BetaKit - Canadian Startup News & Tech Innovation - Part 46

Canadian Startup News & Tech Innovation

Pierre Polievre banner | BetaKit

By Alex Riehl April 14, 2025

Several tech figures endorse Pierre Poilievre’s Conservatives in open letter connected to Fairfax Financial

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Toronto Tech Week banner

By Douglas Soltys April 14, 2025

Chamath Palihapitiya, Sanja Fidler among Homecoming headliners as Toronto Tech Week unveils event calendar

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BetaKit rotating banner

By Siri Agrell April 10, 2025

BetaKit to launch “Most Ambitious” issue on June 23, 2025

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Public markets banner | BetaKit

By Madison McLauchlan April 9, 2025

Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs

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CVCA CEO Kim Furlong banner | BetaKit

By Josh Scott April 7, 2025

CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties

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LATEST

By Josh Scott September 13, 2024

BDC appoints Geneviève Bouthillier as head of BDC Capital amid “uncertain market conditions”

Bouthillier replaces Jérôme Nycz as VC lead following his sudden departure after 22 years at BDC.

Ecomtent

By Isabelle Kirkwood September 13, 2024

Ecomtent closes $1.15 million CAD in pre-seed funding for its AI-powered content generator

Startup led by ex-Amazon exec and AI scholar wants to help retailers sell in the AI era.

BDC

By Isabelle Kirkwood September 13, 2024

BDC writes down venture capital portfolio by $220 million in annual report

Crown corporation attributes value shortfall to “uncertain market conditions” despite posting higher than expected net…

Zum Rails

By Alex Riehl September 12, 2024

Zūm Rails moves recently-named CEO Miles Schwartz to Miami to lead US growth initiative

Omni-rail payment solution saw 75 percent increase in its US business over the last year.

By Loraine Centeno September 12, 2024

Global trends report shows AI adoption still lags in Canada

In Canada, only 35 percent of organizations say AI is ‘widely implemented.’

By Alex Riehl September 12, 2024

Disaster restoration startup Kahi looks to solve “adversarial relationship” between insurance companies and subcontractors with IoT

Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund.

Landbase Founding Team

By Isabelle Kirkwood September 12, 2024

Canadian AppDirect co-founder launches Landbase with Inovia, Desmarais family backing

Landbase has closed $12.5-million USD in seed funding for its AI-powered go-to-market solution.

By Josh Scott September 12, 2024

OMERS Ventures to be moved under new Private Capital group run by Michael Block

Reorg follows PE head retirement, tasking Block with overseeing portfolio that includes venture, green tech, growth.

edtech

By Alex Riehl September 11, 2024

Union representing Canadian Paper tutors threatens legal action following mass layoffs

Union says no complaints have been filed yet, but “several lawyers” are working the case.

By Josh Scott September 11, 2024

Amplitude Ventures, Gates Foundation lead Radiant Biotherapeutics’ $35-million USD Series A

Amplitude-created biotech startup with scientific roots in SickKids and U of T aims to advance new disease therapies.

By Isabelle Kirkwood September 11, 2024

Beacon launches remittance solution to help Canadian newcomers receive money from India

Startup launched out of stealth with $5.25 million in funding earlier this year.

Young tech workers

By Isabelle Kirkwood September 10, 2024

NPower Canada bags $4 million to prime underrepresented youth for the tech sector

Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI.

By Bianca Bharti September 10, 2024

Saskatchewan tech sector employment doubled over four-year period: report

Province says it’s on track to triple the number of tech workers by 2030.

By Alex Riehl September 10, 2024

Transit platform Spare raises $42 million Series B led by Inovia

Funding to help Vancouver-based startup expand its paratransit solution into more transit agencies.

By Alex Riehl September 10, 2024

US-based business banking startup Mercury acquires accounting platform Teal for an undisclosed amount

Acquisition comes mere months after Vancouver startup announced an $11 million CAD seed round.

The BetaKit Podcast

Toronto Tech Week

PebbleOS smartwatches Core 2 Duo and Core Time 2

Katherine Homuth SRTX founder

CFIN

Cohere's three co-founders posing for a picture.

Toronto Tech Week

PebbleOS smartwatches Core 2 Duo and Core Time 2

Katherine Homuth SRTX founder

CFIN

Cohere's three co-founders posing for a picture.

Podcasts

How Toronto Tech Week plans to host 10,000 people this June

by Douglas Soltys

From tweet to volunteer-run non-profit: inaugural Toronto Tech Week will feature over 100 events.

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Podcasts

Inside Eric Migicovsky’s crazy journey to relaunch Pebble

by Douglas Soltys

A decade after the first Pebble, Canada’s wearables king is back making smartwatches for himself.

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Podcasts

Katherine Homuth revisited

by Douglas Soltys

SRTX founder’s comments on fundraising & “losing her voice” worth revisiting with her impending departure.

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Podcasts

Canadian foodtech has a scale-up problem

by Douglas Soltys

CFIN CEO Dana McCauley says Canada has “orphaned” the companies that feed us.

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Podcasts

AI roundup: Cohere commands attention, Apple Intelligence delays, a vibe coding PSA

by Douglas Soltys

Plus: Telus announces “Sovereign AI” data centre (powered by Nvidia).

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