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

VC

The51 appoints Highline Beta founder Lauren Robinson as managing partner

Mar 4, 2025

Women-led investment firm prepares to raise its third fund later this year.

“It’s done, it’s gone”: Ontario Premier Doug Ford cancels $100-million Starlink contract in tariff response

Mar 4, 2025

Contracts won’t be awarded to those who “encourage economic attacks” on Canada, Ford said.

VC

BDC Capital taps Jason Baibokas to lead $100-million Black Entrepreneurs Fund

Mar 4, 2025

Baibokas to define investment thesis and criteria of fund announced last June.

Shopify building
Markets

Shopify’s latest SEC filings show potential to become US-domiciled, TD analyst warns

Feb 28, 2025

Canada’s largest tech company names New York executive office in new 10-K filing.

Funding

Sanctuary AI, Nexera, and Novarc make deals and developments in busy week for Vancouver robotics companies

Feb 27, 2025

Nexara nabs funding from BDC, Novarc strikes a partnership, and Sanctuary AI’s robots get touchy.

SaaS

Rewind inks data protection partnership with workflow software giant Monday.com

Feb 27, 2025

Partnership could mark turning point for Ottawa company that saw momentum slow during 2023 downturn.

Funding

Paperplane Therapeutics raises $1.5 million to ease anxious patients with VR gaming

Feb 26, 2025

Funding to help company expand its reach across North America and Europe.

Venn (Formerly Vault) co-founders
Funding

Vault rebrands to Venn following $21.5-million Series A round

Feb 26, 2025

Founded as a multi-currency account, Venn looks to broaden its financial management solutions and sales staff.

Acquisitions

Prosus to acquire SkipTheDishes parent company JustEat Takeaway in $6.2-billion deal

Feb 25, 2025

Prosus to take JustEat Takeaway private and plans to maintain its key brands.

Funding

Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program

Feb 25, 2025

Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.

Funding

Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech

Feb 21, 2025

Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.

Funding

Tribe Network among second round of federal 2SLGBTQI+ Ecosystem Fund recipients

Feb 21, 2025

Latest round deals $2.8 million across 12 groups and strengthens program support in Northern and Atlantic regions.

Atlantic Canada

New government-backed tech hub The Foundry launches in PEI

Feb 20, 2025

New hub backed with more than $1.5 million in federal and provincial funding.

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

Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants

Feb 20, 2025

Affirm has powered Shop Pay Installments for US-based merchants since 2021.

Funding

Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures

Feb 19, 2025

Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform.

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