Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Canadian Tech & Startup News
Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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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.

AI

Caseware replaces the majority of its C-suite as AI comes for the accounting tech stack

Aug 22, 2025

CEO David Marquis said he’s focused on “what’s required to win in the future.”

Funding

Databricks opens Vancouver R&D centre as data giant anticipates $100-billion USD valuation

Aug 21, 2025

New hub will be led by Ken Wong, who founded Vancouver startup Datajoy.

Funding

Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility

Aug 21, 2025

Ontario supports investment with $2 million grant following industry calls to support homegrown innovation.

Acquisitions

Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal

Aug 20, 2025

Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals.

Healthtech

MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto

Aug 20, 2025

Toronto became home to the pharma giant’s first innovation space outside of the US in 2016. Now it’s leaving.

Acquisitions

Sovra appoints new CEO Tom Spengler as it sells off “non-core businesses” to focus on government tech

Aug 19, 2025

Formerly known as MDF Commerce, the now-private MontrĂ©al company has also acquired Calgary’s Ontopical.

Friendlier
Funding

Friendlier closes $4.5 million to help more food service operators ditch single-use containers

Aug 18, 2025

Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.

AI

Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition

Aug 15, 2025

Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.

Funding

Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding

Aug 14, 2025

COO Elliot Schneier promoted to CEO as company founder becomes president.

Funding

Federal government invests $8 million into six Québec EV battery and charging projects

Aug 14, 2025

NRCan funding follows a period of turmoil for QuĂ©bec’s EV sector.

Funding

BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil 

Aug 13, 2025

Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.

SaaS

How Collectr bootstrapped a trading card hobby into an eight-figure business

Aug 13, 2025

Former Doorr founders’ new app has amassed four million users in four years, including new advisor Steve Aoki.

Deep Tech

NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland

Aug 12, 2025

Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month.

Markets

OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”

Aug 11, 2025

James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.

Atlantic Canada

PEI BioAlliance appoints Sandpiper Ventures principal Lauren Ledwell as CEO

Aug 7, 2025

Ledwell succeeds retiring founder Rory Francis after 20 years leading life sciences industry group.

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