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.

Online shopping
FinTech

Klarna to open offices in Toronto, Vancouver, Québec as company expands service to Canada

Feb 22, 2022

The Swedish payments company plans to hire over 500 engineers by 2025.

Lisa Zarzeczny
Events

Co-founder Lisa Zarzeczny named Elevate CEO with in-person festival to return this fall

Feb 22, 2022

Randy Lennox steps down from his role as executive chair.

sales software
Funding

Signal intelligence monitoring firm Pipeline Signals raises $507,000 CAD pre-seed round

Feb 18, 2022

Pipeline uses LinkedIn to help sales teams with lead generation.

Funding

Paramedic tech provider Prehos secures $7.2 million in seed funding

Feb 18, 2022

Ambulance services provider Dessercom is an investor in Prehos.

Public transit
Funding

RideCo drives up expansion with $20 million Series A

Feb 17, 2022

The financing marks RideCo’s first investment round since it launched in 2015.

Mila
AI

Mila partners with AI Sweden to bolster AI R&D in Canada and Sweden

Feb 17, 2022

AI Sweden has established a physical presence in Montréal.

Paperwork
Funding

Hubdoc co-founders back eState Planner’s $1 million seed round

Feb 16, 2022

Divorcemate creator Mark Harris also participated in the financing.

Pinterest app on an iPad
SaaS

Pinterest appoints Kristie Painting as Canada country manager

Feb 16, 2022

Painting joins after Pinterest expanded its Toronto office by 50 people last year.

Woman using laptop standing up
Funding

Bank of Montreal commits $100 million to launch lending program for Black entrepreneurs

Feb 15, 2022

Black entrepreneurs can receive loans of up to $250,000.

LifeSpeak
Acquisitions

LifeSpeak to acquire digital fitness platform Wellbeats for up to $117.9 million CAD

Feb 15, 2022

Wellbeats would mark LifeSpeak’s largest acquisition to date.

doctor, health
Funding

Oncology innovators Canexia Health, Imagia merge, raise $20 million

Feb 10, 2022

Imagia CEO Geralyn Ochab will lead the combined companies.

Wyvern founders
Funding

Wyvern secures $4 million from SDTC to use satellite tech for farming

Feb 10, 2022

Wyvern previously raised $4.5 million in pre-seed, seed funding.

Funding

Gatineau-based Cilex granted $230,000 from federal government to enhance tech incubation services

Feb 10, 2022

Cilex will create new incubation, acceleration services for cybersecurity.

Funding

Axya raises $3.9 million in seed extension to scale deployment of supply chain software

Feb 9, 2022

The initial round closed in March and raised $1.5 million.

Funding

Newton Crypto now valued at $253 million following $25 million CAD Series B round

Feb 9, 2022

Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.

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