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

Richa Mehta joins Radical Ventures as San Francisco-based partner

Nov 13, 2024

AI-focused VC firm launched a new $800-million USD growth fund in August.

SaaS

1Password alters leadership with David Faugno appointed co-CEO alongside Jeff Shiner

Nov 12, 2024

Faugno was tapped to serve as the company’s first-ever president and COO last year.

Cleantech

4AG Robotics, Daanaa return to Foresight’s 50 “most investible” cleantech ventures list in 2024

Nov 11, 2024

Panel of cleantech investors evaluate potential economic impact, leadership team, and environmental impact.

Events

ImaginAble Solutions founder Lianna Genovese recognized at 11th annual Muhammad Ali Humanitarian Awards

Nov 11, 2024

The young Canadian founder accepted the award on the same stage as Shaquille O’Neal.

AI

Online legal database CanLII sues Caseway AI for copyright infringement

Nov 8, 2024

CanLII alleges Caseway scraped 3.5 million records from its database, violating terms of use.

Funding

Longbow Capital completes $150-million initial close of second Energy Transition Fund

Nov 6, 2024

Fund is targeting $250 million to invest in companies that help lower carbon emissions.

Manzil team
Acquisitions

Manzil acquires Aghaz to expand Halal financial solutions to the United States

Nov 5, 2024

Deal includes Aghaz’s platform and status as a Registered Investment Advisor with the SEC.

Funding

Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv

Nov 4, 2024

Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.

Funding

Procurify launches new accounts payable product following growth capital from CIBC

Nov 1, 2024

Procurement startup secured $68 million CAD Series C round in 2023.

BetaKit Town Hall: Vancouver Alison Taylor Jane App
Events

Vantage Points: Alison Taylor thinks tech is actually kind of weird

Oct 31, 2024

Jane App co-founder says she doesn’t understand recent calls for businesses to leave Canada.

EY Canada CEO Alycia Calvert and Propel Holdings Clive Kinross
Events

Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners

Oct 30, 2024

Regional winners will compete for national title to represent Canada globally in Monaco.

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

Shopify combines its financial solutions into one dashboard

Oct 29, 2024

Canadian merchants can currently use two of Shopify’s five Finance offerings.

VC

Invest Nova Scotia has recovered most of stolen funds following summer scam

Oct 28, 2024

Justice Department helped return majority of $573,000 lost to email breach and phishing attack.

Funding

CABHI and EnvisAGE unveil funding programs for Canadian AgeTech startups

Oct 25, 2024

EnvisAGE dispensed $5 million to 16 projects while CABHI opened applications for a new accelerator program.

Budget2024 AI announcement
Funding

Applications open for federal SMB programs aimed at AI adoption

Oct 24, 2024

The $300 million programs are part of the 2024 federal budget’s $2.4 billion AI package.

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