FinTech firm says fewer than one percent of customers affected by now-resolved incident. The post SINs among customer data accessed in Wealthsimple security breach first appeared on BetaKit.| BetaKit
Consultation to explore big bank dominance in business financing space. The post Tech and business groups embrace Competition Bureau study into small business loan fairness first appeared on BetaKit.| BetaKit
Fadaee takes over for Sara Hooker to lead the AI company’s research lab. The post Marzieh Fadaee promoted to head of Cohere Labs first appeared on BetaKit.| BetaKit
OCIF and PrairiesCan among investors aiming to support training and commercialization. The post Calgary’s Energy Transition Centre secures $10-million expansion investment first appeared on BetaKit.| BetaKit
Vancouver startup acquires the San Francisco-based go-to-market platform months after going “AI-first.” The post Klue doubles down on AI with Ignition acquisition first appeared on BetaKit.| BetaKit
Industry leaders say program could be “turning point” for Ontario’s health system. The post Ontario bets on made-in-province healthtech with streamlined Innovation Pathway first appeared on BetaKit.| BetaKit
The Ottawa startup says it has raised a “very substantial” pre-seed round since its June founding. The post Dominion Dynamics to test defence tech in “extreme” environment through Arctic Training Centre partnership first appeared on BetaKit.| BetaKit
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator. The post NATO backs Canadian defence tech with nearly $1 million for two companies first appeared on BetaKit.| BetaKit
Founder Katherine Homuth left the company in March. The post SRTX names BonLook co-founder Sophie Boulanger new CEO first appeared on BetaKit.| BetaKit
Burnaby firm gets US green light for innovative system to treat atrial fibrillation. The post FDA approval marks “most significant milestone” in Kardium’s history first appeared on BetaKit.| BetaKit
Earthy expects no short-term strategy changes as organization searches for new head. The post InBC CEO Jill Earthy leaves after “mutual decision” with board first appeared on BetaKit.| BetaKit
Inside the agenda for Canada's largest AI event, coming to Montréal on Sept. 24 and 25. The post Aidan Gomez, Kari Briski, Minister Evan Solomon, Yoshua Bengio to headline ALL IN 2025 first appeared on BetaKit.| BetaKit
The VC firm has closed $25 million USD to back more early-stage Canadian software startups. The post White Star Capital wants to lead Canadian seed rounds with new $50-million USD fund first appeared on BetaKit.| BetaKit
The lawsuit stems from allegations the company distorted financial reports. The post Lightspeed would pay $11 million CAD and admit no wrongdoing in proposed lawsuit settlement first appeared on BetaKit.| BetaKit
The $2.4 million CAD will support the Black Entrepreneurship Alliance's incubator programs. The post FedDev Ontario pledges millions to support Black entrepreneurs first appeared on BetaKit.| BetaKit
The Google alum says the AI institute should be "ambitious" and "do more." The post New era at Mila as Hugo Larochelle named scientific director first appeared on BetaKit.| BetaKit
Femtech Canada and Innovation Factory are turning a founder network into a national force. The post Inside the platform powering a women’s health uprising first appeared on BetaKit.| BetaKit
Latest report shows Crown corp. hiked VC investments and contended with “correction on valuation” in fiscal 2025. The post Isabelle Hudon says BDC is getting ready to support Canada’s defence tech sector in “a more aggressive way” first appeared on BetaKit.| BetaKit
Telecom giant says reuniting with its spinout will accelerate AI and SaaS transformation. The post Telus Digital to rejoin parent company after $743-million CAD acquisition first appeared on BetaKit.| BetaKit
On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity. The post “Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype first appeared on BetaKit.| BetaKit
Fresh funding follows US launch of direct-to-consumer platform. The post Molecular You secures $6.9 million CAD to scale predictive blood tests across North America first appeared on BetaKit.| BetaKit
BC firm has raised $370 million CAD for Fund V amid an increasingly hot venture debt market. The post Vistara Growth wants out of “tweener” category as private credit firm gears up to close fifth fund first appeared on BetaKit.| BetaKit
Attempt at delivering the first Canadian commercial rocket launch delayed until at least September. The post NordSpace’s rocket launch thwarted by faulty safety system, weather delays first appeared on BetaKit.| BetaKit
Online retailer facing headwinds due to US trade policy, dip in luxury demand. The post Ssense seeks to “safeguard” company from potential sale through creditor protection first appeared on BetaKit.| BetaKit
Indeed says job postings are down 19 percent since 2020. The post Canadian tech job listings plunge below pre-pandemic levels and AI may be the culprit first appeared on BetaKit.| BetaKit
CEO’s previous company still in litigation with Thomson Reuters over 2020 copyright case. The post Bench IQ raises $7.3 million CAD for AI platform analyzing judicial rulings first appeared on BetaKit.| BetaKit
Astrus aims to tackle a remaining bottleneck in chip design: analog circuits. The post Astrus announces $11 million CAD to automate semiconductor design with AI first appeared on BetaKit.| BetaKit
Enterprise AI company recently added former Meta, Uber execs to its C-suite. The post Cohere president Martin Kon stepping down, remains “key member” of the team first appeared on BetaKit.| BetaKit
With Boast, the Newfoundland startup saved developer hours, and redirected funding into new features. The post How CoLab reclaimed 100 hours from R&D tax filings first appeared on BetaKit.| BetaKit
Shopify-backed Frontier hopes Nova Scotia startup will change the ocean to reduce emissions. The post Frontier signs $43.3-million CAD carbon removal deal with Planetary first appeared on BetaKit.| BetaKit
E-commerce giant’s new Product Design Studio to operate like an “internal agency.” The post Shopify bolsters product design team with acquisition of Molly Studio first appeared on BetaKit.| BetaKit
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year. The post Wealthsimple acquires Fey to bolster its investment research capabilities first appeared on BetaKit.| BetaKit
On Oct. 21 at the MaRS Centre, TechExit.io Toronto puts every exit path in play. The post Leaders from Shopify, 1Password, Carbon6 to unpack the biggest exit opportunities at TechExit.io Toronto first appeared on BetaKit.| BetaKit
Hackathon has a wide audience solving Earth and space challenges using real data. The post NASA will hold its 2025 Space Apps Challenge in Canada starting October 4 first appeared on BetaKit.| BetaKit
Startup aims to produce laser projector for construction sites in Montréal despite tariff concerns. The post Construction tech startup Mechasys lays out blueprint to scale with $23-million Series A first appeared on BetaKit.| BetaKit
London’s Info-Tech Research Group has scaled into a global advisory firm thanks to early support from TechAlliance. The post From a faxed newsletter to 30,000 global customers first appeared on BetaKit.| BetaKit
Source Canada backers include OMERS Ventures and RBCx. The post Canada will get a national summit in October to back procurement of homegrown tech first appeared on BetaKit.| BetaKit
Montréal firm also plans a formal review of its operations. The post CEO of meal delivery company Goodfood abruptly departs amid recent losses first appeared on BetaKit.| BetaKit
CEO David Marquis said he’s focused on “what's required to win in the future.” The post Caseware replaces the majority of its C-suite as AI comes for the accounting tech stack first appeared on BetaKit.| BetaKit
Both private and public Canadian companies could claim capital expenditures again if legislation advances. The post Proposed SR&ED changes could boost tech companies and national productivity, experts say first appeared on BetaKit.| BetaKit
Andrew Gunner once tracked expenses from airports. Now, he helps FreshBooks make embedded finance feel seamless. The post FreshBooks is making embedded finance feel invisible, and that’s the point first appeared on BetaKit.| BetaKit
Quantum computing firms among the 19 semi-finalists in latest DND-led IDEaS challenge. The post Federal challenge grants Photonic and Xanadu funding to advance quantum defence tech projects first appeared on BetaKit.| BetaKit
New hub will be led by Ken Wong, who founded Vancouver startup Datajoy. The post Databricks opens Vancouver R&D centre as data giant anticipates $100-billion USD valuation first appeared on BetaKit.| BetaKit
CEO’s public plea answered as company resumes advancement of its fusion demonstration program. The post General Fusion staves off funding crunch with $30 million CAD to fuel quest for commercial fusion power first appeared on BetaKit.| BetaKit
Ontario supports investment with $2 million grant following industry calls to support homegrown innovation. The post Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility first appeared on BetaKit.| BetaKit
Calgary-based startup says Canadian VC interest in military technology is growing. The post North Vector Dynamics secures $4.2-million contract with National Defence for hypersonic propulsion first appeared on BetaKit.| BetaKit
Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals. The post Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal first appeared on BetaKit.| BetaKit
Cleantech company plans to remove 3,000 tonnes of CO2 from the air by the end of the year. The post Deep Sky boots up inaugural direct air carbon capture facility in Alberta first appeared on BetaKit.| BetaKit
Toronto became home to the pharma giant’s first innovation space outside of the US in 2016. Now it’s leaving. The post MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto first appeared on BetaKit.| BetaKit
The startup says it can now build its first power plant. The post Canadian-led Aalo Atomics raises $100-million USD Series B for its nuclear power plans first appeared on BetaKit.| BetaKit
The 2025 pitch competition winners will join a Canadian delegation in Dubai. The post AGAZ Summit is where Canadian founders go global first appeared on BetaKit.| BetaKit
Second Industrial Innovation Venture Fund to have increased focus on critical minerals. The post BDC commits another $200 million to startups building tech for legacy industries first appeared on BetaKit.| BetaKit
Formerly known as MDF Commerce, the now-private Montréal company has also acquired Calgary's Ontopical. The post Sovra appoints new CEO Tom Spengler as it sells off “non-core businesses” to focus on government tech first appeared on BetaKit.| BetaKit
AI startup partnered with the Canadian government in June on AI research and safety. The post Feds sign new agreement with Cohere to explore AI uses within government services first appeared on BetaKit.| BetaKit
With early backing from ventureLAB and YSpace, BidBlox AI is modernizing preconstruction across North America. The post Markham’s tech ecosystem helped this founder take on construction’s biggest bottleneck first appeared on BetaKit.| BetaKit
Saskatoon software firm aims to make agentic AI more accessible for SMBs. The post Vendasta launches AI agents to bring “enterprise-grade” automation to small businesses first appeared on BetaKit.| BetaKit
Misfit Ventures co-founders say “reverse brain drain” of talent could be a silver lining for Canada. The post Queer tech founders explore move to Canada as US abandons DEI first appeared on BetaKit.| BetaKit
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019. The post Friendlier closes $4.5 million to help more food service operators ditch single-use containers first appeared on BetaKit.| BetaKit
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January. The post Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition first appeared on BetaKit.| BetaKit
A volatile crypto market has affected the Canadian startup’s final months of independence. The post WonderFi Q2 earnings show widening losses ahead of Robinhood takeover first appeared on BetaKit.| BetaKit
Both Healwell and parent company Well Health reported record earnings in Q2. The post Healwell plans to offload research, patient businesses as it focuses on AI first appeared on BetaKit.| BetaKit
COO Elliot Schneier promoted to CEO as company founder becomes president. The post Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding first appeared on BetaKit.| BetaKit
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead. The post Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs first appeared on BetaKit.| BetaKit
NRCan funding follows a period of turmoil for Québec’s EV sector. The post Federal government invests $8 million into six Québec EV battery and charging projects first appeared on BetaKit.| BetaKit
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing. The post US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap first appeared on BetaKit.| BetaKit
Kirsti Racine’s team is behind the platform transforming how TD employees and engineers use AI. The post The platform and technology team powering AI at TD first appeared on BetaKit.| BetaKit
Sixty percent of VC deals in the province were under $5 million in Q2, new data shows. The post Seed-stage rebound a bright spot in Québec’s gloomy VC landscape: report first appeared on BetaKit.| BetaKit
The move comes amid threats to election integrity from AI-enabled disinformation. The post Commissioner of Canada Elections will “explore the use” of AI first appeared on BetaKit.| BetaKit
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn. The post BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil first appeared on BetaKit.| BetaKit
The innovation hub's new partnership is opening doors between Canada's tech sector and Asia. The post YSpace is turning Toronto and York Region into a springboard for Hong Kong startups first appeared on BetaKit.| BetaKit
Former Doorr founders’ new app has amassed four million users in four years, including new advisor Steve Aoki. The post How Collectr bootstrapped a trading card hobby into an eight-figure business first appeared on BetaKit.| BetaKit
CVCA report finds life sciences, venture debt among bright spots in otherwise bleak H1 2025. The post “Wake-up call” unheeded as Canadian VC investment hits lowest level since H1 2020 first appeared on BetaKit.| BetaKit
Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security. The post Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises first appeared on BetaKit.| BetaKit
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment. The post Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks first appeared on BetaKit.| BetaKit
Online used car retailer gears up to scale its presence in Richmond over the next two years. The post Clutch opens BC facility as it hits the gas on renewed Western Canada expansion first appeared on BetaKit.| BetaKit
Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month. The post NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland first appeared on BetaKit.| BetaKit
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings. The post OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets” first appeared on BetaKit.| BetaKit
Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business. The post Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking first appeared on BetaKit.| BetaKit
Propel soars on continued demand, while Thinkific posts modest gains and looks upmarket. The post Propel posts another record quarter as Thinkific begins courting larger customers in Q2 first appeared on BetaKit.| BetaKit
Doximity now beta testing a product with Pathway's AI-powered search technology and medical datasets. The post Pathway acquired by US telehealth firm Doximity for $63 million USD first appeared on BetaKit.| BetaKit
Montréal-based startup targets niche market with odour-masking headgear. The post Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch first appeared on BetaKit.| BetaKit
Saskatchewan startup gives over 3,000 sports orgs and three million users an assist with league management. The post TeamLinkt scores $8.3-million CAD Series A to expand sports administration platform across North America first appeared on BetaKit.| BetaKit
The company increased Bitcoin holdings as part of a $50-million crypto treasury strategy. The post Mogo sells $13.8 million of WonderFi stake to buy Bitcoin ahead of Robinhood deal first appeared on BetaKit.| BetaKit
Ledwell succeeds retiring founder Rory Francis after 20 years leading life sciences industry group. The post PEI BioAlliance appoints Sandpiper Ventures principal Lauren Ledwell as CEO first appeared on BetaKit.| BetaKit
Ripple says acquisition will help drive stablecoin innovation and adoption in global payments. The post Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD first appeared on BetaKit.| BetaKit
With expert support from tech veterans, startups like LiORA are proving the Prairies can punch above their weight. The post Co.Labs’ XiR program is turning mentorship into $100 million of momentum first appeared on BetaKit.| BetaKit
The US company also plans to build Toronto into “a core development engine.” The post Harvey to bring AI legal platform to Canada with new Toronto office first appeared on BetaKit.| BetaKit
From mainframes to modern tooling, TD engineers are set up to grow, build faster, and deliver at scale.| BetaKit
Plus: American chip giant AMD to acquire Untether AI team.| BetaKit
Toronto-based AI chipmaker Untether AI has ceased supplying and supporting its products and entered into “a strategic agreement” with AMD.| BetaKit
Provincial investment agency’s overall $13-million return came in well below $194 million forecast.| BetaKit
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.| BetaKit
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.| BetaKit
Canadian-founded, Miami-headquartered Rails has raised $14 million USD via the sale of token warrants and launched its hybrid crypto trading platform in the US.| BetaKit
Adlib Software and Scope Technologies also recently shuffled the C-suite.| BetaKit
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.| BetaKit
Projects backed by matching $15-million private investment aim to upskill and connect workers with employers.| BetaKit
FNBC and BDC have announced a $100-million CAD initiative to help Indigenous communities and economic development agencies acquire established businesses.| BetaKit
Chris Rogers tapped to lead Instacart as CEO, Uber appoints Andrew Macdonald as global president and COO.| BetaKit
Startup’s researchers generated error-resistant photonic qubits on a single chip for the first time.| BetaKit