Unprecedented revenue growth from AI companies has changed startup math. The post How VCs are navigating the AI era with Ripple Ventures’ Matt Cohen 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
Test your knowledge of Canadian tech news with The BetaKit Quiz for August 29, 2025. The post xAI bites Apple, Wealthsimple buys insights, and #CDNtech’s newest summit 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
Plus: The former Meta employee trying to stop Canada's AI brain drain. The post Taking Pride in Canadian tech first appeared on BetaKit.| BetaKit
With AXL, Dr. Daniel Wigdor plans to help launch 50 AI companies in the next five years and keep them in Canada. The post Can one venture studio stop Canada’s AI brain drain? first appeared on BetaKit.| BetaKit
Test your knowledge of Canadian tech news with The BetaKit Quiz for August 22, 2025. The post Vendasta goes agentic, Databricks builds in Vancity, and Google’s late-night host 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
Plus: The bright spot in Québec’s gloomy VC landscape. The post Cohere remains Canada’s AI hope first appeared on BetaKit.| BetaKit
Former DarwinAI CEO Sheldon Fernandez discusses the virtues of being vulnerable with his ChatGPT-4o instance. The post What can talking to AI teach us? 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
Test your knowledge of Canadian tech news with The BetaKit Quiz for August 15, 2025. The post NordSpace breaks ground, Shopify reclaims its crown, Perplexity courts Google 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
Plus: Cohere pitches security and productivity with general release of North. The post Peeking through the Canadian tech IPO window first appeared on BetaKit.| BetaKit
Highlights from BetaKit Town Hall: Most Ambitious with NordSpace, Deep Sky, Xatoms, MycoFutures, and Verto Health. The post How Canada can be a leader in space (and save the world) 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
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD. The post Descartes continues US acquisitions as it navigates global trade upheaval first appeared on BetaKit.| BetaKit
Clay has grown its valuation sixfold in just over a year, from $500 million USD to $3.1 billion USD. The post Canadian-founded Clay raises $100-million USD Series C led by Alphabet’s growth fund first appeared on BetaKit.| BetaKit
Co-founder Nick Frosst reiterates that return on investment is Cohere's priority. The post Cohere pitches security and productivity with general release of North enterprise AI platform first appeared on BetaKit.| BetaKit
Stock surges 20 percent as CFO claims no "meaningful changes" from tariffs. The post Shopify regains status as Canada’s most valuable company with strong Q2 earnings first appeared on BetaKit.| BetaKit
Lean Six Sigma is bringing structure, speed, and strategy to tech teams. The post Why tech managers are earning their Green Belt first appeared on BetaKit.| BetaKit
Remediation platform tracks and helps clean pollution in abandoned industrial sites. The post LiORA secures $5.1 million in seed funding to scale its soil remediation platform in the United States first appeared on BetaKit.| BetaKit
Funding to bolster Toronto startup’s team expansion, product development, and market reach. The post Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles revenue first appeared on BetaKit.| BetaKit
Plus: Trade war uncertainty has some Canadian startups "hanging by a thread." The post AI is changing startup math first appeared on BetaKit.| BetaKit
Logistical hurdles mount for startups as US deadline yields no trade deal. The post Trade war uncertainty drags on for Canadian tech as US hikes tariffs, changes duty rules first appeared on BetaKit.| BetaKit
Test your knowledge of Canadian tech news with The BetaKit Quiz for August 1, 2025. The post Cohere rings Bell, Shopify’s design departure, 4AG Robotics harvests capital first appeared on BetaKit.| BetaKit
Hiring platform preps “full-scale launch” after partnering with Algoma University on accessibility tool. The post Enabled Talent is using AI to make every job disability-inclusive first appeared on BetaKit.| BetaKit
Shared values, deep talent, and government support are drawing firms like Cohere and OpenText across the pond. The post Canada’s tech heavyweights are planting flags in the UK first appeared on BetaKit.| BetaKit
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.” The post Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD first appeared on BetaKit.| BetaKit
Drouin is departing the angel investor network for personal reasons less than a year after taking the helm. The post Marc-Antoine Cantin to lead Anges Québec as CEO Stéphane Drouin steps down first appeared on BetaKit.| BetaKit
CEO claims Lightspeed has been “winning where it matters” after revising GTM strategy. The post Lightspeed beats outlook in fiscal Q1 to tepid market response first appeared on BetaKit.| BetaKit
The region is making a strategic appeal to Canadian tech, offering talent, infrastructure, and on-the-ground support. The post Northern Ireland’s soft sell to Canada is sticking first appeared on BetaKit.| BetaKit
Canadian AI godfather Yoshua Bengio joins advisory board of $29-million research initiative. The post Canada’s AI safety institute pledges $1 million to UK counterpart for research collaboration first appeared on BetaKit.| BetaKit
Province follows through on US tariff countermeasure, pays undisclosed break fee to Elon Musk’s company. The post Ontario Premier Doug Ford officially cancels province’s contract with SpaceX’s Starlink first appeared on BetaKit.| BetaKit
News comes as Carbon Upcycling breaks ground on a CO2 capture facility. The post NGen helps lead $108-million investment in sustainable manufacturing tech first appeared on BetaKit.| BetaKit
Vancouver VC firm is targeting a final close totalling $250 million within the next year. The post Yaletown Partners raises $100 million in first close for third Innovation Growth Fund first appeared on BetaKit.| BetaKit
Ceedar nabs angel cheques from Canadian founders looking for simplified accounting options. The post AI bookkeeping startup Ceedar is turning customers into investors first appeared on BetaKit.| BetaKit
Atlantic Canadian biotech company sells supplements and food fortifiers under two subsidiaries. The post Mara Renewables bringing fish-free omega-3 to global markets with $12.5 million from S2G Investments first appeared on BetaKit.| BetaKit
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of "long-term project." The post Canada awards $14.6 million contract to space triumvirate to build its new lunar rover first appeared on BetaKit.| BetaKit
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.” The post Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital first appeared on BetaKit.| BetaKit
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour. The post 4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round first appeared on BetaKit.| BetaKit