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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Charlize Alcaraz

Charlize Alcaraz

Charlize Alcaraz is a staff writer for BetaKit.

blockchain
Funding

LayerZero Labs reaches $1 billion valuation in round backed by Sequoia Capital, Andreessen Horowitz

Mar 30, 2022

Tom Brady, Justin Timberlake, crypto leaders like Dapper Labs invested in the $135 million round.

Wyvern founders
AI

Canadian startups in Y Combinator tie all-time high at Winter 2022 Demo Day

Mar 30, 2022

For the second time, 16 Canadian startups participated in a YC cohort.

Sprout_work from home
Acquisitions

Telus Health continues Canadian healthtech acquisition spree with Sprout

Mar 29, 2022

Telus Health previously planted money into Sprout in 2015.

Funding

MaxSold raises $16.1 million to expand online auctioning platform

Mar 25, 2022

An uptick in decluttering during the pandemic proved beneficial for MaxSold.

CarbiCrete
Funding

CarbiCrete secures $15 million CAD to scale carbon removal tech

Mar 24, 2022

CarbiCrete cements plans to expand clean concrete tech beyond Canada.

Hardbacon Simple Rate
Acquisitions

Hardbacon acquires Simple Rate to consolidate financial product comparison tools

Mar 24, 2022

Hardbacon is focused on acquisitions that help users bring home the bacon.

Kokanee Creek Provincial Park (British Columbia)
Impact

Age of Union Alliance donates $14.5 million to BC Parks Foundation

Mar 23, 2022

Age of Union is Dax Dasilva’s latest focus after stepping down as Lightspeed CEO.

ShopThing
Funding

Live shopping marketplace ShopThing secures $10 million Series A round

Mar 23, 2022

ShopThing lets you shop for things via someone else’s live stream.

Google Cloud accelerator 2022
SaaS

Google reveals second cohort of Canadian cloud accelerator

Mar 22, 2022

Tiggy, Booxi, and SmartONE are some of the 11 startups joining this year.

Acquisitions

Ottawa-based Fullscript acquires Emerson Ecologics to bring integrative medicine into the mainstream

Mar 18, 2022

The acquisition nearly doubles Fullscript’s annual revenue and users.

Creative Destruction Lab space stream Chris Hadfield
Toronto

Creative Destruction Lab’s space stream goes global, expands to Atlanta, Paris

Mar 17, 2022

“This means twice the potential, and twice the possibilities for participating ventures.”

Walmart
Retail

Walmart launches global tech hub in Toronto, plans to hire hundreds

Mar 17, 2022

The initial hiring phase for Toronto includes 45 full-time roles.

Twitter and Mila
AI

Mila partners with Twitter’s data and machine learning team

Mar 16, 2022

Twitter wants Mila to ML your tweets.

New Ventures BC TrafficDriven
Funding

New Ventures BC opens applications for 22nd annual competition

Mar 16, 2022

This year’s competition includes a new $10,000 sustainability prize.

Funding

Oil and gas tech startup Validere closes $55 million CAD with BlackRock backing

Mar 15, 2022

“In order to manage the energy transition well, environmental attributes cannot be managed in a silo.”

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