Performance anxiety and access to capital top of mind for Canadian VCs
Closed-door discussions at CIX Summit Investor Forum showed Canadian venture taking a hard look in the mirror.
Ontario
150 Canadian tech leaders urge federal parties to deliver plan for economic sovereignty in open letter
CCI letter calls on parties to share plans to build Canada’s domestic capacity at next week’s debates.
Beloved mentor and L-Spark co-founder Patrick White to depart leadership role after 12 years
White told BetaKit working at the Ottawa-based accelerator made him want to “get into the game.”
BetaKit to launch “Most Ambitious” issue on June 23, 2025
Annual edition will tell stories of bold ambition in Canadian tech.
The founders looking to redefine learning in Canada
Scaling an EdTech company is a lesson in patience, but TBDC helps founders re-write their playbooks.
Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year
In the crypto world, high-profile figures face significant security risks.
Wealthsimple acquihires Plenty, a San Francisco-based wealth management platform for couples
Co-founders of Inovia-backed startup will help Wealthsimple expand family-focused products.
Ontario takes bite out of Premier Doug Ford’s promised US procurement ban
Ban of “all” US contractors won’t apply to those with more than 250 Canadian workers.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.
Kepler Communications sells its first on-orbit compute power to Axiom Space
The Toronto firm’s satellite constellation will help power an orbital data centre
Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources
The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review.
CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties
Proposal also asks next government to follow through on VCCI, SR&ED reform, and domestic pension investment.
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.