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Canadian Tech & Startup News
Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Charles Mandel

Charles Mandel

Charles Mandel's reporting and writing on technology has appeared in Wired.com, Canadian Business, Report on Business Magazine, Canada's National Observer, The Globe and Mail, and the National Post, among many others. He lives off-grid in Nova Scotia.

Funding

Bill Gates firm backs Mangrove Lithium, as need for faster lithium processing for electric vehicles booms

Nov 23, 2021

Mangrove Lithium has received a $10 million USD ($12.6 million CAD) Series A round to address the emerging deficit of high-purity…

Funding

Rhino Ventures unveils $120 million third fund to invest beyond Western Canada

Nov 23, 2021

Rhino Ventures announced its Fund III on November 23, and armed with $120 million CAD is ready to move beyond British Columbia…

gan systems
Funding

GaN Systems nails $189.7 million CAD to drive semiconductor innovation

Nov 19, 2021

GaN Systems, a producer of gallium nitride power semiconductors, has secured a $150 million USD ($189.7 million CAD) growth…

smb saas
Funding

Espresso Capital secures $200 million USD credit facility to fund tech firms in red-hot venture debt market

Nov 19, 2021

Espresso Capital has closed a $200 million USD credit facility from KeyBank, a Cleveland, Ohio-based financial institution.…

northleaf
Funding

Northleaf Capital Partners to launch new technology fund

Nov 18, 2021

Northleaf Capital Partners announced it has raised an additional $4 billion USD in commitments over the last year, and an as-of-yet…

Louis Têtu, Coveo
Funding

Coveo makes strong debut on the Toronto Stock Exchange

Nov 18, 2021

Coveo made its Toronto Stock Exchange debut on November 18, with its share price quickly rising from its confirmed pricing…

Funding

Klir raises $20.1 million CAD to help cities, utilities better manage water

Nov 18, 2021

Klir, a management platform for water utilities, is awash with new funding after it announced a $16 million USD ($20.1 million…

Funding

HiMama rakes in $70 million baby bonus to pursue growing childcare market

Nov 18, 2021

HiMama, a childcare centre software solutions provider and Certified B Corp, just got a large baby bonus thanks to a $70 million…

Tribe
Acquisitions

Tribe acqui-hires founders of pe•ple to revamp its online customer community platform

Nov 17, 2021

Tribe, the online customer community platform for SaaS businesses, announced the acqui-hire of two of the co-founders of pe•ple,…

Funding

Clutch gears up for expansion with $100 million CAD Series B round

Nov 16, 2021

Clutch, an online car retailing startup, got the green light for expansion with $100 million CAD Series B equity financing.…

Acquisitions

ETS Strategic Capital takes majority stake in admissions assessment startup Kira Talent

Nov 16, 2021

ETS Strategic Capital has got talent – Kira Talent, that is: the New Jersey-based capital company has acquired a majority…

Acquisitions

Emerge Commerce enters B2B space with purchase of WholesalePet.com for up to $31.2 million CAD

Nov 16, 2021

Following its purchase of BattlBox and Carnivore Club in August, Emerge Commerce has swung another sizable acquisition, this…

Acquisitions

TSXV-listed CloudMD to acquire TSX-listed MindBeacon in $116 million deal

Nov 15, 2021

Vancouver’s CloudMD, a SaaS health technology provider, is acquiring Toronto healthtech company MindBeacon in a deal valued…

Founders of asterX standing next to each other in front of the asterX logo
Funding

Quebecor launches venture capital fund, asterX, to back startups aligned with its key verticals

Nov 12, 2021

Quebecor announced the launch of a new corporate venture capital arm that it’s dubbed asterX, and that will fund companies…

Markets

Market Watch: E Automotive, Copperleaf post robust results in third quarter following IPOs

Nov 12, 2021

Two companies that recently entered the public markets announced robust third quarter 2021 results in the second week of November.…

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