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.

Events

Jane App, Daanaa headline 2024 BC Tech Impact Awards winners

Oct 24, 2024

Awards recognize companies and individuals who have made a significant impact on BC’s tech industry.

Acquisitions

Spark Real Estate acquires Juniper Homeowner Care to expand home developer CRM offering

Oct 24, 2024

Spark president: “When enough people tell you to combine the two companies, it’s time to start listening.”

BetaKit Town Hall: Vancouver Jane App
Events

Jane App co-founder reveals company’s centaur status at BetaKit Town Hall: Vancouver

Oct 23, 2024

Jane App sported a 378 percent three-year revenue growth rate on last year’s Technology Fast 50.

Funding

Kraken Robotics raises $51.75 million CAD through bought deal public offering

Oct 23, 2024

Toronto-based investment bank Cormark Securities served as lead underwriter of the offering.

Acquisitions

Thomson Reuters acquires American portfolio company Materia AI

Oct 22, 2024

Materia emerged from stealth earlier this year with Thomson Reuters’ backing.

Funding

Family office software MyFO secures $3.5 million USD seed round led by Rhino Ventures

Oct 21, 2024

Capital will be used to scale operations, improve product offerings, and expand its team.

Funding

PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada

Oct 21, 2024

BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.

Layoffs

Inside FreshBooks’ struggle to reach profitability

Oct 18, 2024

FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns.

Funding

New funding for Kepler and Wyvern headline busy month in Canadian space tech

Oct 18, 2024

Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.

Funding

NCC commits $22.8 million to 37 cybersecurity projects

Oct 17, 2024

Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.

Funding

Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI

Oct 17, 2024

Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.

Queens Park
Funding

Ontario launches second phase of life sciences strategy to bolster research and funding

Oct 16, 2024

$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.

Rivercity Innovations
Funding

Rivercity Innovations freshens up with $2 million CAD to further expand cold chain monitoring around the world

Oct 10, 2024

Round marks first major investment by StepChange, a growth capital firm targeting Western Canada.

‘AI godfather’ Geoffrey Hinton co-wins 2024 Nobel Prize in Physics

Oct 8, 2024

British-Canadian University of Toronto professor has repeatedly warned against the unchecked development of AI.

BlueCat
Acquisitions

BlueCat Networks to acquire San Francisco-based LiveAction from Insight Partners

Oct 7, 2024

Insight will remain a minority investor in the network intelligence solution.

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