stock](https://betakit.com/intellistake-to-acquire-dallas-based-nanoai-for-17-million-in-stock/) - Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.
- [Calogy secures $1.2-million contract to power Jaunt’s autonomous drones](https://betakit.com/calogy-secures-1-2-million-contract-to-power-jaunts-autonomous-drones/) - Sherbrooke cleantech startup to design lightweight battery system for Jaunt’s next-generation aircraft.
- [Cory Doctorow on using AI without letting AI use you](https://betakit.com/cory-doctorow-ai-reverse-centaur-betakit-podcast/) - Award-winning author and tech activist Cory Doctorow is back with his new book, “The Reverse Centaur’s Guide to Life after AI.”
- [Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout](https://betakit.com/telesat-mda-space-tapped-for-2-3-billion-arctic-satellite-buildout/) - Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
- [Mode40 and CME partner to launch Prairies-wide AI initiative for aerospace, aviation, and defence](https://betakit.com/mode40-and-cme-partner-to-launch-prairies-wide-ai-initiative-for-aerospace-aviation-and-defence/) - AeroTrace is designed to demonstrate the value of AI-enabled systems in industrial manufacturing.
- [Canadian FinTech braces for US competition](https://betakit.com/canadian-fintech-braces-for-us-competition/) - Plus: Was OpenAI's rogue agent unstoppable?
- [Q&A: Can Alberta power its data-centre boom with nuclear energy?](https://betakit.com/qa-can-alberta-power-its-data-centre-boom-with-nuclear-energy/) - A new report suggests there is work to be done to build a nuclear-ready workforce.
- [Claryx raises $3.5 million USD to detect hospital outbreaks before they start](https://betakit.com/claryx-raises-3-5-million-usd-to-detect-hospital-outbreaks-before-they-start/) - Claryx raises $3.5 million USD backed by Outlander to prevent hospital outbreaks.
- [Calgary crypto exchange Catalyx permanently barred from operating](https://betakit.com/calgary-crypto-exchange-catalyx-permanently-barred-from-operating/) - The former crypto exchange’s CEO, Hyuk Jae Park, will also pay a $90,000 fine to the Alberta Securities Commission.
- [No product could have stopped OpenAI hack, Canadian cybersecurity firms say ](https://betakit.com/no-product-could-have-stopped-openai-hack-canadian-cybersecurity-firms-say/) - Agentic threats are prompting innovation at companies like 1Password and Lastwall.
- [NordSpace’s venture arm makes undisclosed strategic investment in North Vector Dynamics](https://betakit.com/nordspaces-venture-arm-makes-undisclosed-strategic-investment-in-north-vector-dynamics/) - The Canadian aerospace companies have already been tackling defence and hypersonic research projects together.
- [Lightspeed stock sinks despite narrower net loss, revenue beat in fiscal Q1](https://betakit.com/lightspeed-narrows-net-loss-beats-revenue-expectations-in-fiscal-q1/) - The Montréal firm reveals it cut three percent of workforce amid AI and productivity push.
- [Questrade is remaking its platform for an AI-driven investing market](https://betakit.com/questrade-is-remaking-its-platform-for-an-ai-driven-investing-market/) - Digital brokerage showcased chatbot-driven investing, research, and trading options at summer product showcase.
- [Taking code to the road: How GM Canada and the country’s top universities are engineering the future of driving](https://betakit.com/taking-code-to-the-road-how-gm-canada-and-the-countrys-top-universities-are-engineering-the-future-of-driving/) - As vehicles become software-defined, the automotive talent pipeline now runs from campus to test track.
- [Wealthsimple reports “biggest quarter ever" as it nearly doubles assets under management in a year](https://betakit.com/wealthsimple-reports-biggest-quarter-ever-as-it-nearly-doubles-assets-under-management-in-a-year/) - The Toronto FinTech firm added roughly 200,000 users and recorded its largest-ever quarter for net deposits.
- [How an Australian AI scribe won over Canada’s doctors](https://betakit.com/how-an-australian-ai-scribe-won-over-canadas-doctors/) - Heidi’s Dr. Tom Kelly talks clinician-led adoption and scaling AI responsibly.
- [Y Combinator grad Terminal raises $20-million USD Series A round](https://betakit.com/y-combinator-grad-terminal-raises-20-million-usd-series-a-round/) - The Toronto startup landed Fortune 500 customers with almost no sales team. Now, it’s shifting gears.
- [Greentank lands $20-million USD investment from Dubai’s AIR Global](https://betakit.com/greentank-lands-20-million-usd-investment-from-dubais-air-global/) - The Toronto vape tech company has now raised $56 million USD through financing and strategic investment.
- [The new AI battle line is drawn](https://betakit.com/the-new-ai-battle-line-is-drawn/) - Plus: Big Tech’s voluntary buyout push.
- [Pascal Siakam’s edtech accelerator awards three startups with $50,000](https://betakit.com/pascal-siakams-edtech-accelerator-awards-three-startups-with-50000/) - It was the beloved former Raptor’s second year co-judging the DMZ co-hosted event.
- [Superwhisper partners with Cohere for all-Canadian voice-to-text AI](https://betakit.com/superwhisper-partners-with-cohere-for-all-canadian-voice-to-text-ai/) - Cohere’s open-source transcription model now available in Superwhisper.
- [Thinking outside the text box: Maple Scan founders launch Liquid Interactive with backing from AXL ](https://betakit.com/thinking-outside-the-text-box-maple-scan-founders-launch-liquid-interactive-with-backing-from-axl/) - The startup wants to change how people use AI by making visual media more interactive.
- [Alberta’s AI push is rewriting the rules for government contractors](https://betakit.com/albertas-ai-push-is-rewriting-the-rules-for-government-contractors/) - Minister Nate Glubish says vendors must adapt to the new reality or risk being left behind.
- [How AI is changing the agency model](https://betakit.com/how-ai-is-changing-the-agency-model/) - Chrono Innovation wants to bring agency-level accountability to AI-assisted software development.
- [Ramp fully launches in Canada alongside new Toronto office](https://betakit.com/ramp-fully-launches-in-canada-alongside-new-toronto-office/) - The New York-based FinTech enters a market currently held by domestic players like Float and Venn.
- [Cohere joins Silicon Valley heavyweights in call for open-source AI](https://betakit.com/cohere-joins-silicon-valley-heavyweights-in-call-for-open-source-ai/) - AI’s biggest players sign on to Jensen Huang letter supporting open-weight AI models—except for Anthropic.
- [Vena Solutions set to acquire Morpheo AI in agentic capability push](https://betakit.com/vena-solutions-set-to-acquire-morpheo-ai-in-agentic-capability-push/) - Toronto startups combine to deepen the role of AI in financial planning and analysis.
- [Former Amii founder launches privacy-first AI that keeps user data local](https://betakit.com/former-amii-founder-launches-privacy-first-ai-that-keeps-user-data-local/) - Synsira Software's Kind Local Pro is designed to keep data on-device and out of data centres.
- [Sonder brand bought out of bankruptcy by TravelAI](https://betakit.com/sonder-brand-bought-out-of-bankruptcy-by-travelai/) - Vancouver-based agentic travel company resurrects Canadian-founded unicorn as affiliate booking site.
- [Semiconductor industry says Canada needs a better plan for sovereign silicon](https://betakit.com/semiconductor-industry-says-canada-needs-a-better-plan-for-sovereign-silicon/) - Canada’s Semiconductor Council wants federal AI strategy to include dedicated semiconductor plan.
- [Why is Amazon opening a disaster relief hub near Edmonton?](https://betakit.com/why-is-amazon-opening-a-disaster-relief-hub-near-edmonton/) - The company is working with nonprofits and donating supplies to help in the aftermath of disasters.
- [They helped pioneer deep learning in Canada. Now they’re building AI to replace CEOs](https://betakit.com/canadian-deep-learning-pioneers-are-building-ai-to-replace-ceos/) - Former Maluuba co-founders launch Skyfall AI to prove “world models” can run your company.
- [Q&A: How The Odyssey’s new IMAX cameras were designed in Canada](https://betakit.com/qa-how-the-odysseys-new-imax-cameras-were-designed-right-here-in-canada/) - IMAX Theatres’ global president says the Canadian film company wants to redesign its projection technology next.
- [Meet the robots of the future already hopping, slithering, and driving around U of T](https://betakit.com/meet-the-robots-of-the-future-that-are-already-hopping-slithering-and-driving-around-u-of-t/) - Students showcase the groundbreaking ways robotics could change our futures.
- [Is Canada building enough robots?](https://betakit.com/is-canada-building-enough-robots/) - Plus: The Canadian innovation behind The Odyssey.
- [Tenor raises $2.5 million USD to build blockchain-based lending platform](https://betakit.com/tenor-raises-2-5-million-usd-to-build-blockchain-based-lending-platform/) - The Québec crypto startup wants a world where more borrowing happens on-chain.
- [Have thoughts on AI transparency? The feds want your feedback](https://betakit.com/have-thoughts-on-ai-transparency-the-feds-want-your-feedback/) - The government has launched a survey for the public to weigh in on AI regulations.
- [Clio’s AI legal workspace comes to Canada](https://betakit.com/clios-ai-assistant-for-legal-work-comes-to-canada/) - The Canadian product was built on a case law dataset from Clio’s Jurisage acquisition.
- [AI-native Canadian startups outpacing international peers, AWS finds](https://betakit.com/ai-native-canadian-startups-outpacing-international-peers-aws-finds/) - Report credits deep technical expertise, research talent, and founders accustomed to doing more with less.
- [How Indigenous technologists are building data sovereignty into AI](https://betakit.com/how-indigenous-technologists-are-building-data-sovereignty-into-ai/) - Indigenous AI Gathering at Mila explored how to create AI solutions without data extraction.
- [Float announces $85-million Series C round to support AI push](https://betakit.com/float-announces-85-million-series-c-round-to-support-ai-push/) - The fast-growing Toronto FinTech now serves more than 7,500 Canadian businesses.
- [How BinSentry built an AI moat in AgTech](https://betakit.com/how-binsentry-built-an-ai-moat-in-agtech/) - When the company needed a banking partner to support its North American expansion, it found one in CIBC Innovation Banking.
- [Physical AI and economic nationalism at BetaKit Most Ambitious: Town Hall​](https://betakit.com/physical-ai-and-economic-nationalism-at-betakit-most-ambitious-town-hall/) - Waabi’s Raquel Urtasun and CCI’s Jim Balsillie came to Toronto Tech Week armed with data and predictions for BetaKit Most Ambitious: Town Hall.
- [Elle MD raises $1.1 million to develop non-hormonal, easily removable birth control ring](https://betakit.com/elle-md-raises-1-1-million-to-develop-non-hormonal-easily-removable-birth-control-ring/) - Nova Scotia femtech startup plans for Ottawa Hospital clinical trials in the fall.
- [Airbus partners with Medicine Hat-based Landing Zones Canada](https://betakit.com/airbus-partners-with-medicine-hat-based-landing-zones-canada/) - The two companies will advance simulation and training for the Canadian Armed Forces.
- [ChatFeatured secures $2 million USD to optimize your company’s chatbot reach](https://betakit.com/chatfeatured-secures-2-million-usd-to-optimize-your-companys-chatbot-reach/) - The Toronto startup helps brands get mentioned by Claude, ChatGPT, and other chatbots.
- [An OpenAI model hacks Hugging Face](https://betakit.com/an-openai-model-hacks-hugging-face/) - Plus: Ontario’s AI tool is accused of punishing Black prisoners.
- [APX teams up with Netcoins to offer crypto-backed loans](https://betakit.com/apx-teams-up-with-netcoins-to-offer-crypto-backed-loans/) - Netcoins is the first Canadian platform using APX’s lending-as-a-service infrastructure.
- [Zero Point Cryogenics expands into the US](https://betakit.com/zero-point-cryogenics-expands-into-the-us/) - The quantum cryogenics manufacturer plans to open an innovation and service hub in Chicago.
- [Goodfood warns it may need to curtail operations amid mounting losses](https://betakit.com/goodfood-warns-it-may-need-to-curtail-operations-amid-mounting-losses/) - Meal kit startup reported net losses of more than $9 million this fiscal year, with debts coming due in early 2027.
- [Jane App acquires clinic software startup Ginger Desk](https://betakit.com/jane-app-acquires-clinic-software-startup-ginger-desk/) - Ginger Desk is the first public acquisition for the healthcare software unicorn.
- [Saskatoon angel investor Jesse Wiebe charged with indecent act while unlawfully entering home](https://betakit.com/saskatoon-angel-investor-jesse-wiebe-charged-with-indecent-act-while-unlawfully-entering-home/) - Canadian Startup Capital Association founder recently publicly shared struggles with sobriety and mental health.
- [Angel investor Jesse Wiebe conditionally discharged following guilty plea](https://betakit.com/angel-investor-jesse-wiebe-conditionally-discharged-following-guilty-plea/) - The Canadian Startup Capital Association founder is under conditional probation for charges related to an indecent act and unlawful entry.
- [SiftMed lands $5 million to find the facts humans can miss in mountains of medical records](https://betakit.com/siftmed-lands-5-million-to-find-the-facts-humans-can-miss-in-mountains-of-medical-records/) - The St. John’s software startup is backed by Staircase Ventures and the founders of Verafin.
- [The social network that wants to help athletes succeed after sport](https://betakit.com/the-social-network-that-wants-to-help-athletes-succeed-after-sport/) - Former hockey pro Kirsten Toth raises $1.7 million USD to build a networking platform exclusively for athletes.
- [Crypto sector says Canada’s regulatory uncertainty limiting domestic innovation](https://betakit.com/crypto-sector-says-canadas-regulatory-uncertainty-limiting-domestic-innovation/) - Industry leaders argue risk aversion to blame for country’s patchwork rules and slow implementation.
- [San Francisco-based GrubMarket acquires online grocery service SPUD ](https://betakit.com/san-francisco-based-grubmarket-acquires-online-grocery-service-spud/) - Acquisition expands the online farmers market’s reach across British Columbia and Alberta.
- [“We’re counting coupons”: Tech leaders question how foreign investment is shaping domestic innovation](https://betakit.com/were-counting-coupons-tech-leaders-question-how-foreign-investment-is-shaping-domestic-innovation/) - MaRS panel explores Canada’s innovation struggles, from talent retention to tech adoption.
- [Futurpreneur applications surge as more youth explore entrepreneurship](https://betakit.com/futurpreneur-applications-surge-as-more-youth-explore-entrepreneurship/) - The national non-profit saw application rise 50 percent nationwide and 65 percent in Alberta in its latest fiscal quarter.
- [Tailscale catches AI tailwinds as it nears 40,000 paid business customers](https://betakit.com/tailscale-catches-ai-tailwinds-as-it-nears-40000-paid-business-customers/) - New VP Mike Shaver to guide startup’s next phase amid AI agent recommendation boom.
- [Kitematic founders nab $65 million USD to help devs run AI models with Ollama](https://betakit.com/kitematic-founders-nab-65-million-usd-to-help-devs-run-ai-models-locally-with-ollama/) - Canadian-founded, Palo Alto-based software startup Ollama has secured $65 million USD in Series B funding to enable AI’s “personal computer moment.”
- [Source Canada returns with dedicated defence and deep tech tracks](https://betakit.com/source-canada-returns-with-dedicated-defence-and-deep-tech-tracks/) - The procurement summit aims to facilitate relationships between Canadian tech buyers and sellers.
- [Mecka AI acquires Docula as it builds the data layer for robotics](https://betakit.com/mecka-ai-acquires-docula-as-it-builds-the-data-layer-for-robotics/) - The three-person Canadian AI startup is joining the majority-Canadian Mecka team.
- [An Indigenous AI framework](https://betakit.com/an-indigenous-ai-framework/) - Plus: Richard Sutton’s new lab has lofty goals.
- [General Fusion begins trading on Nasdaq, becomes first nuclear fusion company to go public](https://betakit.com/general-fusion-begins-trading-on-nasdaq-becomes-first-nuclear-fusion-company-to-go-public/) - The Richmond, BC-based firm hopes to make nuclear fusion power plants commercially viable.
- [Banff Venture Forum ends 25-year run as new capital summit emerges](https://betakit.com/banff-venture-forum-ends-25-year-run-as-new-capital-summit-takes-it-place/) - The Banff Capital Summit will broaden the event’s focus beyond VC to the full “capital stack.”
- [AI pioneer Richard Sutton founds new research lab](https://betakit.com/ai-pioneer-richard-sutton-founds-new-research-lab/) - Oak Lab hopes to one day create an AI agent that can run on just 20 watts of power.
- [Anthropic commits $10 million to Canadian institutions for AI research ](https://betakit.com/anthropic-commits-10-million-to-canadian-institutions-for-ai-research/) - The AI giant is offering Claude credits to major institutions like U of T, Amii, Mila.
- [Personal training app Flex AI is shutting down](https://betakit.com/personal-training-app-flex-ai-is-shutting-down/) - The company's CEO cites difficulty creating a sustainable business in the crowded fitness tech category.
- [Mila partners with PolArctic to measure sea ice in the High Arctic](https://betakit.com/mila-partners-with-polarctic-to-measure-sea-ice-in-the-high-arctic/) - The partnership will pair Mila’s AI expertise with PolArctic’s traditional knowledge and ocean science to better forecast Arctic ice conditions.
- [InsideDesk closes $12.6 million USD to grow its dental payment management platform](https://betakit.com/insidedesk-closes-12-6-million-usd-to-grow-its-dental-payments-platform/) - The Toronto startup's backers include Pender Ventures, Round13 Capital, and Graphite Ventures.
- [GroundedAI secures $2 million to help modernize tunnel building](https://betakit.com/groundedai-secures-2-million-to-help-modernize-tunnel-building/) - Vancouver’s GroundedAI has closed $2 million CAD to help tunnel developers build a better, more comprehensive understanding of shifting subsurface conditions.
- [Which LLMs are secretly Canadian?](https://betakit.com/which-llms-are-secretly-canadian/) - Plus: OMERS Ventures head departs for Kensington.
- [Siemens Canada to expand Saskatoon R&D hub by 10,000 square feet](https://betakit.com/siemens-canada-to-expand-saskatoon-rd-hub-by-10000-square-feet/) - The expansion will advance ‘industrial AI’ in the company’s semiconductor design.
- [How Ben Machine Products is helping power Canada’s defence push from Vaughan](https://betakit.com/how-ben-machine-products-is-helping-power-canadas-defence-push-from-vaughan/) - The firm has supported Oscar-winning camera technology and fighter jet components. The next challenge is meeting demand.
- [Alberta and Québec partner on AI in government](https://betakit.com/alberta-and-quebec-partner-on-ai-in-government/) - The provinces have signed a memorandum of understanding to share technical assets, develop joint projects.
- [1Password launches AI token spend management](https://betakit.com/1password-launches-ai-token-spend-management/) - Amid soaring costs, the Toronto firm aims to help clients get a handle on their AI usage.
- [Toronto Tech Week doubles attendance in second year](https://betakit.com/toronto-tech-week-doubles-attendance-in-second-year/) - Organizaers say the weeklong, grassroots tech conference hosted 32,000 attendees across more than 600 events.
- [TouchBistro acquired by subsidiary of Constellation Software](https://betakit.com/touchbistro-acquired-by-subsidiary-of-constellation-software/) - Harris Computer reportedly paid $100 million for the Toronto restaurant tech firm.
- [Could AI give us more time for creativity? Maybe if you’re an entrepreneur](https://betakit.com/could-ai-give-us-more-time-for-creativity-maybe-if-youre-an-entrepreneur/) - Tech workers, academics, and founders debate how AI is set to change workers’ relationships to their jobs.
- [General Fusion “pleased” with public-market debut after redemption-heavy SPAC deal](https://betakit.com/general-fusion-pleased-with-public-market-debut-after-redemption-heavy-spac-deal/) - The deal gives the fusion company enough cash to complete its current program.
- [Innovate BC taps IP expert Peter Cowan as next president and CEO](https://betakit.com/innovate-bc-taps-ip-expert-peter-cowan-as-next-president-and-ceo/) - Innovate BC has announced Peter Cowan will join the innovation agency as CEO and president.
- [Applications open for Innovate BC’s Ignite program to fund local R&D projects](https://betakit.com/applications-open-for-innovate-bcs-ignite-program-to-fund-local-rd-projects/) - Through Ignite, Innovate BC grants up to $300,000 CAD to fund the development of new technologies in natural resources, engineering, or applied sciences.
- [Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies](https://betakit.com/aspect-biosystems-lands-165-million-cad-series-b-to-advance-3d-printed-tissue-therapies/) - Vancouver-based startup Aspect Biosystems will use proceeds of Series B to develop bioprinted human tissue implants for diabetes and liver diseases
- [Luge Capital, Pender Ventures hire in Alberta following investments from AEC](https://betakit.com/luge-capital-pender-ventures-hire-in-alberta-following-investments-from-aec/) - New Calgary-based investors include Chelsea Gillett, joining Luge Capital from The51, and Jacob Grainger, joining Pender Ventures from Plug and Play.
- [General Fusion takes major step in quest for Canadian fusion reactors](https://betakit.com/general-fusion-takes-major-step-in-quest-for-canadian-fusion-reactors/) - BC-based experimental energy development company says its LM26 demonstrator created the first magnetized plasma contained in its target chamber.
- [Former Blue Origin CEO to advise General Fusion on energy strategy](https://betakit.com/former-blue-origin-ceo-to-advise-general-fusion-on-energy-strategy/) - Bob Smith will serve as a strategic advisor as the Canadian firm moves toward commercialization.
- [Three Canadian quantum startups selected for US military-backed quantum race program](https://betakit.com/three-canadian-quantum-startups-selected-for-us-military-backed-quantum-race-program/) - Xanadu, Nord Quantique, and Photonic were chosen for the first round of a DARPA research program aiming to build a usable quantum computer by 2033.
- [Bell to build six AI data centres in Canada as telcos compete on infrastructure](https://betakit.com/bell-to-build-six-ai-data-centres-in-canada-as-telcos-compete-on-infrastructure/) - The Bell AI Fabric project aims to build at least four AI data centres in BC, which it says is the first “supercluster” of a planned national network.
- [UrbanLogiq wants governments to rely on its AI-powered insights](https://betakit.com/urbanlogiq-wants-governments-to-rely-on-its-ai-powered-insights/) - Vancouver-based UrbanLogiq has launched an expanded version of its AI-powered government data platform and a program to source data from private sector partners.
- [Women-led startups sweep first Pitch competition on stage at Web Summit Vancouver](https://betakit.com/women-led-startups-sweep-first-pitch-competition-on-stage-at-web-summit-vancouver/) - Early-stage sustainability startup Lite-1 edged out Glüxkind and Vodasafe.
- [Fispan continues industry trend of secondary-heavy deals with Series B round](https://betakit.com/fispan-continues-industry-trend-of-secondary-heavy-deals-with-series-b-round/) - Vancouver-based FinTech company Fispan has secured $30 million USD in Series B financing, including a significant secondary component.
- [Boris Wertz thinks science is the new moat for Canadian tech](https://betakit.com/boris-wertz-thinks-science-is-the-new-moat-for-canadian-tech/) - For BetaKit Most Ambitious, Version One Ventures investor Boris Wertz explains why he bets big on AI, robotics, and Web3.
- [D-Wave sells $400 million USD in common shares to fund acquisitions, working capital](https://betakit.com/d-wave-sells-400-million-usd-in-common-shares-to-fund-acquisitions-working-capital/) - Quantum computing firm joins competitors in selling stock for third time since December.
- [4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round](https://betakit.com/4ag-robotics-looks-to-grow-fleet-of-mushroom-harvesting-robots-with-40-million-series-b-round/) - AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
- [AI bookkeeping startup Ceedar is turning customers into investors](https://betakit.com/ai-bookkeeping-startup-ceedar-is-turning-customers-into-investors/) - Victoria, BC-based AI bookkeeping startup Ceedar raised $200,000 USD from Metalab Ventures and customers-turned-angels.
- [InBC CEO Jill Earthy leaves after “mutual decision” with board](https://betakit.com/inbc-ceo-jill-earthy-leaves-after-mutual-decision-with-board/) - Earthy expects no short-term strategy changes as organization searches for new head.
- [BDC Capital’s Cheri Corbett joins Pender Ventures as partner](https://betakit.com/bdc-capitals-cheri-corbett-joins-pender-ventures-as-partner/) - Corbett, who is based in Calgary, joins a month after Isaac Souweine left the fund.
- [Grammarly rebrands to Superhuman as it expands from catching typos to AI productivity](https://betakit.com/grammarly-rebrands-to-superhuman-as-it-expands-from-catching-typos-to-ai-productivity/) - Superhuman houses writing assistant, email, collaboration tools, and AI agents in a unified platform.
- [Nord Quantique, Xanadu, Photonic advance to next phase of DARPA quantum race](https://betakit.com/nord-quantique-xanadu-photonic-advance-to-next-phase-of-darpa-quantum-race/) - US military-backed initiative aims to build useful quantum computer by 2033.
- [Clio takes Alexi to court over database at the centre of billion-dollar vLex deal](https://betakit.com/clio-takes-alexi-to-court-over-database-at-the-centre-of-billion-dollar-vlex-deal/) - Alexi denies misusing Fastcase data to build a competing platform.
- [InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners](https://betakit.com/inbc-announces-first-three-venture-fund-investments-evok-innovations-raven-capital-yaletown-partners/) - InBC has backed a trio of VC funds focused on climate change, reconciliation, and innovation.
- [New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation](https://betakit.com/new-bc-innovation-minister-brenda-bailey-lays-out-how-she-plans-to-support-provinces-tech-innovation/) - New provincial innovation minister discusses her past and the future of BC tech in an interview with BetaKit.
- [Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment](https://betakit.com/latest-alberta-bc-budgets-target-talent-shortage-with-otherwise-minimal-new-tech-investment/) - Though both BC and Alberta’s 2023 budgets allocate some funding towards tech, stakeholders had hoped to see more support innovation and SMBs.
- [BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs](https://betakit.com/bbtv-among-10-bc-orgs-receiving-total-25-7-million-from-pacifican-to-help-job-retention-amid-tech-layoffs/) - Ten tech companies and organizations based in Vancouver are receiving a cumulative $25.7 million investment to help retain and expand employment opportunities.
- [Raghwa Gopal to retire as head of Innovate BC, kicking off search for new leader](https://betakit.com/raghwa-gopal-to-retire-as-head-of-innovate-bc-kicking-off-search-for-new-leader/) - Innovate BC has announced its president and CEO Raghwa Gopal is retiring in August.
- [List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms](https://betakit.com/list-highlights-10-fast-growing-impactful-sdtc-backed-canadian-cleantech-firms/) - SDTC unveiled its latest list of portfolio firms that have shown significant growth in recent years and delivered sustainability and economic benefits.
- [AbCellera receives $300 million in combined government funding for biotech campus](https://betakit.com/abcellera-receives-300-million-in-combined-government-funding-for-biotech-campus/) - Vancouver-based biotechnology firm AbCellera has received significant provincial & federal backing in support of plans for its new $701-million biotech campus.
- [Over $1 million in cash available for Canadian startups in FinTech, sciences, and more](https://betakit.com/over-1-million-in-cash-available-for-canadian-startups-in-fintech-sciences-and-more/) - There is $1.6 million in cash prizes and grants currently available for Canadian startups in several industries including FinTech, applied sciences, and others.
- [With Collision nearing a one-year Toronto extension, efforts are mounting for a West Coast alternative](https://betakit.com/with-collision-nearing-a-one-year-toronto-extension-efforts-are-mounting-for-a-west-coast-alternative/) - While Collision’s long-term future in Toronto remains uncertain, BetaKit has learned that a group is exploring bringing the tech conference to Vancouver.
- [PacifiCan invests over $4 million into Indigenous-led clean energy, tech upskilling projects](https://betakit.com/pacifican-invests-over-4-million-into-indigenous-led-clean-energy-tech-upskilling-projects/) - PacifiCan is investing over $4 million into two organizations based in British Columbia to support economic development projects for Indigenous peoples.
- [BC regulator suspends ex-Blok Technologies CEO, CFO from investment market for misrepresenting 2018 share sale](https://betakit.com/bc-securities-regulator-suspends-ex-blok-technologies-ceo-and-cfo-from-investment-market-for-misrepresenting-2018-share-sale/) - Former Blok Technologies CEO Robert Earle Dawson and CFO David Malcolm Alexander have separately agreed to suspensions over how a past Blok share sale was communicated to the public, per the BCSC.
- [PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects](https://betakit.com/pacifican-invests-nearly-23-million-in-bc-cleantech-zero-waste-projects/) - Through its Pacific Economic Development Agency of Canada (PacifiCan), the federal government has made a number of investments in June.
- [Meet BC Tech’s first Innovators Hall of Fame inductees](https://betakit.com/meet-bc-techs-first-innovators-hall-of-fame-inductees/) - In partnership with the Government of British Columbia, BC Tech has unveiled eight inductees for the inaugural year of its BC Innovators Hall of Fame.
- [Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion](https://betakit.com/carbon-engineering-sold-to-us-oil-and-gas-company-occidental-for-1-1-billion/) - Carbon Engineering is one of the latest Canadian cleantech startups to be pulled towards south of the border as they make use of the Inflation Reduction Act in the United States.
- [Meet the Y Combinator Summer 2023 cohort startups with Canadian connections](https://betakit.com/meet-the-y-combinator-summer-2023-cohort-startups-with-canadian-connections/) - Seven Canadian tech startups are participating in Y Combinator’s Summer 2023 Demo Day: Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
- [FinTech startup Peloton Technologies announces acquisition of KIS Payments](https://betakit.com/fintech-startup-peloton-technologies-announces-acquisition-of-kis-payments/) - The deal comes almost four months after Peloton received $1.5M from PacifiCan.
- [InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures](https://betakit.com/inbc-invests-29-million-into-4ag-clarius-pender-amplitude-ventures/) - InBC Investment Corp. has announced $29 million CAD worth of investments into two tech startups and two VC funds with a presence in BC.
- [HS GovTech Solutions acquired by Banneker Partners](https://betakit.com/hs-govtech-solutions-acquired-by-banneker-partners/) - Chilliwack, BC-based HS GovTech Solutions has been acquired by a British Columbia subsidiary of United States private equity firm Banneker Partners.
- [InBC leads $13.5-million financing round for ThoughtExchange](https://betakit.com/inbc-leads-13-5-million-financing-round-for-thoughtexchange/) - Rossland, BC-based engagement software startup ThoughtExchange has secured a $13.5-million equity financing round led by InBC Investment Corp.
- [Eavor, Ionomr Innovations, Summit Nanotech among 13 Canadian companies named to 2024 Global Cleantech 100](https://betakit.com/eavor-ionomr-innovations-summit-nanotech-among-13-canadian-companies-named-to-2024-global-cleantech-100/) - Thirteen Canadian tech companies have been named to the 2024 Global Cleantech 100 list.
- [BC offers local businesses up to $500,000 to test early-stage tech innovations](https://betakit.com/bc-offers-local-businesses-up-to-500000-to-test-early-stage-tech-innovations/) - Innovate BC has allocated $2.5 million to projects submitted by Dec. 21.
- [She tried to bring Silicon Valley's tech energy to Vancouver. Why did she leave to build a US startup instead?](https://betakit.com/she-tried-to-build-vancouvers-y-combinator-why-did-she-leave-to-build-a-us-startup-instead/) - Mai Trinh’s Internet Backyard nabs $4.5 million USD pre-seed for data centre financing platform.
- [Court order prompts Well Health, Healwell to hand over records in merger probe](https://betakit.com/court-order-prompts-well-health-healwell-to-hand-over-records-in-merger-probe/) - Canada's Competition Bureau will investigate if the takeover affects choice and cost to users.
- [Photonic says it’s ready to commercialize quantum with $180-million fundraise](https://betakit.com/photonic-says-its-ready-to-commercialize-quantum-with-180-million-fundraise/) - RBC and Telus back the quantum computing company as it looks to develop enterprise-ready technology.
- [D-Wave strikes $550-million USD deal to acquire Quantum Circuits](https://betakit.com/d-wave-strikes-550-million-usd-deal-to-acquire-quantum-circuits/) - After spending decades on quantum annealing, D-Wave hopes to make a splash in gate-based computing.
- [Alexi escalates legal fight with Clio by filing antitrust claim](https://betakit.com/alexi-escalates-legal-fight-with-clio-by-filing-antitrust-claim/) - After being sued for an alleged breach of contract, Toronto-based legaltech startup Alexi has fired back with counterclaims against Clio.
- [Jetson raises $50-million USD Series A to heat more homes efficiently](https://betakit.com/jetson-raises-50-million-usd-series-a-to-heat-more-homes-efficiently/) - Vancouver-based home electrification startup Jetson has raised $50 million USD in Series A financing.
- [Canada’s housing supply is in crisis. Can robots help?](https://betakit.com/canadas-housing-supply-is-in-crisis-can-robots-help/) - Automated homebuilders are pitching solutions to get more (ideally affordable) roofs over our heads.
- [For this flying robot company, student internships trump senior engineers](https://betakit.com/for-this-flying-robot-company-student-internships-trump-senior-engineers/) - How Avestec’s engineering talent pipeline reshaped how it prototypes, designs, and scales complex hardware systems.
- [The startup bringing a piece of America's FinTech stack to Canada](https://betakit.com/the-startup-bringing-a-piece-of-americas-fintech-stack-to-canada/) - Slate’s embedded lending infrastructure was purpose-built for Canada.
- [Photonic claims “world-first” quantum teleportation across Telus fibre network](https://betakit.com/photonic-claims-world-first-quantum-teleportation-across-telus-fibre-network/) - Vancouver quantum company deepens partnership with investor and telecom giant.
- [Montréal AI conference ALL IN to expand with events in Vancouver, Toronto](https://betakit.com/montreal-ai-conference-all-in-to-expand-with-events-in-vancouver-toronto/) - AI conference ALL IN will host events in Vancouver on April 15 and Toronto on May 28.
- [Photonic names former Microsoft Xbox head Don Mattrick CEO](https://betakit.com/photonic-names-former-microsoft-xbox-head-don-mattrick-ceo/) - The company's former leader, Paul Terry, moves to CPO as BC quantum firm makes a commercialization push.
- [NYT claims Bitcoin creator is founder of Canadian company Blockstream](https://betakit.com/new-york-times-claims-bitcoin-creator-is-founder-of-canadian-company-blockstream/) - The latest unmasking of Satoshi Nakamoto is reportedly Blockstream CEO Adam Back.
- [Letterboxd’s Canadian owner reportedly looking to sell](https://betakit.com/letterboxds-canadian-owner-reportedly-looking-to-sell/) - Victoria-based holding company Tiny acquired a controlling stake in the film review app in 2023.
- [Web Summit Vancouver's two wolves](https://betakit.com/the-betakit-story-mark-carney-wants-to-build-on/) - Plus: What’s pushing Canadian companies back to the public markets?
- [Legacy Keeper launches to organize estate planning with AI agents](https://betakit.com/legacy-keeper-launches-to-organize-estate-planning-with-ai-agents/) - The Victoria, BC-founded platform aims to cut down work for financial advisors.
- [Robotics startup Sanctuary AI appoints former MDA exec as CEO](https://betakit.com/robotics-startup-sanctuary-ai-appoints-former-mda-exec-as-ceo/) - Interim CEO’s departure continues string of leadership changes at Vancouver-based startup.
- [Solving.AI wants AI to teach you how to use work software (properly) ](https://betakit.com/solving-ai-wants-ai-to-teach-you-how-to-use-work-software-properly/) - The Montréal startup has raised $1.1 million to help fix corporate software adoption rates.
- [Manzil launches “halal version of Robinhood” in US as it eyes global growth](https://betakit.com/manzil-launches-halal-version-of-robinhood-in-us-as-it-eyes-global-growth/) - Manzil has launched self-directed halal stock trading south of the border in what the Toronto-based Islamic FinTech startup claims marks a North American first.
- [At Startupfest, Georges St-Pierre and Harley Finkelstein compare notes on fear, focus, and ambition](https://betakit.com/at-startupfest-georges-st-pierre-and-harley-finkelstein-compare-notes-on-fear-focus-and-ambition/) - The UFC champ and Shopify's president kicked off the Montréal tech conference with a fireside chat.
- [Harley Finkelstein's Startupfest talk interrupted by protester](https://betakit.com/harley-finkelsteins-startupfest-talk-interrupted-by-protester/) - Shopify president asked about support for Israel’s actions in Gaza while speaking with Georges St-Pierre.
- [Nord Quantique announces latest advance in quantum error correction ](https://betakit.com/nord-quantique-announces-latest-advance-in-quantum-error-correction/) - The Québec company says it has reduced “bookend” errors to under 0.1 percent.
- [Alberta opens online gambling market to private operators](https://betakit.com/alberta-opens-online-gambling-market-to-private-operators/) - The province is the second in Canada to allow in private operators like DraftKings and FanDuel.
- [Canada should stop acting like the waiting room for Delaware](https://betakit.com/canada-should-stop-acting-like-the-waiting-room-for-delaware/) - Avery Pennarun says Canadians don’t need to become American to sell to Americans.
- [How Dominion Dynamics is building Canada’s first line of Arctic defence](https://betakit.com/how-dominion-dynamics-is-building-canadas-first-line-of-arctic-defence/) - Dominion Dynamics and BetaKit Most Ambitious honouree CEO Eliot Pence explains his company’s plans to become Canada’s defence general contractor.
- [Gerry Pond, “Codefather” of New Brunswick tech, dies at 82](https://betakit.com/gerry-pond-codefather-of-new-brunswick-tech-dies-at-82/) - The former NBTel CEO was a staunch supporter of Atlantic Canada’s startup sector.
- [Silicon Valley hits Calgary Stampede](https://betakit.com/silicon-valley-hits-calgary-stampede/) - Plus: Canada isn’t Delaware’s waiting room.
- [Q&A: Hussein Fazal on Super.com’s 10-year journey to becoming a unicorn](https://betakit.com/qa-hussein-fazal-on-super-coms-10-year-journey-to-becoming-a-unicorn/) - The CEO reflects on the company's evolution from an online travel agency to a “savings super app” after its Series D round.
- [What Canadian tech startups should know about AI in the workplace](https://betakit.com/what-canadian-tech-startups-should-know-about-ai-in-the-workplace/) - BetaKit sat down with two employment lawyers from Littler to unpack what Canadian tech startups—and workers—should know about AI in the workplace.
- [AgroGene Solutions takes top prize at Startupfest 2026](https://betakit.com/agrogene-solutions-takes-top-prize-at-startupfest-2026/) - Montréal tech conference doled out more than $800,000 in pitch prizes.
- [Assent makes first acquisition deal with purchase of German firm IPoint](https://betakit.com/assent-makes-first-acquisition-deal-with-purchase-of-german-firm-ipoint/) - The Ottawa centaur says the deal will help expand its supply-chain compliance platform.
- [Founders reveal their biggest mistakes and luckiest breaks at Startupfest](https://betakit.com/founders-reveal-their-biggest-screw-ups-and-luckiest-breaks-at-startupfest/) - The CEOs of Stay22, Medeloop, Toothpod, and GridBank gave the brutal truth about running startups.
- [Reaction Dynamics CEO wants more Canadian LPs to back moonshots](https://betakit.com/reaction-dynamics-ceo-wants-more-canadian-lps-to-back-moonshots/) - At a Startupfest hardtech panel, Bachar Elzein argued for a wider private capital pool.
- [Dubai’s Ahoy to hire 200 in Montréal as it relocates R&D hub](https://betakit.com/dubais-ahoy-to-hire-200-in-montreal-as-it-relocates-rd-hub/) - The move comes months after the AI firm struck a “nine-figure” deal to buy Montréal’s Wrk.
- [Meta to build Canada’s largest data centre north of Edmonton](https://betakit.com/meta-to-build-canadas-largest-data-centre-north-of-edmonton/) - The company says its $13-billion investment will support 3,000 jobs.
- [How Québec startups turned VivaTech into a foothold in Europe](https://betakit.com/how-quebec-startups-turned-vivatech-into-a-foothold-in-europe/) - Four Québec startups share what worked at the tech event, what surprised them, and how they plan to grow.
- [Stampede’s Robot Rodeo features battle of bale-busting bots](https://betakit.com/stampedes-robot-rodeo-features-battle-of-bale-busting-bots/) - The student-focused event looks to spur on interest in Agtech.
- [Canada is spending on defence tech. Markham wants to build it](https://betakit.com/canada-is-spending-on-defence-tech-markham-wants-to-build-it/) - Emergent Solutions is among startups betting on Markham as demand grows for resilient tech.
- [Alberta to invest $50 million into Amii over five years](https://betakit.com/alberta-to-invest-50-million-into-amii-over-five-years/) - The investment will be broken down across five provincial ministries.
- [How Summit Lithium’s Amanda Hall emerged from the investment “valley of death”  ](https://betakit.com/how-summit-lithiums-amanda-hall-emerged-from-the-investment-valley-of-death/) - The cleantech founder kicked off a Startupfest event focused on impact investing.
- [MDA Space will buy 567-million-euro majority stake in French satellite company](https://betakit.com/mda-space-will-buy-567-million-euro-majority-stake-in-french-satellite-company/) - MDA says the acquisition will create one of the largest space-based geointelligence businesses in the world.
- [Q&A: Minister Evan Solomon on why Ottawa wants Canadians to adopt AI](https://betakit.com/qa-minister-evan-solomon-on-why-ottawa-wants-canadians-to-adopt-ai/) - The federal AI minister on why he considers AI a foundational technology, and why Canada needs sovereign digital alternatives.
- [OpenText lays off two percent of its workforce](https://betakit.com/opentext-lays-off-two-percent-of-its-workforce/) - Roughly 400 global employees are now out of work, but OpenText says Canadian impact is "minimal."
- [Xanadu visits the White House for quantum summit](https://betakit.com/xanadu-visits-the-white-house-for-quantum-summit/) - The Toronto quantum computing firm was the lone Canadian representative at the event.
- [Ontario gets new fund to back university life sciences spinouts](https://betakit.com/ontario-gets-new-early-stage-fund-to-back-life-sciences-spinouts/) - The University of Toronto, McMaster, and the Ontario government have teamed up on the new, $40-million fund backing life sciences spinouts from both universities.
- [Does Anthropic want to eat your business?](https://betakit.com/does-anthropic-want-to-eat-your-business/) - Plus: How AI chatbots are being tricked into smear marketing.
- [Alberta invests $37 million into advanced drilling technology ](https://betakit.com/alberta-invests-37-million-into-advanced-drilling-technology/) - The funding comes through Emissions Reduction Alberta’s Drilling Technology Challenge and will support 10 projects.
- [Winnipeg adtech Taiv among recipients of PrairiesCAN AI adoption funding](https://betakit.com/winnipeg-adtech-taiv-among-recipients-of-prairiescan-ai-adoption-funding/) - Canada’s AI minister announces $10.2 million for six Manitoba businesses.
- [AI4Eyes sets its sights on faster dry eye diagnoses in Montréal clinics](https://betakit.com/ai4eyes-sets-its-sights-on-faster-dry-eye-diagnoses-in-montreal-clinics/) - The healthtech startup is set to start testing new technology as part of a Quebec-backed medtech initiative.
- [For Canadian femtech, women’s autonomy is part of the business model](https://betakit.com/for-canadian-femtech-womens-autonomy-is-part-of-the-business-model/) - Virtual healthcare that puts women’s control at the forefront is attracting VC dollars.
- [Well Health to spin out and publicly list pure-play software business on TSXV](https://betakit.com/well-health-to-spin-out-and-publicly-list-pure-play-software-business-on-tsxv/) - The Vancouver-based healthtech has been preparing to spin out Wellstar since 2024.
- [ElevenLabs to open Toronto office and double Canadian headcount by end of 2026](https://betakit.com/elevenlabs-to-open-toronto-office-and-double-canadian-headcount-by-end-of-2026/) - Max Lemmens will lead the AI voice startup’s expansion efforts as its new general manager in Canada.
- [Canada’s telco and banking incumbents form AI consortium](https://betakit.com/canadas-telco-and-banking-incumbents-form-ai-consortium/) - Scotiabank, Sun Life, Telus, and Lightworks team up to build and govern AI infrastructure at the enterprise level.
- [Alberta is open-sourcing its AI playbook for government](https://betakit.com/alberta-is-open-sourcing-its-ai-playbook-for-government/) - The Province has released series of white papers explaining how it used tools like Claude and Gemini to upgrade government systems.
- [Canada’s real-time rail system will launch this year after achieving “critical milestone"](https://betakit.com/canadas-real-time-rail-system-will-launch-this-year-after-achieving-critical-milestone/) - After years of consultations and delays, the finance minister has approved an RTR system’s bylaw and rules.
- [Mortgage B-lender Haventree launches online bank](https://betakit.com/mortgage-b-lender-haventree-launches-online-bank/) - Schedule 1 Canadian bank launching a hybrid chequing-savings account.
- [Q&A: How InBC hopes to redefine its role in BC tech as a more strategic investor](https://betakit.com/qa-how-inbc-is-redefining-its-role-in-bc-tech-as-a-more-strategic-investor/) - CIO Thomas Park unpacks InBC’s shifting strategy and its push to fill the university-commercialization gap.
- [Katalyze AI thinks the future of pharma operations is teams of AI agents](https://betakit.com/katalyze-ai-thinks-the-future-of-pharma-operations-is-teams-of-ai-agents/) - The co-founder of WFHomie and a former leader at Sanofi have closed $10.5 million USD to speed up drug development.
- [Descartes cruises into Latin America with acquisition of last-mile management platform Drivin](https://betakit.com/descartes-cruises-into-latin-america-with-acquisition-of-last-mile-management-platform-drivin/) - The Waterloo-based logistics tech firm makes its 37th acquisition since 2016.
- [Paraito raises $2.65 million to automate grunt work for Québec notaries](https://betakit.com/paraito-raises-2-65-million-to-automate-grunt-work-for-quebec-notaries/) - The Inovia-backed startup out of Montréal is using AI to speed up real estate title searches.
- [Scandium Canada acquires, rebrands ski-maker Ferreol Technologies](https://betakit.com/scandium-canada-acquires-rebrands-ski-maker-ferreol-technologies/) - Ferreol’s alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
- [Feds revamp procurement rules to make it easier to buy from Canadian small businesses ](https://betakit.com/feds-revamp-procurement-rules-to-make-it-easier-to-buy-from-canadian-small-businesses/) - The new Small Business Procurement Program will standardize contracts, integrate AI, and implement a “Tell Us Once” approach.
- [Q&A: Why Alistair Croll built a virtual conference just for AI agents](https://betakit.com/qa-why-alistair-croll-built-a-virtual-conference-just-for-ai-agents/) - Debuting next month at Startupfest, Envoi is “Moltbook, but a conference.”
- [Digital elbows up](https://betakit.com/digital-elbows-up/) - Cory Doctorow argues that the best way to reclaim our digital sovereignty is to jailbreak Canada.
- [Canada is building sovereign AI—now it needs to secure it](https://betakit.com/canada-is-building-sovereign-ai-now-it-needs-to-secure-it/) - A former police investigator argues that AI security needs to be treated as a distinct discipline.
- [Canada’s Arctic defender looks south?](https://betakit.com/canadas-arctic-defender-looks-south/) - Plus: Shopify and Shopline settle copyright suit.
- [Hopper to pay $35 million USD to settle US FTC suit over “hidden fees”](https://betakit.com/hopper-to-pay-35-million-usd-to-settle-us-ftc-suit-over-hidden-fees/) - US federal regulator says Montréal travel app’s previous tech unfairly charged customers.
- [Real estate platform myAbode adds listing marketing tools with FirstList acquisition](https://betakit.com/real-estate-platform-myabode-adds-exclusive-listings-and-new-digital-tools-with-firstlist-acquisition/) - Acquisition sees two Shopify alumni join myAbode’s executive team.
- [Canadian government gains access to Anthropic’s powerful Mythos model](https://betakit.com/canadian-government-gains-access-to-anthropics-powerful-mythos-model/) - Canada is now on the exclusive list of countries and organizations with access to Anthropic’s Mythos.
- [Canadians can once again access Anthropic’s Fable after US lifts ban](https://betakit.com/canadians-can-once-again-access-anthropics-fable-after-us-lifts-ban/) - Anthropic says the jailbreak that prompted the contentious foreign-access ban worked on other AI models, as well.
- [Quantum tech firm BTQ to acquire France’s QPerfect](https://betakit.com/quantum-tech-firm-btq-to-acquire-frances-qperfect/) - Vancouver-based BTQ will pay just over $30 million CAD for the French quantum firm.
- [Paystone enters creditor protection, pursues debt restructuring, sale](https://betakit.com/paystone-enters-creditor-protection-pursues-debt-restructuring-sale/) - London, Ontario-based payments company Paystone filed for creditor protection in early June amid severe financial difficulties, according to court documents.
- [AI minister says Ottawa considering taking the lead on AI investment rounds](https://betakit.com/ai-minister-says-ottawa-considering-taking-the-lead-on-ai-investment-rounds/) - Minister Evan Solomon spoke to the federal government's shift from startup supporter to stakeholder on The BetaKit Podcast.
- [Telesat donates satellite capacity for Venezuela’s recovery efforts](https://betakit.com/telesat-donates-satellite-capacity-for-venezuelas-recovery-efforts/) - Local telecom to use connectivity for communications and emergency response.
- [Vancouver Police sergeant becomes first Canadian ALS patient to receive Neuralink brain implant](https://betakit.com/vancouver-police-sergeant-becomes-first-canadian-als-patient-to-receive-neuralink-brain-implant/) - Toronto’s University Health Network debuts new neurosurgical technique to insert Elon Musk-owned medical device.
- [AI can be the First Spike of Canada’s digital age](https://betakit.com/ai-can-be-the-first-spike-of-canadas-digital-age/) - Alex Tapscott on what the Canadian Pacific Railway teaches us about building Canada’s next great national projects in the AI age.
- [Dominion Dynamics lands $139 million in Canada's largest defence-tech Series A](https://betakit.com/dominion-dynamics-lands-139-million-in-canadas-largest-defence-tech-series-a/) - Ottawa defence tech startup Dominion Dynamics has secured a $139-million CAD Series A to become Canada’s first line of defence in the Arctic.
- [Shopify settles copyright lawsuit with rival Shopline](https://betakit.com/shopify-settles-copyright-lawsuit-with-rival-shopline/) - Canadian e-commerce giant Shopify and Hong Kong-founded, Singapore-based competitor Shopline settled their copyright lawsuit this week.
- [EQ Bank carves out more market share with $800-million PC Financial purchase](https://betakit.com/eq-bank-carves-out-more-market-share-with-800-million-pc-financial-purchase/) - Deal comes at the end of a “difficult year” for EQB.
- [Has quantum computing reached an inflection point? A top insider sees signs](https://betakit.com/has-quantum-computing-reached-an-inflection-point-a-top-insider-sees-signs/) - As IEEE Quantum Week returns to Toronto this September, last year’s keynote from Nvidia’s Sam Stanwyck offers a candid look at quantum computing’s momentum.
- [Kraken dives deeper into defence with $615-million Covelya Group acquisition](https://betakit.com/kraken-dives-deeper-into-defence-with-615-million-covelya-group-acquisition/) - The acquisition would create a larger subsea player that spans defence and commercial markets.
- [Minister Evan Solomon on Canada’s AI strategy, sovereignty, and social media](https://betakit.com/ai-minister-evan-solomon-betakit-podcast/) - A special Canada Day edition of The BetaKit Podcast.
- [Checking in on Canada's digital sovereignty](https://betakit.com/checking-in-on-canadas-digital-sovereignty/) - Plus: More BetaKit in your inbox, every Wednesday.
- [From Chrome extension to customer data engine: Floqer announces $2-million raise](https://betakit.com/from-chrome-extension-to-customer-data-engine-floqer-announces-2-million-raise/) - The Halifax startup now helps companies like Perplexity and Wise gather customer data.
- [Stathera raises $55 million USD for semiconductor clock tech amid data centre boom](https://betakit.com/stathera-raises-55-million-usd-for-semiconductor-clock-tech-amid-data-centre-boom/) - CEO George Xereas says there’s “no reason” precision timing tech can’t be built in Canada.
- [Toast launches AI-powered recruitment platform](https://betakit.com/toast-launches-ai-powered-recruitment-platform/) - The Toast Talent Marketplace is scheduled to roll out its beta version in the next two weeks.
- [US finance app SoFi acquires Composer to add AI investing strategies](https://betakit.com/us-finance-app-sofi-acquires-composer-to-add-ai-investing-strategies/) - Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
- [PrairiesCan invests $5.6 million to support Black entrepreneurship in Alberta](https://betakit.com/prairiescan-invests-5-6-million-to-support-black-entrepreneurship-in-alberta/) - Investment follows similar funding last week in Manitoba.
- [Minimum viable sovereignty](https://betakit.com/how-sovereign-is-sovereign-enough/) - The Canadian Shield Institute’s Vass Bednar explains how Canada can bootstrap digital self-reliance in the face of weaponized integration.
- [Linux Association of Canada launches open-source jobs database](https://betakit.com/linux-association-of-canada-launches-open-source-jobs-database/) - New organization aimed at bolstering access to sovereign, open software.
- [Gander Social to launch to public on Canada Day](https://betakit.com/gander-social-to-launch-to-public-on-canada-day/) - The Canadian-made social media network will roll out nationwide after already tallying 18,000 beta users.
- [Conexus Venture Capital invests in FinTech Judi.ai](https://betakit.com/conexus-venture-capital-invests-in-fintech-judi-ai/) - Judi’s platform streamlines the loan application process.
- [Deep Sky delivers North America’s first direct air capture carbon credits](https://betakit.com/deep-sky-delivers-north-americas-first-direct-air-capture-carbon-credits/) - Montréal-based company’s Alberta facility pulled carbon straight out of the air on behalf of RBC and Microsoft.
- [InvestEco Capital raises $106 million for fourth sustainable food fund](https://betakit.com/investeco-capital-raises-106-million-for-fourth-sustainable-food-fund/) - Toronto-based investor targets companies promoting a healthier, more sustainable food sector.
- [Vector Institute launches open-source AI bias detector](https://betakit.com/vector-institute-launches-open-source-ai-bias-detector/) - New tool aims to flag and rework biases in writing and AI datasets.
- [Spellbook aims to write and renew the world’s contracts with AI](https://betakit.com/spellbook-aims-to-write-and-renew-the-worlds-contracts-with-ai/) - Spellbook wants to set a new standard for how contracts are drafted and signed.
- [Why cybersecurity teams are struggling to keep up with AI adoption](https://betakit.com/why-cybersecurity-teams-are-struggling-to-keep-up-with-ai-adoption-2/) - Companies and employees are adopting AI tools faster than ever, leaving security teams scrambling to understand what is running across their own environment
- [The secret startups](https://betakit.com/the-secret-startups/) - Gigaom went under a year after raising $8 million. Another new media casualty, or the death of a startup?
- [Edmonton's digital Nostradamus, and the early-stage funding gap](https://betakit.com/edmontons-digital-nostradamus-and-the-early-stage-funding-gap/) - Plus: Why Manitoba is saying no to large-scale data centres.
- [Canada is gaining corporate VCs, but still has “a participation problem,” report finds](https://betakit.com/canada-is-gaining-corporate-vcs-but-still-has-a-participation-problem-report-finds/) - While Canada’s corporate venture capital ecosystem is growing, deal volume still dropped 20 percent in 2025, per Deloitte Ventures’ latest annual market report
- [Feds release proposed open banking regulations](https://betakit.com/feds-release-proposed-open-banking-regulations/) - Canada now has proposed regulations on open banking, but no clear launch date yet.
- [Feds invest $3.2 million to support Manitoba’s Black entrepreneurs](https://betakit.com/feds-invest-3-2-million-to-support-manitobas-black-entrepreneurs/) - The investment will go to three organizations focusing on Black business development.
- [Why advocates say “inclusive succession” is a hidden market opportunity for Canada](https://betakit.com/why-advocates-say-inclusive-succession-is-a-hidden-market-opportunity-for-canada/) - The report calls for more structural support for entrepreneurship-through-acquisition.
- [Canada’s early-stage startup funding is in a sustained decline, RBCx finds](https://betakit.com/canadas-early-stage-startup-funding-is-in-a-sustained-decline-rbcx-finds/) - Last year was tough for domestic VC fundraising. Data show 2026 is off to a rough start.
- [How university-born healthtech research can make the leap beyond the lab](https://betakit.com/how-university-born-healthtech-research-can-make-the-leap-beyond-the-lab/) - WearDOXX is part of YSpace’s effort to help turn Canadian research into globally competitive healthtech businesses.
- [Five Eyes alliance warns of potential AI-powered cyber threat “crises”](https://betakit.com/five-eyes-alliance-warns-of-potential-ai-powered-cyber-threat-crises/) - The alliance urges strengthening of cyber defences before an incident escalates into major operational and financial issues.
- [Blossom Social raises more than $2 million through FrontFundr campaign](https://betakit.com/blossom-social-raises-more-than-2-million-through-frontfundr-campaign/) - The funding will help the social network for investors continue its global expansion.
- [Manitoba premier says air force base expansion only possible thanks to data centre rejection](https://betakit.com/manitoba-premier-says-air-force-base-expansion-only-possible-thanks-to-data-centre-rejection/) - The Province rejected proposals for a 141-hectare hyperscale data centre earlier this month
- [The forecast factory: How an Alberta tech company simulates disasters before they happen](https://betakit.com/the-forecast-factory-how-an-alberta-tech-company-simulates-disasters-before-they-happen/) - Run With It Synthetics works to imagine dark futures—so the worst outcomes can be prevented.
- [Sellit9 closes $4.1 million to help Canadians trade in old electronics](https://betakit.com/sellit9-closes-4-1-million-to-help-canadians-trade-in-old-electronics/) - The startup aims to help consumers skip the "marketplace drama" while avoiding price haggling and safety concerns.
- [Cognota broadens corporate learning platform with Learnexus acquisition](https://betakit.com/cognota-broadens-corporate-learning-platform-with-learnexus-acquisition/) - The toronto company says deal will help it connect enterprise customers with freelancers and agents.
- [Restaurants call on courts to force XTM to repay missing funds](https://betakit.com/restaurants-call-on-courts-to-force-xtm-to-repay-missing-funds/) - FinTech’s payments platform abruptly collapsed earlier this year
- [Klue hack leads to customer data breach](https://betakit.com/klue-hack-leads-to-customer-data-breach/) - The company's CEO says “a single compromise can ripple across many organizations” in modern software.
- [Superhuman, formerly Grammarly, acquires AI detector GPTZero](https://betakit.com/superhuman-formerly-grammarly-acquires-ai-detector-gptzero/) - The two companies, both with Canadian roots, want to build the internet’s “authenticity layer.”
- [Enabled Talent’s new program aims to help disabled Canadians become entrepreneurs](https://betakit.com/enabled-talents-new-program-aims-to-help-disabled-canadians-become-entrepreneurs/) - The accelerator-like program is meant to provide community, mentorship, and help finding funding.
- [With update to Canada’s privacy laws, feds are building a “super-regulator”](https://betakit.com/with-update-to-canadas-privacy-laws-feds-are-building-a-super-regulator/) - Bill C-36 would hand private-sector privacy authority to Canadian Digital Safety Commission.
- [National AI institutes get funding and talent boost from AI strategy](https://betakit.com/national-ai-institutes-get-funding-and-talent-boost-from-ai-strategy/) - Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.
- [OpenAI sued by mother of Montréal woman who died by suicide](https://betakit.com/openai-sued-by-mother-of-montreal-woman-who-died-by-suicide/) - The complaint comes as Canada introduces a bill that would hold chatbot providers liable for harms.
- [Wyvern selected for NASA satellite data program](https://betakit.com/wyvern-selected-for-nasa-satellite-data-program/) - The Commercial Satellite Data Acquisition program will bring Wyvern’s hyperspectral imaging to NASA researchers.
- [Tetrix raises $15 million USD to excavate investor data buried in old technolgies](https://betakit.com/tetrix-raises-15-million-usd-to-excavate-investor-data-buried-in-old-technolgies/) - The Canadian co-founded, New York-based investment intelligence platform will expand its Montréal office with the new funding.
- [Feds announce $173 million for Women Entrepreneurship Strategy](https://betakit.com/feds-announce-173-million-for-women-entrepreneurship-strategy/) - The funding will help bolster the strategy’s loan fund, ecosystem fund, and knowledge hub.
- [Q&A: How open banking could leave small FinTechs out  ](https://betakit.com/qa-how-open-banking-could-leave-small-fintechs-out/) - FDATA head Steve Boms argues for a “sponsored” accreditation model in Canada.
- [Signal 1’s AI platform adopted by New York’s Mount Sinai Health System](https://betakit.com/signal-1s-ai-platform-adopted-by-new-yorks-mount-sinai-health-system/) - The Toronto startup will help the medical network monitor its AI use.
- [Six-month-old Anchorbase closes $2 million USD pre-seed round](https://betakit.com/six-month-old-anchorbase-closes-2-million-usd-pre-seed-round/) - The payment automation platform plans to scale its engineering and product teams.
- [Qubic raises $2.5 million USD to commercialize quantum signal amplifiers](https://betakit.com/qubic-raises-2-5-million-usd-to-commercialize-quantum-signal-amplifiers/) - Two Small Fish led the seed round, which will help scale the manufacturing of Qubic’s cryogenic amplifiers.
- [Former Quantum Industry Canada CEO joins US-based IonQ](https://betakit.com/former-quantum-industry-canada-ceo-joins-us-based-ionq/) - The inaugural leader of QIC, Lisa Lambert, is now IonQ’s managing director for Canada.
- [Peter and Carol Moreira to step away from Entrevestor](https://betakit.com/peter-and-carol-moreira-to-step-away-from-entrevestor/) - The Halifax-based publication has been a leading voice in Atlantic Canada’s startup ecosystem for 15 years.
- [Wealthsimple bets on a complex market](https://betakit.com/wealthsimple-bets-on-a-complex-market/) - Plus: Feds force through controversial Bill C-22.
- [Meet the father-son duo hoping to turn their AI side project into a gaming company](https://betakit.com/meet-the-father-son-duo-hoping-to-turn-their-ai-side-project-into-a-gaming-company/) - After vibe-coding a viral colour memory game, Geoff and Sam Teehan want to make it a lasting business.
- [“Bottoms-up” incubator Althra opens applications for third cohort](https://betakit.com/bottoms-up-incubator-althra-opens-applications-for-third-cohort/) - Eighteen startups in, Althra's Boris Wertz says his bet on the Vancouver tech hub is playing out.
- [Canadian surgical AI startup wins VivaTech pitch contest](https://betakit.com/canadian-surgical-ai-startup-wins-vivatech-pitch-contest/) - Reveal Life Science uses molecular vision to detect cancers during surgery.
- [AI experts want a middle-power coalition to set safety guardrails. Some think Canada could lead it](https://betakit.com/ai-experts-want-a-middle-power-coalition-to-set-safety-guardrails-some-think-canada-could-lead-it/) - Behind closed doors, experts and policymakers fear the US isn’t a “good-faith actor” on AI safety.
- [Shopify shareholders vote down responsible AI proposal](https://betakit.com/shopify-shareholders-vote-down-responsible-ai-proposal/) - Company’s board had previously called the proposal a “solution in search of a problem.”
- [Fellow surpasses 5,000 customers after rebooting for the AI era](https://betakit.com/fellow-surpasses-5000-customers-after-rebooting-for-the-ai-era/) - The enterprise meeting assistant hopes to achieve $100 million in revenue by 2028.
- [Canada bans “sophisticated deepfakes” of political figures](https://betakit.com/canada-bans-sophisticated-deepfakes-of-political-figures/) - The Strong and Free Elections Act closes some loopholes but carves out exemptions for parody and satire.
- [MDA Space to buy Raytheon’s satellite maker for $620 million USD](https://betakit.com/mda-space-to-buy-raytheons-satellite-maker-for-620-million-usd/) - The company says the acquisition capitalizes on the US government's growing demand for defence space missions.
- [SFU VentureLabs and Manterra partner to help BC startups manufacture locally](https://betakit.com/sfu-venturelabs-and-manterra-partner-to-help-bc-startups-manufacture-locally/) - VentureLabs says working with a local partner offers founders an alternative to offshore production.
- [Autonomique says backflipping robots are not the point](https://betakit.com/autonomique-says-backflipping-robots-are-not-the-point/) - The Montréal- and Menlo Park-based startup is deploying physical AI at an Ontario F&P plant.
- [Cybersecurity coding bootcamp aims to help Canadian veterans transition to tech jobs](https://betakit.com/cybersecurity-coding-bootcamp-aims-to-help-canadian-veterans-transition-to-tech-jobs/) - As cyber threats increase, Coding for Veterans helps active CAF members level up.
- [Create more value than you capture:  An oral history of Toronto product development](https://betakit.com/create-more-value-than-you-capture-an-oral-history-of-toronto-product-development/) - An oral history of Toronto product development, as told by many (but not all!) of those who helped shape Toronto tech.
- [Quantum Industry Canada CEO Lisa Lambert to step down](https://betakit.com/quantum-industry-canada-ceo-lisa-lambert-to-step-down/) - The organization’s first CEO plans to leave for new career opportunities at the end of June.
- [Questrade launches custom indexing as massive IPOs reshape the market](https://betakit.com/questrade-launches-custom-indexing-as-massive-ipos-reshape-the-market/) - The company's CPO says there’s demand for portfolio flexibility ahead of blockbuster IPOs from Anthropic and OpenAI.
- [Bill C-22 passes third reading after Liberals adopt measures to limit debate](https://betakit.com/liberals-limit-debate-on-lawful-access-act-to-rush-legislation-forward/) - The Lawful Access Act passes to the Senate after a fast-tracked vote, and a committee session that stretched past midnight.
- [HelloFresh subsidiary Factor brings new distribution centre, 400 jobs to Calgary](https://betakit.com/hellofresh-subsidiary-factor-brings-new-distribution-centre-400-jobs-to-calgary/) - The Meal kit service will deliver to Western Canada starting this fall.
- [Smaller businesses are struggling to breach Canada's defence sector: report](https://betakit.com/smaller-businesses-are-struggling-to-breach-canadas-defence-sector-report/) - Industry leaders say the country must move faster to bring defence-adjacent firms into the fold.
- [Wealthsimple partners with US exchange Kalshi to launch prediction market app](https://betakit.com/wealthsimple-launches-prediction-markets-app-through-us-exchange-kalshi/) - Wealthsimple is officially wading into the prediction markets game with a standalone app.
- [Calgary is now the fastest growing tech ecosystem in Canada](https://betakit.com/calgary-is-now-the-fastest-growing-tech-ecosystem-in-canada/) - A global startup ecosystem report shows the city's tech sector growth dramatically outpaces the Canadian average.
- [Shopify introduces in-store returns, more updates to agentic commerce](https://betakit.com/shopify-introduces-in-store-returns-more-updates-to-agentic-commerce/) - The Spring 2026 Shopify Editions newsletter contained more than 150 product updates.
- [June Health closes $2.4 million for expanded women’s health platform](https://betakit.com/june-health-closes-2-4-million-for-expanded-womens-health-platform/) - Securian Canada, the co-founders of PointClickCare, and others have joined as investors.
- [Did the Anthropic model ban prove Cohere is right about sovereign AI?](https://betakit.com/did-the-anthropic-model-ban-prove-cohere-is-right-about-sovereign-ai/) - Cohere Co-founder Nick Frosst on sovereign AI, Star Trek, and why he doesn’t make a point of listening to Marc Andreessen.
- [How IDMTC and SR&ED can help Canadian tech companies stretch their R&D budgets](https://betakit.com/how-idmtc-and-sred-can-help-canadian-tech-companies-stretch-their-rd-budgets/) - Once aimed largely at gaming studios, provincial interactive digital media tax credits now reach a much broader range of companies.
- [NorthStar secures $40 million to track space threats for Canada’s air force](https://betakit.com/northstar-secures-40-million-to-track-space-threats-for-canadas-air-force/) - The Montréal-based space tech company plans to go public this fall through a SPAC deal.
- [Realize closes one of Canada’s largest impact funds at $227 million](https://betakit.com/realize-closes-one-of-canadas-largest-impact-funds-at-227-million/) - The Toronto firm raised $142 million from private LPs to complement Ottawa’s anchor commitment.
- [Alberta Innovates invests $14 million to help commercialize local tech](https://betakit.com/alberta-innovates-invests-14-million-to-help-commercialize-local-tech/) - The funding supports projects that will help Albertan startups scale toward commercialization.
- [NordSpace opens new rocket factory headquarters in Markham](https://betakit.com/nordspace-opens-new-rocket-factory-headquarters-in-markham/) - The 60,000-square-foot facility will anchor the aerospace startup’s national footprint.
- [Michael Hyatt-backed BrokerPlus launches to disrupt “antiquated” mortgage industry](https://betakit.com/michael-hyatt-backed-brokerplus-launches-to-disrupt-antiquated-mortgage-industry/) - The co-founder of Surf and his former Boardy colleague want to empower brokers with AI.
- [Q&A: Isabelle Hudon on the next five years for Canada’s largest VC](https://betakit.com/qa-isabelle-hudon-on-the-next-five-years-for-canadas-largest-vc/) - BDC’s CEO talks AI, direct investing, and staff turnover after her mandate was renewed until 2030.
- [Showpass to acquire campus engagement platform Bounce](https://betakit.com/showpass-to-acquire-campus-engagement-platform-bounce/) - The deal will expand Showpass’ presence to more than 70 percent of Canada's top-ranked universities.
- [Cohere sees “huge” inbound after the US blocks Anthropic's latest models](https://betakit.com/cohere-sees-huge-inbound-after-the-us-blocks-anthropics-latest-ai-models/) - The Canadian LLM developer sells itself as a sovereign alternative to US AI providers.
- [Former employee sues BDC Capital for wrongful dismissal ](https://betakit.com/former-employee-sues-bdc-capital-for-wrongful-dismissal/) - The claim alleges a “hostile work environment” and concerns over D-Wave sale.
- [Tailscale updates Aperture to help businesses manage fast-changing AI tools](https://betakit.com/tailscale-updates-aperture-to-help-businesses-manage-fast-changing-ai-tools/) - The Toronto startup is adding new features aimed at shadow AI, corporate data access, and agent controls.
- [Evaluating Canada’s Defence Industrial Strategy](https://betakit.com/evaluating-canadas-defence-industrial-strategy/) - The recently released Defence Industrial Strategy adds clarity to Canada’s defence spending commitments, but not their outcomes.
- [Meet the AI company tracking the foreign actors stoking Alberta separatism](https://betakit.com/meet-the-ai-company-tracking-the-foreign-actors-stoking-alberta-separatism/) - Cipher is using AI to track, monitor, and categorize the disinformation amplifying Canada’s unity crisis.
- [Feds and City of Toronto to establish new sports tech hub at TMU](https://betakit.com/feds-and-city-of-toronto-to-establish-new-sports-tech-hub-at-tmu/) - The Toronto accelerator program is expected to support as many as 60 sports tech startups.
- [OpenText commits to creating 400 jobs in Ireland amid Carney’s state visit](https://betakit.com/opentext-commits-to-creating-400-jobs-in-ireland-amid-carneys-state-visit/) - The Kitchener-Waterloo company says it will double its investment in Ireland as Canada makes AI agreements with the country.
- [Maneva raises $27-million USD Series A to expand AI vision in manufacturing](https://betakit.com/maneva-raises-27-million-usd-series-a-to-expand-ai-vision-in-manufacturing/) - The capital will be used to scale further into North America, expand into Asian markets, and further develop AI agents.
- [Nuvei to buy US payments processor Payoneer for $2.75 billion USD](https://betakit.com/nuvei-to-buy-us-payments-processor-payoneer-for-2-75-billion-usd/) - Montréal-based Nuvei says the combined company will process more than $500 billion in annual payment volume.
- [Tech's World Cup takeover](https://betakit.com/techs-world-cup-takeover/) - Plus: Canada's new FinTech unicorns.
- [1Password acquires Apono to become the “control plane” for businesses using agentic AI](https://betakit.com/1password-acquires-apono-to-become-the-control-pane-for-businesses-using-agentic-ai/) - The Toronto firm says deal aids transition from securing credentials to governing access.
- [Picketa raises $2.1 million to help farmers make the most of their fertilizer ](https://betakit.com/picketa-raises-2-1-million-to-help-farmers-make-the-most-of-their-fertilizer/) - The Fredericton-based AgTech startup can analyze crop health on the spot.
- [Can a saliva test make UFC athletes better fighters? This Canadian startup is betting on it](https://betakit.com/can-a-saliva-test-make-ufc-athletes-better-fighters-this-canadian-startup-is-betting-on-it/) - Ahead of the White House's UFC fight, Kintra is using AI-powered biomarkers to help fighters eke out an edge.
- [Databiomes sets sights on moderating toxic gaming chats with first AI model](https://betakit.com/databiomes-sets-sights-on-moderating-toxic-gaming-chats-with-first-ai-model/) - Since 2024, Databiomes has been working to build AI models capable of running locally on consumer devices, without the need for GPUs or cloud inference.
- [US foreign access ban on Anthropic models puts control over AI in the spotlight](https://betakit.com/us-foreign-access-ban-on-anthropic-models-puts-control-over-ai-in-the-spotlight/) - The US government’s decision to suspend all access to Anthropic’s latest Mythos and Fable models for foreign nationals has sent shockwaves through tech.
- [Ubisoft closes Winnipeg office, laying off another 65 staff](https://betakit.com/ubisoft-closes-winnipeg-office-laying-off-another-65-staff/) - French game developer continues cost-cutting measures just months after closing Halifax office.
- [Osler Deal Points Report finds Canada’s venture recovery was uneven in 2025](https://betakit.com/osler-deal-points-report-finds-canadas-venture-recovery-was-uneven-in-2025/) - Osler’s Calvin Leung and Justin Young unpack the financing trends founders should watch in 2026.
- [MDA Space, Calian, and Kepler tapped to lay groundwork for Canada’s next-gen satellite system](https://betakit.com/mda-space-calian-and-kepler-tapped-to-lay-groundwork-for-canadas-next-gen-satellite-system/) - The three companies have been awarded a total of $2.4 million to develop the ground systems behind RADARSAT+.
- [Ottawa introduces bill to ban social media for kids under 16](https://betakit.com/ottawa-introduces-bill-to-ban-social-media-for-kids-under-16/) - Draft legislation would create new regulator to govern online safety.
- [Koho becomes Canada’s latest unicorn following $130-million Series E round](https://betakit.com/koho-becomes-canadas-latest-unicorn-following-130-million-series-e-round/) - The FinTech firm has passed 2.5 million users as it navigates the “final stages” of acquiring a banking licence.
- [Ballooning AI costs have Canadian startups weighing alternatives](https://betakit.com/ballooning-ai-costs-have-canadian-startups-weighing-alternatives/) - Canadian startup leaders brace for more price increases to the models they rely on.
- [Elon Musk’s X continues to violate Canadian privacy law with Grok deepfakes, watchdog finds](https://betakit.com/elon-musks-x-violated-canadian-privacy-law-with-grok-deepfakes-watchdog-finds/) - X and xAI will submit quarterly reports and third-party audits to the OPC until the issue is resolved.
- [Sentinel R&D at centre of Russian accusations that Canada is a "warmonger"](https://betakit.com/sentinel-rd-at-centre-of-russian-accusations-that-canada-is-a-warmonger/) - The comments follow a recent deal between the Hamilton-based drone company and Ukraine’s Airlogix.
- [Nesto secures nearly $1.5-billion valuation in new Series E round](https://betakit.com/nesto-secures-nearly-1-5-billion-valuation-in-new-series-e-round/) - The Montréal-based digital mortgage lender wants to speed up approvals using AI.
- [AI rollup company Beacon closes $225-million USD Series C round](https://betakit.com/ai-rollup-company-beacon-closes-225-million-series-c-round/) - The Toronto holding firm is fuelling up to continue its software acquisition spree.
- [Canada’s AI minister says he’s more worried about creating unicorns than monopolies](https://betakit.com/canadas-ai-minister-says-hes-more-worried-about-creating-unicorns-than-monopolies/) - Speaking at BetaKit’s Most Ambitious: Town Hall, Evan Solomon said he wants to reward companies taking risks.
- [The women most at risk from AI aren't in the rooms designing it](https://betakit.com/the-women-most-at-risk-from-ai-arent-in-the-rooms-designing-it/) - April Hicke writes that Canada is building its AI economy on a foundation that excludes some of its workforce.
- [Canada’s AI regulation will be “airtight” on bias, racism, and hate, Solomon says](https://betakit.com/canadas-ai-regulation-will-be-airtight-on-bias-racism-and-hate-solomon-says/) - At a QueerTech breakfast, Canada's AI minister says the feds will regulate lightly where innovation is needed and tightly where harms emerge.
- [AI ethical concerns roughly as important to Canadians as economic growth, analysis shows](https://betakit.com/canada-ai-consultation-analysis/) - We analyzed the more than 11,300 public comments informing feds’ AI strategy.
- [AI strategy pillars, new SMB procurement program revealed in Canada's Spring Economic Update](https://betakit.com/canadian-spring-economic-update-2026/) - While the new National AI Strategy is yet to be revealed, the Spring Economic Update outlined for the first time the six pillars that will inform the strategy.
- [Leaked draft of Canada’s AI strategy reportedly reveals plans for tech growth fund](https://betakit.com/leaked-draft-of-canadas-ai-strategy-reportedly-reveals-plans-for-tech-growth-fund/) - The draft policy also promises more funding for AI Compute Access Fund and a national network of AI institutes.
- [Canada’s new AI strategy is off to a bad start](https://betakit.com/canadas-new-ai-strategy-is-off-to-a-bad-start/) - Canadians already have low trust in AI. Exclusionary and unclear public engagement methods aren’t helping.
- [Ottawa releases findings from AI task force and public consultation](https://betakit.com/ottawa-releases-findings-from-ai-task-force-and-public-consultation/) - The government used AI to parse more than 11,000 submissions that will inform Canada’s new AI strategy.
- [We read every submission from Canada’s AI task force: here’s what they said](https://betakit.com/we-read-every-submission-from-canadas-ai-task-force-heres-what-they-said/) - Nearly 350 pages of recommendations sketch a fractured but urgent road map for Canada’s AI future.
- [An insider’s take on Canada’s AI task force report](https://betakit.com/an-insiders-take-on-canadas-ai-task-force-report/) - Former ISED senior policy advisor Jaxson Khan helps parse how recent public consultations might inform Canada's AI future.
- [Canada’s AI strategy draws mixed reviews from across tech ecosystem](https://betakit.com/canadas-ai-strategy-draws-mixed-reviews-from-across-the-tech-ecosystem/) - Viewpoints differ, but experts aligned that strategy needs clearer timelines and greater detail.
- [Canada’s AI strategy looks to shift government from startup supporter to stakeholder](https://betakit.com/canadas-ai-strategy-looks-to-shift-government-from-startup-supporter-to-stakeholder/) - The new, $500-million fund will take equity stakes in promising Canadian AI firms. A potential reinvestment mechanism could spur more private investors to follow.
- [Canada’s AI strategy promises to protect citizens. Critics say it still lacks teeth](https://betakit.com/canadas-ai-strategy-promises-to-protect-citizens-critics-say-it-still-lacks-teeth/) - Prime Minister Mark Carney says legislation around protecting children will come in the next few weeks.
- [Is Canada’s AI strategy a plan of action?](https://betakit.com/is-canadas-ai-strategy-a-plan-of-action/) - Plus: Waabi's Raquel Urtasun explains the coming Physical AI revolution.
- [Montréal innovation hub Ax.c secures renewed funding and DMZ partnership](https://betakit.com/montreal-innovation-hub-ax-c-secures-renewed-funding-and-dmz-partnership/) - The government-backed hub hosted more than 250 events in its first year of operation.
- [General Fusion and Eavor take top spots on Time Magazine cleantech list](https://betakit.com/general-fusion-and-eavor-take-top-spots-on-time-magazine-cleantech-list/) - Five Canadian companies are ranked among 250 of the world’s “top-performing” cleantech companies.
- [Kathairos hits million-tonne milestone for CO2 reduction at oil and gas sites](https://betakit.com/kathairos-hits-million-tonne-milestone-for-co2-reduction-at-oil-and-gas-sites/) - The Calgary-based company replaces methane-rich natural gas with liquid nitrogen to reduce emissions.
- [Why scaling requires more than speed](https://betakit.com/why-scaling-requires-more-than-speed/) - IDEA Mississauga’s Step-Up Program works to help founders past early traction build the strategy and systems that successful growth demands.
- [Edmonton Unlimited showcase broadens investment horizons for deep tech founders](https://betakit.com/edmonton-unlimited-showcase-broadens-investment-horizons-for-deep-tech-founders/) - The event will inform future deep tech-focused programming at the innovation hub.
- [Clio acquires fellow Canadian legaltech firm Jurisage](https://betakit.com/clio-acquires-fellow-canadian-legaltech-firm-jurisage/) - The deal gives Clio the legal database it needs to advance its AI roadmap on its home turf.
- [New lawsuit accuses UniUni of sabotaging rival’s deliveries after lost contract](https://betakit.com/new-lawsuit-accuses-uniuni-of-sabotaging-rivals-deliveries-after-lost-contract/) - The Richmond, BC-based last-mile delivery company denies the allegations as it prepares to go public in a SPAC deal.
- [Coinbase Canada appoints Eric Richmond as new CEO](https://betakit.com/coinbase-canada-appoints-eric-richmond-as-new-ceo/) - The company's former leader, Lucas Matheson, left the crypto exchange in December to join Opendoor.
- [NORAM Electrolysis Systems nabs $5.6 million to scale up lithium refining](https://betakit.com/noram-electrolysis-systems-nabs-5-6-million-to-scale-up-lithium-refining/) - The funding will support the development of the Vancouver-based company's next-generation electrochemical lithium refining platform.
- [Cohere signs exploratory AI agreement with Québec government](https://betakit.com/cohere-signs-exploratory-ai-agreement-with-quebec-government/) - The MOU tasks the Toronto AI company with exploring AI use in the province’s public service.
- [Waive Medical targets US expansion after graduating Google for Startups](https://betakit.com/waive-medical-targets-us-expansion-after-graduating-google-for-startups/) - The healthtech company is the first and only Google for Startups graduate based in Sudbury.
- [DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem](https://betakit.com/databraid-secures-1-9-million-usd-to-solve-insurance-brokers-portal-hopping-problem/) - The brainchild of Koru Ventures and Scoop Insurance aims to solve the what it calls the "quiet inefficiency" eating away at brokers’ margins.
- [Inside the GTA facility housing one of Canada’s most powerful supercomputers](https://betakit.com/inside-the-gta-facility-housing-one-of-canadas-most-powerful-supercomputers/) - Code-named Trillium, the computer helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
- [BDC extends Isabelle Hudon's mandate as CEO through 2030](https://betakit.com/bdc-extends-isabelle-hudons-mandate-as-ceo-through-2030/) - The crown corporation’s board chair says Hudon will help shape its next five-year strategy.
- [Canadian B2B software firms are falling behind in agentic AI: report](https://betakit.com/canadian-b2b-software-firms-are-falling-behind-in-agentic-ai-report/) - A new survey from Georgian shows that domestic companies lag behind their international peers in “foundational” AI adoption.
- [SR&ED season is here. How to claim the hours you actually worked](https://betakit.com/sred-season-is-here-how-to-claim-the-hours-you-actually-worked/) - Canada’s biggest R&D tax credit comes down to producing a clear record of work. New approaches are making that proof part of the process.
- [Clio expands into the US with New York headquarters](https://betakit.com/clio-expands-into-the-us-with-new-york-headquarters/) - The expansion is the Vancouver-based company’s first dedicated US office, and its tenth globally.
- [Deep Sky announces carbon capture agreement with TD Bank](https://betakit.com/deep-sky-announces-carbon-capture-agreement-with-td-bank/) - The ten-year deal will see TD use Deep Sky’s carbon credits to offset residual emissions.
- [Public buying is a hidden growth engine. It’s time for Canada to use it strategically](https://betakit.com/public-buying-is-a-hidden-growth-engine-its-time-for-canada-to-use-it-strategically/) - The CCI's Laurent Carbonneau writes that Canada needs to reward investments in R&D and IP.
- [Inovia promotes Mia Morisset to partner on growth team](https://betakit.com/inovia-promotes-mia-morisset-to-partner-on-growth-team/) - The Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.
- [Q&A: OpenCode’s founder on how the AI agent went from zero to 8 million users in a year](https://betakit.com/qa-opencodes-founder-on-how-the-ai-agent-went-from-zero-to-8-million-users-in-a-year/) - Jay V talks key growth decisions and agentic AI’s next wave of adoption.
- [Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations](https://betakit.com/canadas-ai-strategy-contains-2-3-billion-in-spending-few-details-on-new-privacy-regulations/) - The delayed strategy promises a plan to encourage Canadians to reinvest their tech investment gains in AI startups.
- [Pricepoint closes $6.6-million CAD seed round for AI hospitality platform](https://betakit.com/pricepoint-closes-6-6-million-cad-seed-round-for-ai-hospitality-platform/) - Following new seed funding, Pricepoint's all-Québec cap table includes VC firms Brightspark Ventures, Boreal Ventures, and AQC Capital.
- [Linux Association of Canada launches national open-source library](https://betakit.com/linux-association-of-canada-launches-national-open-source-library/) - The library hopes to provide access to open-source software developed mainly in Canada.
- [Wealthsimple to offer early access to IPO trading](https://betakit.com/wealthsimple-to-offer-early-access-to-ipo-trading/) - Upcoming IPOs for SpaceX and Anthropic are boosting demand.
- [Scispot closes $8-million USD Series A to become the operating layer for life sciences labs](https://betakit.com/scispot-closes-8-million-usd-series-a-to-become-the-operating-layer-for-life-sciences-labs/) - The Singh brothers aim to provide the infrastructure to power self-driving labs.
- [Cohere says it is not working with Palantir](https://betakit.com/cohere-says-it-is-not-working-with-palantir/) - The Toronto AI company says it has no relationship with the US firm, following reports of a partnership.
- [AI sovereignty & defence tech at BetaKit Most Ambitious: Town Hall](https://betakit.com/ai-sovereignty-defence-tech-at-betakit-most-ambitious-town-hall/) - AI Minister Evan Solomon and defence tech leaders from Xanadu, Dominion Dynamics, and Sentinel R&D got candid at BetaKit Most Ambitious: Town Hall.
- [Calgary’s SensorUp closes growth financing led by Pender Ventures](https://betakit.com/calgarys-sensorup-closes-growth-financing-led-by-pender-ventures/) - Financing will go toward scaling SensorUP’s agentic operations platform.
- [Shopify ups share buyback program as activist investors question AI policies](https://betakit.com/shopify-ups-share-buyback-program-as-activist-investors-question-ai-policies/) - The Canadian e-commerce giant’s stock price is down nearly 27 percent since the beginning of the year.
- [Q&A: Why cleantech might not be as clean as it seems](https://betakit.com/qa-why-cleantech-might-not-be-as-clean-as-it-seems/) - Journalist and author Vince Beiser on the environmental challenges facing the race for critical minerals.
- [Montréal research hospital opens new healthtech innovation hub](https://betakit.com/montreal-research-hospital-opens-new-healthtech-innovation-hub/) - The MUHC has opened an innovation hub to reduce the gap between lab discovery and patient care.
- [Mecka AI announces $60 million USD to power physical AI](https://betakit.com/mecka-ai-announces-60-million-usd-to-power-physical-ai/) - Mecka AI, which aims to train robots with human data sourced from body sensors and iPhones, revealed Monday that it has raised $60 million USD in funding.
- [Stablecoins will eventually “leapfrog” real-time rail payments, finance leaders say](https://betakit.com/stablecoins-will-eventually-leapfrog-real-time-rail-payments-finance-leaders-say/) - Panelists discussing “the battle of the rails” at the 2026 Canadian Finance Summit agree that stablecoins present better value than RTR payments.
- [Robinhood officially enters Canada, following WonderFi acquisition](https://betakit.com/robinhood-officially-enters-canada-following-wonderfi-acquisition/) - WonderFi’s president and CEO departed following the close of the deal.
- [Version One Ventures raises $108 million USD across two new funds](https://betakit.com/version-one-ventures-raises-108-million-usd-across-two-new-funds/) - The early-stage investor has closed $78-million USD for its fifth Version One Fund, and $30-million USD for its third Opportunities Fund.
- [AI could democratize access to expert coaching, sports tech entrepreneurs say](https://betakit.com/ai-could-democratize-access-to-expert-coaching-sports-tech-entrepreneurs-say/) - Industry leaders see AI as a “complementary piece” of the puzzle alongside actual coaches.
- [The future of driving has already hit Canadian roads](https://betakit.com/the-future-of-driving-has-already-hit-canadian-roads/) - With over 50 patents to his name, GM Canada’s Reza Zarringhalam is shaping the global future of autonomous driving from Ontario.
- [Why regulatory rigour is becoming a competitive edge in clinical AI](https://betakit.com/why-regulatory-rigour-is-becoming-a-competitive-edge-in-clinical-ai/) - AI may promise less paperwork and faster workflows, but healthcare organizations want clearer answers about privacy, reliability, and accountability.
- [Spotlighting Canada’s Most Ambitious](https://betakit.com/spotlighting-canadas-most-ambitious/) - Plus: Feds considering Bill C-22 amendments.
- [Canada’s Bill C-22 creates a blueprint for surveillance](https://betakit.com/canadas-bill-c-22-creates-a-blueprint-for-surveillance/) - VPN service provider Windscribe says even with amendments, proposed legislation weakens user privacy.
- [Raquel Urtasun wants Canada to go "all in" on physical AI](https://betakit.com/raquel-urtasun-wants-canada-to-go-all-in-on-physical-ai/) - The Waabi founder said at BetaKit’s Most Ambitious: Town Hall that the physical AI revolution is happening now, and Canada could lead it.
- [Jim Balsillie says Canada must put forward economic policy for the 21st century](https://betakit.com/jim-balsillie-says-canada-must-put-forward-policy-for-the-21st-century/) - The CCI chair spoke on taking lessons from US economic policy during BetaKit’s Most Ambitious: Town Hall.
- [Eliot Pence: Canada’s defence buying timelines are “irrelevant” for modern warfare](https://betakit.com/eliot-pence-canadas-defence-buying-timelines-are-irrelevant-for-modern-warfare/) - At BetaKit’s Most Ambitious: Town Hall, the Dominion Dynamics CEO said procurement must move in weeks and months, not decades.
- [At Most Ambitious: Town Hall, Canadian tech’s future came into sharper focus](https://betakit.com/at-most-ambitious-town-hall-canadian-techs-future-came-into-sharper-focus/) - Canada’s AI minister, leaders of Waabi and Xanadu spoke to a sold-out crowd at BetaKit’s Toronto Tech Week kickoff event.
- [How Toronto Pearson is turning Canada's busiest airport into a proving ground for innovation](https://betakit.com/how-toronto-pearson-is-turning-canadas-busiest-airport-into-a-proving-ground-for-innovation/) - Pearson is looking to Canadian startups to procure digital systems that reshape how passengers, baggage, and aircraft move from curb to gate.
- [Ontario universities’ report says schools must help students use AI properly](https://betakit.com/ontario-universities-report-says-schools-must-help-students-use-ai-properly/) - Post-secondary institutions need more money and expertise to deal with the AI shift, the Council of Ontario Universities says.
- [Questrade’s Salim Naran doesn’t understand why more people aren’t using AI for personal finance](https://betakit.com/questrades-salim-naran-doesnt-understand-why-more-people-arent-using-ai-for-personal-finance/) - At Toronto Tech Week, Naran said the uptake of AI tools for financial management is “surprisingly low.”
- [Sentinel inks partnership to supply drones to Ukraine](https://betakit.com/sentinel-inks-partnership-to-supply-drones-to-ukraine/) - The Ontario-based manufacturer will partner with Kyiv’s Airlogix in a deal supported by the Canadian and Ukrainian governments.
- [How Aurmada threads the needle of fashion and defence tech](https://betakit.com/how-aurmada-threads-the-needle-of-fashion-and-defence-tech/) - The Toronto startup is developing kevlar base layers and sensor-equipped garments for soldiers and everyday consumers.
- [Award-winning author Ken Liu is not afraid of AI slop](https://betakit.com/award-winning-author-ken-liu-is-not-afraid-of-ai-slop/) - Liu is fine with AI coding, but finds the notion of it writing stories for him “revolting.”
- [Quantum chemistry for drug discovery still hasn’t had its “ChatGPT moment,” biotech founder says](https://betakit.com/quantum-computing-for-drug-discovery-still-hasnt-had-its-chatgpt-moment-biotech-founder-says/) - ProteinQure’s co-founder argues “messy biology experiments” are still the bottleneck.
- [Defence tech founders are frustrated with Canada’s approach to “dual-use”](https://betakit.com/defence-tech-founders-are-frustrated-with-canadas-approach-to-dual-use/) - At the Arctic Edge conference during Toronto Tech Week, VCs offered a mea culpa while outlining why dual-use tech is here to stay.
- [Arteria AI CEO Shelby Austin is wary of Canada naming national tech champions](https://betakit.com/arteria-ai-ceo-shelby-austin-is-wary-of-canada-naming-national-tech-champions/) - The feds have indicated they intend to name and build up tech champions. Arteria AI’s Shelby Austin worries about what that approach could leave on the table.
- [Uber’s president doesn’t know what the company’s 10.5 million drivers will be doing in 15 years](https://betakit.com/ubers-president-doesnt-know-what-the-companys-10-5-million-drivers-will-be-doing-in-15-years/) - Andrew Macdonald tells Toronto Tech Week’s Homecoming that the gig app’s labour pool may soon start to shrink.
- [Canada’s quantum Cassandra is finally heard ](https://betakit.com/canadas-quantum-cassandra-is-finally-heard/) - Turing Award winner Gilles Brassard has spent decades warning about the threat posed by powerful quantum encryption.
- [Canada’s AI champion Cohere is standing up the load-bearing walls of our economy](https://betakit.com/canadas-ai-champion-cohere-is-standing-up-the-load-bearing-walls-of-our-economy/) - The Toronto AI firm says that these days, the Canadian flag is a good brand.
- [Q&A: Erin O’Toole says Canada needs to play catch-up on defence innovation](https://betakit.com/qa-erin-otoole-says-canada-needs-to-play-catch-up-on-defence-innovation/) - Erin O’Toole wants Canadian innovators to seize the moment before it’s gone.
- [At Olds College Smart Farm, everything is new](https://betakit.com/at-olds-college-smart-farm-everything-is-new/) - This Alberta post-secondary is a pipeline for Canadian AgTech innovation.
- [Q&A: Feeding the world from Canada](https://betakit.com/qa-feeding-the-world-from-canada/) - Justine Hendricks on Canada’s “generational opportunity” to elevate its food production with innovation.
- [Canadian startups face a home-market adoption problem, CentML co-founder says](https://betakit.com/canadian-startups-face-a-home-market-adoption-problem-centml-co-founder-says/) - Before it sold to Nvidia, Toronto AI startup struggled to find local adopters willing to take a risk.
- [Government considering amendments to Bill C-22 amid backlash from tech, civil liberties groups](https://betakit.com/government-considering-amendments-to-bill-c-22-amid-backlash-from-tech-civil-liberties-groups/) - A government spokesperson says the legislation will still require companies to retain metadata from users.
- [Canada’s forthcoming AI strategy aims to stop IP and value from leaving the country, parliamentary secretary says](https://betakit.com/canadas-forthcoming-ai-strategy-aims-to-stop-ip-and-value-from-leaving-the-country-parliamentary-secretary-says/) - Prime Minister Carney has confirmed that the long-delayed strategy will be released next week.
- [Purpose CEO Som Seif says “self-centred” finance industry is killing competition](https://betakit.com/purpose-ceo-som-seif-says-self-centred-finance-industry-is-killing-competition/) - Amidst a battle with the Ontario Securities Commission, Seif claims that incumbents wield the regulated nature of the financial industry against change.
- [Investor burn books and FaceTiming Serena Williams: three founder fundraising stories from Homecoming](https://betakit.com/from-an-investor-burn-book-to-facetiming-serena-williams-three-founders-share-their-fundraising-stories/) - CEOs of Float, Neo Financial, and Rebel told Homecoming attendees how they courted investors.
- [Saris raises $28.8-million USD Series A to automate banks’ back offices](https://betakit.com/saris-raises-28-8-million-usd-series-a-to-automate-banks-back-offices/) - The Canadian founders of YC-backed Oohlala Mobile have returned with a new startup.
- [Databricks and Ada execs on what’s fuelling the Gen Z AI backlash](https://betakit.com/databricks-and-ada-execs-on-whats-fuelling-the-gen-z-ai-backlash/) - Reynold Xin and Mike Murchison say there is space for students to reframe their relationship to AI.
- [Why Shopify’s CEO thinks the one-person company is “bullshit”](https://betakit.com/why-shopifys-ceo-thinks-the-one-person-company-is-bullshit/) - But, as Tobi Lütke said at Toronto Tech Week’s Homecoming event, those companies could still make a billion dollars.
- [Cohere’s Nick Frosst thinks Canadian energy can be “100 percent” renewables](https://betakit.com/coheres-nick-frosst-thinks-canadian-energy-can-be-100-percent-renewables/) - Growing Canada’s domestic capacity was a focus of Homecoming’s sovereignty-themed panel.
- [“Not a blip”: AI was Canada’s venture market mover in 2025](https://betakit.com/not-a-blip-ai-was-canadas-venture-market-mover-in-2025/) - Osler Deal Points Report found that AI captured 54 cents of every Canadian venture dollar last year.
- [Lastwall raises $16 million to defend critical infrastructure in cyberspace](https://betakit.com/lastwall-raises-16-million-to-defend-critical-infrastructure-in-cyberspace/) - The CEO of the Fredericton-based cybersecurity startup says modern cyber warfare involves targets that were once considered off limits.
- [WonderFi clears final regulatory hurdle to be acquired by Robinhood](https://betakit.com/wonderfi-clears-final-regulatory-hurdle-to-be-acquired-by-robinhood/) - More than a year after inking the deal, it’s finally slated to close on June 1.
- [Nasdaq spinoff sues Hiive for patent infringement](https://betakit.com/nasdaq-spinoff-sues-hiive-for-patent-infringement/) - Nasdaq Private Market says Hiive violated its patent for its secondary sale settlement and clearance program.
- [The next-generation software powering GM’s vehicles is being built in the GTA](https://betakit.com/the-next-generation-software-powering-gms-vehicles-is-being-built-in-the-gta/) - Senior Manager Regan Dixon explains how General Motors built the largest automotive engineering centre in Canada.
- [At Upper Bound, AI experts debate what it means to be a person](https://betakit.com/at-upper-bound-ai-experts-debate-what-it-means-to-be-a-person/) - Richard Sutton says machines aren’t persons yet, but will be someday.
- [Cold front](https://betakit.com/cold-front/) - BetaKit Most Ambitious 2026: Dominion Dynamics aims to become Canada’s first line of defence in the Arctic.
- [There is no sovereignty without technology](https://betakit.com/there-is-no-sovereignty-without-technology/) - Plus: Bill C-22 threatens to drive tech firms out of Canada.
- [Canada's early-stage investment gap "now a sovereignty issue," BDC says](https://betakit.com/canadas-early-stage-investment-gap-now-a-sovereignty-issue-bdc-says/) - A new BDC report says that more than 80 percent of late-stage VC deals come via foreign capital.
- [Canada’s moment to build](https://betakit.com/canadas-moment-to-build/) - BetaKit Most Ambitious 2026 spotlight nearly 100 innovators with the ambition to strengthen Canada’s autonomy, security, and prosperity.
- [Peripheral establishes first biomechanics basketball shooting lab in Toronto](https://betakit.com/peripheral-establishes-first-biomechanics-basketball-shooting-lab-in-toronto/) - University of Toronto robotics grads and ex-racecar builders return to apply self-driving tech to sports.
- [How Toronto Tech Week became Canada’s largest grassroots tech event](https://betakit.com/how-toronto-tech-week-became-canadas-largest-grassroots-tech-event/) - Co-directors Julia Konefal and Mell Truong explain how TTW went from experiment to 600 events in just two years.
- [From the ashes of Ubisoft Halifax, an indie studio rises to revive Atlantic Canada’s gaming industry](https://betakit.com/from-the-ashes-of-ubisoft-halifax-an-indie-studio-rises-to-revive-atlantic-canadas-gaming-industry/) - Besszong is figuring out the mechanics of its debut game, and how to run a studio with no money.
- [Cohere releases its most powerful AI model as open source](https://betakit.com/cohere-releases-its-most-powerful-ai-model-as-open-source/) - As open-source AI becomes concentrated in China, Cohere says it wants to provide a secure alternative.
- [The "Internet of Bodies" is here, and your body could be hacked](https://betakit.com/the-internet-of-bodies-is-here-and-your-body-could-be-hacked/) - It’s not just cyberpunk sci-fi; online prostheses create new opportunities, but also risks.
- [Harjit Sajjan reports for duty](https://betakit.com/harjit-sajjan-reports-for-duty/) - After decades in public service roles, former Minister of Defence Harjit Sajjan is now a defence-tech entrepreneur with Vancouver-based Juno Industries.
- [Canadian angel investment falls to five-year low, but women investors gain ground](https://betakit.com/canadian-angel-investment-falls-to-five-year-low-but-women-investors-gain-ground/) - NACO says women now represent 40 percent of members in participating Canadian angel networks.
- [Historic Marconi name returns as Canadian investors launch defence tech firm](https://betakit.com/historic-marconi-name-returns-as-canadian-investors-launch-defence-prime/) - Former National Bank CEO Louis Vachon is chairing the new company, which hopes to capitalize on a wave of federal defence spending.
- [Wealthsimple unveils new family and business products as it broadens banking push](https://betakit.com/wealthsimple-unveils-new-family-and-business-products-as-it-broadens-banking-push/) - At Wealthsimple Presents, company says it wants to be the platform for your entire financial life.
- [Canada injects millions into AI research program amid “global war” for talent](https://betakit.com/canada-injects-millions-into-ai-research-program-amid-global-war-for-talent/) - A $24-million investment will support 20 new appointees to CIFAR’s AI Chair program.
- [Kritik is equipping profs for the AI “arms race” coming to classrooms](https://betakit.com/kritik-is-equipping-profs-for-the-ai-arms-race-coming-to-classrooms/) - Ex-Top Hat founder’s edtech startup sells peer-grading and AI software to university professors
- [Intuit lays off 17 percent of its global workforce](https://betakit.com/intuit-lays-off-17-percent-of-its-global-workforce/) - TurboTax's parent company is putting its resources behind “big bets” that come with a strategic AI focus.
- [BEA wants to help co-founders LiinkUP at Toronto Tech Week](https://betakit.com/bea-wants-to-help-co-founders-liinkup-at-toronto-tech-week/) - Co-Founder Connect lands in Toronto on May 28 to help engineer the perfect founder pairings.
- [Xanadu strikes deal to raise up to $300 million USD](https://betakit.com/xanadu-strikes-deal-to-raise-up-to-300-million-usd/) - The Toronto firm announced the deal on the same day it claimed a quantum breakthrough.
- [Lightspeed completes year one of transformation plan with revenue beat, earnings miss](https://betakit.com/lightspeed-beats-revenue-projections-but-falls-short-on-earnings-expectations-in-fiscal-q4/) - The retail tech firm focuses on key markets with its share price down 20 percent on the year.
- [Quantum Bridge raises $8 million USD to prepare for “Q-Day”](https://betakit.com/quantum-bridge-raises-8-million-usd-to-prepare-for-q-day/) - The Series A funding will help the U of T spinout scale its Q-Day-ready encryption method.
- [Angel Investors Ontario joins CSCA as it makes new pitch for government funding](https://betakit.com/angel-investors-ontario-joins-csca-as-it-makes-new-pitch-for-government-funding/) - With its future still uncertain, AIO hopes the CSCA will help advance its mission nationally.
- [Relay secures $50 million USD to bring more small businesses to its banking platform](https://betakit.com/relay-secures-50m-usd-to-bring-more-small-businesses-to-its-banking-platform/) - The Toronto FinTech firm says it wants to build a “financial command centre” for self-made small businesses.
- [UniUni to reportedly go public on TSX in $1-billion USD SPAC deal](https://betakit.com/uniuni-to-reportedly-go-public-on-tsx-in-1-billion-usd-spac-deal/) - The BC-based last-mile delivery firm says it could pass $1 billion USD in sales, and achieve profitability, this year.
- [N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”](https://betakit.com/n49ps-25-million-usd-first-close-for-fund-iv-will-help-it-hunt-more-diamonds-in-the-rough/) - The Toronto VC firm aims to raise $70 million to invest in more nascent tech startups.
- [Alberta partners with Amii to establish Health Innovation Lab](https://betakit.com/alberta-partners-with-amii-to-establish-health-innovation-lab/) - The lab will focus on integrating AI into the province's healthcare development.
- [Trane and BrainBox AI open Montréal lab to cut energy waste in buildings](https://betakit.com/trane-and-brainbox-ai-open-montreal-lab-to-cut-energy-waste-in-buildings/) - The companies say the emissions cut from AI systems will offset the enviornmental cost of running AI.
- [Digital surveillance Bill C-22 threatens to drive tech firms out of Canada](https://betakit.com/digital-surveillance-bill-c-22-threatens-to-drive-tech-firms-out-of-canada/) - A growing number of tech leaders and privacy experts are expressing concerns over the so-called “lawful access” legislation.
- [Sagard spins up new $150-million USD AI fund](https://betakit.com/sagard-spins-up-new-150-million-usd-ai-fund/) - The new fund will target companies helping accelerate AI adoption in financial services and other sectors across the globe.
- [Inside ventureLAB’s bid to bring AI to Ontario’s critical industries](https://betakit.com/inside-venturelabs-bid-to-bring-ai-to-ontarios-critical-industries/) - The Critical Industrial Technologies initiative helps Ontario’s SMEs move from working pilot to working business.
- [OpenAI partners with 1Password to secure coding agent Codex](https://betakit.com/openai-partners-with-1password-to-secure-coding-agent-codex/) - Toronto-based 1Password has expanded its work with OpenAI in an attempt to help businesses deploy autonomous AI agents to securely build products.
- [PrairiesCan reveals $6.8 million in AI support funding at Upper Bound](https://betakit.com/prairiescan-reveals-6-8-million-in-ai-support-funding-at-upper-bound/) - Edmonton’s largest AI conference celebrates its fifth anniversary this year.
- [Quantum startup Nord Quantique secures $1.4-billion USD valuation](https://betakit.com/quantum-startup-nord-quantique-secures-1-4-billion-usd-valuation/) - The Québec-based company is one of Canada’s leaders in quantum computing.
- [Goldman Sachs to acquire Canadian data centre platform QScale](https://betakit.com/goldman-sachs-to-acquire-canadian-data-centre-platform-qscale/) - The deal marks second time in recent months a US firm has made a Canadian data centre-related acquisition.
- [How to take AI from demo to real-world deployment](https://betakit.com/how-to-take-ai-from-demo-to-real-world-deployment/) - Why strong AI prototypes stall and what it takes to turn them into systems people can trust.
- [Cohere acquires second company with German ties in Reliant AI](https://betakit.com/cohere-acquires-second-company-with-german-ties-in-reliant-ai/) - The acquisition is intended to accelerate Cohere's entry into the healthcare sector.
- [Canadian-founded Opennote acquired by San Francisco-based Reducto](https://betakit.com/canadian-founded-opennote-acquired-by-san-francisco-based-reducto/) - Reducto says it will bring on the Y Combinator alum’s entire team.
- [Web Summit Vancouver opens with tech’s biggest question: who owns the future?](https://betakit.com/web-summit-vancouver-opens-with-techs-biggest-question-who-owns-the-future/) - The conference's opening night featured questions over the AI revolution, Canadian sovereignty, and the rules shaping what comes next.
- [Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report](https://betakit.com/xanadus-inaugural-earnings-miss-with-greater-net-loss-than-expected-but-fourfold-revenue-growth/) - The company is eyeing the “big prize” of a Toronto-based quantum data centre by 2029.
- [SaaSpocalypse now? These founders don’t think so.](https://betakit.com/saaspocalypse-now-these-founders-dont-think-so/) - At Web Summit Vancouver, founders see the future of SaaS as embracing agentic AI, rather than being destroyed by it.
- [Ex-Google DeepMind leaders bring Reliant AI out of stealth with $15.4-million CAD seed round](https://betakit.com/ex-google-deepmind-leaders-bring-reliant-ai-out-of-stealth-with-15-4-million-cad-seed-round/) - Reliant AI has officially launched out of stealth and announced it has raised $15.4 million CAD ($11.3 million USD) in seed funding.
- [Nuclear fusion powerplant could be running by 2035, General Fusion CEO says](https://betakit.com/nuclear-fusion-powerplant-could-be-running-by-2035-general-fusion-ceo-says/) - The nuclear fusion company isn’t worried about going public as a pre-revenue company
- [Feds back new group embedding graduate researchers with Canadian companies](https://betakit.com/feds-back-new-group-embedding-graduate-researchers-with-canadian-companies/) - Talent Innovation Canada will work with firms to identify R&D challenges, then find grads who can solve the problem.
- [How Alberta solved its nurse licence bottleneck with homegrown tech](https://betakit.com/how-alberta-solved-its-nurse-licence-bottleneck-with-homegrown-tech/) - Punchcard Systems is helping to cut public sector red tape.
- [Ian Crosby is back with a new accounting startup for the agentic AI era](https://betakit.com/ian-crosby-is-back-with-a-new-accounting-startup-for-the-agentic-ai-era/) - The Canadian founder behind Bench and Teal has raised $10 million USD for his San Francisco-based startup Synthetic.
- [CMC Microsystems picks 11 winners for $10.7-million edge computing challenge](https://betakit.com/cmc-microsystems-picks-11-winners-for-10-7-million-edge-computing-challenge/) - The funding comes through CMC's FABrIC network, which aims to grow Canada’s advanced semiconductor design and manufacturing capabilities.
- [Inside the Calgary medtech company born from one man’s determination to treat his own son](https://betakit.com/inside-the-calgary-medtech-company-borne-from-one-mans-determination-to-treat-his-own-son/) - Saving Adam was the first mission. Selling the science is the next.
- [Telecom software startup Gaiia secures $40-million USD Series B round](https://betakit.com/telecom-software-startup-gaiia-secures-40-million-usd-series-b-round/) - The Québec City spin-out of Oxio sells software for challenger telecoms.
- [Clio tops $500 million USD in ARR as AI reshapes the legal market](https://betakit.com/clio-tops-500-million-usd-in-arr-as-ai-reshapes-the-legal-market/) - CEO Jack Newton sounds off on revenue inflation and weathering the SaaSpocalypse.
- [Shopify CEO says Canada must overcome “go-for-bronze” culture at BetaKit Town Hall](https://betakit.com/shopify-ceo-says-canada-must-overcome-go-for-bronze-culture-at-betakit-town-hall/) - Addressing a crowd of 500 members of Canadian tech during the BetaKit Town Hall the CEO of Shopify said the country suffers from a “go-for-bronze” culture.
- [Top Down closes VC fund aimed at “invisible infrastructure” of the global economy](https://betakit.com/top-down-closes-vc-fund-aimed-at-invisible-infrastructure-of-the-global-economy/) - The Vancouver firm has beaten its $25-million USD target for a fund backing early-stage MSP software and AI startups.
- [Canadian VC sees lowest quarterly deal count in nearly a decade](https://betakit.com/canadian-vc-sees-lowest-quarterly-deal-count-in-nearly-a-decade/) - A new CVCA report says growth capital constriction may push more companies to other funding outlets, like the public markets.
- [AI investment firm DevCap closes $5 million as it eyes public listing](https://betakit.com/ai-investment-firm-devcap-closes-5-million-as-it-eyes-public-listing/) - Montréal-based Developer Capital has closed another $5 million CAD to back early-stage AI startups in what CEO Jordan Steiner referred to as a “seed” round.
- [MDA Space aims to deliver up to 400 satellites per year after Montréal facility expansion](https://betakit.com/mda-space-aims-to-deliver-up-to-400-satellites-per-year-after-montreal-facility-expansion/) - After two years of construction, the company says it has doubled its manufacturing floor space.
- [With doubling revenue and Scotiabank partnership, Solfium is bringing solar power to Latin America](https://betakit.com/with-doubling-revenue-and-scotiabank-partnership-solfium-is-bringing-solar-power-to-latin-america/) - Targeting profitability this year, Solfium's Andres Friedman spoke with BetaKit about his team’s blueprint for solarizing Latin America.
- [Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide](https://betakit.com/lightspeed-exceeds-fiscal-q3-revenue-profitability-targets-but-companys-shares-still-slide/) - Though Montréal-based Lightspeed Commerce beat its previous revenue and loss-cutting forecasts during the fiscal third quarter, investors were not impressed.
- [NGen investing $32.3 million into 15 advanced manufacturing projects](https://betakit.com/ngen-investing-32-3-million-into-15-advanced-manufacturing-projects/) - Combined with $54.4 million in commitments from the private sector, the projects are worth $86.7 million.
- [Staircase Ventures bets on Sibli as VC firm reveals first four investments](https://betakit.com/staircase-ventures-bets-on-sibli-as-vc-firm-reveals-first-four-investments/) - Staircase Ventures has made one of its first bets on Montréal-based AI startup Sibli, which today announced $6 million CAD in seed funding.
- [Lightspeed founder Dax Dasilva returns as interim CEO, replacing JP Chauvet](https://betakit.com/lightspeed-founder-dax-dasilva-returns-as-interim-ceo-replacing-jp-chauvet/) - Two years after stepping down, Lightspeed Commerce founder Dax Dasilva is now back at the firm’s helm as interim CEO following the recent crash of its stock.
- [Profitable payments startup Zūm Rails closes $10.5-million Series A](https://betakit.com/profitable-payments-startup-zum-rails-closes-10-5-million-series-a/) - Bootstrapped since 2019, Montréal-based FinTech startup Zūm Rails has now raised $10.5 million CAD in Series A financing for its payments platform that seeks to merge open banking with instant payments.
- [EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console](https://betakit.com/edtech-startup-tokidos-secures-1-35-million-cad-for-screenless-gaming-console/) - Tokidos says it has more than $115,000 in pre-orders for its September launch.
- [Jacob Homiller replaces co-founder Chris Stern as CarbiCrete CEO](https://betakit.com/jacob-homiller-replaces-co-founder-chris-stern-as-carbicrete-ceo/) - Stern says he will remain with the company as a strategic advisor.
- [Middleware land grab: Flinks wants to kill screen-scraping and make APIs king](https://betakit.com/middleware-land-grab-flinks-wants-to-kill-screen-scraping-and-make-apis-king/) - Flinks is looking to cement what co-founder and CEO Yves-Gabriel Leboeuf told BetaKit is a unique position in Canadian FinTech.
- [General Atlantic becomes major investor in travel perks platform Plusgrade](https://betakit.com/general-atlantic-becomes-major-investor-in-travel-perks-platform-plusgrade/) - The deal values Plusgrade at over $2 billion, according to The Globe and Mail.
- [CVCA spotlights women leaders across Canadian venture capital, private equity](https://betakit.com/cvca-spotlights-women-leaders-across-canadian-venture-capital-private-equity/) - The Canadian Venture Capital and Private Equity Association has announced the winners of its second annual Canadian Women in Private Capital Awards.
- [MDF Commerce to go private in $255-million acquisition by New York-based KKR](https://betakit.com/mdf-commerce-to-go-private-in-255-million-acquisition-by-new-york-based-kkr/) - The deal’s price tag is a premium on its recent TSX close yet well below its peak value.
- [Opalia closes $2 million to make more milk with less moo](https://betakit.com/opalia-closes-2-million-to-make-more-milk-with-less-moo/) - Montréal foodtech startup Opalia has secured $2 million CAD to accelerate the development of its tech that produces real milk directly from cells.
- [Music collaboration startup BeatConnect raises $2.25 million CAD ](https://betakit.com/music-collaboration-startup-beatconnect-raises-2-25-million-cad/) - Montréal-based music-tech software startup BeatConnect has closed $2.25 million CAD in funding.
- [Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs](https://betakit.com/monadical-launches-developer-capital-to-fund-early-stage-ai-startups-with-help-from-its-team-of-software-devs/) - Canada has gained another artificial intelligence investor in Developer Capital, but this one looks a bit different from your standard VC firm.
- [Nuvei stock rises as company confirms discussions following report of potential buyout](https://betakit.com/nuvei-stock-rises-as-company-confirms-discussions-following-report-of-potential-buyout/) - Nuvei has formed a special committee to evaluate "expressions of interest" the company has seen.
- [Sonder faces class action investigation after delaying financial results due to errors in past statements](https://betakit.com/sonder-faces-class-action-investigation-after-delaying-financial-results-due-to-errors-in-past-statements/) - Sonder has announced that it is delaying the release of its fourth quarter and full year 2023 financial results.
- [Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA](https://betakit.com/google-canada-provides-2-7-million-in-research-grants-to-major-canadian-ai-institutes-cifar-amii-ceimia/) - The funding is aimed at supporting research into sustainability and responsible AI development.
- [Proptech startup Landerz plots a course for growth with $1.5-million CAD seed round](https://betakit.com/proptech-startup-landerz-plots-a-course-for-growth-with-1-5-million-cad-seed-round/) - Montréal-based proptech startup Landerz has closed a $1.5-million CAD round of seed funding to develop and expand its public real estate platform.
- [Flare acquires US-based competitor Foretrace](https://betakit.com/flare-acquires-us-based-competitor-foretrace/) - Montréal-based cybersecurity startup Flare has acquired fellow United States-based data exposure company Foretrace for an undisclosed amount.
- [Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal](https://betakit.com/nuvei-to-be-acquired-by-us-based-advent-and-taken-private-in-6-3-billion-usd-deal/) - Montréal-based payments company Nuvei has entered into an agreement to be purchased and privatized by American private equity firm Advent International.
- [Startup Open House returns to its roots after acquisition by MTL NewTech](https://betakit.com/startup-open-house-returns-to-its-roots-after-acquisition-by-mtl-newtech/) - Nonprofit MTL NewTech has acquired the rights to Startup Open House from Elevate and will bring the event back to Montréal this spring.
- [Electronics startup SmartD Technologies powers up with $14.2-million Series A](https://betakit.com/electronics-startup-smartd-technologies-powers-up-with-14-2-million-series-a/) - Montréal-based power electronics startup SmartD Technologies has raised $14.2 million in Series A financing.
- [Eocycle Technologies secures $25 million CAD to expand wind turbines in US, Europe](https://betakit.com/eocycle-technologies-secures-25-million-cad-to-expand-wind-turbines-in-us-europe/) - Cleantech company Eocycle Technologies has closed $25 million CAD in Series A funding as it looks to expand its distributed wind turbines in the US and Europe.
- [Community-led bid to buy back Notman House unsuccessful](https://betakit.com/community-led-bid-to-buy-back-notman-house-unsuccessful/) - A community-led offer to buy back Montréal startup hub Notman House was not accepted by the Business Development Bank of Canada and Investissement Quebec, BetaKit has learned.
- [The Startup Train returns for its 10th year to kick off Startupfest 2024](https://betakit.com/the-startup-train-returns-for-its-10th-year-to-kick-off-startupfest-2024/) - The Startup Train is back this summer to whisk attendees from Toronto to Montréal so they can arrive in style for Startupfest 2024.
- [QueerTech report finds change is lagging for 2SLGBTQIA+ tech workers in Canada](https://betakit.com/queertech-report-finds-change-is-lagging-for-2slgbtqia-tech-workers-in-canada/) - While more than a third of non-queer folks believe there has been progress for 2SLGBTQIA+ employees at Canadian tech companies, their queer colleagues aren't quite feeling the same level of optimism.
- [#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024](https://betakit.com/cdntech-companies-nuvei-wonderfi-thinkific-saw-revenue-growth-in-q1-2024/) - BetaKit has compiled a guide on the recently announced quarterly financial results of Nuvei, Thinkific, WonderFi, and NowVertical.
- [Relocalize closes $2.3 million to decarbonize the food supply chain with micro-factories](https://betakit.com/relocalize-closes-2-3-million-to-decarbonize-the-food-supply-chain-with-micro-factories/) - Montréal cleantech startup Relocalize has secured a $2.3-million CAD seed extension from Desjardins Capital and existing backer RGS Ice to hasten the development and deployment of its micro-factories.
- [Lightspeed stock jumps as Dax Dasilva stays put, posts positive Q4 earnings](https://betakit.com/lightspeed-stock-jumps-as-dax-dasilva-stays-put-posts-positive-q4-earnings/) - The firm’s founder is officially back in the CEO chair, shedding the interim label he’s had since February.
- [Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon](https://betakit.com/paytm-psp-investments-alumni-announce-5-25-million-to-build-a-super-app-for-canadian-immigrants-called-beacon/) - Beacon has emerged from stealth, announced $5.25 million CAD in seed funding, and launched the first iteration of its ‘super app’ for Canadian immigrants.
- [Startupfest shares full schedule for 2024 tech festival](https://betakit.com/startupfest-shares-full-schedule-for-2024-tech-festival/) - Montréal technology festival Startupfest has released a detailed agenda for its upcoming event, which will take place at the Grand Quay from July 10 until July 12 this summer.
- [Toronto's lead over other Canadian cities continues to widen in new startup ecosystem rankings](https://betakit.com/torontos-lead-over-other-canadian-cities-continues-to-widen-in-new-startup-ecosystem-rankings/) - Canada kept its fourth spot in the global startup ecosystem rankings this year, but the gap between its top city and other Canadian cities is widening.
- [After over a decade at Lightspeed, JP Chauvet aims to be “good sounding board” as Inovia’s newest executive-in-residence](https://betakit.com/after-over-a-decade-at-lightspeed-jp-chauvet-aims-to-be-good-sounding-board-as-inovias-newest-executive-in-residence/) - Ex-Lightspeed Commerce leader Jean Paul Chauvet has joined Montréal-headquartered venture capital firm Inovia Capital as its newest executive-in-residence.
- [How Dax Dasilva plans to get Lightspeed to $1 billion in revenue](https://betakit.com/dax-dasilva-lightspeed-1-billion-revenue/) - Once again back in the CEO chair, Lightspeed's Dax Dasilva discusses why he stepped down, then returned, as the company he founded approaches its 20th birthday.
- [Inovia raises initial $300 million USD for CDPQ-led third growth equity fund](https://betakit.com/inovia-raises-initial-300-million-usd-for-third-growth-equity-fund-led-by-cdpq/) - Montréal-headquartered VC firm Inovia Capital has announced that it has secured an initial $300 million USD for its third growth equity fund.
- [Tax credit, grant financier Finalta Capital secures $31 million in funding](https://betakit.com/tax-credit-grant-financier-finalta-capital-secures-31-million-in-funding/) - Montréal-based tax credit and government grant debt provider Finalta Capital has closed $31 million in new funding.
- [This deep tech PE firm was drawn to Canada by the data](https://betakit.com/jolt-capital-deep-tech/) - Paris-based Jolt Capital was shocked by the investment opportunities in Canada.
- [Triptyq Capital’s Bertrand Nepveu talks Apple Vision Pro, Vrvana, and XR](https://betakit.com/triptyq-capitals-bertrand-nepveu-talks-apple-vision-pro-vrvana-and-xr/) - The Vision Pro is coming to Canada. To understand XR and its place in Canadian tech, BetaKit caught up with Bertrand Nepveu, who worked on the device.
- [Trader Corporation and Freelance.ca strengthen their online marketplaces through new acquisitions](https://betakit.com/trader-corporation-and-freelance-ca-strengthen-their-online-marketplaces-through-new-acquisitions/) - Two Canadian operators of online marketplaces have made acquisitions to fuel their growth.
- [Ex-RBC, Fairstone Bank, Credit Karma execs launch direct-to-consumer personal loans platform](https://betakit.com/after-amassing-first-9000-customers-fig-launches-direct-to-consumer-personal-loans-platform/) - Montréal-based Fig has launched its personal loans platform marketed directly to consumers as it looks to simplify the borrowing process for Canadians.
- [D2L and MDF Commerce expand software portfolios with latest acquisitions](https://betakit.com/d2l-and-mdf-commerce-expand-saas-portfolios-with-latest-acquisitions/) - Two Canadian technology firms have recently made acquisitions to fuel their software offerings.
- [TandemLaunch secures $27-million first close of Fund IV to build more Montréal deep-tech startups](https://betakit.com/tandemlaunch-secures-27-million-first-close-of-fund-iv-to-build-more-montreal-deep-tech-startups/) - Montréal venture studio TandemLaunch has secured $27 million CAD in the initial closing of its fourth fund to back more early-stage deep technology startups.
- [Swift Medical among the latest #CDNtech companies to appoint new leaders as industry executive turnover continues](https://betakit.com/swift-medical-among-the-latest-cdntech-companies-to-appoint-new-leaders-as-industry-executive-turnover-continues/) - The wave of leadership turnover at Canada’s tech companies continues, with eight more firms announcing executive departures or arrivals in recent weeks.
- [Three companies hiring tech workers in Montréal](https://betakit.com/three-companies-hiring-tech-workers-in-montreal/) - Whether you made it to Startupfest or not, Montréal’s tech scene is buzzing with opportunities. Here are three companies actively seeking talent in the 514.
- [Québec Tech's new mission prompts ecosystem vibe check at Startupfest](https://betakit.com/quebec-techs-new-mission-prompts-ecosystem-vibe-check-at-startupfest/) - As Startupfest draws to a close, Québec founders and VCs offer a state of the union on the province's tech sector.
- [GPs and LPs at Startupfest expect gradual recovery with 2024 on pace to be worst for Canadian VC in a decade](https://betakit.com/gps-and-lps-at-startupfest-expect-gradual-recovery-with-2024-on-pace-for-worst-year-for-canadian-vc-in-a-decade/) - Industry leaders BetaKit spoke with at Startupfest expect more turnover and fundraising challenges across the board, especially for emerging fund managers.
- [Xatoms, Juno win big at Startupfest 2024 ](https://betakit.com/xatoms-juno-win-big-at-startupfest-2024/) - As Startupfest 2024 draws to a close, five startups are walking away with a collective $785,000 in potential investment.
- [Québec is executing its innovation plan. Will it pay off?](https://betakit.com/quebec-is-executing-its-innovation-plan-will-it-pay-off/) - MAIN Executive Director Louis-Felix Binette joins live from Startupfest in Montréal to discuss the state of tech entrepreneurship in the city and province.
- [Corporate events and travel startup Planned closes $35-million Series B, adds Hopper CEO to board](https://betakit.com/corporate-events-and-travel-startup-planned-closes-35-million-series-b-adds-hopper-ceo-to-board/) - The startup plans to automate “tragically old school industry” and expand internationally.
- [Workstaff closes $1.6-million seed round with ambitions to expand beyond Canada](https://betakit.com/workstaff-closes-1-6-million-seed-round-with-ambitions-to-expand-beyond-canada/) - Montréal-based temp staff management platform Workstaff has raised a $1.6-million CAD seed round to help fund its ongoing plans to expand in the US.
- [Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk](https://betakit.com/former-delve-laboratories-dialogue-leaders-secure-2-million-to-help-cyber-insurance-brokers-sell-policies-and-assess-risk/) - Montréal-based Inscora has closed $2 million CAD in pre-seed funding to bring its risk assessment and sales software for cyber insurance brokers to market.
- [Ecosystem Spotlight: Montréal’s tech sector faces change with savoir-faire](https://betakit.com/ecosystem-spotlight-montreals-tech-sector-faces-change-with-savoir-faire/) - Eric Laflamme, Managing Director of Innovation Banking for Québec at CIBC, believes Montréal has the key ingredients to be a launchpad to the world.
- [Sonder inks Marriott licensing deal, secures additional liquidity amid continued challenges](https://betakit.com/sonder-inks-marriott-licensing-deal-secures-additional-liquidity-amid-continued-challenges/) - Canadian-founded, San Francisco-based alternative lodging firm Sonder has struck deals to secure fresh financing and integrate its listings into hotel giant Marriott International’s system.
- [ALL IN 2024 returns to Montréal for its second year](https://betakit.com/all-in-2024-returns-to-montreal-for-its-second-year/) - Following the success of its inaugural event, ALL IN is back for its second year, promising to be Canada’s most significant event dedicated to artificial intelligence.
- [Hardbacon to file for bankruptcy after Google search changes crush affiliate business](https://betakit.com/hardbacon-to-file-for-bankruptcy-after-google-search-changes-crush-affiliate-business/) - Montréal FinTech startup Hardbacon, which offers a free budgeting app and generates revenue through lead generation, has shut down after seeing most of its Google traffic vanish over the past year.
- [Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI](https://betakit.com/sagard-hires-georgians-parinaz-sobhani-as-investment-firms-first-head-of-ai/) - Montréal-based Sagard has appointed its first head of AI to bolster its expertise in an area it believes will play a key role for the firm in the coming decade.
- [Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD](https://betakit.com/luge-capital-navigates-emerging-manager-minefield-closes-second-early-stage-fintech-fund-at-96-million-cad/) - Despite a tough market leaving many emerging managers struggling, Luge Capital closed its second early-stage FinTech fund last month, securing $96 million CAD.
- [Sagard-backed Audensiel acquires tech consultancy Maltem Canada](https://betakit.com/sagard-backed-audensiel-acquires-tech-consultancy-maltem-canada/) - French business and technology consulting company Audensiel has acquired Montréal-based digital consultancy Maltem Canada for an undisclosed amount.
- [What to expect from Zoholics Canada 2024](https://betakit.com/what-to-expect-from-zoholics-canada-2024/) - Zoholics Canada 2024 takes place at Montréal’s Palais des Congrès from October 8 to 9.
- [Bitcoin infrastructure unicorn Blockstream raises $289 million CAD to boost mining operations](https://betakit.com/bitcoin-infrastructure-unicorn-blockstream-raises-289-million-cad-to-boost-mining-operations/) - Blockstream has raised $210 million USD in convertible note funding to expand its capacity as a Bitcoin treasury and innovate its layer-2 technology offerings.
- [Beacon launches remittance solution to help Canadian newcomers receive money from India](https://betakit.com/beacon-launches-remittance-solution-to-help-canadianas-newcomers-receive-money-from-india/) - Toronto-based FinTech startup Beacon has launched a remittance product designed to help newcomers to Canada receive money from India.
- [Diagram Ventures beats target to close first ClimateTech Fund at $80 million](https://betakit.com/diagram-ventures-beats-target-to-close-first-climatetech-fund-at-80-million/) - Montréal venture builder and investor Diagram Ventures has fuelled up to expand beyond its FinTech roots with the final close of its first ClimateTech Fund.
- [Real Ventures launches revamped fellowship program for founder well-being](https://betakit.com/real-ventures-launches-revamped-fellowship-program-for-founder-well-being/) - Partner Sam Haffar leads VC firm’s latest initiative to mentor leaders.
- [Government-backed Montréal innovation hub Ax-C gets boost from private sector](https://betakit.com/montreal-innovation-hub-ax-c-gets-boost-from-private-sector/) - Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.
- [Cohere and Float once again top LinkedIn’s Top Canadian Startups list](https://betakit.com/cohere-and-float-once-again-top-linkedins-top-canadian-startups-list/) - Professional networking site LinkedIn has released the list of top Canadian startups for 2024, and Cohere and Float are once again at the top.
- [BDC appoints Geneviève Bouthillier as head of BDC Capital amid “uncertain market conditions”](https://betakit.com/bdc-appoints-genevieve-bouthillier-as-head-of-bdc-capital/) - The Business Development Bank of Canada has promoted Geneviève Bouthillier to executive vice president of BDC Capital.
- [Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year](https://betakit.com/teralys-capital-says-it-should-hit-570-million-fund-of-funds-target-by-end-of-year/) - Teralys Capital has secured the largest amount ever raised for a fund-of-funds backed by VCCI, but the firm has yet to hit its hard cap.
- [What Canada can learn from AI use in South Africa ](https://betakit.com/what-canada-can-learn-from-ai-use-in-south-africa/) - Raesetje Sefala, research fellow at DAIR, on her work analyzing the impacts of South African apartheid using computer vision techniques and satellite imagery.
- [Global trends report shows AI adoption still lags in Canada](https://betakit.com/global-trends-report-shows-ai-adoption-still-lags-in-canada/) - A new report reveals key findings on the lagging adoption of AI in Canada.
- [Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner](https://betakit.com/brightspark-closes-latest-early-stage-vc-fund-at-100-million-appoints-new-bc-partner/) - Montréal VC firm Brightspark Ventures has closed its latest fund for early-stage Canadian tech startups at over $100 million CAD and added a new partner in Vancouver to capture more BC deal flow.
- [Montréal healthtech startup with transatlantic ties raises $43 million CAD for RNA-based cancer immunotherapies](https://betakit.com/epitopea-raises-43-million-cad-for-rna-based-cancer-immunotherapies/) - Investissement Québec and Fonds FTQ supported Epitopea’s pre-Series A round.
- [Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal](https://betakit.com/panache-ventures-partner-chris-neumann-to-depart-vc-firm-promotes-sarah-willson-to-principal/) - Vancouver-based Panache Ventures partner Chris Neumann plans to depart the early-stage Canadian VC firm at the end of 2024 to explore new opportunities.
- [Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings](https://betakit.com/lightspeed-well-health-hit-new-revenue-milestones-in-latest-quarterly-earnings/) - Lightspeed Commerce and Well Health Technologies both reported reaching new nine-figure revenue milestones in their latest quarterly earnings.
- [AppDirect’s acquisition spree heats up as it reveals plans to purchase vCom Solutions](https://betakit.com/appdirects-acquisition-spree-heats-up-as-it-reveals-plans-to-purchase-vcom-solutions/) - Canadian-founded AppDirect is set to acquire San Ramon, Calif.-based IT lifecycle management software vCom Solutions for an undisclosed amount.
- [Nuvei posts revenue growth in final earnings as go-private deal gets green light](https://betakit.com/nuvei-posts-revenue-growth-in-final-earnings-as-go-private-deal-gets-green-light/) - Having received regulatory approval, Nuvei expects its $6.3-billion USD go-private deal to close on Friday.
- [Canadian-led Medeloop closes $15.5 million USD in Inovia-led Series A round](https://betakit.com/canadian-led-medeloop-closes-15-5-million-usd-in-inovia-led-series-a-round/) - Silicon Valley-based Medeloop has closed $15.5 million in Series A financing to support its platform aimed at speeding up clinical research with AI.
- [Five startups chosen for first round of Québec Tech’s export mission](https://betakit.com/five-startups-chosen-for-first-round-of-quebec-techs-export-mission/) - Five companies were chosen for the first edition of Stage V, a tailored support program focused on boosting go-to-market efforts outside of Québec.
- [Belgian VC Theodorus relocates to Canada under new name to target early-stage life sciences startups](https://betakit.com/belgian-vc-theodorus-relocates-to-canada-under-new-name-to-target-early-stage-life-sciences-startups/) - After four funds over more than 20 years, Belgium’s Theodorus is exiting European investing entirely to pursue North American life sciences companies from its new Montréal headquarters.
- [Carebook joins parade of public Canadian tech companies returning private](https://betakit.com/carebook-joins-parade-of-public-canadian-tech-companies-returning-private/) - Four years after going public, Montréal healthtech firm Carebook Technologies has struck a deal with its largest shareholder to become private once more.
- [SRTX's Katherine Homuth wants to solve for everything](https://betakit.com/katherine-homuth-srtx-sheertex-betakit-podcast/) - SRTX founder explains how solving for one problem led to modernizing Western manufacturing.
- [Why Alistair Croll wants Canadian startups to be more evil](https://betakit.com/alistair-croll-evil-enough-canadian-startups/) - Entrepreneur and Startupfest founding partner Alistair Croll has co-authored a new book, Just Evil Enough: The Subversive Marketing Handbook.
- [Plutera Capital buys Hardbacon’s assets out of bankruptcy following 2024 shutdown](https://betakit.com/plutera-capital-buys-hardbacons-assets-out-of-bankruptcy-following-2024-shutdown/) - Plutera Capital has acquired the assets of fellow Montréal company Hardbacon, including Hardbacon.ca, following the FinTech startup’s shutdown last year.
- [Lightspeed to stay public company after strategic review](https://betakit.com/lightspeed-to-stay-public-company-after-strategic-review/) - After completing a strategic review, Montréal-based Lightspeed Commerce has announced plans to stay public and execute “a full transformation plan.”
- [CMD Capital halts fundraising amid “tough” VC market](https://betakit.com/cmd-capital-halts-fundraising-amid-tough-vc-market/) - Toronto and Montréal’s CMD Capital has halted fundraising and paused its operations indefinitely after failing to secure anchor investors, BetaKit has learned.
- [TandemLaunch closes $37-million Fund IV to create and back deep tech startups](https://betakit.com/tandemlaunch-closes-37-million-fund-iv-to-create-and-back-deep-tech-startups/) - Montréal-based venture studio TandemLaunch has closed its fourth fund for early-stage deep technology startups at more than $37 million CAD.
- [Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”](https://betakit.com/lightspeed-scales-back-fiscal-2025-revenue-outlook-as-several-macroeconomic-conditions-have-deteriorated/) - Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.
- [US deep tech VC Celesta Capital adds BDC alum Charles Lespérance as Canadian partner](https://betakit.com/us-deep-tech-vc-celesta-capital-adds-bdc-alum-charles-lesperance-as-canadian-partner/) - Silicon Valley-based, deep technology-focused venture capital firm Celesta Capital has grown its ranks, hiring former BDC Capital partner Charles Lespérance.
- [Lightspeed to expand and revamp sales team as part of revised go-to-market effort](https://betakit.com/lightspeed-to-expand-and-revamp-sales-team-as-part-of-revised-go-to-market-effort/) - Execs said direct sales will help company’s two “leading growth engines” at Lightspeed’s Capital Markets Day.
- [Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals](https://betakit.com/healthtech-startup-vopemed-lands-2-29m-pre-seed-funding-for-ai-powered-surgery-visuals/) - A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
- [Shopify, Lightspeed among Canadian tech stocks dragged down in US tariff-spurred market plunge](https://betakit.com/shopify-lightspeed-among-canadian-tech-stocks-dragged-down-in-us-tariff-spurred-market-plunge/) - Economists, companies share bleak outlook as global markets see one of their worst days in decades.
- [Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership](https://betakit.com/innovobot-unveils-refreshed-deep-tech-vc-fund-under-neha-kheras-leadership/) - After raising far less than it hoped for its first deep tech VC fund and undergoing leadership changes, Montréal-based Innovobot Resonance Ventures is ready to invest again with a “refreshed vision” and Neha Khera at the helm.
- [Yoshua Bengio warns of “catastrophic risks” of agentic AI at World Summit AI](https://betakit.com/yoshua-bengio-warns-of-catastrophic-risks-of-agentic-ai-at-world-summit-ai/) - Canadian AI trailblazer Yoshua Bengio recommends building non-agentic AI programs without goals of their own at the World Summit AI.
- [Bell and Ericsson’s Ottawa team field-test AI-powered tech to reduce cell network traffic jams](https://betakit.com/bell-and-ericssons-ottawa-team-field-test-ai-powered-tech-to-reduce-cell-network-traffic-jams/) - Bell Canada and an Ottawa-based research team from Ericsson claim they have completed the world’s first successful field testing of “AI-native” link adaptation.
- [ESG reporting platform Novisto fuels up for European expansion with $37.7-million CAD Series C](https://betakit.com/esg-reporting-platform-novisto-fuels-up-for-european-expansion-with-37-7-million-cad-series-c/) - Montréal software scaleup Novisto has closed a $27-million USD Series C from existing backers to scale across Europe and expand its ESG reporting platform.
- [As aging entrepreneurs retire, BDC and FNBC announce $100 million to help Indigenous groups buy their businesses](https://betakit.com/as-aging-entrepreneurs-retire-bdc-and-fnbc-announce-100-million-to-help-indigenous-groups-buy-their-businesses/) - FNBC and BDC have announced a $100-million CAD initiative to help Indigenous communities and economic development agencies acquire established businesses.
- [7Gen charges up with $48 million in debt from UK’s Zenobē to help more Canadian firms adopt EVs](https://betakit.com/7gen-charges-up-with-48-million-in-debt-from-uks-zenobe-to-help-more-canadian-businesses-adopt-evs/) - Montréal-based 7Gen has secured $48 million CAD in senior secured debt from Zenobē to scale its commercial EV-as-a-service platform across Canada.
- [Brightspark spinout Brio nabs $3 million to help other VCs manage their LPs](https://betakit.com/brightspark-spinout-brio-nabs-3-million-to-help-other-vcs-manage-their-lps/) - Toronto and Montréal-based FinTech startup and Brightspark spinout Brio has closed $3 million to bring its LP management tech to other VCs and fund managers.
- [Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook](https://betakit.com/lightspeed-surpasses-1-billion-usd-in-revenue-in-fiscal-2025/) - As it promised, Montréal-based Lightspeed Commerce surpassed $1 billion USD in annual revenue for the first time in fiscal 2025, which concluded on March 31.
- [Amilia raises $35 million led by Vertu Capital to help more community centres manage operations](https://betakit.com/amilia-raises-35-million-led-by-vertu-capital-to-help-more-community-centres-manage-operations/) - Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.
- [Lagging growth rate knocks Canada out of top four in StartupBlink's ecosystem rankings](https://betakit.com/lagging-growth-rate-knocks-canada-out-of-top-four-in-startupblinks-ecosystem-rankings/) - Toronto "in a tier of its own" as Calgary vaults back into top 100 cities globally.
- [Shakepay becomes first crypto company granted Payments Canada membership](https://betakit.com/shakepay-becomes-first-crypto-company-granted-payments-canada-membership/) - Bitcoin-focused Montréal-based cryptocurrency company Shakepay has become a Payments Canada member.
- [Eli Health closes $17-million CAD Series A to fuel launch of hormone-monitoring tech](https://betakit.com/eli-health-closes-17-million-cad-series-a-to-fuel-launch-of-hormone-monitoring-tech/) - Montréal-based Eli Health has secured $17 million CAD in Series A funding to support the launch of its flagship hormone-monitoring technology product.
- [COO Alex Petre replaces Damien Steel as CEO of carbon removal startup Deep Sky](https://betakit.com/coo-alex-petre-replaces-damien-steel-as-ceo-of-carbon-removal-startup-deep-sky/) - Steel cites "personal reasons" for departure as Montréal cleantech prepares to open first facility.
- [Still watching? Rivr closes $3.6 million CAD from GreenSky to help creators and brands identify engaging video content](https://betakit.com/still-watching-rivr-closes-3-6-million-cad-from-greensky-to-help-creators-and-brands-identify-engaging-video-content/) - Rivr already counts Amazon Games, Bungie, and Epic Games among its clients.
- [Botpress closes $34-million CAD Series B to help companies build and deploy AI agents](https://betakit.com/botpress-closes-34-million-cad-series-b-to-help-companies-build-and-deploy-ai-agents/) - Montréal-based Botpress has secured more than $34 million CAD in Series B funding to scale its AI infrastructure as the agentic AI race heats up.
- [HR platform Workleap adding compensation management features through acquisition of Barley](https://betakit.com/hr-platform-workleap-adding-compensation-management-features-through-acquisition-of-barley/) - Talent management software is also preparing to launch Workleap AI tool within the next week.
- [Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady](https://betakit.com/toronto-waterloo-vancouver-ottawa-drop-in-startup-genomes-2025-global-ecosystem-rankings-as-montreal-calgary-hold-steady/) - Startup Genome’s latest global startup ecosystem rankings say some of Canada’s largest tech hubs have lost ground since last year while others are hanging on.
- [Deep Sky science chief Phil De Luna departs company to “build something new”](https://betakit.com/deep-sky-science-chief-phil-de-luna-departs-company-to-build-something-new/) - De Luna said he had “outgrown” his current role at the carbon capture startup.
- [Sonder co-founder Francis Davidson departs after seeing through Marriott deal](https://betakit.com/sonder-co-founder-francis-davidson-departs-after-seeing-through-marriott-deal/) - Outgoing CEO said orchestrating the Marriott integration was “the hardest thing” he’d ever done.
- [Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event](https://betakit.com/minister-evan-solomon-unveils-fresh-ai-project-funding-to-address-crisis-moment-at-scaleai-event/) - Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
- [Lightspeed beats outlook in fiscal Q1 to tepid market response](https://betakit.com/lightspeed-earnings-q1-2026-de-minimis/) - Montréal-based Lightspeed Commerce posted nearly $305 million USD in revenue and more than $129 million in gross profit during the first quarter of fiscal 2026.
- [Sovra appoints new CEO Tom Spengler as it sells off “non-core businesses” to focus on government tech](https://betakit.com/sovra-appoints-new-ceo-tom-spengler-as-it-sells-off-non-core-businesses-to-focus-on-government-tech/) - Formerly known as MDF Commerce, the now-private Montréal company has also acquired Calgary's Ontopical.
- [BDC commits another $200 million to startups building tech for legacy industries](https://betakit.com/bdc-commits-another-200-million-to-startups-building-tech-for-legacy-industries/) - BDC has dedicated another $200 million CAD to early-stage Canadian startups developing transformative technologies for legacy industries—this time with an expanded focus on critical minerals.
- [CEO of meal delivery company Goodfood abruptly departs amid recent losses](https://betakit.com/ceo-of-meal-delivery-company-goodfood-abruptly-departs-amid-recent-losses/) - Montréal firm also plans a formal review of its operations.
- [Wealthsimple acquires Fey to bolster its investment research capabilities](https://betakit.com/wealthsimple-acquires-fey-to-bolster-its-investment-research-capabilities/) - Toronto-based FinTech giant Wealthsimple has purchased Montréal investment research platform Fey.
- [New era at Mila as Hugo Larochelle named scientific director](https://betakit.com/new-era-at-mila-as-hugo-larochelle-named-scientific-director/) - The Google alum says the AI institute should be "ambitious" and "do more."
- [White Star Capital wants to lead Canadian seed rounds with new $50-million USD fund](https://betakit.com/white-star-capital-wants-to-lead-canadian-seed-rounds-with-new-50-million-usd-fund/) - The VC firm has closed $25 million USD to back more early-stage Canadian software startups.
- [Aidan Gomez, Kari Briski, Minister Evan Solomon, Yoshua Bengio to headline ALL IN 2025](https://betakit.com/gomez-bengio-solomon-all-in-2025/) - ALL IN returns for its third edition with a mandate to unite business leaders and startup entrepreneurs around the goal of building an AI-powered economy.
- [Nick Frosst sells Canada](https://betakit.com/nick-frosst-sells-canada/) - Inovia Capital wants to help brand Canada as a place with a distinct competitive advantage in the shifting global technology marketplace.
- [Shopify and VitalHub return to TSX top 30 list while Propel Holdings and MDA Space make debuts](https://betakit.com/shopify-and-vitalhub-return-to-tsx-top-30-list-while-propel-holdings-and-mda-space-make-debuts/) - The TSX30 is a ranking of the 30 top-performing companies on the stock exchange, based on dividend-adjusted share price performance over a three-year period.
- [Ssense wins temporary protection in battle with creditors](https://betakit.com/ssense-wins-temporary-protection-in-battle-with-creditors/) - Embattled Montréal-based online retailer Ssense has been granted a stay order, temporarily protecting the company from a potential sale by its creditors.
- [LocusX raises $3-million seed round to debug game code with AI](https://betakit.com/locusx-raises-3-million-seed-round-to-debug-game-code-with-ai/) - The company's AI-based “issue resolution engine” can identify and propose fixes for bugs or programming errors.
- [Bo’s rollercoaster year ends in "seven-figure" acquisition](https://betakit.com/bos-rollercoaster-year-ends-in-seven-figure-acquisition/) - After layoffs, stalled funding, and doubts about survival, the Montréal startup is acquired by Tricentris.
- [FeX Energy raises $4.8 million CAD on bet that iron can power the energy transition](https://betakit.com/fex-energy-raises-4-8-million-cad-on-bet-that-iron-can-power-the-energy-transition/) - FeX Energy, a spinoff of McGill’s Alternative Fuel Laboratory and venture builder Hard Climate, has raised $3.5 million USD.
- [Pender Ventures partner Isaac Souweine leaves VC firm](https://betakit.com/pender-ventures-partner-isaac-souweine-leaves-vc-firm/) - After more than three years as partner, Isaac Souweine has left Vancouver-based venture capital firm Pender Ventures in what he describes as a mutual decision.
- [Nesto bets on big banks as a way to provide more Canadian mortgages](https://betakit.com/nesto-bets-on-big-banks-as-a-way-to-provide-more-canadian-mortgages/) - Nesto has launched Nesto Cloud as it transitions from a solely D2C online mortgage lender to a “mortgage ecosystem” builder, partnered with big banks.
- [Telus opens inaugural Sovereign AI Factory in Rimouski](https://betakit.com/telus-opens-inaugural-sovereign-ai-factory-in-rimouski/) - The facility will let Canadian entities develop and tweak AI while keeping their data in Canada.
- [Canada hopes to build a sovereign cloud to counter US dominance. It won't be easy](https://betakit.com/canadian-sovereign-cloud-evan-solomon-all-in/) - At ALL IN, Government and industry players align on the need for Canadian-controlled infrastructure, if not the plan to execute.
- [Tailscale’s CEO has an idea “worth billions” for AI startups](https://betakit.com/tailscale-ceo-avery-pennarun-ai-startups/) - Tailscale CEO Avery Pennarun is building the air traffic control for AI agents. He needs help to make sure the planes land safely.
- [The feds are ALL IN on AI](https://betakit.com/the-feds-are-all-in-on-ai/) - After a week in Montréal, it's clear the federal government is ALL IN on AI.
- [Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans](https://betakit.com/flare-raises-another-30-million-usd-to-fuel-global-cybersecurity-expansion-and-acquisition-plans/) - Montréal software company aims to help organizations spot and mitigate online threats.
- [Five trends shaping the future of FinTech: Insights from the Canada Fintech Forum](https://betakit.com/insights-from-the-canada-fintech-forum/) - Here are five signals from the Canada Fintech Forum on where the industry is headed next.
- [Are Canadian entrepreneurs willing to let their old companies die?](https://betakit.com/are-canadian-entrepreneurs-willing-to-let-their-old-companies-die/) - Leaders discuss the challenges, opportunities, and pressures of AI adoption at ALL IN.
- [Harley Finkelstein and David Segal spill the tea on entrepreneurship at “Made in Montréal” event](https://betakit.com/harley-finkelstein-and-david-segal-spill-the-tea-on-entrepreneurship-at-made-in-montreal-event/) - At HEC Montréal, Shopify president and DavidsTea founder urge founders to buck relocation pressure and make Canada their launchpad.
- [Canadian AI pioneers Yoshua Bengio and Geoffrey Hinton join global call to ban superintelligence development](https://betakit.com/canadian-ai-pioneers-yoshua-bengio-and-geoffrey-hinton-join-global-call-to-ban-superintelligence-development/) - More than 1,500 signatories back open letter warning of loss of freedom, dignity, and “potential human extinction.”
- [Maket secures $3.4 million to make floor planning quicker with AI](https://betakit.com/maket-secures-3-4-million-to-make-floor-planning-quicker-with-ai/) - AI-powered architecture platform is preparing to launch its 2.0 version next year.
- [Stingray to buy media streamer TuneIn for $175 million USD](https://betakit.com/stingray-to-buy-media-streamer-tunein-for-175-million-usd/) - San Francisco-based company will “significantly expand” Stingray’s global footprint.
- [Inovia Capital opens Abu Dhabi office as Canada strengthens ties with UAE](https://betakit.com/inovia-capital-opens-abu-dhabi-office-as-canada-strengthens-ties-with-uae/) - Montréal VC firm looks to forge commercial and financial partnerships for its portfolio companies in the region.
- [UAE research institute to open lab within Mila](https://betakit.com/uae-research-institute-to-open-lab-within-mila/) - Prime Minister’s relationship-building trip forges bond between Montréal AI research centre and Technology Innovation Institute.
- [New Life Sciences Fund and leadership churn reveal continued reset at BDC](https://betakit.com/new-life-sciences-fund-and-leadership-churn-reveal-continued-reset-at-bdc/) - Growth Venture Fund leader is out nine months after BDC allocates $1 billion and expands mandate.
- [Sonder collapses after spending nearly $3.7 million on now-defunct Marriott deal](https://betakit.com/sonder-collapses-after-spending-nearly-3-7-million-on-now-defunct-marriott-deal/) - Short-term rental company winding down operations "immediately" amid ongoing liquidity issues.
- [Another fund partner leaves BDC](https://betakit.com/another-fund-partner-leaves-bdc/) - Guillaume Mercier steps away from Industrial Innovation Fund as leadership churn continues
- [BenchSci inks multi-year partnership with Mila to develop AI for drug discovery](https://betakit.com/benchsci-inks-multi-year-partnership-with-mila-to-develop-ai-for-drug-discovery/) - Collaboration aims to develop AI systems capable of biological inference and experimental assay prediction.
- [Dcbel partners with Volvo and Polestar to turn EV batteries into home power backups](https://betakit.com/dcbel-partners-with-volvo-and-polestar-to-turn-ev-batteries-into-home-power-backups/) - CEO claims impact from US trade war and evaporating EV incentives is “minimal.”
- [Inovia promotes two principals to partner as it readies 2026 fundraising push](https://betakit.com/inovia-promotes-two-principals-to-partner-as-it-readies-2026-fundraising-push/) - The Montréal VC firm planning a sixth venture fund and “larger” Discovery Fund II to back emerging managers.
- [Canada launches its own quantum research program to rival DARPA initiative](https://betakit.com/canada-launches-it-own-quantum-research-program-to-rival-darpa-initiative/) - Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding through CQCP.
- [Goodfood loses another leader as co-founder says he's stepping down as president and COO](https://betakit.com/goodfood-loses-another-leader-as-co-founder-says-hes-stepping-down-as-president-and-coo/) - Neil Cuggy took over day-to-day operations at Goodfood after co-founder Jonathan Ferrari abruptly left in August.
- [Morphocell rounds out Series A at $50 million USD to accelerate liver regeneration tech](https://betakit.com/morphocell-rounds-out-series-a-at-50-million-usd-to-accelerate-liver-regeneration-tech/) - Montreal biotech secures another $10 million USD co-led by Investissement Québec and CDP Venture Capital.
- [Scale AI unveils $129 million for 44 new applied AI projects across Canada](https://betakit.com/scale-ai-unveils-129-million-for-44-new-applied-ai-projects-across-canada/) - AlayaCare, League, FluidAI Medical, MDA Space, and Vooban among recipients.
- [BDC tells VCs it's willing to lift restrictions on defence investing](https://betakit.com/bdc-tells-vcs-its-willing-to-lift-restrictions-on-defence-investing/) - The Crown corporation aims to support the build up of Canada’s defence industry.
- [BDC unveils $4-billion defence technology platform](https://betakit.com/bdc-unveils-4-billion-defence-technology-platform/) - The Crown corporation explicitly encourages businesses to “apply their skills to defence needs.”
- [The Black women founders reshaping Canada’s venture future](https://betakit.com/the-black-women-founders-reshaping-canadas-venture-future/) - Five years after sharing her entrepreneurial journey, Pitch Better's Amoye Henry sees progress for Black women founders in Canada.
- [Flare uncovers phishing campaigns scamming Canadians with fake toll and parking violation texts](https://betakit.com/flare-uncovers-phishing-campaigns-scamming-canadians-with-fake-toll-and-parking-violation-texts/) - The Montréal cybersecurity firm claims PayTool has defrauded as many as 900 Canadians.
- [Canadian businesses expect more uncertainty as US Supreme Court strikes down Trump’s tariffs](https://betakit.com/canadian-businesses-expect-more-uncertainty-as-us-supreme-court-strikes-down-trumps-tariffs/) - The US president claims more tariffs are coming through different legal mechanisms.
- [How AI can help make SR&ED filing painless](https://betakit.com/how-ai-can-help-make-sred-filing-painless/) - Agentic assistants in the Chrono Platform can help turn months of year-end work into minutes.
- [Canada’s PixMob lights up 2026 Super Bowl and Winter Olympics](https://betakit.com/canadas-pixmob-lights-up-2026-super-bowl-and-winter-olympics/) - The special effects company debuted its brightest-ever product as it marks 20 years in business.
- [Mecademic secures $21 million to bring its tiny industrial robots to the world](https://betakit.com/mecademic-secures-21-million-to-bring-its-tiny-industrial-robots-to-the-world/) - The funding will help the company expand its Montréal headquarters and ramp up hiring in the US, Europe, and Asia.
- [Q&A: BDC Capital’s head on why Canadian defence tech investments are heating up](https://betakit.com/qa-bdc-capitals-head-on-why-canadian-defence-tech-investments-are-heating-up/) - Geneviève Bouthillier unpacks recent investments in Irréversible and Canada Rocket Company.
- [Elle, MD, Hiive, and LiORA among latest CIX Startup Awards winners](https://betakit.com/elle-md-hiive-and-liora-among-latest-cix-startup-awards-winners/) - Annual awards recognize top emerging, early-stage, and growth-stage Canadian startups.
- [Hypertec becomes key partner for Nvidia in Canada](https://betakit.com/hypertec-becomes-key-partner-for-nvidia-in-canada/) - The OEM designation means more visibility amid the global AI race.
- [Lightspeed offloads Upserve at a discount as transformation plan continues](https://betakit.com/lightspeed-offloads-upserve-at-a-discount-as-transformation-plan-continues/) - The Montréal-based payments firm is selling the US hospitality business for nearly $350 million less than it paid for it in 2020.
- [JetScaleAI secures $5.4 million to keep cloud costs and climate impact down](https://betakit.com/jetscaleai-secures-5-4-million-to-keep-cloud-costs-and-climate-impact-down/) - Former Dataperformers leaders aim to help companies optimize their cloud infrastructure.
- [Boreal Ventures launches second seed fund with $43-million first close](https://betakit.com/boreal-ventures-launches-second-seed-fund-with-43-million-first-close/) - Ex-Lightspeed head JD Saint-Martin takes over as co-managing partner as the Montréal VC aims to raise $60 million.
- [Spark Microsystems secures additional $17 million in Series B funding](https://betakit.com/spark-microsystems-secures-additional-17-million-in-series-b-funding/) - The Montréal chip firm aims to enable next-gen, short-range wireless communications.
- [BDC expands Defence Platform to $6 billion and names a StrongNorth Fund leader](https://betakit.com/bdc-expands-defence-platform-to-6-billion-and-names-a-strongnorth-fund-leader/) - The Business Development Bank of Canada announced it is expanding its Defence Platform with another $1.2 billion CAD in funding from the federal government.
- [Novisto acquires UK-based Minimum to build “all-in-one” ESG platform](https://betakit.com/novisto-acquires-uk-based-minimum-to-build-all-in-one-esg-platform/) - Montréal company to integrate Minimum’s carbon accounting tech and grow European footprint.
- [Hopper’s biggest customer is bringing its travel platform in-house](https://betakit.com/hoppers-biggest-customer-is-bringing-its-travel-platform-in-house/) - Capital One takes over operations of Capital One Travel, reportedly bringing on many Hopper staff.
- [Ssense cut more than 200 jobs days after founders won bid to buy back company](https://betakit.com/ssense-cut-more-than-200-jobs-days-after-founders-won-bid-to-buy-back-company/) - The layoffs follow a Québec court decision that blocked the company's lender's push for an asset sale.
- [Court filings reveal Sheertex maker’s steep losses ahead of insolvency](https://betakit.com/court-filings-reveal-sheertex-makers-steep-losses-ahead-of-insolvency/) - While tariffs helped bring the apparel innovator down, SRTX was already struggling to scale.
- [Canadian companies make their case at Nvidia’s GTC conference](https://betakit.com/canadian-companies-make-their-case-at-nvidias-gtc-conference/) - Cohere, Telus, and others showcased how they're building with Nvidia’s dominant AI infrastructure.
- [Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture](https://betakit.com/ex-hugging-face-salesforce-leaders-partner-on-ai-sustainability-venture/) - Sustainable AI Group aims to help enterprises manage AI’s environmental impact.
- [Photonic secures $2-billion USD valuation after final close of $200-million financing](https://betakit.com/photonic-secures-2-billion-usd-valuation-after-final-close-of-200-million-financing/) - Bell, BDC, EDC, and InBC are backing the BC quantum firm’s continued push towards commercialization.
- [“Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC](https://betakit.com/steel-concrete-and-code-feds-and-telus-announce-three-ai-data-centres-in-bc/) - Projects include upscaling existing Kamloops data centre and two new, Vancouver-based centres.
- [Feds announce $66 million for 44 businesses through AI Compute Access Fund](https://betakit.com/feds-announce-66-million-for-44-businesses-through-ai-compute-access-fund/) - The program offers financial support to subsidize the costs of commercializing or scaling AI projects.
- [The BetaKit Guide: Toronto Tech Week 2026](https://betakit.com/the-betakit-guide-toronto-tech-week-2026/) - Your cheat sheet to one of the busiest weeks in Toronto tech.
- [Rave takes fight with Apple over App Store removal to Canada’s Competition Tribunal](https://betakit.com/rave-takes-fight-with-apple-over-app-store-removal-to-canadas-competition-tribunal/) - The Ontario startup is also pursuing legal actoon in the US, Brazil, the Netherlands, and Russia.
- [Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide](https://betakit.com/nmbr-says-its-reshaping-payroll-competition-in-canada-now-it-wants-to-go-worldwide/) - With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally.
- [Why IP is a founder’s most powerful growth tool](https://betakit.com/why-ip-is-a-founders-most-powerful-growth-tool/) - Delvinia founder and CEO Adam Froman on why Canadian IP needs a rethink.
- [Ontario government invests $5 million into life sciences and healthtech startups](https://betakit.com/ontario-government-invests-5-million-into-life-sciences-and-healthtech-startups/) - Kare Chemical Technologies, Myomar Molecular, Stoked Bio, were among the recipients.
- [Q&A: Vass Bednar on why Canada is at risk of remaining a digital 51st state](https://betakit.com/qa-vass-bednar-on-why-canada-is-at-risk-of-remaining-a-digital-51st-state/) - The Canadian Shield Institute leader talks digital sovereignty ahead of an upcoming CUSMA review.
- [OpenText sells analytics database Vertica to pay down debt](https://betakit.com/opentext-sells-analytics-database-vertica-to-pay-down-debt/) - The Waterloo company is selling its second non-core asset in five months after dropping longtime leader Mark Barrenechea in August.
- [Bobbie Racette built her new startup around a simple idea: be the support she never had](https://betakit.com/bobbie-racette-built-her-new-startup-around-a-simple-idea-be-the-support-she-never-had/) - At NACO Summit, she said Tapwi will be her way to open doors for the next generation.
- [Vendasta levels up with European deal to roll out MARiO AI](https://betakit.com/vendasta-levels-up-with-european-deal-to-roll-out-mario-ai/) - Saksatoon startup working with Italy’s largest internet company.
- [Can Ottawa become Photonic Valley?](https://betakit.com/can-ottawa-become-photonic-valley/) - Plus: Are you tokenmaxxing? Tell us.
- [Why you don’t need a PhD to invest in deep tech](https://betakit.com/why-you-dont-need-a-phd-to-invest-in-deep-tech/) - VCs at NACO Summit dispelled misconceptions about investing in the industry.
- [Canada won’t pursue national semiconductor strategy, AI minister says](https://betakit.com/canada-wont-pursue-national-semiconductor-strategy-ai-minister-says/) - Canada is the only G7 country without a standalone strategy. Industry groups are urging action.
- [Canada’s plan to ban crypto ATMs worries industry, advocates](https://betakit.com/canadas-plan-to-ban-crypto-atms-worries-industry-advocates/) - Nearly 4,000 cryptocurrency ATMs are located across Canada.
- [Canada to create AI and Labour Advisory Council, Solomon says](https://betakit.com/canada-to-create-ai-and-labour-advisory-council-solomon-says/) - The advisory group stems from a desire to maintain regular contact with labour leaders following initial meetings.
- [It’s a tough market for liquidity. Here’s where companies and investors are turning](https://betakit.com/its-a-tough-market-for-liquidity-heres-where-companies-and-investors-are-turning/) - At NACO Summit, industry leaders unpacked the rise of SPACs, RTOs, and secondaries.
- [Koho close to securing banking licence, hopes to launch telco product, CEO says](https://betakit.com/koho-hopes-to-launch-telco/) - At NACO Summit, Daniel Eberhard compares the future of Koho to Chinese “super apps.”
- [“The math is not mathing”: How AI bubble fears are changing Canadian VCs' investment approach](https://betakit.com/the-math-is-not-mathing-how-ai-bubble-fears-are-changing-canadian-vcs-investment-approach/) - Leaders from Wittington, McRock, and IRV clash on whether AI is a bubble, but agree some things do not add up.
- [OpenText reports steady revenue as new CEO comes aboard](https://betakit.com/opentext-reports-steady-revenue-as-new-ceo-comes-aboard/) - The cloud information management company’s Q3 earnings come after layoffs and restructuring.
- [MDA Space “full steam ahead” on Canadarm3 despite space station cancellation](https://betakit.com/mda-space-full-steam-ahead-on-canadarm3-despite-space-station-cancellation/) - The Brampton, Ont.-based company highlighted soaring revenue and a starry future in its Q1 earnings report.
- [Canada committed to real-time rail, aims to be a point of stability in an uncertain world, finance minister says](https://betakit.com/canada-committed-to-real-time-rail-aims-to-be-a-point-of-stability-in-an-uncertain-world-finance-minister-says/) - The minister spoke at Payments Canada Summit about modernizing the financial system.
- [Are you tokenmaxxing? Tell us](https://betakit.com/are-you-tokenmaxxing-tell-us/) - BetaKit wants to know how much you’re using AI at work, and why.
- [OpenAI violated Canadian privacy laws, federal and provincial watchdogs say](https://betakit.com/federal-and-provincial-privacy-watchdogs-say-openai-violated-canadian-privacy-laws/) - Privacy comissioners say OpenAI broke the rules by scraping Canadian data to develop and train ChatGPT.
- [What Canadian founders can learn from Silicon Valley’s speed](https://betakit.com/what-canadian-founders-can-learn-from-silicon-valleys-speed/) - At Uniting the Prairies, Chris Neumann argues for learning from the US while building in Canada.
- [Ottawa plans to spin off federal semiconductor facility into “commercial entity”](https://betakit.com/ottawa-plans-to-spin-off-federal-semiconductor-facility-into-commercial-entity/) - The federal government is working on spinning out the National Research Council’s Canadian Photonics Fabrication Centre into a “commercial entity.”
- [First Canada, then the world: nation's rocket builders see a bigger opening in space](https://betakit.com/first-sovereignty-then-the-world-canadas-rocket-builders-see-a-bigger-opening-in-space/) - Space tech CEOs say sovereign launch capabilities could help Canada lead in low Earth orbit.
- [UPS Report States Online Shoppers Demand More as E-Commerce Spending Increases](https://betakit.com/comscore-report-states-online-shoppers-demand-more-as-e-commerce-spending-increases/) - Canadian shoppers are increasingly demanding more from eretailers, and they're spending more money.
- [Moment Energy raises $40 million USD Series B to give used EV batteries new life](https://betakit.com/moment-energy-raises-40-million-usd-series-b-to-give-used-ev-batteries-new-life/) - Company plans to use capital to expand manufacturing, hiring
- [Three European tech founders on why they chose Canada for North American expansion](https://betakit.com/three-european-tech-founders-on-why-they-chose-canada-for-north-american-expansion/) - TBDC’s Horizon program is helping European founders choose Canada.
- [Shopify posts strong Q1 revenue growth, but stock still falls on slow growth forecast](https://betakit.com/shopify-posts-strong-revenue-growth-but-stock-still-falls-on-slow-growth-forecast/) - The e-commerce giant posted loss of $581 million USD, due mainly to equity investments.
- [Toronto Tech Week reveals new Homecoming speakers](https://betakit.com/toronto-tech-week-reveals-new-homecoming-speakers/) - Rob Khazzam, Andrew D'Souza, Lulu Cheng Meservey, and others join lineup for official mainstage event.
- [Closing the loop: How Mastercard is building for agentic commerce](https://betakit.com/closing-the-loop-how-mastercard-is-building-for-agentic-commerce/) - Mastercard’s Craig Reiff explains why trust, not technology, will enable this next shift.
- [Biopharma giant Sanofi to grow Toronto presence with expanded AI centre](https://betakit.com/biopharma-giant-sanofi-to-grow-toronto-presence-with-expanded-ai-centre/) - The French company says its $294-million investment, along with $5 million from the provincial government, will create 50 new jobs.
- [Alison Kaizer says founders must build hiring muscles in the AI era](https://betakit.com/alison-kaizer-says-founders-must-build-hiring-muscles-in-the-ai-era/) - The Golden Ventures partner used the Uniting the Prairies stage to argue that hiring isn’t a function that should be outsourced.
- [Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing](https://betakit.com/former-defence-minister-harjit-sajjans-new-startup-lays-groundwork-for-public-listing/) - Juno Industries has secured $12 million in commitments to list on TSVX in a reverse takeover deal.
- [AI godfather Geoffrey Hinton says we must convince AI that it's our mother](https://betakit.com/ai-godfather-geoffrey-hinton-says-we-must-convince-ai-that-its-our-mother/) - Hinton says making AIs care more about us than themselves could keep them from wiping out humanity.
- [Canada’s real workforce crisis isn’t AI, it’s the entry-level experience gap](https://betakit.com/canadas-real-workforce-crisis-isnt-ai-its-the-entry-level-experience-gap/) - Venture for Canada’s CEO writes that Canadian employers need to give young workers a fair shot.
- [Wealth? In this economy?](https://betakit.com/wealth-in-this-economy/) - Plus: The full BetaKit Most Ambitious: Town Hall speaker lineup.
- [Plum acquired by US-based Phenom to reduce bad hires in the age of AI](https://betakit.com/plum-acquired-by-us-based-phenom-to-reduce-bad-hires-in-the-age-of-ai/) - Kitchener-Waterloo’s Plum has been acquired by Philadelphia-based Phenom, another human resources technology company also focused on talent assessment.
- [General Fusion prepares to continue its quest for commercial fusion power as a public company](https://betakit.com/general-fusion-prepares-to-continue-its-quest-for-commercial-fusion-power-as-a-public-company/) - The BC firm lays out its vision for scalable fusion ahead of its expected Nasdaq debut.
- [Q&A: Why the threat of Anthropic’s Mythos demonstrates the need for sovereign AI](https://betakit.com/qa-why-the-threat-of-anthropics-mythos-demonstrates-the-need-for-sovereign-ai/) - CIRA VP Jon Ferguson on how the Project Glasswing preview could leave Canadian firms out in the cold.
- [Women’s Equity Lab Manitoba closes Fund 3 at $300,000](https://betakit.com/womens-equity-lab-manitoba-closes-fund-3-at-300000/) - The fund reached full subscription in record time, maxing out in roughly a month.
- [Meet the BetaKit Most Ambitious: Town Hall full speaker lineup](https://betakit.com/meet-the-betakit-most-ambitious-town-hall-full-speaker-lineup/) - Cameron Bailey, Olivia Chow, Eliot Pence, and more join BetaKit’s marquee Toronto Tech Week opener.
- [Canadian tech leaders to headline BetaKit Most Ambitious: Town Hall](https://betakit.com/canadian-tech-leaders-to-headline-betakit-most-ambitious-town-hall/) - Raquel Urtasun, Christian Weedbrook, Jim Balsillie, and Evan Solomon help kick off Toronto Tech Week on May 25.
- [PrairiesCan invests $7.9 million in funding to support Co.Labs, local AI firms](https://betakit.com/prairiescan-invests-7-9-million-in-funding-to-support-co-labs-local-ai-firms/) - Funding was announced in Saskatoon at the Uniting the Prairies conference.
- [Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure](https://betakit.com/canadian-co-founded-featherless-ai-secures-20-million-usd-to-build-open-source-ai-infrastructure/) - The company can deploy more than 30,000 open-source AI models through a single API.
- [Cohere buys naming rights to Ottawa's former EY Centre](https://betakit.com/cohere-buys-naming-rights-to-ottawa-convention-centre/) - The partnership will take effect on May 1 with rebranding rolling out in the coming weeks.
- [How Boast helped companies secure $900 million in R&D tax credits since 2018](https://betakit.com/how-boast-helped-companies-secure-900-million-in-rd-tax-credits-since-2018/) - Boast’s 2026 Benchmark Report reveals that R&D tax credits are becoming key to how companies fund growth.
- [Montréal’s Deep Sky partners with French energy company ENGIE](https://betakit.com/montreals-deep-sky-partners-with-french-energy-company-engie/) - Under the partnership, ENGIE will purchase carbon removal credits, collaborate on research and development.
- [AI developers not meeting the needs of LGBTQ+ users, report suggests](https://betakit.com/ai-developers-not-meeting-the-needs-of-lgbtq-users-report-suggests/) - The industry group says some survey responses from AI developers were malicious, hateful, and homophobic.
- [Alberta puts $91 million into Industrial Transformation Challenge](https://betakit.com/alberta-puts-91-million-into-industrial-transformation-challenge/) - The challenge's next iteration will focus on projects helping industry invest in the emerging technologies.
- [How four Edmonton startups are collaborating to fight wildfires](https://betakit.com/how-four-edmonton-startups-are-collaborating-to-fight-wildfires/) - At an Edmonton Unlimited panel, local tech leaders said working together is vital to earn trust in a challenging industry.
- [Q&A: Kepler’s CEO on Canada’s space ambitions and the best Toronto Tech Week eats](https://betakit.com/qa-keplers-ceo-on-canadas-space-ambitions-and-the-best-toronto-tech-week-eats/) - Mina Mitry recalls launching the world’s first optical relay satellite network ahead of his appearance at Toronto Tech Week.
- [Koho users can now buy, hold, and manage crypto](https://betakit.com/koho-users-can-now-buy-hold-and-manage-crypto/) - The Toronto FinTech aims to lower crypto’s barrier to entry through a partnership with exchange Ndax.
- [Appetronix cooks up bigger robotic kitchen ambitions with Cibotica acquisition](https://betakit.com/appetronix-cooks-up-bigger-robotic-kitchen-ambitions-with-cibotica-acquisition/) - London, Ontario’s Appetronix has purchased another company developing robotics for restaurant kitchens in Vancouver’s Cibotica.
- [Canada’s new US economic advisory committee draws backlash from tech leaders](https://betakit.com/canadas-new-us-economic-advisory-committee-draws-backlash-from-tech-leaders/) - Build Canada, CCI, and others say the group needs tech sector representation.
- [Canadian Robotics Council creates committee to boost investment in domestic robots](https://betakit.com/canadian-robotics-council-creates-committee-to-boost-investment-in-domestic-robots/) - Founding members include BDC, Garage, Inovia, RBC, Two Small Fish, and Version One. Founding members include BDC, Garage, Inovia, RBC, Two Small Fish, and Version One.
- [Feds invest more than $8 million in defence production in Saskatchewan](https://betakit.com/feds-invest-more-than-8-million-in-defence-in-saskatchewan/) - Advanced manufacturing, AI drone command, and heavy-vehicle testing are all receiving support
- [Serenity Power announces $1 million pre-seed investment](https://betakit.com/serenity-power-announces-1-million-pre-seed-investment/) - Led by Avatar Ventures, the funding will aid in prototyping and expansion.
- [The Canada-to-Caribbean startup pipeline is real](https://betakit.com/the-canada-to-caribbean-startup-pipeline-is-real/) - Canadians share why the Cayman Islands’ legal stability, maturity, and global connectivity appeal to growing tech firms.
- [In AI, it’s US vs. the world](https://betakit.com/in-ai-its-us-vs-the-world/) - Plus: This Canadian company almost hired an AI candidate.
- [The man who helped build five generations of wireless retires from Ericsson’s Ottawa lab](https://betakit.com/the-man-who-helped-build-five-generations-of-wireless-retires-from-ericssons-ottawa-lab/) - Marcos Cavaletti helped guide the company into the 5G era. After 40 years, he’s finally logging off.
- [How StackAdapt quietly built an adtech giant](https://betakit.com/how-stackadapt-quietly-built-an-adtech-giant/) - On The BetaKit Podcast, StackAdapt CEO and co-founder Vitaly Pecherskiy says AI has changed what customers need from software.
- [Feds’ $6.6-billion Defence Industrial Strategy takes aim at building a “robust” Canadian defence sector](https://betakit.com/feds-6-6-billion-defence-industrial-strategy-takes-aim-at-building-a-robust-canadian-defence-sector/) - The Government of Canada has promised to prioritize buying Canadian, focusing on the country’s existing strengths, and picking domestic champions in its new Defence Industrial Strategy.
- [Alberta establishes new office to spur on IP development](https://betakit.com/alberta-establishes-new-office-to-spur-on-ip-development/) - The newly created office will operate out of Alberta Innovates as a nonprofit entity.
- [Cohere to acquire Germany’s Aleph Alpha in sovereign AI play](https://betakit.com/cohere-to-acquire-germanys-aleph-alpha-in-sovereign-ai-play/) - Combined company will bear Cohere name with Aidan Gomez leading as CEO.
- [Canadian life sciences is at a “generational moment,” but experts disagree on its future](https://betakit.com/canadian-life-sciences-is-at-a-generational-moment-but-experts-disagree-on-its-future/) - At MaRS Impact Health, leaders debate what the government should do to grow the sector.
- [Global payroll platform Borderless AI now lets employees get paid in crypto](https://betakit.com/global-payroll-platform-borderless-ai-now-lets-employees-get-paid-in-crypto/) - The Toronto startup says the tool aims to cut the hassle and cost of moving money after payroll lands.
- [BDC's new $500-million loan program will help smaller businesses adopt AI](https://betakit.com/bdcs-new-500-million-loan-program-will-help-smaller-businesses-adopt-ai/) - The LIFT initiative offers loans of up to $5 million for small and medium-sized enterprises to buy AI applications.
- [AgTech-turned-crypto company aims to build data centre near Calgary](https://betakit.com/agtech-turned-crypto-company-aims-to-build-data-centre-near-calgary/) - Avax One will spend as much as $35 million to develop the 10MW natural gas-powered facility.
- [Former Startup TNT leader launches coalition for Canada’s early-stage investors](https://betakit.com/former-startup-tnt-leader-launches-coalition-for-canadas-early-stage-investors/) - Former Startup TNT community lead Jesse Wiebe has launched the Canadian Startup Capital Association to bolster the country’s early-stage investment ecosystem.
- [Biossil exits stealth with $70 million USD to give failed medicines a second chance](https://betakit.com/biossil-exits-stealth-with-70-million-usd-to-give-failed-medicines-a-second-chance/) - The Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.
- [OpenTable gobbles up Canadian market share with Libro acquisition](https://betakit.com/opentable-gobbles-up-canadian-market-share-with-libro-acquisition/) - The Montréal-based restaurant reservation startup will continue as standalone brand.
- [We almost hired an AI candidate. Here’s what saved us](https://betakit.com/we-almost-hired-an-ai-candidate-heres-what-saved-us/) - Fatima Zaidi shares the red flags she spotted while dealing with an AI-generated applicant.
- [Carbonyx raises $1.2 million to turn mining waste into usable materials](https://betakit.com/carbonyx-raises-1-2-million-to-turn-mining-waste-into-usable-materials/) - The company's CEO says the true mission is to make carbon capture economically viable again.
- [ViewsML secures $4.9 million to help scientists virtually analyze tissue samples](https://betakit.com/viewsml-secures-4-9-million-to-help-scientists-virtually-analyze-tissue-samples/) - Wittington Ventures and Mayo Clinic back the startup’s plan to build the world’s first virtual biomarker library.
- [A&K Robotics closes $8-million Series A round to put self-driving pods in airports](https://betakit.com/ak-robotics-closes-8-million-series-a-round-to-put-self-driving-pods-in-airports/) - The Vancouver-based company plans to use the funding to move from pilots to permanent deployments.
- [What Live Nation’s antitrust loss could mean for one Canadian competitor](https://betakit.com/what-live-nations-antitrust-loss-could-mean-for-one-canadian-competitor/) - The CEO of Calgary’s Showpass says landmark monopoly ruling means new opportunities for competitors, venues, and fans.
- [Float launches agentic AI solution for corporate credit cards](https://betakit.com/float-launches-agentic-ai-solution-for-corporate-credit-cards/) - The Toronto-based FinTech firm says its new AI agent can take hours of bookkeeping off finance teams’ plates.
- [Q&A: Behind the scenes of Cohere’s new AI transcription model](https://betakit.com/qa-behind-the-scenes-of-coheres-new-ai-transcription-model/) - BetaKit talks to Cohere senior product manager Cassie Cao about its AI transcription model.
- [Harmix was a profitable music startup, before AI tools tempted it to build something new](https://betakit.com/harmix-was-a-profitable-music-startup-before-ai-tools-tempted-them-to-build-something-new/) - Toronto-based Harmix Group is expanding its music search engine business with an SMB AI play.
- [New app Think2Switch lets users control devices using their thoughts](https://betakit.com/calgary-startup-launches-mind-control-app-think2switch/) - Startup grew out of University of Calgary initiative.
- [Canadian Strategic Missions Corporation takes one small step to support life on the Moon](https://betakit.com/canadian-strategic-missions-corporation-takes-one-small-step-to-support-life-on-the-moon/) - The Waterloo company has won grant funding for its nuclear microreactor and water purification projects, including the $400,000 top prize at CSA's Aqualunar Challenge.
- [TechJutsu launches browser extension to bring MFA to the web](https://betakit.com/techjutsu-launches-browser-extension-to-bring-mfa-to-the-web/) - The cybersecurity company aims to protect users from “vishing” risks.
- [Mistral Venture Partners sets up shop in Alberta](https://betakit.com/mistral-venture-partners-sets-up-shop-in-alberta/) - Following fifth fund closure, VC firm eyes Calgary as the home base for a permanent Alberta expansion.
- [Dentistry gig work platform Fairly Staffing aims to help industry meet demand](https://betakit.com/dentistry-gig-work-platform-fairly-staffing-aims-to-help-industry-meet-demand/) - Edmonton startup announced new investment from Accelerate Fund.
- [Ontario can’t lead in AI if it won’t buy Ontario innovation](https://betakit.com/ontario-cant-lead-in-ai-if-it-wont-buy-ontario-innovation/) - Liam Gill argues Ontario needs to be a customer for AI, not just a talent factory.
- [Wealthsimple partners with Elon Musk’s X for direct stock trading via social media](https://betakit.com/wealthsimple-partners-with-elon-musks-x-for-direct-stock-trading-via-social-media/) - Stock tickers on X feeds will now link to FinTech trading platform for Canadian users.
- [Inside Wealthsimple’s “simple” effort to bring Canadian talent home](https://betakit.com/inside-wealthsimples-simple-effort-to-bring-canadian-talent-home/) - What started as a Canadian Thanksgiving dinner in San Francisco has attracted over 6,000 job applicants.
- [Turbopuffer doesn't want to be Canada's fastest-growing tech company](https://betakit.com/turbopuffer-doesnt-want-to-be-canadas-fastest-growing-tech-company/) - Plus: Cohere exec pledges AI firm will stay Canadian.
- [Ex-Shopify engineers raise fresh financing to scale Turbopuffer’s AI search](https://betakit.com/ex-shopify-engineers-raise-fresh-financing-to-scale-turbopuffers-ai-search/) - The Ottawa startup has secured funding from Lachy Groom and Joshua Kushner’s Thrive Capital.
- [Edmonton businesses get federal funding to automate homebuilding, manufacturing](https://betakit.com/edmonton-businesses-get-federal-funding-to-automate-homebuilding-manufacturing/) - Several projects include a focus on automating workflows, integrating AI.
- [Why the future of cross-border payments will be built through partnership ](https://betakit.com/why-the-future-of-cross-border-payments-will-be-built-through-partnership/) - Wise’s Lauren Langbridge writes that there’s a simple way to make international payments better.
- [NorthX invests $2.2 million in trio of BC wildfire tech startups](https://betakit.com/northx-invests-2-2-million-in-trio-of-bc-wildfire-tech-startups/) - NorthX Climate Tech announced more than $2.2 million worth of follow-on investments in a trio of British Columbia wildfire technology startups on Thursday.
- [SBQuantum nabs $4 million USD, new CEO as it preps for US expansion](https://betakit.com/sbquantum-nabs-4-million-usd-new-ceo-as-it-preps-to-bring-quantum-sensors-to-the-us/) - Sherbrooke, Québec’s SBQuantum has closed $4 million USD in seed funding, installed a new CEO, and established a sister entity as it preps to expand to the US.
- [Wattpad swaps presidents as Aron Levitz departs to build something new](https://betakit.com/wattpad-swaps-presidents-as-parent-webtoon-streamlines-its-operating-structure/) - Toronto-based online storytelling platform Wattpad has undergone a key leadership change: president Aron Levitz has departed and David Lee has taken over.
- [Xanadu stock trades halted five times on TSX in two days, following price spike](https://betakit.com/xanadu-tsx-stock-trading-briefly-halted-after-60-percent-price-spike/) - Toronto-based quantum company debuted on exchange just last month.
- [Mangrove Lithium announces $85-million USD financing to power critical mineral refinement for EVs](https://betakit.com/mangrove-lithium-announces-85-million-usd-financing-to-power-critical-mineral-refinement-for-evs/) - The Delta, BC cleantech company secured investment from the federal government, BMW iVentures, and Bill Gates’ Breakthrough Energy Ventures.
- [Canada opens applications to build a public AI supercomputer](https://betakit.com/canada-opens-applications-to-build-a-public-ai-supercomputer/) - Up to $890 million up for grabs to design, construct, and operate the system.
- [AppDirect acquires PartnerStack for upwards of $150 million USD](https://betakit.com/appdirect-acquires-partnerstack-to-build-unified-platform-for-partner-led-growth/) - Canadian-founded, San Francisco-based AppDirect has acquired Toronto’s PartnerStack, which provides partner relationship management software.
- [How to fix Canadian VC](https://betakit.com/how-to-fix-canadian-vc/) - Matt Roberts (RBCx), Jesse Wiebe (Startup TNT), and Ben Bergen (CVCA) join to discuss exactly what went wrong in Canadian venture, and how to fix it.
- [Common Wealth secures $12-million Series A to help deliver workplace retirement plans](https://betakit.com/common-wealth-secures-12-million-series-a-to-help-deliver-workplace-retirement-plans/) - Toronto-based FinTech startup Common Wealth, which provides workplace retirement plans to SMEs, has closed $12 million CAD in Series A financing.
- [Credo paid $92 million USD in cash to acquire Hyperlume, SEC filing reveals](https://betakit.com/credo-paid-92-million-usd-in-cash-to-acquire-hyperlume-sec-filing-reveals/) - San Jose-based chip firm Credo revealed it paid $92 million USD in 2025 to buy Hyperlume, an Ottawa startup making optical interconnects for AI data centres.
- [Industry Minister Mélanie Joly wants to see Nokia invest more in Canada](https://betakit.com/industry-minister-melanie-joly-wants-to-see-nokia-invest-more-in-canada/) - Joly sees the path to a “golden age” relationship Finland and Canada.
- [Cohere exec pledges AI firm will stay Canadian-headquartered amid merger reports](https://betakit.com/cohere-exec-pledges-ai-firm-will-stay-canadian-headquartered-amid-merger-reports/) - Cohere chief AI officer Joelle Pineau says the Toronto-based AI company intends to remain headquartered in Canada.
- [Kepler to lead testing of European Space Agency’s high-speed data network](https://betakit.com/kepler-to-lead-testing-of-european-space-agencys-high-speed-data-network/) - Toronto spacetech firm lands another European Space Agency contract for HydRON Element 3.
- [Ask an Investor: What's the difference between a board of directors and an advisory board?](https://betakit.com/ask-an-investor-whats-the-difference-between-a-board-of-directors-and-an-advisory-board/) - Roger tackles the question of the differences between a board of advisors and board of directors.
- [Community event platform Wygo secures nearly $1.6 million pre-seed](https://betakit.com/community-event-platform-wygo-secures-nearly-1-6-million-pre-seed/) - Wygo allows hosts to create events for an audience that wants to shift their social life offline.
- [Hootsuite founder Ryan Holmes returns as interim CEO](https://betakit.com/hootsuite-founder-ryan-holmes-returns-as-interim-ceo/) - Holmes replaces outgoing CEO Irina Novoselsky, just months after receiving backlash for ICE contract.
- [How Zoho is rethinking AI risk, context, and control in 2026](https://betakit.com/how-zoho-is-rethinking-ai-risk-context-and-control-in-2026/) - Zoho Canada’s managing director on how businesses can capture AI’s efficiency gains, without the headaches.
- [From student to VP, Solace’s Ghaith Dalla-Ali shows how startups can grow talent](https://betakit.com/from-student-to-vp-solaces-ghaith-dalla-ali-shows-how-startups-can-grow-talent/) - Solace combines mentorship and ICTC support to help students build skills that prepare them for leadership.
- [Cohere goes Deutsch?](https://betakit.com/cohere-goes-deutsch/) - The possibility of a merger raises questions about the value of the hundreds of millions of dollars Canada has poured into building up a sovereign AI stalwart.
- [pH7 wraps Series B as it readies to bring critical mineral extraction tech to mining](https://betakit.com/ph7-wraps-series-b-as-it-readies-to-bring-critical-mineral-extraction-tech-to-mining/) - Vancouver’s pH7 has closed its Series B at nearly $32 million USD, after securing another $6.2 million to commercialize its critical mineral extraction tech.
- [Former Alberta Innovates exec joins Toast as COO](https://betakit.com/former-alberta-innovates-exec-joins-toast-as-coo/) - Woman-focused talent recruitment platform recently launched not-for-profit division.
- [Jesse Wiebe built Startup TNT's agri-food arm. Now he's leaving to solve a larger problem](https://betakit.com/jesse-wiebe-built-startup-tnts-agri-food-arm-now-hes-leaving-to-solve-a-larger-problem/) - The Prairies entrepreneur and startup advocate says Canada is facing a crisis in early-stage capital formation.
- [Motorola acquires AI-based 911 call screening startup Hyper](https://betakit.com/motorola-acquires-ai-911-call-screening-startup-hyper/) - The deal comes less than a year after Hyper exited stealth.
- [BDC launches $150-million life sciences fund](https://betakit.com/bdc-launches-150-million-life-sciences-fund/) - Parimal Nathwani will manage the fund, which will directly invest in therapeutics and medical technology companies.
- [Canada’s spotty support for innovation is grounding its space ambitions](https://betakit.com/canadas-spotty-support-for-innovation-is-grounding-its-space-ambitions/) - Wyvern’s Kurtis Broda writes that the CSA needs to support moonshots from Canadian companies.
- [How new SR&ED changes could supercharge Canadian hard tech and manufacturing startups](https://betakit.com/how-new-sred-changes-could-supercharge-canadian-hard-tech-and-manufacturing-startups/) - Budget 2025 updates making capital expenditures eligible means now is the right time for tech companies with a physical footprint to reclaim their R&D investments.
- [Neo Financial becomes second FinTech to join Interac payment system](https://betakit.com/neo-financial-becomes-second-fintech-to-join-interac-payment-system/) - Interac expanded eligibility to payment service providers in September 2025.
- [Blackline Safety to go private in $850-million deal](https://betakit.com/blackline-safety-to-go-private-in-850-million-usd-deal/) - US-based Francisco Partners will lead the privatization of the TSX-listed industrial safety tech firm.
- [Toronto gets a new hub for accessibility innovation](https://betakit.com/toronto-gets-a-new-hub-for-accessibility-innovation/) - Access to Success says its new physical space will help founders build among peers.
- [Mappedin eyes city-wide indoor mapping with $24.5-million USD Series B round](https://betakit.com/mappedin-eyes-city-wide-indoor-mapping-with-24-5-million-series-b-round/) - The startup has mapped over 10 billion square feet of indoor space, from airports to stadiums and beyond.
- [Ex-AWS leaders bring Soma out of stealth with a plan to ease the data centre power crunch](https://betakit.com/ex-aws-leaders-bring-soma-out-of-stealth-with-a-plan-to-ease-the-data-centre-power-crunch/) - Soma Energy has raised $7 million USD for its AI-powered optimization for electricity infrastucture.
- [GridBank raises $6-million seed round to monetize the videos in your camera roll](https://betakit.com/gridbank-raises-6-million-to-monetize-the-videos-in-your-camera-roll/) - Users can upload videos while brands pay to use the organic content.
- [How Sonibel can hear when a welder makes a mistake](https://betakit.com/how-sonibel-can-hear-when-a-welder-makes-a-mistake/) - UBC grads raise $1.6 million USD for acoustic sensor that identifies errors while you weld.
- [Claude’s source code leak has permanently changed the AI race](https://betakit.com/claudes-source-code-leak-has-permanently-changed-the-ai-race/) - Alistair Vigier writes that innovation needs visibility to succeed.
- [Canada’s next moonshot?](https://betakit.com/canadas-next-moonshot/) - Plus: Saskatchewan goes quantum.
- [Why many of Canada’s tech centaurs are in no rush to go public](https://betakit.com/why-many-of-canadas-tech-centaurs-are-in-no-rush-to-go-public/) - Leaders from Clio, GeoComply, Wealthsimple, and others talk IPOs and the “SaaSpocalypse.”
- [Feds put nearly $29 million toward cleantech projects across Canada](https://betakit.com/feds-put-nearly-29-million-toward-cleantech-projects-across-canada/) - Some of the funded projects include solar research in Red Deer and two Saskatchewan projects studying carbon capture technology.
- [Feds invest $79 million in Aspect Biosystems to develop 3D-printed tissue treatment](https://betakit.com/feds-invest-79-million-in-aspect-biosystems-to-develop-3d-printed-tissue-treatment/) - Investment supports $280 million project to “significantly enhance” Aspect’s clinical development capabilities.
- [Venture studio AXL appoints fellows from Nvidia, NASA, Samsung](https://betakit.com/venture-studio-axl-appoints-fellows-from-nvidia-nasa-samsung/) - Toronto-based AXL is adding nine senior scientists from U of T to mentor its startups as they scale from pilots to real-world deployment.
- [Carbon Upcycling secures up to $10 million USD as it chases cleaner concrete](https://betakit.com/carbon-upcycling-secures-up-to-10-million-usd-as-it-chases-cleaner-concrete/) - The cleantech firm plans to put the capital toward its first commercial project in Mississauga.
- [Feds invest over $16 million in trio of Prairies-based cleantech research projects](https://betakit.com/feds-invest-over-16-million-in-trio-of-prairies-based-cleantech-research-projects/) - Natural Resources Canada’s Energy Innovation Program is investing more than $16 million in three cleantech research initiatives across Alberta and Saskatchewan.
- [Q&A: Clearpath Robotics’ Ryan Gariepy on killer robots and Canada’s defence strategy](https://betakit.com/qa-clearpath-robotics-ryan-gariepy-on-killer-robots-and-canadas-defence-strategy/) - The industry leader says Canada is leaving opportunity on the table in robotics.
- [Aretek is printing a new path for the construction industry](https://betakit.com/aretek-is-printing-a-new-path-for-the-construction-industry/) - Markham’s tech sector is helping Aretek produce the data regulators need to greenlight 3D printing in construction.
- [The Canadians behind Artemis II’s historic moon mission](https://betakit.com/the-canadians-behind-artemis-iis-historic-moon-mission/) - When Jeremy Hansen takes off, here’s how Canada will be supporting from the ground.
- [NGen announces nearly $80 million for Canadian manufacturers to adopt AI](https://betakit.com/ngen-announces-nearly-80-million-for-canadian-manufacturers-to-adopt-ai/) - The funding comes from industry partners and through the government's Pan-Canadian AI Strategy.
- [Lockheed Martin Canada invests $3.6 million into Lemay.ai](https://betakit.com/lockheed-martin-canada-invests-3-6-million-into-lemay-ai/) - The project supports AI R&D for predictive maintenance, supply chain optimization, and “sovereign knowledge management.”
- [Canada’s budget bill is finally law. Here’s what that means for innovation](https://betakit.com/canadas-budget-bill-is-finally-law-heres-what-that-means-for-innovation/) - Bryan Watson breaks down the potential to bolster Canadian productivity in Canada’s new budget.
- [Repay will buy billing platform Kubra for $372 million USD](https://betakit.com/repay-will-buy-billing-platform-kubra-for-372-million-usd/) - Combined company expected to process $130 billion in annual payment volume.
- [Canada’s first full-stack, university-owned quantum computer comes to USask](https://betakit.com/canadas-first-full-stack-university-owned-quantum-computer-comes-to-usask/) - The quantum computer will be operated by the Centre for Quantum Topology and Its Applications.
- [Relocalize to build fully autonomous “dark” microfactory in Montréal](https://betakit.com/relocalize-to-build-fully-autonomous-dark-microfactory-in-montreal/) - The startup is opening a sustainable microfactory for water cold packs that will run in complete darkness.
- [NACO wants feds to use $750 million in VC funding to back startups earlier](https://betakit.com/naco-wants-feds-to-use-their-750-million-in-vc-funding-to-back-startups-earlier/) - The angel investor group is proposing early-stage fund matching and infrastructure programs as part of the federal government's VC strategy.
- [ContactMonkey founder steps down after 16 years, former Intuit leader to be next CEO](https://betakit.com/contactmonkey-founder-steps-down-after-16-years-former-intuit-leader-to-be-next-ceo/) - Jeff Cates had former leadership roles at Intuit Canada, Apple, and HP.
- [ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand](https://betakit.com/thinklabs-secures-28-million-usd-series-a-to-help-power-grids-manage-data-centre-demand/) - The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
- [The small Saskatchewan city putting big money behind rural tech founders](https://betakit.com/the-small-saskatchewan-city-putting-big-money-behind-rural-tech-founders/) - Rural startups will make their case in Estevan’s third rural pitch competition.
- [SBQuantum wants to help the world navigate in a post-GPS era](https://betakit.com/sbquantum-wants-to-help-the-world-navigate-in-a-post-gps-world/) - The Québec deeptech startup has sent its quantum sensor into space to monitor Earth’s magnetic field.
- [Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”](https://betakit.com/canadian-vcs-are-starting-to-fear-an-ai-driven-saaspocalypse/) - At CIX Summit’s Investor Forum, VCs grappled with AI's impact on an already tough market.
- [Hopper’s tech will power RBC’s travel reward program](https://betakit.com/hoppers-tech-will-power-rbcs-travel-reward-program/) - The Montréal company landed the deal shortly after a shakeup in its partnership with Capital One.
- [Wealthsimple gets regulatory approval to enter prediction markets](https://betakit.com/wealthsimple-gets-regulatory-approval-to-enter-prediction-markets/) - The Toronto FinTech firm has cleared the initial hurdle to enter the controversial trading category popularized by firms like Kalshi and Polymarket.
- [Why SimplyCast bet early on student talent](https://betakit.com/why-simplycast-bet-early-on-student-talent/) - What started as a founder’s commitment to youth employment now drives product development at SimplyCast.
- [Will Xanadu lead Canadian tech back to public markets?](https://betakit.com/will-xanadu-lead-canadian-tech-back-to-public-markets/) - Plus: Canadian VCs fear an AI-driven “SaaSpocalypse.”
- [Xanadu makes solid debut as it begins trading on TSX and Nasdaq](https://betakit.com/xanadu-begins-trading-on-the-tsx-and-nasdaq/) - The Toronto-based quantum company is the first new Canadian tech firm to list on the TSX since 2021.
- [More than $6 million in federal defence funding bound for Alberta](https://betakit.com/more-than-6-million-in-federal-defence-funding-bound-for-alberta/) - The funding will support Edmonton’s Wyvern and the establishment of a new commercialization centre at the U of A.
- [Mila teams up with Mozilla to build open-source AI tools](https://betakit.com/mila-teams-up-with-mozilla-to-build-open-source-ai-tools/) - The Firefox maker is investing an initial $1 million into the partnership with Montréal's AI institute.
- [Feds reveal streams behind $1-billion VC initiative as budget becomes law](https://betakit.com/feds-reveal-streams-behind-1-billion-vc-initiative-as-budget-becomes-law/) - The government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
- [Defence tech founder warns Canada is getting “wishy-washy” about defining sovereignty](https://betakit.com/defence-tech-founder-warns-canada-is-getting-wishy-washy-about-defining-sovereignty/) - At CIX Summit, Sentinel R&D CEO Kath Intson argued that Canada must do more than onshore other companies’ capabilities.
- [OpenText lays off four percent of its global workforce](https://betakit.com/opentext-employees-report-job-cuts-tied-to-apparent-restructuring/) - The cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
- [Ecolab to acquire CoolIT Systems for $4.75 billion USD](https://betakit.com/ecolab-to-acquire-coolit-systems-for-4-75-billion-usd/) - Acquisition of Calgary cooling systems manufacturer will be finalized in third quarter of 2026.
- [Opendoor hiring in Canada as it looks to make Toronto a “major hub”](https://betakit.com/opendoor-hiring-in-canada-as-it-looks-to-make-toronto-a-major-hub/) - Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
- [Chexy raises $14 million Series A led by Khosla Ventures](https://betakit.com/chexy-raises-14-million-series-a-led-by-khosla-ventures/) - The rewards platform plans to expand from rent rewards into a broader payments platform for households and small businesses.
- [Canada could still win the AI race](https://betakit.com/canada-could-still-win-the-ai-race/) - AI experts argue the country’s structural advantages are finally becoming urgent strategic assets.
- [CAAIN launches $9-million open competition to support AgTech innovation](https://betakit.com/caain-launches-9-million-open-competition-to-support-agtech-innovation/) - The competition aims to bridge the divide between innovation and commercial adoption.
- [Denvr signs two defence deals to deepen sovereign AI push in Canada](https://betakit.com/denvr-partners-with-dominion-dynamics-on-drone-development/) - The Calgary company has teamed up with Dominion Dynamics on drone simulation and Sapper Labs on intelligence and cyber defence.
- [Jacqueline Loch joins BetaKit as General Manager](https://betakit.com/jacqueline-loch-joins-betakit-as-general-manager/) - Experienced media operator Jacqueline Loch joins the award-winning publication of record for Canadian tech.
- [Miraterra announces $16 million to advance its soil measurement tech](https://betakit.com/miraterra-announces-16-million-to-advance-its-soil-measurement-tech/) - Vancouver-based AgTech company Miraterra has secured a $16-million CAD seed extension to refine its soil measurement technology and bring it to more customers.
- [MaRS Impact Health returns to showcase Canada's next big healthcare breakthroughs](https://betakit.com/mars-impact-health-returns-to-showcase-canadas-next-big-healthcare-breakthroughs/) - The annual summit will highlight some of Canada’s most promising life science and healthtech startups on April 23.
- [Cohere teams up with Swedish defence firm Saab on AI for surveillance jets](https://betakit.com/cohere-teams-up-with-swedish-defence-firm-saab-on-ai-for-surveillance-jets/) - The agreement marks the latest step in Cohere’s push to integrate its AI into defence technology.
- [UBC and InBC launch new fund to support university spinouts](https://betakit.com/ubc-and-inbc-launch-new-fund-to-support-university-spinouts/) - Private capital will add to $10-million contributions from both UBC and InBC.
- [Calgary’s new cleantech research centre gets $4.25-million boost from federal government](https://betakit.com/calgarys-new-cleantech-research-centre-gets-4-25-million-boost-from-federal-government/) - The investment from CFI will help CeFar improve low-carbon technologies like batteries and fuel cells.
- [Online legal database CanLII and AI startup Caseway settle copyright dispute](https://betakit.com/online-legal-database-canlii-and-ai-startup-caseway-settle-copyright-dispute/) - The settlement terms are confidential but both parties say they will move forward independently.
- [BKR Capital secures initial $20 million for second Black Innovation Fund](https://betakit.com/bkr-capital-secures-initial-20-million-for-second-black-innovation-fund/) - The firm is aiming to address growing the VC funding gap for Black founders in Canada.
- [Canada’s moment to build is now](https://betakit.com/canadas-moment-to-build-is-now/) - Plus: Another Turing Award win for Canada.
- [BetaKit Most Ambitious returns on May 25](https://betakit.com/betakit-most-ambitious-2026-may-25/) - BetaKit Most Ambitious will spotlight Canadian innovators strengthening the nation’s autonomy, security, and prosperity.
- [Defence and housing take centre stage at N3 Summit](https://betakit.com/defence-and-housing-take-centre-stage-at-n3-summit/) - Canada’s flagship advanced manufacturing summit will bring together leaders across defence, housing, AI, robotics, and more.
- [Xanadu set to go public as SPAC deal clears shareholder vote](https://betakit.com/xanadu-set-to-go-public-as-spac-deal-clears-shareholder-vote/) - the quantum firm will be the first Canadian tech company to list on the TSX since 2021.
- [Five Canadian scaleups crack Thrive Top 50 AgTech Companies list](https://betakit.com/five-canadian-scaleups-crack-thrive-top-50-agtech-companies-list/) - 4AG Robotics, BinSentry, Vive Crop Protection, Milk Moovement, and Entosystem were recognized as some of the “most innovative scaleups" in the sector.
- [Platform Calgary appoints Jennifer Lussier as CEO](https://betakit.com/platform-calgary-appoints-jennifer-lussier-ceo/) - The organization's former COO and VP of growth takes over after serving in the interim role since October.
- [Montréal computer scientist Gilles Brassard wins Turing Award for quantum discoveries](https://betakit.com/montreal-computer-scientist-gilles-brassard-wins-turing-award-for-quantum-discoveries/) - The Université de Montréal professor was honoured alongside US physicist Charles H. Bennett.
- [“We're in a moment in Canada”: Solomon brings AI pitch to Platform Calgary](https://betakit.com/were-in-a-moment-in-canada-solomon-brings-ai-pitch-to-calgary/) - Canada's AI minister says the government's updated AI strategy will benefit everyone, not just “tech bros.”
- [Three Alberta genomics projects land federal funding](https://betakit.com/three-alberta-genomics-projects-land-federal-funding/) - The funding is part of a $20-million nationwide investment into genomics research.
- [1Password launches new platform to rein in companies’ AI agents](https://betakit.com/1password-launches-new-platform-to-rein-in-companies-ai-agents/) - The Unified Access Platform helps businesses deploy autonomous AI without losing control of their credentials.
- [YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI](https://betakit.com/yscope-closes-3-9-million-usd-to-track-computer-activity-amid-the-rise-of-agentic-ai/) - Two Small Fish backs the University of Toronto spinout’s logging infrastructure technology.
- [Feds commit nearly $225 million to advance Canada’s sovereign space launch capabilities](https://betakit.com/feds-commit-nearly-225-million-to-advance-canadas-sovereign-space-launch-capabilities/) - Ottawa bets on Canadian rocket launches with $200-million Canso spaceport deal and more for new grants.
- [Tailscale makes first acquisition with Border0 purchase](https://betakit.com/tailscale-makes-first-acquisition-with-border0-purchase/) - The Toronto-based Corporate VPN startup will expand its Vancouver footprint as it absorbs entire Border0 team.
- [How Ontario’s innovation hubs scale startups across the province](https://betakit.com/how-ontarios-innovation-hubs-scale-startups-across-the-province/) - Regional innovation hubs like Innovation Factory are proof that human networks drive commercialization.
- [Nick Frosst and Tobi Lütke among Homecoming highlights as Toronto Tech Week unveils 2026 event calendar](https://betakit.com/nick-frosst-and-tobi-lutke-among-homecoming-highlights-as-toronto-tech-week-unveils-2026-event-calendar/) - More than 15,000 people expected to attend over 300 events in TTW’s return this May.
- [PrairiesCan puts nearly $1 million behind SK Startup Institute for entrepreneur training and mentorship](https://betakit.com/prairiescan-puts-nearly-1-million-behind-sk-startup-institute-for-entrepreneur-training-and-mentorship/) - Money comes through PrairiesCan’s Regional Innovation Ecosystem Program.
- [Paving the way for a Canadian defence-tech boom](https://betakit.com/paving-the-way-for-a-canadian-defence-tech-boom/) - Plus: BetaKit Most Ambitious returns on May 25.
- [Walter acquired by Legora as legaltech sector consolidation continues](https://betakit.com/walter-acquired-by-legora-as-legaltech-sector-consolidation-intensifies/) - Walter team will join Swedish giant to rebuild company's core technology into Legora's platform.
- [Citing market conditions, Loopio cuts 12 percent of staff](https://betakit.com/citing-market-conditions-loopio-cuts-12-percent-of-staff/) - The Toronto-based company says the move is focused on sustainable growth.
- [Wyvern launches international partnerships in Agtech, oil and gas](https://betakit.com/wyvern-launches-international-partnerships-in-agtech-oil-and-gas/) - The Edmonton satellite imaging company has signed deals with US-based Orbital Advisors and the Saudi government-backed Neo Space.Group.
- [University of Calgary researchers use AI to hunt new treatments for cattle parasites](https://betakit.com/university-of-calgary-researchers-use-ai-to-hunt-new-treatments-for-cattle-parasites/) - The team has secured a $1.4-million NSERC grant for further development and validation of its tools.
- [Femtum thinks its semiconductor cutting lasers are better than yours](https://betakit.com/femtum-thinks-its-semiconductor-cutting-lasers-are-better-than-yours/) - The Québec startup has raised $16 million to get its “practical” lasers inside more semiconductor manufacturers.
- [RBC acquires Pinch Financial to streamline its mortgage process](https://betakit.com/rbc-acquires-pinch-financial-to-streamline-its-mortgage-process/) - Pinch will reportedly operate independently and continue serving non-RBC clients post-merger.
- [Manitoba launches AI consultations as it weighs tougher privacy and youth protections](https://betakit.com/manitoba-launches-ai-consultations-as-it-weighs-tougher-privacy-and-youth-protections/) - Minister Mike Moroz says new policy could include opt-in consent rules and possible age limits for AI access.
- [Xanadu in talks with government over potential $390 million for domestic quantum manufacturing](https://betakit.com/xanadu-in-talks-with-government-over-potential-390-million-for-domestic-quantum-manufacturing/) - Project OPTIMISM would “significantly advance” Xanadu's roadmap toward utility-scale quantum computing.
- [Gumloop sticks $50-million USD Series B round to let employees build their own AI agents](https://betakit.com/vancouver-founded-gumloop-sticks-50-million-usd-series-b-round-to-let-employees-build-their-own-ai-agents/) - Despite leaving for San Francisco last year, Gumloop wants to rebuild its Canadian presence.
- [MDA Space seeks $300 million USD through IPO on New York Stock Exchange](https://betakit.com/mda-space-seeks-300-million-usd-through-ipo-on-new-york-stock-exchange/) - The firm will keep its TSX listing as it raises capital for growth and a potential debt paydown.
- [NanoTess lands Embecta deal to put its tech in 14,000 Canadian pharmacies](https://betakit.com/nanotess-lands-embecta-deal-to-put-its-tech-in-14000-canadian-pharmacies/) - The Calgary startup’s NanoSALV gel helps chronic wounds heal faster.
- [Alan raises fresh funding as it entrenches in Canada](https://betakit.com/alan-raises-fresh-funding-as-it-entrenches-in-canada/) - The French Insurtech firm has raised 100 million euros to continue its international expansion.
- [OSFI’s Fast Track framework is a wake-up call for Canadian banks](https://betakit.com/osfis-fast-track-framework-is-a-wake-up-call-for-canadian-banks/) - The former Peoples Group CEO says FinTechs and challenger banks now have a clearer path forward.
- [Ontario Teachers’ venture growth portfolio posts 30 percent gains in 2025](https://betakit.com/ontario-teachers-venture-growth-portfolio-posts-30-percent-return-in-2025/) - As SpaceX and Databricks soared, private equity dragged on the pension fund’s returns.
- [Plurilock eliminates CTO and COO, cuts exec pay as part of profitability push](https://betakit.com/plurilock-chases-profitability-by-eliminating-cto-and-coo-and-cutting-exec-pay/) - the Victoria-based cybersecurity company hopes to achieve breakeven this year.
- ["When you deal with advanced technology, science fiction is not too far off."](https://betakit.com/when-you-deal-with-advanced-technology-science-fiction-is-not-too-far-off/) - Calgary-based VizworX tackles complex R&D challenges while streamlining SR&ED claims.
- [Dominion Dynamics says it will invest $50 million to build a “sovereign autonomous wingman”](https://betakit.com/dominion-dynamics-says-it-will-invest-50-million-to-build-a-sovereign-autonomous-wingman/) - The uncrewed aircraft will be designed to fly alongside and support crewed fighters.
- [Feds say TikTok can continue Canadian operations, but under new rules](https://betakit.com/feds-say-tiktok-can-continue-canadian-operations-but-under-new-rules/) - After a national security review, the government reversed course on proposed ban of social media company’s Canadian operations.
- [Google for Startups Accelerator reveals 14 “AI-driven” companies in its Canadian cohort](https://betakit.com/google-for-startups-accelerator-unveils-14-ai-driven-companies-in-its-canadian-cohort/) - The class of 2026 marks the first time the 10-week program has hosted a startup from Sudbury.
- [Ottawa gives NRC $900 million for drone innovation hub and defence-focused IRAP stream](https://betakit.com/ottawa-gives-nrc-900-million-for-drone-innovation-hub-and-defence-focused-irap-stream/) - The commitment is part of the federal government's newly announced, $6.6-billion Defence Industrial Strategy.
- [Janet Bannister’s Staircase Ventures closes $50-million second fund](https://betakit.com/janet-bannisters-staircase-ventures-closes-50-million-second-fund/) - BDC Capital, University of Alberta, InBC join early-stage Toronto VC firm’s LP base.
- [Syantra’s breast cancer blood test isn’t looking for cancer at all](https://betakit.com/syantras-breast-cancer-blood-test-isnt-looking-for-cancer-at-all/) - The Calgary startup is planning a summer launch for Onco-ID, its breast cancer test that's built around immune signals.
- [The compound impact of AI on the labour market](https://betakit.com/the-compound-impact-of-ai-on-the-labour-market/) - Plus: Wealthsimple’s new first, Dominion Dynamics’ new wingman.
- [Alberta’s technology minister continues data centre courtship at Digital Innovation Forum](https://betakit.com/albertas-technology-minister-continues-data-centre-courtship-at-digital-innovation-forum/) - Nate Glubish pitches the province's energy, low taxes, and cool climate.
- [UniUni raises $85 million USD as it scales gig-powered delivery across North America](https://betakit.com/uniuni-raises-85-million-usd-as-it-scales-gig-powered-delivery-across-north-america/) - Beijing-based private equity firm Rockets Capital led the $30-million equity round, while RBC provided a $55-million credit facility.
- [Svante buys Alberta’s Carbon Alpha Corp.](https://betakit.com/svante-buys-albertas-carbon-alpha-corp/) - The deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake.
- [CVCA and NACO offer competing visions for feds’ $750-million venture envelope](https://betakit.com/cvca-and-naco-offer-competing-visions-for-feds-750-million-venture-envelope/) - As the feds decide how to deploy the $750 million CAD for “early growth-stage funding gaps,” CVCA and NACO have differing visions on how it should be allocated.
- [Wealthsimple becomes first Canadian FinTech to join SWIFT network](https://betakit.com/wealthsimple-becomes-first-canadian-fintech-to-join-swift-network/) - The move continues the Toronto firm’s push into international payments.
- [OpenAI sets new safety standards following Solomon meeting and pressure over Tumbler Ridge response](https://betakit.com/openai-sets-new-safety-standards-following-solomon-meeting-and-pressure-over-tumbler-ridge-response/) - After meeting with CEO Sam Altman, Canada’s AI minister says OpenAI is taking “immediate actions.”
- [Versos wants to turn video libraries into fuel for AI training](https://betakit.com/versos-wants-to-turn-video-libraries-into-fuel-for-ai-training/) - The New Brunswick startup has launched a platform that can turn studios’ videos into structured, AI-ready datasets.
- [Blackline Safety pairs connected gas detection with K9 leak hunting](https://betakit.com/blackline-safety-pairs-connected-gas-detection-with-k9-leak-hunting/) - Harness-mounted G6 devices log GPS-tagged readings to validate detections along pipelines.
- [What’s powering the algorithm that gets you a good night’s sleep?](https://betakit.com/whats-powering-the-algorithm-that-gets-you-a-good-nights-sleep/) - How NovaResp is using student talent and AI to improve sleep apnea therapy.
- [Spellbook looks to scoop up legal AI competitors with $40-million USD in debt financing](https://betakit.com/on-track-to-hit-100-million-usd-arr-spellbook-partners-with-canadian-bar-association/) - Legaltech startup was named exclusive AI partner of Canadian Bar Association this week.
- [Manitoba looks to spur more investment with tax credit ceiling raise](https://betakit.com/manitoba-looks-to-spur-more-investment-with-tax-credit-ceiling-raise/) - Starting in April, the province's small business venture capital tax credit will be capped at $30 million.
- [Landing Zones Canada’s AI-enhanced drones get upgrade with $1.1-million investment](https://betakit.com/landing-zones-canadas-ai-enhanced-drones-get-upgrade-with-1-1-million-investment/) - PrairiesCan funding will help Medicine Hat company enhance its autonomous high-altitude drones.
- [How Stay22 went from pandemic freefall to one of Montréal tech’s biggest growth stories](https://betakit.com/how-stay22-went-from-pandemic-freefall-to-one-of-montreal-techs-biggest-growth-stories/) - After losing 90 percent of its revenue in 2020, the travel tech startup has secured a $122-million USD investment from Summit Partners.
- [The quiet militarization of Canadian AI](https://betakit.com/the-quiet-militarization-of-canadian-ai/) - Canadian AI styles itself as ethical but is slowly reorienting towards dual-use and military technology.
- [Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects](https://betakit.com/ottawa-puts-8-5-million-behind-40-atlantic-canadian-ai-projects/) - Evan Solomon announces support for Université de Moncton, Volta Labs, Digital Nova Scotia, and others.
- [NationGraph raises $18 million USD to bring AI to the black box of government contracting](https://betakit.com/nationgraph-raises-18-million-usd-to-bring-ai-to-the-black-box-of-government-contracting/) - The Canadian co-founded startup is building AI intel platform for teams selling to governments.
- [Canada’s small businesses felt the “true cost of a fractured global economy” in late 2025](https://betakit.com/canadas-small-businesses-felt-the-true-cost-of-a-fractured-global-economy-at-the-end-of-2025/) - A Xero report shows largest quarterly decline in sales growth since fall 2020.
- [Damon CEO, CFO, and board resign following prolonged struggle on public markets](https://betakit.com/damon-motors-ceo-cfo-and-board-resign-following-prolonged-struggle-on-public-markets/) - The company’s future is uncertain as more than 3,000 people are still waiting for a Damon electric motorcycle.
- [Evan Solomon will meet Sam Altman as OpenAI faces pressure over Tumbler Ridge response](https://betakit.com/openai-says-it-would-have-reported-tumbler-ridge-shooter-to-police-in-hindsight/) - The meeting comes after OpenAI revealed it would have reported the shooter to police in hindsight.
- [Québec government invests $36 million to sustain Mila's AI research](https://betakit.com/quebec-government-invests-36-million-to-sustain-milas-ai-research/) - The funding comes through Québec’s five-year innovation strategy.
- [CCI wants governments to buy more Canadian healthtech](https://betakit.com/cci-wants-governments-to-buy-more-canadian-healthtech/) - The tech advocacy group urges an overhaul of procurement and data management to support domestic companies.
- [Reflections from a 10-year entrepreneur](https://betakit.com/reflections-from-a-10-year-entrepreneur/) - Plus: Solomon and Sam Altman to discuss OpenAI's connection to Tumbler Ridge tragedy.
- [Ottawa makes first RDII investments in Ontario with $15 million for CDL Defence and Wolf Advanced Technology](https://betakit.com/ottawa-makes-first-rdii-investments-in-ontario-with-15-million-for-cdl-defence-and-wolf-advanced-technology/) - The money will support CDL’s defence accelerator and Wolf’s high-performance computing systems.
- [Rally festival tells doom-scrolling teens “it’s okay to be unavailable” online](https://betakit.com/rally-festival-tells-doom-scrolling-teens-its-okay-to-be-unavailable-online/) - From screen time to chatbots, new Toronto festival helps young Canadians reclaim control of their digital lives.
- [OpenAI connection to Tumbler Ridge tragedy puts balance between privacy and public safety in the spotlight](https://betakit.com/openai-connection-to-tumbler-ridge-tragedy-puts-balance-between-privacy-and-public-safety-in-the-spotlight/) - OpenAI’s choice not to alert police of its concerns about a user that became a mass shooter has raised privacy, surveillance, and public safety questions.
- [YSpace, York University open the door between Canada and Korea’s tech ecosystem](https://betakit.com/yspace-york-university-open-the-door-between-canada-and-koreas-tech-ecosystem/) - New agreements between the two aligned tech economies will help founders access research, capital, and global markets.
- [Real estate investment platform Addy enters restructuring one year after fine from regulators](https://betakit.com/real-estate-investment-platform-addy-enters-restructuring-one-year-after-fine-from-regulators/) - Addy’s crowdfunding approach aimed to democratize access to real estate investments.
- [How PeerSupport.io is helping Yukon docs send referrals using only their voice](https://betakit.com/how-peersupport-io-is-helping-yukon-docs-send-referrals-using-only-their-voice/) - Clinicians can tell CoWork to send referrals, renew prescriptions, finish notes, and more.
- [Three Regina research projects receive ISF funding from Innovation Saskatchewan](https://betakit.com/three-regina-research-projects-receive-isf-funding-from-innovation-saskatchewan/) - The nearly $460,000 will support research into water security, environmental sustainability, and antimicrobial resistance.
- [Bubble Technology Industries awarded contract to detect space radiation for astronauts](https://betakit.com/bubble-technology-industries-awarded-contract-to-detect-space-radiation-for-astronauts/) - The Ontario defence and aerospace firm will receive $5.5 million from Canadian Space Agency.
- [U of T taps BioLabs to take over incubator after Johnson & Johnson pulls support](https://betakit.com/u-of-t-taps-biolabs-to-take-over-incubator-after-johnson-johnson-pulls-support/) - The university says the partnership ensures that the more than 30 early-stage startups under JLabs can continue their work.
- [NordSpace launches venture arm with strategic investment in Wyvern](https://betakit.com/nordspace-launches-venture-arm-with-strategic-investment-in-wyvern/) - Edmonton satellite company says the investment will advance its next-generation Rosette satellites.
- [Private equity firm Novacap closes seventh and largest tech fund](https://betakit.com/private-equity-firm-novacap-closes-seventh-and-largest-tech-fund/) - The nearly $3.8-billion USD fund continues Novacap's “disciplined” tech buyout strategy.
- [Business leaders urge Ottawa to extend employee ownership tax incentive](https://betakit.com/business-leaders-urge-ottawa-to-extend-employee-ownership-tax-incentive/) - A short-lived tax break that encourages founders to sell to their employees is set to expire this year.
- [Parabellyx is preparing businesses for digital warfare](https://betakit.com/parabellyx-is-preparing-businesses-for-digital-warfare/) - The startup has joined the Cyber Challenge to scale its continuous security testing platform.
- [The new alliance positioning Edmonton as a Canadian defence hub](https://betakit.com/the-new-alliance-positioning-edmonton-as-a-canadian-defence-hub/) - The Edmonton Region Defence Alliance presents a united front in pursuit of federal defence contracts.
- [Can Canada find digital sovereignty in the Fediverse?](https://betakit.com/can-canada-find-digital-sovereignty-in-the-fediverse/) - At FediMTL, advocates say growing the social web is vital to combating Big Tech.
- [CoeusAI establishes Dutch HQ after landing major offshore energy gig](https://betakit.com/coeusai-establishes-dutch-hq-after-landing-major-offshore-energy-gig/) - The Kitchener-Waterloo startup will use AI to help the Netherlands turn the North Sea into "Europe's green power plant."
- [As vacancies rise, Padder aims to insure rent payments for tenants who may not fit the traditional mould](https://betakit.com/as-vacancies-rise-padder-aims-to-insure-rent-payments-for-tenants-who-may-not-fit-the-traditional-mould/) - Former Zensurance employee looks to bring “guarantor-as-a-service” offering to Ontario.
- [L-Spark completes its first cohort as a corporate accelerator](https://betakit.com/l-spark-completes-its-first-cohort-as-a-corporate-accelerator/) - Executive director sees more to do after eight companies make inroads to telecom giant Mitel.
- [Alberta-made robots are helping keep this Vancouver shipyard safe](https://betakit.com/alberta-made-robots-are-helping-keep-this-vancouver-shipyard-safe/) - Confined Space Robotics has partnered with Seaspan Shipyards to make working in tight spaces less dangerous.
- [Neo Financial partners with United Airlines to launch credit card](https://betakit.com/neo-financial-partners-with-united-airlines-to-launch-credit-card/) - The fintech company beat out several larger banks to land the deal.
- [How to fix Canada's Start-up Visa](https://betakit.com/how-to-fix-the-start-up-visa/) - Boris Wertz and Lucy Hargreaves discuss what a 10 to 35-year wait says about Canada's capacity to attract entrepreneurial talent.
- [Sluggish growth, lost value: what decades of data reveal about Canada’s early-stage funding gap](https://betakit.com/sluggish-growth-lost-value-what-decades-of-data-reveal-about-canadas-early-stage-funding-gap/) - A report from NACO and Startup Genome report argues that Canada's tech ecosystem lost $66 billion in value.
- [New trade association aims to give domestic SMBs a shot in Canada’s “defence renaissance”](https://betakit.com/new-trade-association-aims-to-give-domestic-smbs-a-shot-in-canadas-defence-renaissance/) - As Canada rearms itself, a group of Canadian defence tech leaders have joined forces to launch a new trade association to represent domestic firms.
- [Loop aims to make screen-scraping obsolete for business accounts](https://betakit.com/loop-aims-to-make-screen-scraping-obsolete-for-business-accounts/) - The Toronto FinTech tis targeting enterprise accounts as it waits for open banking legislation.
- [A16z speedrun alum General Magic secures $7.2 million USD to make calling your insurance company less of a slog](https://betakit.com/a16z-speedrun-alum-general-magic-secures-7-2-million-usd-to-make-calling-your-insurance-company-less-of-a-slog/) - The Toronto startup’s AI agents communicate with insurance companies' customers through text message.
- [What I learned from trying to buy only Canadian tech](https://betakit.com/what-i-learned-from-trying-to-buy-only-canadian-tech/) - In 2017, I tried to build a company using only Canadian tech. Here's what's changed a decade later.
- [Canada’s tech talent crunch is about access, not availability](https://betakit.com/canadas-tech-talent-crunch-is-about-access-not-availability/) - At a Vancouver panel, industry leaders say talented workers aren’t getting matched to opportunities in Canada.
- [Cohere co-founder Nick Frosst wants to build more Canadian, less Silicon Valley-centric AI](https://betakit.com/cohere-co-founder-nick-frosst-wants-to-build-more-canadian-less-silicon-valley-centric-ai/) - Frosst talked efficiency, AGI, and his band Good Kid at AI conference and recent media dinner.
- [Capital concentrates as Canadian VC market narrows: report](https://betakit.com/capital-concentrates-as-canadian-vc-market-narrows-report/) - Just 26 megadeals accounted for two-thirds of all dollars invested in 2025.
- [What will be built from Alberta’s AI data-centre boom?](https://betakit.com/what-will-be-built-from-albertas-ai-data-centre-boom/) - Plus: Canada’s venture capital is concentrating.
- [Sheertex maker will be sold to fellow Québec hosiery company AYK](https://betakit.com/sheertex-maker-will-be-sold-to-fellow-quebec-hosiery-company-ayk/) - SRTX once employed 350 people. If the sale is approved, fewer than 10 will remain.
- [Q&A: Why Alberta’s data centre strategy is drawing the attention of tech giants like Meta](https://betakit.com/qa-why-albertas-data-centre-strategy-is-drawing-the-attention-of-tech-giants-like-meta/) - Punchcard Systems’ Sam Jenkins on how Alberta is meeting the moment, and what it stands to gain or lose.
- [Canadian Bitcoin Consortium launches insurance company for digital asset businesses](https://betakit.com/canadian-bitcoin-consortium-launches-insurance-company-for-digital-asset-businesses/) - Blockchain Insurance Inc. says it's "traditional insurance for non-traditional industries.”
- [Ratio.City raises $1 million seed round for urban analytics platform](https://betakit.com/ratio-city-raises-1-million-seed-round-for-ai-powered-urban-analytics-platform/) - Ratio.City,​ ​a proptech startup specializing in using data for urban development, has raised $1 million in seed financing.
- [Wealthsimple named CIX Innovator of the Year](https://betakit.com/wealthsimple-named-cix-innovator-of-the-year/) - The Toronto FinTech firm was recognized for its “transformative impact” on Canadian financial services in 2025.
- [How Mycroft scaled to over 100 customers without a playbook](https://betakit.com/how-mycroft-scaled-to-over-100-customers-without-a-playbook/) - CEO Mike Kim shares the battle scars earned building his cybersecurity startup.
- [PrairesCan invests $3 million in Black entrepreneurship](https://betakit.com/prairescan-invests-3-million-in-black-entrepreneurship/) - Funding will go to the Black Business Ventures Association and the African Canadian Civic Engagement Council.
- [Feds announce $6.5-million investment in Alberta defence manufacturing](https://betakit.com/feds-announce-6-5-million-investment-in-alberta-defence-manufacturing/) - Zero Point Cryogenics and Logican Technologies earn PrairiesCan investments to shore up defence supply chains.
- [Toyo raises seed funding to further develop “OpenClaw for founders” tool](https://betakit.com/toyo-raises-seed-funding-to-further-develop-openclaw-for-founders-tool/) - Company’s $4.3-million USD raise will help it give business leaders’ busywork to AI agents.
- [MDA Space makes defence-industry push with launch of 49North](https://betakit.com/mda-space-makes-defence-industry-push-with-launch-of-49north/) - CAE vet Joe Armstrong will lead subsidiary exclusively focused on Canada’s defence industry.
- [Why Canada’s defence spending should follow this Cold War blueprint ](https://betakit.com/why-canadas-defence-spending-should-follow-this-cold-war-blueprint/) - US military spending helped create your laptop. Can Canada make similar leaps?
- [Québec has a new digital sovereignty plan. Will it work?](https://betakit.com/quebec-has-a-new-digital-sovereignty-plan-will-it-work/) - The $1.4-billion plan was tabled on the heels of a digital fiasco at the provincial auto board.
- [Q&A: Xanadu’s Christian Weedbrook on why quantum ought to be a national defence priority](https://betakit.com/qa-xanadus-christian-weedbrook-on-why-quantum-ought-to-be-a-national-defence-priority/) - The company's CEO reflects on his data centre dreams and ensuring Xanadu stays in Canada as it prepares to go public.
- [Wagepoint rolls out two new additions to its payroll software](https://betakit.com/wagepoint-rolls-out-two-new-additions-to-its-payroll-software/) - Timesheets and My Wagepoint are aimed at streamlining and modernizing the payroll process.
- [“The world has changed”: Canada’s new Defence Industrial Strategy aims to reduce US dependency](https://betakit.com/the-world-has-changed-canadas-new-defence-industrial-strategy-aims-to-reduce-us-dependency/) - Prime Minister Carney hopes to shore up Canada’s defence industry by buying domestically and partnering with "trusted allies."
- [Bank of Canada orders XTM to cease retail payment activities after investment regulator halts trading of its stock](https://betakit.com/canadas-investment-regulator-halts-stock-trades-for-xtm-as-fintech-faces-missing-money-allegations/) - The bank cites “serious concerns" that XTM failed to safeguard client funds as customers report missing money.
- [From Amharic to Zulu: Cohere’s new multilingual AI model supports more than 70 languages](https://betakit.com/from-amharic-to-zulu-coheres-new-multilingual-ai-model-supports-more-than-70-languages/) - Toronto scaleup says Tiny Aya can run in regions where large-scale infrastructure isn’t always available.
- [From client to cap table: Shakudo converts customers into investors with $7-million USD raise](https://betakit.com/from-client-to-cap-table-shakudo-converts-customers-to-investors-with-7-million-usd-raise/) - New backers with ties to Loblaw and CentralReach have invested in the Toronto startup.
- [Taiv wants to let you choose your own TV ads](https://betakit.com/taiv-wants-to-let-you-choose-your-own-tv-ads/) - the Winnipeg startup closes a $13-million USD "Series A plus" round to expand across North America.
- [Is BDC too big to change?](https://betakit.com/is-bdc-too-big-to-change/) - An unearthed report shows that Canadian VCs who rely on the Crown corporation have feedback on BDC's “steady hand” approach. Who’s listening?
- [Cohere reportedly soars past revenue target, with $240-million USD ARR](https://betakit.com/cohere-reportedly-soars-past-revenue-target-with-240-million-usd-arr/) - Canada's AI champion surpassed projections of $200 million USD ARR, according to CNBC.
- [Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank](https://betakit.com/ottawa-gatineau-launch-defence-innovation-task-force-in-bid-for-nato-defence-bank/) - The cities of Ottawa and Gatineau announced the launch of a new task force aimed at turning the country’s capital region into a defence innovation hub.
- [Is Something Big happening in AI?](https://betakit.com/is-something-big-happening-in-ai/) - Plus: Canada's Defence Industrial Strategy revealed.
- [Black Business Ventures Association brings Dragons' Den energy to Edmonton Unlimited](https://betakit.com/black-business-ventures-association-brings-dragons-den-energy-to-edmonton-unlimited/) - Innovation Expo spotlights homegrown startups and growing tech talent.
- [pHathom Technologies raises $4 million to pilot its coastal carbon-capture tech](https://betakit.com/phathom-technologies-closes-4-million-to-pilot-its-coastal-carbon-capture-tech/) - The Halifax climate tech startup hopes to deploy its technology in full-scale commercial projects by 2030.
- [Mesosil’s infection-fighting dental tech gets FDA clearance](https://betakit.com/mesosils-infection-fighting-dental-tech-gets-fda-clearance/) - Green light lets Toronto-based startup's technology be sold in US market.
- [Inside the Edmonton facility building quantum’s hidden infrastructure](https://betakit.com/inside-the-edmonton-facility-building-quantums-hidden-infrastructure/) - Zero Point Cryogenics is manufacturing the extreme-cold systems behind quantum computing.
- [The feds asked investors for candid feedback on BDC. It was never actioned](https://betakit.com/the-feds-asked-investors-for-candid-feedback-on-bdc-it-was-never-actioned/) - BetaKit-obtained 2023 report outlines private-sector grievances with Canada’s largest VC.
- [Apple strikes deal to acquire Canadian database software startup Kuzu](https://betakit.com/apple-strikes-deal-to-acquire-canadian-database-software-startup-kuzu/) - The US tech giant confirmed the October 2025 deal in a disclosure to the European Union.
- [Alberta invests $28 million in six projects to improve environmental outcomes](https://betakit.com/alberta-invests-28-million-in-six-projects-to-improve-energy-industrys-environmental-performance/) - Funding comes from province’s industrial carbon pricing revenue on large emitters.
- [Kainova closes $32 million to advance cancer and inflammation therapies](https://betakit.com/kainova-closes-32-million-to-advance-cancer-and-inflammation-therapies/) - New backer Investissement Québec led the first close of the biopharma firm’s Series B round.
- [Shopify stock slumps despite record-breaking Q4 revenue](https://betakit.com/shopify-q4-earnings-miss-expectations-but-show-strong-merchant-sales-growth/) - E-commerce giant authorizes $2-billion USD share buyback program as CFO signals financial “strength.”
- [Backboard.io claims its AI has a better memory than yours](https://betakit.com/backboard-io-claims-its-ai-has-a-better-memory-than-yours/) - The Ottawa startup’s AI platform outperformed other models in two key memory benchmarks.
- [A seat at the table: Founders Dinner comes to Alberta](https://betakit.com/a-seat-at-the-table-founders-dinner-comes-to-alberta/) - Graeme Barlow’s dinner series offers curated networking with strict no-sales rules.
- [ApplyBoard researchers say they have a fix for AI’s “silent failure” problem](https://betakit.com/applyboard-researchers-say-they-have-a-fix-for-ais-silent-failure-problem/) - EdTech company’s team wins recognition for “confidence score” that helps keep LLMs honest.
- [Ssense founders can buy back company, court rules](https://betakit.com/ssense-founders-can-buy-back-company-court-rules/) - Atallah brothers’ $78-million buyback bid moves forward despite several creditors’ objections.
- [Trust Science acquires Lenders API to build fraud defence system for lenders](https://betakit.com/trust-science-acquires-lenders-api-to-build-fraud-defence-system-for-lenders/) - Toronto fraud prevention platform Lenders API has been acquired by Edmonton’s Trust Science, which helps vet prospective borrowers with limited credit history.
- [Modem closes $4.4-million USD pre-seed round to help developers ship faster](https://betakit.com/modem-closes-4-4-million-usd-pre-seed-round-to-help-developers-ship-faster/) - Co-founders from Sentry and Cohere have backed the Toronto startup’s AI product management platform.
- [Haply Robotics raises $16 million to build the “steering wheels” for physical AI](https://betakit.com/haply-robotics-raises-16-million-to-build-the-steering-wheels-for-physical-ai/) - How the Montréal startup plans to own the touch layer of robotics.
- [Everyday Payments customers allege their money is missing](https://betakit.com/edmontons-everyday-payments-silent-as-customers-allege-their-money-is-missing/) - Restaurants are reporting missing balances as the platform's operators trade explanations in the media.
- [Kaster Technologies raises $1.6 million to scale up pharma manufacturing](https://betakit.com/kaster-technologies-raises-1-6-million-to-scale-up-pharma-manufacturing/) - Polytechnique Montréal spinoff develops algorithm to reduce drug shortages.
- [To build AI trust, the federal government should show us its prompts](https://betakit.com/to-build-ai-trust-the-federal-government-should-show-us-its-prompts/) - The federal government released the much-anticipated results of its national AI strategy public consultation this week.
- [Y Combinator reverses decision, will invest in Canadian-domiciled startups again](https://betakit.com/y-combinator-reverses-decision-will-invest-in-canadian-domiciled-startups-again/) - Famed accelerator had removed Canada from its deal terms, spurring Canadian tech backlash.
- [A16z speedrun-backed OpenSesame opens new doors with rebrand to General Magic](https://betakit.com/a16z-backed-opensesame-opens-new-doors-with-rebrand-to-general-magic/) - The Toronto-based startup is building texting AI agents for insurance companies.
- [Q&A: Why Canada shouldn’t ban kids from social media](https://betakit.com/qa-why-canada-shouldnt-ban-kids-from-social-media/) - Tech policy advocate Josh Tabish explains why he thinks a social media ban for youth isn’t the right move, and what could be done instead.
- [Q&A: Moltbook, OpenClaw, and the security risks of the new agentic-AI era](https://betakit.com/qa-moltbook-openclaw-and-the-security-risks-of-the-new-agentic-ai-era/) - Plurilock CEO Ian Paterson reflects on the evolution of agentic AI and protecting yourself (and your agent).
- [Vena moves into “orchestrated” financial planning with Acterys acquisition](https://betakit.com/vena-moves-into-orchestrated-financial-planning-with-acterys-acquisition/) - Acterys CEO claims deal combines “the best of both worlds” across finance and IT.
- [Kiwi Charge takes EV-charging robot to showroom floor with $1.7-million pilot project](https://betakit.com/kiwi-charge-takes-ev-charging-robot-to-showroom-floor-with-1-7-million-pilot-project/) - “R2-D2 for EV charging” will be showcased at the Canadian International AutoShow this week.
- [Josh Ogden thinks Canada’s drone industry can gain some altitude ](https://betakit.com/josh-ogden-thinks-canadas-drone-industry-can-gain-some-altitude/) - AVSS wants to show that keeping IP and manufacturing in Canada can still work.
- [Minister Evan Solomon reveals Canada’s AI Task Force](https://betakit.com/minister-evan-solomon-reveals-canadas-ai-task-force/) - Patrick Pichette, Joelle Pineau, and Dan Debow among those tapped by federal government.
- [OpenText beats expectations thanks to strong cloud growth in Q2](https://betakit.com/opentext-beats-expectations-thanks-to-strong-cloud-growth-in-q2/) - Executives said quarterly results show progress of strategic initiatives.
- [Substack hires former Google exec as its first head of partnerships in Canada](https://betakit.com/substack-hires-former-google-exec-as-its-first-head-of-partnerships-in-canada/) - The newsletter platform aims to capitalize on what is now its third-largest market globally.
- [Elevate Farms acquires Fieldless Farms to create “Canadian food powerhouse”](https://betakit.com/elevate-farms-acquires-fieldless-farms-to-create-canadian-food-powerhouse/) - The deal combines two startups growing leafy greens year-round with indoor farming technologies.
- [Despite Q3 loss, Lightspeed optimistic on executing growth and profitability plan](https://betakit.com/lightspeed-raises-yearly-outlook-again-as-fiscal-q3-earnings-meet-expectations/) - The retail tech firm’s shares dipped slightly after another net loss and amid a tough week for software stocks.
- [Latency may be invisible to users, but it will define who wins in AI](https://betakit.com/latency-may-be-invisible-to-users-but-it-will-define-who-wins-in-ai/) - For some applications, the delay is tolerable. For many emerging ones, it isn’t.
- [Building with AI is now the “price of admission” for software startups, Inovia report says](https://betakit.com/building-with-ai-is-now-the-price-of-admission-for-software-startups-inovia-report-says/) - AI-native startups ate up 40 percent of software deal value in Canada in 2025.
- [For Rayhawk Technologies, automating away risk is a family story](https://betakit.com/for-rayhawk-technologies-automating-away-risk-is-a-family-story/) - The railcar-loading company’s efforts have netted three contracts south of the border.
- [AgTech startup Brilliant Harvest secures $4 million USD in seed funding](https://betakit.com/agtech-startup-brilliant-harvest-secures-4-million-usd-in-seed-funding/) - The raise will aid in scaling the platform’s adoption and abilities.
- [Why Y Combinator cut Canada out](https://betakit.com/why-y-combinator-cut-canada-out/) - Maverix Private Equity's John Ruffolo joins to discuss fuzzy data, “bullshit” narratives, and the real problems hampering Canadian tech.
- [Invest Alberta’s Rick Christiaanse unexpectedly resigns as CEO](https://betakit.com/invest-albertas-rick-christiaanse-unexpectedly-resigns-as-ceo/) - the Crown corporation’s former COO, Keith Bradley will take over as acting CEO.
- [The cloud myth holding Canadian companies back](https://betakit.com/the-cloud-myth-holding-canadian-companies-back/) - Unicorne’s Éric Pinet reveals three habits that separate resilient cloud teams from expensive ones.
- [Neo Financial secures $68.5 million in equity as it adopts big-bank funding playbook](https://betakit.com/neo-financial-secures-68-5-million-in-equity-as-it-adopts-big-bank-funding-playbook/) - Support from investors including AIMCo and Northleaf will fuel the company's securitization strategy.
- [BDC head says bank pulled back from life sciences “too early” as it preps new VC fund](https://betakit.com/bdc-head-says-bank-pulled-back-from-life-sciences-too-early-as-it-preps-new-vc-fund/) - The upcoming life sciences fund will invest directly in companies, with a more than $100-million envelope.
- [Bengio-led AI safety report warns of growing risks amid rapid capability gains](https://betakit.com/bengio-led-ai-safety-report-warns-of-growing-risks-amid-rapid-capability-gains/) - Major advancements in coding and mathematics have come alongside a rise in AI-powered scams and cyberattacks.
- [Canada’s tech and manufacturing leaders target N3 Summit for global growth](https://betakit.com/canadas-tech-and-manufacturing-leaders-target-n3-summit-for-global-growth/) - The two-day March summit to discuss trade shifts and new technologies in Canadian manufacturing.
- [US-based welding tech company ESAB to buy Eddyfi for $1.45 billion USD](https://betakit.com/us-based-welding-tech-company-esab-to-buy-eddyfi-for-1-45-billion-usd/) - ESAB makes “firm commitments” to keep Eddyfi workers and head office in Québec.
- [Arlene Dickinson and Amber Mac sever ties with Gander Social](https://betakit.com/arlene-dickinson-and-amber-mac-sever-ties-with-gander-social/) - Prominent investors leave advisory board as former CBC head Catherine Tait signs on.
- [Inside the student-to-full-time hiring pipeline](https://betakit.com/inside-the-student-to-full-time-hiring-pipeline/) - How student talent with support from ICTC’s WIL Digital program helped EATABLE scale from a home kitchen to 1,600 retailers.
- [Carbon Upcycling names new CEO](https://betakit.com/carbon-upcycling-names-new-ceo/) - CRO Markus Kritzler succeeds Apoorv Sinha, who has moved into the role of president.
- [This U of T-led program is helping Canada find its place in the global EV market](https://betakit.com/this-u-of-t-led-program-is-helping-canada-find-its-place-in-the-global-ev-market/) - The EVIO program will park grad students with EV companies to keep the best talent at home.
- [“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder](https://betakit.com/meditate-and-stay-calm-hopper-lightspeed-ceos-on-how-to-survive-as-a-founder/) - Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event in Montréal.
- [Pluvo heads to San Francisco to join the latest a16z speedrun cohort](https://betakit.com/pluvo-heads-to-san-francisco-to-join-the-latest-a16z-speedrun-cohort/) - The Ottawa company says it was selected from a group of more than 19,000 possible participants.
- [Earth is full of power-hungry data centres. Is shooting them into space the answer?](https://betakit.com/earth-is-full-of-power-hungry-data-centres-is-shooting-them-into-space-the-answer/) - Tech giants are mulling space-based data centres, but solving Earth's problems is still important.
- [OpenText appoints former IBM Americas president as new CEO](https://betakit.com/opentext-appoints-former-ibm-americas-president-as-new-ceo/) - The Kitchener-Waterloo software firm has been searching for a permanent leader since August.
- [Y Combinator exerts economic force on Canadian tech](https://betakit.com/y-combinator-exerts-economic-force-on-canadian-tech/) - Plus: Waabi claims largest-ever Canadian tech fundraise.
- [Ali Asaria’s Transformer Lab launches worldwide](https://betakit.com/ali-asarias-transformer-lab-launches-worldwide/) - The launch coincides with a successful fundraising round from investors on both sides of the border.
- [Canada is the sixth-best place on earth to build a tech startup, new index suggests](https://betakit.com/canada-is-the-sixth-best-place-on-earth-to-build-a-tech-startup-new-index-suggests/) - The US, Singapore, UK, Switzerland, and UAE snagged the top five spots.
- [Canada and Alberta announce 27 new projects to expand high-speed internet access](https://betakit.com/canada-and-alberta-announce-27-new-projects-to-expand-high-speed-internet-access/) - The new projects target communities that are still falling below national internet speed benchmarks.
- [Class-action lawsuit targets MDA Space over scrapped, $1.8-billion EchoStar deal](https://betakit.com/class-action-lawsuit-targets-mda-space-over-scrapped-1-8-billion-echostar-deal/) - In a lawsuit filed by retail investors, the plaintiffs allege the firm didn’t disclose regulatory risks before the contract collapsed.
- [Canadian water purification startup Xatoms makes a splash at World Economic Forum](https://betakit.com/canadian-water-purification-startup-xatoms-makes-a-splash-at-world-economic-forum/) - The cleantech firm secured grant funding while representing Canada as a delegate of UpLink Ventures at Davos.
- [Canada’s cybersecurity startups have no room for error](https://betakit.com/canadas-cybersecurity-startups-have-no-room-for-error/) - Daly Brown and Nick Foubert built a company around their defence expertise, before finding the support to scale it.
- [Ionodes’ new body camera tech sees demand from surprising source: retailers](https://betakit.com/ionodes-new-body-camera-tech-sees-demand-from-surprising-source-retailers/) - The Québec security tech firm says it’s seeing a hike in demand from retailers for body cameras.
- [AI pioneer Richard Sutton to receive honourary degree from U of A](https://betakit.com/ai-pioneer-richard-sutton-to-receive-honourary-degree-from-u-of-a/) - Sutton will receive the university’s highest honour for his groundbreaking research into machine learning.
- [As AI scribes flood healthcare, experts stress need for responsible adoption](https://betakit.com/as-ai-scribes-flood-healthcare-experts-stress-need-for-responsible-adoption/) - At a data privacy event. experts unpack how AI could save doctors time, but erode patient trust in the process.
- [How a small change to Y Combinator's terms sent waves through Canadian tech](https://betakit.com/how-a-small-change-to-y-combinators-terms-sent-waves-through-canadian-tech/) - Industry divided over Y Combinator’s decision to remove Canada from list of investable sites.
- [How AI and a “tight” fundraising market are reshaping Canadian proptech](https://betakit.com/how-ai-and-a-tight-fundraising-market-are-reshaping-canadian-proptech/) - Proptech Collective says 2025 brought signs of maturity, fewer exits, and some possible tailwinds.

## Pages

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- [The BetaKit Guide: Web Summit Vancouver 2025](https://betakit.com/the-betakit-guide-web-summit-vancouver-2025/) - The BetaKit Guide Web Summit Vancouver 2025 Presented by Video courtesy of Everett Bumstead The big picture The events The fun stuff The speakers The city Web Summit is touching down on Canada’s best coast for the very first time. The global tech conference replaces Collision as North America’s flagship tech conference. Over 15,000 people
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- [How to pitch your story to BetaKit](https://betakit.com/contact-us/) - BetaKit writes about tech, for tech. Tell us your story.
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- [What the buyers of wildfire tech actually need](https://betakit.com/wildfire-the-buyers-perspective/) - But according to Natasha Broznitsky of the BC Wildfire Service, wildfire tech companies need to exercise patience when approaching potential buyers.
- [Controlled burn](https://betakit.com/wildfire-controlled-burn/) - Indigenous fire stewardship has reclaimed its rightful place in modern land management, and new technology is blending traditional knowledge with modern tools.
- [To extinguish the cost of wildfires, insurance needs innovation](https://betakit.com/wildfire-insurance-landscape/) - With billions on the line, the insurance industry has become some of the most driven players working to innovate against wildfire risk.
- [Who funds the firebreak?](https://betakit.com/wildfire-tech-investment-landscape/) - One thing is spreading far more slowly than wildfire: funding for the technology meant to stop it.
- [The BetaKit Quiz](https://betakit.com/quiz/) - Test your knowledge of Canadian tech news with a new quiz released weekly on Fridays.
- [The BetaKit Guide: Collision Week 2024](https://betakit.com/collision-week-2024/) - The BetaKit Guide: Collision Week features insights from our audience, as they weigh in on the most interesting side parties, events, speakers, and hot spots.
- [Canadian Tech Layoffs](https://betakit.com/layoffs-old/) - BetaKit covers layoffs in Canadian tech and amongst global tech players with Canadian offices. Read the latest news, and find useful resources.
- [BetaKit & Good Future Partnership FAQ](https://betakit.com/partnership-faq/) - On Tuesday, November 28, 2023, BetaKit announced a strategic partnership with Good Future to fuel the growth of Canada's leading startup and technology publication. Will this change how I get my tech news? No. We will continue to report on the Canadian startup and technology ecosystem from within the ecosystem, providing trusted and accessible business
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- [Le programme AI for Social Good veut aider les femmes à percer dans l’industrie de l’IA](https://betakit.com/le-programme-ai-for-social-good-veut-aider-les-femmes-a-percer-dans-lindustrie-de-lia/) - Le monde de la tech s’éveille à la nécessité d’être plus inclusif pour les femmes qui en font partie. C’est encore plus vrai lorsqu’on parle des femmes en position de leaderships dans les entreprises technologiques, qui comptent pour seulement 7% des CTO dans le monde. Comment remédier à ce déséquilibre? Voici la pensée fondamentale qui
- [Le démo day du Founder Institute présente la cinquième cohorte de l'accélérateur de préamorçage de Montréal](https://betakit.com/le-demo-day-du-founder-institute-presente-la-cinquieme-cohorte-de-laccelerateur-de-preamorcage-de-montreal/) - Mercredi dernier, la branche montréalaise du Founder Institute a organisé un démo day pour sa cinquième cohorte.
- [10 compagnies tech de Montréal à surveiller en 2017](https://betakit.com/10-compagnies-tech-de-montreal-a-surveiller-en-2017/) - Découvrez quelques-unes des étoiles montantes à Montréal que vous devriez absolument surveiller.
- [FinTech](https://betakit.com/fintech/)
- [BETAKIT 150](https://betakit.com/betakit-150/)
- [Snack attacks are on the rise across the globe](https://betakit.com/snack-attacks-are-on-the-rise-across-the-globe/) - With COVID-19 keeping people inside, some unusual activities are keeping people busy. Misha Collins, actor on Supernatural, is the mastermind behind the Greatest International Scavenger Hunt (GISH), which has had to move to an all-virtual format this year. Tens of thousands of participants from more than 100 countries are competing in GISH and are tasked
- [Betakit Job Board](https://betakit.com/jobs-old/) - [wpjb_jobs_list count="25"]
- [L’organisation montréalaise YoungLeaders souhaite que plus d'adolescents se lancent en affaires](https://betakit.com/lorganisation-montrealaise-youngleaders-souhaite-que-plus-dadolescents-se-lancent-en-affaires/) - La semaine dernière, YoungLeaders a tenu sa première demo night dans les bureaux de Shopify.
- [Yoshua Bengio explique les limites et le potentiel de l'IA à #Activate18](https://betakit.com/yoshua-bengio-explique-les-limites-et-le-potentiel-de-lia-a-activate18/) - La semaine dernière, la conférence de deux jours Activate sur l'intelligence artificielle (IA) comprenait deux jours d'ateliers et de formation. Cela fait huit ans que la conférence a lieu à Montréal et son objectif est de rassembler les meilleurs chercheurs de l'IA pour des tutoriels techniques, des présentations de cas pratiques et des sessions de
- [Yoshua Bengio affirme que les VC et le gouvernement doivent investir dans le succès à long terme de l'AI à Montréal lors de #MTLNewTech](https://betakit.com/yoshua-bengio-affirme-que-les-vc-et-le-gouvernement-doivent-investir-dans-le-succes-a-long-terme-de-lai-a-montreal-lors-de-mtlnewtech/) - Le dernier évènement de MTL NewTech fut dédié à l’intelligence artificielle (IA), qui est sur toutes les lèvres depuis quelque temps. L’organisation sans but lucratif, qui vise à stimuler l’écosystème montréalais en donnant l’opportunité à des entrepreneurs de présenter leur startup, a réuni pour l’occasion de grands noms de l’IA : Yoshua Bengio, cofondateur d’Element
- [Dr Robert Sutor d'IBM Q explique où va l'informatique quantique](https://betakit.com/dr-robert-sutor-dibm-q-explique-ou-va-linformatique-quantique/) - Pendant la conférence, j'ai eu la chance de rencontrer le brillant et passionné Dr Robert Sutor, directeur de recherche et développement responsable de la direction du programme IBM Q pour l'informatique quantique.
- [La conférence d’IA TechAide recueille 100 000$ pour Centraide United Way](https://betakit.com/la-conference-dia-techaide-recueille-100-000-pour-centraide-united-way/) - Mardi dernier, la tant attendue conférence d’IA, TechAide, a eu lieu au Théâtre Rialto à Montréal. Elle a réuni une assemblée d'étudiants, de chercheurs et d'experts en technologie pour recueillir de connaissances techniques tout en soutenant une bonne cause, Centraide, un organisme à but non lucratif qui lutte contre la pauvreté et l'exclusion sociale. L'intelligence
- [Community Survey and Reporting Framework](https://betakit.com/resources/community-survey-and-reporting-framework/) - A framework and resources for Canadian tech companies to perform demographic surveys.
- [Quantwave représente le Canada aux finales de She Loves Tech à Pékin](https://betakit.com/quantwave-represente-le-canada-aux-finales-de-she-loves-tech-a-pekin/) - La semaine dernière, la compétition She Loves Tech, cofondée par Lean In China et Tech Rock, eut lieu à l'Université Concordia à Montréal. Le concours, organisé par Reify et la Fondation Jeunesse Entrepreneuriale Asie-Pacifique (FJEAP), vise à ouvrir le marché chinois à des startups dirigés par une femme ou qui ont une incidence directe sur
- [Budgeto souhaite transformer les entrepreneurs débutants en experts financiers](https://betakit.com/budgeto-souhaite-transformer-les-entrepreneurs-debutants-en-experts-financiers/) - Budgeto, lancé au Québec en 2012, est une plateforme permettant aux entrepreneurs n’ayant pas de connaissances financières poussées à mettre en place un modèle financier compréhensible, et ce, en une heure et pour quelques centaines de dollars par an. C’est du moins ce à quoi prétend son cofondateur Marc Alloul. Avec Charles-Hubert Déry, son autre
- [Inspiré par Paris, le MT Lab souhaite que la technologie innove dans l'industrie du tourisme à Montréal](https://betakit.com/inspire-par-paris-le-mt-lab-souhaite-que-la-technologie-innove-dans-lindustrie-du-tourisme-a-montreal/) - En juin 2017, le MT Lab, un hub d’innovation dédié au tourisme, à la culture et au divertissement, ouvrira ses portes dans le Quartier de l’innovation à Montréal. Supporté par l’École des sciences de la gestion (ESG UQAM), la Ville de Montréal et Tourisme Montréal, il est le premier de ce genre en Amérique du
- [Le lancement de la saison du Printemps Numérique de Montréal célèbre le croisement entre la mode et de la technologie](https://betakit.com/le-lancement-de-la-saison-du-printemps-numerique-de-montreal-celebre-le-croisement-entre-la-mode-et-de-la-technologie/) - Le lancement de la saison du Printemps numérique, une plateforme qui promouvoit la créativité numérique et permet la collaboration entre les artistes, l’industrie et le monde scientifique, prit la forme d’un 5@9 au Musée McCord sous le thème Montréal Fashion Tech. « On est heureux de cette collaboration [avec le Musée McCord] », exprime Mehdi
- [Big Bang Techno célèbre la mission qu’a Montréal d’être une ville intelligente](https://betakit.com/big-bang-techno-celebre-la-mission-qua-montreal-detre-une-ville-intelligente/) - Big Bang Techno est un évènement né de la collaboration entre InnoCité MTL, un accélérateur de startups pour une ville intelligente, et Capital Intelligent Mtl.
- [La conférence Legal IT explore le potentiel de l'IA afin de changer le système judiciaire](https://betakit.com/la-conference-legal-it-explore-le-potentiel-de-lia-afin-de-changer-le-systeme-judiciaire/) - Le Jeune Barreau de Montréal organisait cette année encore l’évènement Legal.IT, une conférence d’une journée au Centre des Sciences de Montréal qui réunissait des experts juridiques et technologiques pour parler des enjeux alliant les deux domaines. Une des présentations intitulées L’intelligence artificielle (IA) et la justice fut donnée par Valérie Bécaert, directrice générale d’IVADO, sous
- [Le panel de Product Tank explique comment la technologie peut créer un meilleur avenir pour le transport](https://betakit.com/le-panel-de-product-tank-explique-comment-la-technologie-peut-creer-un-meilleur-avenir-pour-le-transport/) - ProductTank est un meetup qui réunit des gestionnaires de produits afin d’échanger leurs idées et expériences en entrepreneuriat. Leur dernière édition sous le thème du transport a convié Patrick Gagné, partenaire et chef de produit et de commercialisation chez Taxelco et cofondateur de l’accélérateur InnoCité MTL; Sam Vermette cofondateur et CEO de Transit App; et
- [Les participants au salon Founders Lounge nous exhortent à adopter la diversité sans victimiser les femmes](https://betakit.com/les-participants-au-salon-founders-lounge-nous-exhortent-a-adopter-la-diversite-sans-victimiser-les-femmes/) - Founders Lounge, une série de MTL NewTech qui convie les fondateurs et cofondateurs à échanger sur leur expérience d’affaires, a dédié sa dernière une édition aux #WomenInTech à l’occasion de la Journée internationale des droits des femmes. Avec comme partenaires Desjardins Lab, le centre d’innovation de Desjardins; le Coopérathon, un défi d’innovation dans l’industrie de
- [L'événement #intersections explore les avantages à faire de la recherche en IA à Montréal](https://betakit.com/levenement-intersections-explore-les-avantages-a-faire-de-la-recherche-en-ia-a-montreal/) - Le 2e volume de la série #intersections du Printemps numérique consacré à l’intelligence artificielle (IA) eut lieu le 7 mars dernier au Centre Canadien d’Architecture.
- [Le panel Innovation au féminin note qu'il faille célébrer les modèles de succès pour encourager plus de femmes à faire carrière en STEM](https://betakit.com/le-panel-innovation-au-feminin-note-quil-faille-celebrer-les-modeles-de-succes-pour-encourager-plus-de-femmes-a-faire-carriere-en-stem/) - Pour marquer la Journée internationale des droits des femmes, Desjardins Lab, MTL NewTech et le Coopérathon ont organisé un évènement intitulé L’innovation au féminin : moteur du Québec Inc. de demain, un panel de discussion avec des fondateurs de startups afin de mieux comprendre les enjeux dont les femmes font face dans le monde technologique
- [Le panel du Forum économique signale l'"hésitation" provinciale comme une barrière à l'innovation](https://betakit.com/le-panel-du-forum-economique-signale-lhesitation-provinciale-comme-une-barriere-a-linnovation/) - Le Forum économique de la relève d’affaires (FERA) : « Promouvoir l’esprit d’entreprendre pour une Québec innovant et florissant ».
- [Queer Tech MTL examine comment les alliés peuvent mieux soutenir la communauté LGBTQ](https://betakit.com/queer-tech-mtl-examine-comment-les-allies-peuvent-mieux-soutenir-la-communaute-lgbtq/) - La dernière rencontre de Queer Tech MTL se voulait un échange sur le rôle des alliés de la communauté LGBTQ+ dans le maintien d'un environnement de travail convivial.
- [Paparide pense que l'approche intégrée du covoiturage aidera à lutter contre le changement climatique et la congestion du trafic](https://betakit.com/paparide-pense-que-lapproche-integree-de-la-covoiturage-aidera-a-lutter-contre-le-changement-climatique-et-la-congestion-du-trafic/) - Le règne de la voiture a assez duré. Depuis des décennies, c’est le moyen de transport d’un grand nombre de citoyens qui y préfèrent son confort et sa rapidité à son pendant, le transport en commun. Mais la planète s’échauffe et s’épuise de tant d’émissions de CO2 et plusieurs alternatives voient le jour : le
- [Le panel du 5@7 FinTech explique comment Montréal est devenue un leader en IA](https://betakit.com/le-panel-du-57-fintech-explique-comment-montreal-est-devenue-un-leader-en-ia/) - 5@7 FinTech: Artificial Intelligence in Finance, une rencontre d’information et d’échange sur l’intelligence artificielle (IA) et ses utilisations en finance, a pris place au DesjardinsLAB plus tôt ce mois-ci. « Nous voulons éduquer les gens, interagir avec la communauté et organiser plus de sessions comme celle-ci », explique Ilias Benjelloun, leader de l’innovation au DesjardinsLAB.
- [MTL NewTech espère que leurs 'Demo Nights' aideront les entrepreneurs et chercheurs à travailler ensemble'](https://betakit.com/mtl-newtech-espere-que-leurs-demo-nights-aideront-les-entrepreneurs-et-chercheurs-a-travailler-ensemble/) - Dans les locaux de District 3 Innovation Center eut lieu la seconde édition 2017 de la Demo Night de MTL NewTech la semaine dernière. Alors qu’à peu près une centaine de personnes étaient attendues pour l’évènement, pas loin du double se sont pointées afin de prêter l’oreille aux présentations des 5 startups sélectionnées pour l’occasion.
- [Lettre ouverte de la communauté technologique canadienne: La diversité fait notre force](https://betakit.com/lettre-ouverte-de-la-communaute-technologique-canadienne-la-diversite-fait-notre-force/) - La communauté technologique canadienne est constituée d’individus dont les nationalités, les religions, les orientations sexuelles, les identités de genre, les aptitudes mentales et physiques, et les points de vue sont très divers. Nous sommes persuadés que cette diversité est à la fois une force et une chance. Nous partageons tous cet avis. Les entreprises technologiques
- [MTL NewTech veut mettre en valeur les start-ups technologiques de la ville](https://betakit.com/mtl-newtech-veut-mettre-en-valeur-les-start-ups-technologiques-de-la-ville/) - Pour commencer l’année du bon pitch, MTL New Tech organisa la semaine dernière la première Demo Night de 2017 dans les locaux de Shopify.
- [GetCastor vous permet de créer le tableau de bord pour votre vie quotidienne](https://betakit.com/getcastor-vous-permet-de-creer-le-tableau-de-bord-pour-votre-vie-quotidienne/) - GetCastor est en fait la possibilité de créer un tableau de bord à partir du data qui nous intéresse.
- [Startup Weekend Montreal encourage la ville à  promouvoir l'esprit d'entreprise](https://betakit.com/startup-weekend-montreal-encourage-la-ville-a-promouvoir-lesprit-dentreprise/) - En pas plus de 54 heures, il est possible de développer une idée de projet, trouver des membres complémentaires, avoir son produit minimum viable, peut-être même être prêt pour aller consulter des investisseurs.
- [La CEO de Ask Pam admet que les quotas sont nécessaires afin d’encourager la diversité suite au Google Demo Day Women's edition](https://betakit.com/la-ceo-de-ask-pam-admet-que-les-quotas-sont-necessaires-afin-dencourager-la-diversite-suite-au-google-demo-day-womens-edition/) - Il y a environ deux semaines, la startup du cloud Ask Pam, qui centralise les opérations quotidiennes des concierges d’hôtel sur une même plateforme, a reçu un appel, un véritable game changer : elle faisait partie des douze startups sélectionnées pour participer au Google Demo Day – Women’s Edition, et ce, parmi plus de 800
- [Deux startups canadiennes s’unissent pour créer Lucy, une intelligence artificielle de la FinTech](https://betakit.com/deux-startups-canadiennes-sunissent-pour-creer-lucy-une-intelligence-artificielle-de-la-fintech/) - Lucy a été développée en collaboration avec Finn.ai, une entreprise de Vancouver qui crée des assistants bancaires virtuels alimentés par une intelligence artificielle.
- [Impak Finance lance la première banque socialement responsable au Canada](https://betakit.com/impak-finance-lance-la-premiere-banque-socialement-responsable-au-canada/) - Paul Allard, allié de 10 autres entrepreneurs, financiers et banquiers de Montréal, Toronto et Paris ont eu l’idée de lancer la première banque canadienne responsable: Impak Finance.
- [Montréal accueille Startup Open House à bras ouverts](https://betakit.com/montreal-accueille-startup-open-house-a-bras-ouverts/) - La Gare, WeWork et la Maison Notman hébergeaient les principales startups à visiter pour Startup Open House.
- [La première édition de #WWMTL a mis en lumière la scène vibrante de technologie portable de Montréal](https://betakit.com/la-premiere-edition-de-wwmtl-a-mis-en-lumiere-la-scene-vibrante-de-technologie-portable-de-montreal/) - Alors que cette communauté continue de croître, l’attrait pour les technologies portables s’amplifient lui aussi, jusqu’à Montréal qui a accueilli sa première édition de We Are Wearables Montreal.
- [reelyActive représente le Canada à Plug and Play Demo Day dans la Silicon Valley](https://betakit.com/reelyactive-represente-le-canada-a-plug-and-play-demo-day-dans-la-silicon-valley/) - Plug and Play, c’est un des accélérateurs les plus importants de Silicon Valley. Début septembre, près de mille compagnies ont postulé afin d’avoir l’opportunité de présenter leur startup lors d’un demo day et de faire un pitch de quatre toutes petites minutes devant plusieurs gros joueurs, des partenaires corporatifs faisant partie du Fortune 500, dans
- [La maison Notman devient intelligente grâce à Hack the House](https://betakit.com/la-maison-notman-devient-intelligente-grace-a-hack-the-house/) - Le futur, pour beaucoup d'entre nous, est profondément excitant. La cybernétique, science des interconnexions entre les humains et les machines, commence à peine à nous révéler la pleine étendue de son impact dans nos vies de tous les jours. Lorsqu'on pense à la maison intelligente, qu'on imagine celle de Samsung en Corée ou celle des
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- [Feature](https://betakit.com/category/canadian-startup-news/feature/) - In depth Interviews and features of Canada’s hottest companies.
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- [Milestones](https://betakit.com/category/canadian-startup-news/milestones/)
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- [Briefs](https://betakit.com/category/canadian-startup-news/briefs/)

## Tags

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- [softbank capital](https://betakit.com/tag/softbank-capital/)
- [visual revenue](https://betakit.com/tag/visual-revenue/)
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- [wave accounting](https://betakit.com/tag/wave-accounting/)
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- [postmates](https://betakit.com/tag/postmates/)
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- [extreme venture](https://betakit.com/tag/extreme-venture/)
- [extreme venture partners](https://betakit.com/tag/extreme-venture-partners/)
- [fred wilson](https://betakit.com/tag/fred-wilson/)
- [mark macleod](https://betakit.com/tag/mark-macleod/)
- [mike yavonditte](https://betakit.com/tag/mike-yavonditte/)
- [real ventures](https://betakit.com/tag/real-ventures/)
- [burstn](https://betakit.com/tag/burstn/)
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- [hipstamatic](https://betakit.com/tag/hipstamatic/)
- [instagram](https://betakit.com/tag/instagram/)
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- [fontinalis partners](https://betakit.com/tag/fontinalis-partners/)
- [parking 360](https://betakit.com/tag/parking-360/)
- [parkmobile](https://betakit.com/tag/parkmobile/)
- [quickpay](https://betakit.com/tag/quickpay/)
- [caterina fake](https://betakit.com/tag/caterina-fake/)
- [pinwheel](https://betakit.com/tag/pinwheel/)
- [devan koshal](https://betakit.com/tag/devan-koshal/)
- [ecommerce](https://betakit.com/tag/ecommerce/)
- [gumroad](https://betakit.com/tag/gumroad/)
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- [sahil lavingia](https://betakit.com/tag/sahil-lavingia/)
- [shopify](https://betakit.com/tag/shopify/)
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- [video](https://betakit.com/tag/video/)
- [codecademy](https://betakit.com/tag/codecademy/)
- [coursekit](https://betakit.com/tag/coursekit/)
- [planboard](https://betakit.com/tag/planboard/)
- [udemy](https://betakit.com/tag/udemy/)
- [velocity](https://betakit.com/tag/velocity/)
- [42floors](https://betakit.com/tag/42floors/)
- [angellist](https://betakit.com/tag/angellist/)
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- [locature](https://betakit.com/tag/locature/)
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- [lovely](https://betakit.com/tag/lovely/)
- [matthew slutsky](https://betakit.com/tag/matthew-slutsky/)
- [rentlord](https://betakit.com/tag/rentlord/)
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- [atomic reach](https://betakit.com/tag/atomic-reach/)
- [savvymom](https://betakit.com/tag/savvymom/)
- [tribes](https://betakit.com/tag/tribes/)
- [freshbooks](https://betakit.com/tag/freshbooks/)
- [quickbooks](https://betakit.com/tag/quickbooks/)
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- [Course materials](https://betakit.com/tag/course-materials/)
- [digital textbooks](https://betakit.com/tag/digital-textbooks/)
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- [excelerate labs](https://betakit.com/tag/excelerate-labs/)
- [new world ventures](https://betakit.com/tag/new-world-ventures/)
- [parkingpanda](https://betakit.com/tag/parkingpanda/)
- [ParkMe](https://betakit.com/tag/parkme/)
- [spothero](https://betakit.com/tag/spothero/)
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- [influitive](https://betakit.com/tag/influitive/)
- [linksy](https://betakit.com/tag/linksy/)
- [Google Analytics](https://betakit.com/tag/google-analytics/)
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- [khosla ventures](https://betakit.com/tag/khosla-ventures/)
- [christina applegate](https://betakit.com/tag/christina-applegate/)
- [fabkids](https://betakit.com/tag/fabkids/)
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- [true ventures](https://betakit.com/tag/true-ventures/)
- [clarity.fm](https://betakit.com/tag/clarity-fm/)
- [huddlewoo](https://betakit.com/tag/huddlewoo/)
- [TokBox](https://betakit.com/tag/tokbox/)
- [business controls](https://betakit.com/tag/business-controls/)
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- [rivet software](https://betakit.com/tag/rivet-software/)
- [WebEx](https://betakit.com/tag/webex/)
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- [betabeat](https://betakit.com/tag/betabeat/)
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- [fourquare](https://betakit.com/tag/fourquare/)
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- [richard branson](https://betakit.com/tag/richard-branson/)
- [Union Square Ventures](https://betakit.com/tag/union-square-ventures/)
- [bullpen capital](https://betakit.com/tag/bullpen-capital/)
- [rre ventures](https://betakit.com/tag/rre-ventures/)
- [sailthru](https://betakit.com/tag/sailthru/)
- [sweetgreen](https://betakit.com/tag/sweetgreen/)
- [bina](https://betakit.com/tag/bina/)
- [bina technologies](https://betakit.com/tag/bina-technologies/)
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- [genomes](https://betakit.com/tag/genomes/)
- [everest](https://betakit.com/tag/everest/)
- [peter thiel](https://betakit.com/tag/peter-thiel/)
- [betakit](https://betakit.com/tag/betakit/)
- [one-year](https://betakit.com/tag/one-year/)
- [method](https://betakit.com/tag/method/)
- [Wave](https://betakit.com/tag/wave/)
- [xero](https://betakit.com/tag/xero/)
- [bluefields](https://betakit.com/tag/bluefields/)
- [teamsnap](https://betakit.com/tag/teamsnap/)
- [celly](https://betakit.com/tag/celly/)
- [nextdoor](https://betakit.com/tag/nextdoor/)
- [guardly](https://betakit.com/tag/guardly/)
- [onstar](https://betakit.com/tag/onstar/)
- [splitsecnd](https://betakit.com/tag/splitsecnd/)
- [splitsecond](https://betakit.com/tag/splitsecond/)
- [oink](https://betakit.com/tag/oink/)
- [polar](https://betakit.com/tag/polar/)
- [swipp](https://betakit.com/tag/swipp/)
- [thumb](https://betakit.com/tag/thumb/)
- [WePay](https://betakit.com/tag/wepay/)
- [lover.ly](https://betakit.com/tag/lover-ly/)
- [bing fund](https://betakit.com/tag/bing-fund/)
- [katie smith-adair](https://betakit.com/tag/katie-smith-adair/)
- [OneKingsLane](https://betakit.com/tag/onekingslane/)
- [pickie](https://betakit.com/tag/pickie/)
- [beck taxi](https://betakit.com/tag/beck-taxi/)
- [diamond taxi](https://betakit.com/tag/diamond-taxi/)
- [on-demand car service](https://betakit.com/tag/on-demand-car-service/)
- [goinstant](https://betakit.com/tag/goinstant/)
- [gotomeeting](https://betakit.com/tag/gotomeeting/)
- [join.me](https://betakit.com/tag/join-me/)
- [screenhero](https://betakit.com/tag/screenhero/)
- [screenshare](https://betakit.com/tag/screenshare/)
- [CrowdSync](https://betakit.com/tag/crowdsync/)
- [switchcam](https://betakit.com/tag/switchcam/)
- [vine](https://betakit.com/tag/vine/)
- [bloomfire](https://betakit.com/tag/bloomfire/)
- [craig malloy](https://betakit.com/tag/craig-malloy/)
- [cranium](https://betakit.com/tag/cranium/)

## Media Tags

- [D-wave](https://betakit.com/media_tag/d-wave/)
- [Quantum processors](https://betakit.com/media_tag/quantum-processors/)
- [CIX](https://betakit.com/media_tag/cix/)
- [elevate](https://betakit.com/media_tag/elevate/)
- [atom](https://betakit.com/media_tag/atom/)
- [electron](https://betakit.com/media_tag/electron/)
- [f](https://betakit.com/media_tag/f/)
- [logo](https://betakit.com/media_tag/logo/)

## Structural Tags

- [Hide Ads](https://betakit.com/struct/hideads/) - Hides an ad from loading at the bottom of a post. Does not affect the sidebar or footer ads spots.
- [Override with BetaKit Patreon](https://betakit.com/struct/override-patreon/) - Overrides the sponsor at the bottom of a post with BetaKit’s Patreon ad. Does not affect the sidebar or footer ad spots.