Truck electrification startup Effenco Development raises $10 million
Montreal-based heavy-duty vehicle electrification and connected mobility startup Effenco Development has closed $10 million CAD in financing. The round, which closed July 31, was…
AutoTech
AutoTech startup Acerta secures $5 million USD of new capital in OMERS-led Series A
Acerta Analytics, which uses machine learning to help automakers perform quality control, has announced a $7 million USD ($9 million CAD) Series A round…
Uber to expand its operations across Quebec this fall
Uber has announced that it plans to make its rideshare services available throughout Quebec starting this fall. The company currently only operates in Montreal,…
TransPod signs deal with Alberta to develop Hyperloop track connecting Edmonton, Calgary
Toronto-based AutoTech startup TransPod has signed a memorandum of understanding (MOU) with the provincial government of Alberta to support the development of a high-speed…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led by new…
Peer-to-peer car-sharing company Turo launches in British Columbia
San Francisco-based Turo, which enables private car owners to rent their vehicles through its online platform, has expanded to British Columbia (BC). Turo first…
Fredericton’s Potential Motors raises $2.5 million seed round
Potential Motors, a startup based in Fredericton, New Brunswick that uses artificial intelligence (AI) to boost vehicle safety and performance, has raised a $2.5…
Damon Motorcycles raises additional $3 million, acquires Mission Motors’ portfolio
Vancouver-based Damon Motorcycles, a developer of safety innovations for motorcycles using sensor fusion, robotics, and artificial intelligence, has secured $3 million in additional financing….
Toronto rideshare company Facedrive to acquire HiRide
Toronto-based ridesharing company Facedrive has entered into a share exchange agreement to acquire the entirety of HiRide, a socially responsible ride-sharing and car-pooling app….
Report suggests making 407 autonomous vehicle highway, other ways prepare Toronto area for autonomous future
As Canada prepares for an autonomous future, Toronto will need to scale its deployment of autonomous vehicles (AV), according to a report by the…
Mark Endras, Cedric Mathieu talk challenges and changes in Canada’s AutoTech industry
Last week, BetaKit hosted a panel discussion in partnership with car auction platform TradeRev on automobile ownership and urban mobility technology. BetaKit associate editor…
University of Waterloo holds grand opening of autonomous vehicle research facility
Tuesday marked the official grand opening of the Autonomous Vehicle Research & Intelligence Laboratory (AVRIL), a facility located on the University of Waterloo’s campus….
AutoTech by TradeRev + BetaKit
BetaKit has partnered with TradeRev on a new event series investigating the future of Canada’s AutoTech industry. Event Schedule 6:00-6:30 pm: Doors Open &…