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.

First VCCI inclusive growth stream recipients get funding as Quantum Industry Canada appoints first-ever CEO

Oct 16, 2023

Plus: Exploring the forgotten history of Canadian venture capital.

Events

Neo Financial, Jobber, WaitWell among winners of sixth annual Start Alberta Tech Awards

Oct 13, 2023

Neo Financial was recognized as scaleup of the year while Jobber was awarded for its $100 million Series D.

Healthtech

H|T: The Healthtech Times – A collective $29 million committed to Canadian AI healthtech integration

Oct 13, 2023

Plus: US mental health startup Headway raises $125 million at $1 billion valuation.

Hopper
Retail

R|T: The Retail Times – Hopper makes deep staff cuts, pulls back from Asia to pursue profitability

Oct 13, 2023

Plus: Canada looks at limiting number of Airbnbs to free up rentals.

Funding

HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics

Oct 12, 2023

HaiLa says funding will fuel R&D for its IoT chips and solutions.

Funding

Buddybuild founder is back with new code-assist platform Unblocked

Oct 12, 2023

Amplify Partners, Slack founder Stewart Butterfield among Unblocked’s investors.

AI

Quantum Industry Canada appoints Lisa Lambert as first-ever CEO following fed investment

Oct 12, 2023

Quantum Industry Canada received $1.4 million as part of Canada’s National Quantum Strategy in January.

AI

A|I: The AI Times – Anthropic in talks to raise another $2B, a16z discussed backing Midjourney rival

Oct 12, 2023

Plus: Samsung to manufacture chips from AI chip startup Tenstorrent.

Funding

FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor

Oct 11, 2023

Series A round comes almost exactly one year after rebranding from NERv Technology.

Toronto traffic
SaaS

S|W: The SaaS Weekly – Cardata gears up with new funding, BlackBerry plots connected-car split

Oct 11, 2023

Plus: Qualtrics lets go of 780 workers.

Acquisitions

Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD

Oct 10, 2023

OpSens said acquisition will provide the company with a global sales channel.

Abraham Tachjian, open banking lead, speaking in front of a microphone in a suit
FinTech

F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue

Oct 10, 2023

Plus: Clearco recapitalizes, WonderFi eyes Nasdaq.

Ecosystem fears SDTC funding gap, FinTechs rally against open banking delays

Oct 10, 2023

Plus: Hugging Face’s Sasha Luccioni on tracking the ethical and environmental impacts of AI.

SaaS

Fivetran is hiring software engineers, VPs, and product managers for its data movement platform in Canada

Oct 6, 2023

The California-based SaaS firm is hiring remote and Toronto-based positions.

Healthtech

H|T: The Healthtech Times – Andre De Grasse is in a race to fund health startups

Oct 6, 2023

Plus: VC interest in fertility continues with $20M Series A for Pollin.

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