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

Q&A: Why the threat of Anthropic’s Mythos demonstrates the need for sovereign AI

May 4

CIRA VP Jon Ferguson on how the Project Glasswing preview could leave Canadian firms out in the cold.

Funding

Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing

May 1

Juno Industries has secured $12 million in commitments to list on TSVX in reverse takeover deal.

Funding

Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure

Apr 30

Company can deploy more than 30,000 open-source AI models through a single API.

Reports

AI developers not meeting the needs of LGBTQ+ users, report suggests

Apr 29

Industry group says some survey responses from AI developers were malicious, hateful, and homophobic.

Acquisitions

Lightspeed offloads Upserve at a discount as transformation plan continues

Apr 29

Montréal-based payments firm sells US hospitality business for nearly $350 million less than it paid.

Events

Q&A: Kepler’s CEO on Canada’s space ambitions and the best Toronto Tech Week eats

Apr 29

Mina Mitry talks launching the world’s first optical relay satellite network ahead of Toronto Tech Week appearance.

FinTech

Koho users can now buy, hold, and manage crypto

Apr 29

Toronto FinTech aims to lower crypto’s barrier to entry through a partnership with exchange Ndax.

Funding

AI strategy pillars, new SMB procurement program revealed in Canada’s Spring Economic Update

Apr 28

However, critics say focus on trade and defence has left little attention for innovation.

AI

Global payroll platform Borderless AI now lets employees get paid in crypto

Apr 24

Toronto startup says the tool aims to cut the hassle and cost of moving money after payroll lands.

Acquisitions

Cohere to acquire Germany’s Aleph Alpha in sovereign AI play

Apr 24

Combined company will bear Cohere name with Aidan Gomez leading as CEO.

Funding

BDC’s new $500-million loan program will help smaller businesses adopt AI

Apr 24

The LIFT initiative offers loans of up to $5 million for businesses to buy AI applications.

Funding

Biossil exits stealth with $70 million USD to give failed medicines a second chance

Apr 23

Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.

Ottawa

The man who helped build five generations of wireless retires from Ericsson’s Ottawa lab

Apr 23

Marcos Cavaletti helped guide the company into the 5G era. After 40 years, he’s finally logging off.

Events

Canada’s AI regulation will be “airtight” on bias, racism, and hate, Solomon says

Apr 21

At QueerTech breakfast, AI minister says feds will regulate lightly on innovation and tightly where harms emerge.

Funding

Carbonyx raises $1.2 million to turn mining waste into usable materials

Apr 21

CEO says true mission is to make carbon capture economically viable again.

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