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.

FinTech

Float launches agentic AI solution for corporate credit cards

Apr 21

Toronto FinTech firm says its new AI agent can take hours of bookkeeping off finance teams’ plates.

Funding

Canadian Strategic Missions Corporation takes one small step to support life on the Moon

Apr 20

Waterloo company wins grant funding for nuclear microreactor and water purification projects.

Events

Turbopuffer doesn’t want to be Canada’s fastest-growing tech company

Apr 20

Plus: Cohere exec pledges AI firm will stay Canadian.

FinTech

Inside Wealthsimple’s “simple” effort to bring Canadian talent home

Apr 17

What started as a Canadian Thanksgiving dinner in San Francisco has attracted over 6,000 job applicants.

Even Solomon on stage at ALL IN
Funding

Canada opens applications to build a public AI supercomputer

Apr 16

Up to $890 million up for grabs to design, construct, and operate the system.

AI

Industry Minister Mélanie Joly wants to see Nokia invest more in Canada

Apr 15

Joly sees the path to a “golden age” relationship Finland and Canada.

Funding

Community event platform Wygo secures nearly $1.6 million pre-seed

Apr 14

Wygo allows hosts to create events for an audience that wants to shift their social life offline.

Ryan Holmes
SaaS

Hootsuite founder Ryan Holmes returns as interim CEO

Apr 13

Holmes replaces outgoing CEO Irina Novoselsky, just months after receiving backlash for ICE contract.

Acquisitions

Motorola acquires AI-based 911 call screening startup Hyper

Apr 10

Deal comes less than a year after Hyper exited stealth.

Funding

Ex-AWS leaders bring Soma out of stealth with a plan to ease the data centre power crunch

Apr 7

Soma Energy has raised $7 million USD for AI-powered optimization for electricity infrastucture.

Funding

How Sonibel can hear when a welder makes a mistake

Apr 7

UBC grads raise $1.6 million USD for acoustic sensor that identifies errors while you weld.

Funding

Feds invest $79 million in Aspect Biosystems to develop 3D-printed tissue treatment

Apr 2

Investment supports $280 million project to “significantly enhance” Aspect’s clinical development capabilities.

Acquisitions

Repay will buy billing platform Kubra for $372 million USD

Apr 1

Combined company expected to process $130 billion in annual payment volume.

Funding

Lockheed Martin Canada invests $3.6 million into Lemay.ai

Apr 1

Project supports AI R&D for “sovereign knowledge management.”

Funding

NACO wants feds to use $750 million in VC funding to back startups earlier

Mar 31

Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.

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