BetaKit - Canadian Startup News & Tech Innovation

Okanagan tech sector generated just under $5 billion of economic impact in 2023

Isabelle Kirkwood September 17, 2024

Fifty-eight percent of the region’s 787 tech companies have already reached profitability.

Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers

Loraine Centeno September 17, 2024

Elon Musk claims Starlink can provide similar internet services at half the cost. Minister Champagne disagrees.

Two years after pivot to international financial management, Loop has processed over $1 billion in payments

Isabelle Kirkwood September 17, 2024

Returning investors Mistral Ventures and Graphite Ventures among group behind $6.4-million CAD seed extension.

Exclusive: ApplyBoard secures $100-million CAD credit facility to fuel global expansion

Bianca Bharti September 17, 2024

With Canadian student visas projected to drop, ApplyBoard targets Europe and Asia.

AI startups dominate latest Google for Startups Accelerator’s Canadian cohort

Isabelle Kirkwood September 17, 2024

Ten of the 14 startups in the latest cohort claim to be using AI or machine learning as part of their core offering.

PathPresenter to establish subsidiary in Waterloo Region following Series A round

Isabelle Kirkwood September 16, 2024

Canadian-led AI pathology startup believes a physical presence in Canada will drive its push into the local market.

Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy

Isabelle Kirkwood September 16, 2024

Harvest Venture Partners believes its studio’s fastest-growing venture has a first mover advantage.

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

Evaluating our 2024 tech predictions as Q4 approaches

Bianca Bharti September 16, 2024

Plus: Leadership shakeups at OMERS and BDC.

Pablo Srugo wanted to be “insanely rich.” It killed his startup.

Douglas Soltys September 15, 2024

Now a VC, Gymtrack’s one-time COO cautions founders against becoming their own worst hypebeast.

Coveo snags SIF investment as AI project funding flows during ALL IN 2024

Alex Riehl September 13, 2024

Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects.

Xatoms, Permalution among 10-startup RBC Women in Cleantech accelerator cohort

Alex Riehl September 13, 2024

Program from MaRS and RBC looks to support woman-identifying or non-binary founders of Canadian cleantech startups.

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

Josh Scott September 13, 2024

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

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

Isabelle Kirkwood September 13, 2024

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

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

Isabelle Kirkwood September 13, 2024

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

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

Alex Riehl September 12, 2024

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

What’s in #Budget2025 for Canadian tech?

Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal

New accelerator program aims to give Canadian founders a taste of Silicon Valley

Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, CPP Investments

Evan Solomon teases new AI laws as experts warn Canada is behind international peers

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

Latest

Okanagan tech sector generated just under $5 billion of economic impact in 2023

Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers

Two years after pivot to international financial management, Loop has processed over $1 billion in payments

Exclusive: ApplyBoard secures $100-million CAD credit facility to fuel global expansion

AI startups dominate latest Google for Startups Accelerator’s Canadian cohort

PathPresenter to establish subsidiary in Waterloo Region following Series A round

Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy

Evaluating our 2024 tech predictions as Q4 approaches

Pablo Srugo wanted to be “insanely rich.” It killed his startup.

Coveo snags SIF investment as AI project funding flows during ALL IN 2024

Xatoms, Permalution among 10-startup RBC Women in Cleantech accelerator cohort

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

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

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

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

The BetaKit Podcast

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