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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      Latest1Password acquires Apono to become the “control pane” for businesses using agentic AIJun 15View Latest News
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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.

Acquisitions

AppDirect acquires low-code B2B marketplace builder Builtfirst

May 9, 2024

Nicolas Demarais-founded AppDirect looks to become a one-stop solution for B2B marketplace building.

Retail

R|T: The Retail Times – South Korean retail unicorn to set roots in Toronto

May 9, 2024

Plus: Shopify’s Tobi Lütke headlines BetaKit Town Hall.

AI

A|I: The AI Times – Why Nvidia’s CEO handpicked this U of T professor

May 8, 2024

Plus: A mysterious “gpt-2” chatbot came online and vanished just as quickly.

ventureLAB logo
Atlantic Canada

Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator

May 7, 2024

Both accelerators recently received federal funding to continue their operations.

SaaS

S|W: The SaaS Weekly – Is Bill Gates still the real brains behind Microsoft?

May 7, 2024

Plus: 1Password’s new product looks to secure unmanaged devices.

Funding

The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York

May 6, 2024

Growcer develops vertical farms in modular containers to help combat food insecurity in challenging climates.

ACOA Minister Gudie Hutchings (center) with Springboard Board Chair Mike Maguire (left), and Springboard president and CEO Daryl Genge (right).
Funding

ACOA grants Springboard Atlantic $9.8 million to aid research commercialization

May 6, 2024

Springboard’s 19 member institutions contributed an additional $5.2 million to the organization.

FinTech

F|T: The FinTech Times – Jack Dorsey’s Block investigated by US federal prosecutors

May 6, 2024

Plus: Binance CEO sentenced to four months.

FinTech

Rogers Cybersecure Catalyst and RBC launch FinSec incubator

May 3, 2024

Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.

doctor, health
Healthtech

H|T: The Healthtech Times – Recent hospital research undercuts AI’s timesaving promises

May 3, 2024

Plus: Drug discovery startup from controversial ex-Stanford president raises $1B.

1Password
SaaS

1Password looks to help businesses secure unmanaged devices with a new offering

May 2, 2024

Extended Access Management stems from 1Password’s acquisition of Kolide in February.

Retail

R|T: The Retail Times – Klarna joins growing BNPL trend, sunsets rewards program

May 2, 2024

Plus: The Amazon union movement reaches Québec.

first-responders
Acquisitions

Versaterm acquires American mental health platform for first responders

May 1, 2024

This is the public safety tech firm’s second acquisition within the past month.

Feds set hard cap on Start-up Visa program applications, pause self-employed persons program

May 1, 2024

Last year, the feds targeted 3,500 SUV applications in 2024. Now, it’s a maximum of 840.

Sanctuary AI - Gen7
AI

A|I: The AI Times – Meet Sanctuary AI’s most human-like robot yet

May 1, 2024

Plus: OpenAI, Meta, and Google sign on to child exploitation safety measures.

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