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Alex Riehl

Alex Riehl

Alex Riehl is an Ottawa-based staff writer and newsletter curator at BetaKit. His main interests are in tech, gaming, and sports. You can follow his sports takes @alexriehl.com on Bluesky and reach him by email Alex.Riehl@betakit.com or Signal: @riehlalex.99.

Funding

Version One Ventures raises $108 million USD across two new funds

Jun 2

But Vancouver-based deep tech investor is increasingly looking outside of Canada.

AI

Leaked draft of Canada’s AI strategy reportedly reveals plans for tech growth fund

Jun 1

Draft policy promises more funding for AI Compute Access Fund and Canada’s network of AI institutes.

A headshot of Isabelle Hudon
VC

BDC extends Isabelle Hudon’s mandate as CEO through 2030

Jun 1

Crown corporation’s board chair says Hudon will help shape its next five-year strategy.

Events

Questrade’s Salim Naran doesn’t understand why more people aren’t using AI for personal finance

May 29

At Toronto Tech Week, Naran said uptake of AI tools for financial management is “surprisingly low.”

Som Seif on stage during Toronto Tech Week
FinTech

Purpose CEO Som Seif says “self-centred” finance industry is killing competition

May 28

Amidst battle with OSC, Seif claims incumbents wield the regulated nature of the financial industry against change.

Funding

Investor burn books and FaceTiming Serena Williams: three founder fundraising stories from Homecoming

May 27

CEOs of Float, Neo Financial, and Rebel told Homecoming attendees how they courted investors.

Andrew Macdonald and Satish Kanwar on stage Toronto Tech Week's Homecoming event.
Events

Uber’s president doesn’t know what the company’s 10.5 million drivers will be doing in 15 years

May 27

Andrew Macdonald tells Toronto Tech Week’s Homecoming that the gig app’s labour pool may soon start to shrink.

Funding

Lastwall raises $16 million to defend critical infrastructure in cyberspace

May 27

CEO says modern cyber warfare involves targets once considered off limits.

Acquisitions

WonderFi clears final regulatory hurdle to be acquired by Robinhood

May 26

More than a year after inking the deal, it’s finally slated to close on June 1.

Atlantic Canada

From the ashes of Ubisoft Halifax, an indie studio rises to revive Atlantic Canada’s gaming industry

May 22

Besszong is figuring out the mechanics of its debut game, and how to run a studio with no money.

Intuit
Layoffs

Intuit lays off 17 percent of its global workforce

May 21

TurboTax parent puts resources behind “big bets” that come with strategic AI focus.

VC

Canadian angel investment falls to five-year low, but women investors gain ground

May 21

NACO says women now represent 40 percent of members in participating Canadian angel networks.

Funding

Quantum Bridge raises $8 million USD to prepare for “Q-Day”

May 21

Series A funding will help U of T spinout scale its Q-Day-ready encryption method.

Funding

Sagard spins up new $150-million USD AI fund

May 20

New fund will target companies helping accelerate AI adoption in financial services and other sectors.

portrait of aidan gomez speaking at event
Acquisitions

Cohere acquires second company with German ties in Reliant AI

May 19

Acquisition is intended to accelerate entry into the healthcare sector.

Posts pagination
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