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

AI-powered 9-1-1 call screening startup Hyper exits stealth with $6.3 million USD

Jul 23, 2025

Yukon-originated startup founded by repeat Canadian entrepreneurs Damian McCabe and Ben Sanders.

Funding

New innovation and knowledge hub to help showcase technology battling wildfires

Jul 22, 2025

The Wildfire Resilience Consortium of Canada fulfills objectives outlined by G7 leaders in Alberta last month.

SaaS

Former Toronto Raptor Pascal Siakam dishes $50,000 in grants to winners of inaugural EdTech accelerator

Jul 22, 2025

NBA champion Spicy P teamed up with a panel of judges at the Siakam EdTech Engine Accelerator’s demo day.

FinTech

Payroll platform Wagepoint appoints Xero North America lead Ben Richmond as president and CEO

Jul 21, 2025

Founding CEO Shrad Rao departed in January as the company shifted to scale-oriented leadership.

Toronto

Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts

Jul 18, 2025

Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.

Funding

GeologicAI cashes in on data centre boom with $60.5-million CAD Series B

Jul 17, 2025

Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.

AI

Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies

Jul 16, 2025

It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.

Flo
Layoffs

Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics

Jul 15, 2025

CEO believes the move is “a responsible step” toward profitability.

Funding

Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator

Jul 14, 2025

Toronto-based company has raised $154 million since founding in 2023.

Funding

Pharmacy AI agent Asepha raises $4 million USD to double staff and open New York office

Jul 14, 2025

Asepha answers the phone and files prescriptions so your pharmacist doesn’t have to.

Funding

Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event

Jul 10, 2025

Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.

Airalo founders pose in front of painted artistic background
Funding

Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round

Jul 10, 2025

COO Abraham Burak left the University of Ottawa to launch the billion-dollar business.

AI

Cobionix secures $4.1 million to commercialize its collaborative medical robot

Jul 9, 2025

Funding to support pilot projects that move CODI the robot “from bench to bedside.”

FinTech

OpenText CFO Chadwick Westlake to succeed the late Andrew Moor as CEO of Equitable Bank

Jul 9, 2025

Westlake was being groomed for the EQB CEO job before joining OpenText five months ago.

Acquisitions

Tenstorrent acquires Blue Cheetah to bring more chip design in-house

Jul 8, 2025

AI chipmaker had been licensing Blue Cheetah’s technology since last year.

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