PolicyMe eyes new insurance products, more big-name partners after raising $30 million over two years
Toronto insurtech startup is investing big in AI but cautious about implementation in “tricky” industry.
Ontario
Bell and Ericsson’s Ottawa team field-test AI-powered tech to reduce cell network traffic jams
Companies say the link adaptation tech is a first and could boost speed and capacity.
Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round
Cyclic now counts Amazon and Microsoft as backers after extending round for a second time.
Cohere doubles down on agentic search capabilities with new Embed 4 model
Agents will continue to be an important part of enterprise AI adoption, Cohere told BetaKit.
Xaba aims to make industrial robots smarter with $8-million CAD seed extension
Low-code software serves as a robot’s “synthetic brain,” according to the company.
Chamath Palihapitiya, Sanja Fidler among Homecoming headliners as Toronto Tech Week unveils event calendar
More than 10,000 people expected to attend over 100 events across five days in June.
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.
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.