BetaKit - Canadian Startup News & Tech Innovation - Part 344

Canadian Tech & Startup News

Aidan Gomez, Founder & CEO, Cohere, on Centre Stage on day one of Collision 2024 | BetaKit

By Madison McLauchlan October 29, 2026

Feds to buy stake in Cohere via planned $7-billion Series E at $36-billion valuation

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Wealthsimple co-founder and CEO Michael Katchen | BetaKit

By Josh Scott October 28, 2026

Wealthsimple announces $425-million Series F at $13.8-billion valuation

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Melanie Joly's VCCI press conference

By Madison McLauchlan October 22, 2026

Canadian VC industry hails federal funding boost, but timing and early-stage gap remain concerns

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1Password CEO David Faugno | BetaKit

By Josh Scott October 22, 2026

1Password tops $500-million USD ARR on the back of accelerating AI demand

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A Garden Loft house

By Jesse Cole October 21, 2026

Getting old is hard. This age-tech housing aims to make it easier.

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A Reaction Dynamics engine.

By Alex Riehl October 20, 2026

Reaction Dynamics plans rapid expansion to launch new medium-lift rocket by 2031

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Latest

P&P Optica

Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety

Charlize Alcaraz November 7, 2022

PPO’s systems can detect and remove objects like plastics, rubber from food.

Hopper

Hopper closes $96 million USD from Capital One at more than $5 billion valuation

Josh Scott November 7, 2022

Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.

QueerTech

QueerTech launches hybrid conference for 2SLGBTQS+ tech

Charlize Alcaraz November 7, 2022

Named QT Qonference, the event will take place from November 10 to 11.

Q4 Inc. CEO confident in 2023 profitability despite continued slow growth

Josh Scott November 7, 2022

M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion.

Twitter_Toronto_office

Canadian startup news of the week (11/6/22)

Michael Edgar November 7, 2022

Plus: Lightspeed and Nuvei increase revenues, see share prices drop.

Justin Trudeau and Chrystia Freeland

CCI laments lack of detail on SR&ED, innovation agency as feds share economic update

Charles Mandel November 4, 2022

Fall Economic Statement indicates projects are underway, but not at a pace the innovation community likes.

OnCall Health circa 2022

OnCall Health acquired by US-based SaaS provider Qualifacts

Charlize Alcaraz November 4, 2022

Prior to its acquisition, OnCall has raised around $10.5 million CAD.

Twitter_Toronto_office

Twitter’s mass layoffs hit Canadian office

Meagan Simpson and Douglas Soltys November 4, 2022

Unknown at this time how many Twitter Canada employees were affected.

How startup CFOs can prepare for their rapidly changing role expectations

Stefan Palios November 4, 2022

CFOs need to focus on facilitation, fairness, and future technology.

Vancouver skyline

Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years

Josh Scott November 4, 2022

Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again.

Artistic depiction of five layered heads.

H|T: The Healthtech Times – Inside Google’s quiet digital health acquisition

Michael Edgar November 4, 2022

Plus: Cerebral lays off 20 percent of its staff.

Lightspeed payments

Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate

Charles Mandel November 3, 2022

Lightspeed’s share price dropped after the report was tabled.

With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund

Josh Scott November 3, 2022

With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.

Google Montréal

Google opens new Montréal office, commits $2.75 million to Québec tech

Charlize Alcaraz November 3, 2022

Google finally opens new Montréal office after big 2020 commitment to expand in Canada.

Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings

Charlize Alcaraz November 3, 2022

The Victoria-based startup plans to expand from five to 150 North American cities.

The BetaKit Podcast

Kyla Scanlon on The BetaKit Podcast

Koho CEO Daniel Eberhard

ALLIN2026 panel The BetaKit Podcast

Mila entrepreneur-in-residence Alex Shee at ALL IN 2026

Lisa Zarzeczny Elevate CEO on the BetaKit Podcast

Kyla Scanlon on The BetaKit Podcast

Koho CEO Daniel Eberhard

ALLIN2026 panel The BetaKit Podcast

Mila entrepreneur-in-residence Alex Shee at ALL IN 2026

Lisa Zarzeczny Elevate CEO on the BetaKit Podcast

Podcast

Kyla Scanlon on why AI dominates the stock market

by Douglas Soltys

New York Times bestselling author explains the concerning connection between debt and the AI data centre buildout.

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Podcast

Why Koho won’t bet on prediction markets

by Douglas Soltys

Canada’s newest FinTech unicorn is poised to become its newest bank. CEO Daniel Eberhard explains what comes next.

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Podcast

Where quantum and AI intersect

by Douglas Soltys

At ALL IN, quantum leaders discussed why the tech won’t be built (or sold) like AI.

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Podcast

How Canada can keep its AI talent

by Douglas Soltys

Mila’s Alex Shee on the shift from academic institutions that could help create “generational opportunity.”

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Podcast

How the future of tech and Canada’s sovereignty are changing Elevate

by Douglas Soltys

CEO and co-founder Lisa Zarzeczny shares lessons learned from a near-decade of Elevate.

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