Online car retailer Clutch taps former Properly CEO Anshul Ruparell as CFO
Ruparell has spent the last year serving on Clutch’s board of directors.
Toronto
Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership
After “intense” attempt to raise her own fund, Khera aims to back 25 to 30 deep tech startups with IRV.
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.
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.
BetaKit to launch “Most Ambitious” issue on June 23, 2025
Annual edition will tell stories of bold ambition in Canadian tech.
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.
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, 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.
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.