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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Madison McLauchlan

Madison McLauchlan (she/her) reports on tech and innovation for BetaKit from Tiohtià:ke/Montréal. You can reach her (in French or English) at madison.mclauchlan@betakit.com or on Signal at madisonmcla.12.

Events

How Aurmada threads the needle of fashion and defence tech

May 29

Toronto startup is developing kevlar base layers and sensor-equipped garments for soldiers and everyday consumers.

FinTech

Wealthsimple to offer early access to IPO trading

May 28

Upcoming IPOs for SpaceX and Anthropic are boosting demand.

Funding

Saris raises $28.8-million USD Series A to automate banks’ back offices

May 28

Canadian founders of YC-backed Oohlala Mobile return with new startup.

Montréal

Canada’s quantum Cassandra is finally heard 

May 28

Turing Award winner Gilles Brassard has spent decades warning about the threat posed by powerful quantum encryption.

Toronto Tech Week Homecoming Panel
Events

Cohere’s Nick Frosst thinks Canadian energy can be “100 percent” renewables

May 27

Growing Canada’s domestic capacity was a focus of Homecoming’s sovereignty-themed panel.

Tobi Lütke on stage Toronto Tech Week's Homecoming event.
Events

Why Shopify’s CEO thinks the one-person company is “bullshit”

May 27

But, as Tobi Lütke said at Toronto Tech Week’s Homecoming, those companies could still make a billion dollars.

Events

Databricks and Ada execs on what’s fuelling the Gen Z AI backlash

May 26

Reynold Xin and Mike Murchison say there is space for students to reframe their relationship to AI.

Markets

Lightspeed completes year one of transformation plan with revenue beat, earnings miss

May 21

Retail tech firm focuses on key markets with share price down 20 percent on the year.

AI

Trane and BrainBox AI open Montréal lab to cut energy waste in buildings

May 20

Companies say emissions cut from AI systems will offset enviornmental cost of running AI.

Defence Tech

Historic Marconi name returns as Canadian investors launch defence tech firm

May 20

Former National Bank CEO chairs new company hoping to capitalize on federal defence spending.

AI

Kritik is equipping profs for the AI “arms race” coming to classrooms

May 19

Ex-Top Hat founder’s edtech startup sells peer-grading and AI software to university professors.

Xanadu CEO Christian Weedbrook
Markets

Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report

May 14

Company eyeing the “big prize” of a Toronto-based quantum data centre by 2029.

Funding

Telecom software startup Gaiia secures $40-million USD Series B round

May 14

Québec City spin-out of Oxio sells software for challenger telecoms.

Impact

Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture

May 13

Sustainable AI Group aims to help enterprises manage AI’s environmental impact.

SaaS

Rave takes fight with Apple over App Store removal to Canada’s Competition Tribunal

May 12

Ontario startup also pursuing legal action in the US, Brazil, the Netherlands, and Russia.

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