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

Jessica Galang

Freelance tech writer. Former BetaKit News Editor.

Slack socks
Funding

Slack raises $427 USD million with $7.1 billion USD valuation

Aug 21, 2018

Slack has raised $427 million USD in a Series H round led by Dragoneer Investment Group and General Atlantic, according to…

agriculture
Funding

Canvass Analytics raises $6.5 million CAD from Google’s Gradient Ventures

Aug 21, 2018

Toronto-based Canvass Analytics has raised $6.5 million CAD from Google’s AI-focused Gradient Ventures, the firm’s…

opportunities
Funding

Opportunities NB, Fredericton Knowledge Park building $37 million cybersecurity hub

Aug 20, 2018

The Greater Fredericton Knowledge Park—a 26-acre campus dedicated to providing space for startups and scaleups—is building…

ramen ventures
Funding

Ex-Shopify leaders launch $10 million angel fund Ramen Ventures

Aug 20, 2018

A new $10 million angel fund founded by two ex-Shopify leaders is hoping to give back to the Toronto tech ecosystem by helping…

impak finance
Funding

Impak Finance raises $1.1 million from angel investors

Aug 17, 2018

Montreal-based Impak Finance has received $1.1 million from angel investors for its social impact platform. Participants in…

vancouver founder fund
Funding

VFF closes $31 million Fund II

Aug 16, 2018

The Vancouver Founder Fund (now just VFF) has officially closed its second fund at $31 million CAD. Launched in 2015 by Recon…

coinberry
FinTech

BRD partners with Toronto-based Coinberry to expand its operations in Canada

Aug 15, 2018

During the Blockchain Futurist conference in Toronto, BRD, a Switzerland-headquartered company that provides a wallet for digital…

Funding

US insurance giant Travelers acquires majority stake in Zensurance

Aug 15, 2018

Toronto-based Zensurance has secured significant financing from American insurance giant Travelers, BetaKit has learned. Documents…

doug ford
Retail

Ontario will still oversee cannabis ecommerce, but privatize physical stores

Aug 13, 2018

After a July report from VICE News indicated that the Ontario government will privatize cannabis sales, the province has released…

Centre québécois d'innovation en biotechnologie
Funding

Centre québécois d’innovation en biotechnologie receives $1.4 million from Canadian government

Aug 13, 2018

The Canadian government is investing $1.4 million in the Centre québécois d’innovation en biotechnologie. Based in…

Chinova Bioworks
Funding

Chinova Bioworks raises $2.6 million to develop mushroom-based preservative

Aug 13, 2018

Fredericton-based Chinova Bioworks, which is developing a mushroom-based natural preservative for food and beverages, has raised…

wework
Vancouver

WeWork opens second Vancouver space

Aug 10, 2018

WeWork announced that it has officially opened its second Vancouver space at 555 Burrard Street. This new opening follows WeWork’s…

Quayside site
Toronto

Sidewalk Toronto has an approved plan for Quayside, but not without controversy

Aug 9, 2018

Waterfront Toronto, the organization responsible for administering revitalization projects along the city’s waterfront,…

Alkarim Jivraj Espresso Capital
VC

RBC partners with Espresso Capital to fuel Canadian tech lending

Aug 1, 2018

RBC and Espresso Capital have announced a partnership meant to target Canadian tech companies seeking debt financing. Under…

Toronto
Reports

Toronto added most North American tech jobs in 2017, with wages lower than any US hub

Jul 27, 2018

For the second year in a row, CBRE’s tech talent report found that Toronto is North America’s fastest growing tech…

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