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.

A pair of hands holding a mobile phone which has the Shopify logo on it
Acquisitions

Shopify acquires search startup Vantage Discovery for undisclosed amount

Mar 17, 2025

Shopify CTO hints that Vantage’s AI-powered platform could help merchants advertise.

VC

Vertu Capital promotes principal and “employee number two” Eric Kafka to partner

Mar 13, 2025

Kafka previously worked with Vertu’s founding managing partner Lisa Melchoir at OMERS Private Equity.

Acquisitions

Kraken Robotics looks to peer further under the sea with $24.5-million acquisition of 3D at Depth

Mar 13, 2025

Acquisition of US-based firm to build on Newfoundland company’s subsea imaging expertise.

Funding

Novarc Technologies raises Series B round led by Export Development Canada

Mar 12, 2025

Novarc recently partnered with a Wisconsin-based welding manufacturer to develop AI-powered welding solutions.

AI

Waabi develops realism metric to gauge reliability of autonomous vehicle simulators

Mar 12, 2025

Founder and CEO Raquel Urtasun calls on all AV developers to demonstrate their simulators are true to life.

Acquisitions

Redbrick acquires New York-based newsletter advertising platform Paved

Mar 11, 2025

This is the software rollup firm’s fourth American acquisition over the past five years.

Funding

Xatoms and Knead take home top prizes amid strong Canadian showing at SXSW pitch competition

Mar 11, 2025

Canada was represented in five of the more than 70 companies pitching.

Acquisitions

Deloitte Canada acquires grant matchmaker Pocketed for undisclosed amount

Mar 11, 2025

Deloitte pockets startup’s entire team including co-founders Brianna Blaney and Aria Hahn.

Funding

Canadian government opens $300-million AI Compute Access Fund in latest AI commitment

Mar 10, 2025

Fund follows recent refresh of feds’ AI Advisory Council and release of public service AI strategy.

Funding

Government of Canada commits over $6 billion to help businesses weather trade war

Mar 7, 2025

EDC and BDC get a big boost to support businesses affected by tariffs and market uncertainties.

Funding

DMZ Women Innovation Summit boosts women-led AI, farming, and health startups with $535,000 investment

Mar 7, 2025

Cashew, Migranium, Edie Farming, and Metronome emerge from pitch competition with new backing.

“My god, this is exhausting”: US delays some tariffs against Canada until April

Mar 6, 2025

President Donald Trump’s backtrack limited to Canadian goods covered under CUSMA.

Funding

Facit and OBIO reveal first cohort of women founders working on health and cancer innovation with WeSEED

Mar 6, 2025

Program aims to help women-led life sciences startups advance healthcare and homegrown IP in Ontario.

Funding

Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding

Mar 5, 2025

Ada, Mission Control, and Loop Financial among supported companies.

A pair of hands holding a mobile phone which has the Shopify logo on it
AI

Shopify merchants can now prompt AI to design a store theme

Mar 5, 2025

Merchants can generate up to three free personalized themes with a description of their business.

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