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.

Funding

Alberta Innovates opens applications to $8 million program for AI integrations into provincial health system

Oct 5, 2023

Projects eligible for up to $800,000 over three years.

Acquisitions

Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division

Oct 5, 2023

Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region.

Tobi Lütke Shopify
Retail

R|T: The Retail Times – Shopify takes stake in Faire as company discourages employee side hustles

Oct 5, 2023

Plus: Instacart quickly loses its IPO gains.

Funding

Business getaway marketplace RetreatsAndVenues takes first prize in New Ventures BC 2023 startup competition

Oct 4, 2023

Vancouver-based startups Browse AI and Blanka came in second and third place.

MaRS Toronto
Toronto

MaRS and Innovate UK announce cohort for third advanced manufacturing incubator

Oct 4, 2023

Startups focused on industrial automation, carbon adsorbents, and aerospace maintenance are part of the new cohort.

AI

A|I: The AI Times – Canadian leaders sign Gen AI code of conduct, Shopify’s CEO wants fewer “referees”

Oct 4, 2023

Plus: Amazon rachets AI race with up to $4 billion investment in Anthropic.

Funding

Ocean Supercluster announces $20 Million Investment in nine new AI-powered ocean projects

Oct 3, 2023

The funding brings the national innovation focus of AI to aquaculture and coastal cleantech.

SaaS

S|W: The SaaS Weekly – Summertime Sadness for Saskatoon software startups

Oct 3, 2023

Plus: 1Password has a president.

Funding

Scale AI announces $21 million for nine Canadian AI healthcare projects

Oct 2, 2023

The projects address a sector facing budgetary strain, high community needs, and a persistent labour shortage.

FinTech

F|T: The FinTech Times – Wealthsimple partners with Interac, Luge Capital is ready to cut cheques

Oct 2, 2023

Plus: Neo Financial, Float headline LinkedIn top startups list.

Luge Capital full team

Neo, Float, Cohere top startup list, Luge tops up new FinTech fund

Oct 2, 2023

Plus: AI regulation is coming but Tobi Lütke is not “EFRAID”

1Password
SaaS

David Faugno latest addition to 1Password as first-ever president and chief operating officer

Sep 29, 2023

1Password continues to add to its C-suite following new revenue milestones.

Healthtech

H|T: The Healthtech Times – Neuralink recruits for first human clinical trial

Sep 29, 2023

Plus: Thorne HealthTech misled investors around acquisition, suit says.

a man in skateboard shoes leans sideways and flashes a Neo mastercard at the camera. it is in focus in the foreground and he is out of focus in the background
AI

Neo Financial, Float, and Cohere headline LinkedIn’s sixth annual list of Canada’s top 15 startups

Sep 28, 2023

Neo Financial joins Wealthsimple as only companies to top list in multiple years.

Pollin Fertility
Funding

Pollin Fertility raises $20-million CAD Series A led by David Thomson’s Osmington Inc.

Sep 28, 2023

The raise highlights a recent flurry of rounds in the fertility space.

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