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.

Shopify CEO Tobias Lütke at the BetaKit Town Hall.
Retail

Shopify CEO commits to ‘buy local’ features for Shop app after criticizing Canada’s tariff response

Feb 2, 2025

US and Canada first to be featured as Tobi Lütke claims Shopify is “unaffected” by tariffs.

Doctor on Laptop
Funding

Sound Blade closes $23.8-million Series A for ultrasound tech targeting liver tumours

Jan 30, 2025

Halifax-based startup says tech selectively destroys tumour tissue in non-invasive procedure.

AI

Cohere leaders think DeepSeek proves their point about AI innovation

Jan 30, 2025

Chinese AI company’s rise shows smaller players can compete in global AI market, Scale AI CEO says.

Funding

Conexus Venture Capital makes first Fund II investment into parking software startup Offstreet

Jan 29, 2025

Regina-based company closes $2.4-million second seed round amid tough provincial fundraising environment.

Funding

Federal, Ontario governments contribute to Linamar’s $1-billion EV manufacturing investment

Jan 28, 2025

ISED commits up to $169.4 million through Strategic Innovation Fund as Trump tariffs loom.

Funding

How Calgary-based startup Knead tackled the NFL draft’s food waste with software

Jan 28, 2025

BDC Capital’s Thrive Lab contributed to Knead’s pre-seed round as first Alberta-based investment.

Events

Shopify president calls Montréal “the most entrepreneurial city on the planet” at North Star event

Jan 24, 2025

Event panel included insights from Stay22, Dialogue, Nesto, and PemPem founders.

Funding

Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin

Jan 24, 2025

Toronto-based company says funding will support new thermal imaging, 3D visualization features.

Funding

Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots

Jan 23, 2025

Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.

Layoffs

Amazon to close all Québec facilities, hand over delivery to third parties

Jan 22, 2025

Local courier Intelcom may be poised to take over deliveries, Radio-Canada reports.

SaaS

Shopify quietly kills Indigenous entrepreneurship program Build Native

Jan 21, 2025

Build Native program lead and Head of Equitable Commerce no longer work at the company.

VC

Luge Capital, Pender Ventures hire in Alberta following investments from AEC

Jan 17, 2025

Luge adds investor Chelsea Gillett from The51, Pender adds associate Jacob Grainger from Plug and Play.

Feds pledge nearly $100 million in grants to commercialize research innovation

Jan 17, 2025

$32 million earmarked for Lab2Market skills program at Dalhousie University and its West Coast expansion.

Ottawa

Trudeau’s tariff team taps Canadian tech to get tough on Trump 

Jan 16, 2025

Arlene Dickinson, Wes Hall, RHEI CEO Shahrzad Rafati part of the Council on Canada-US Relations.

Funding

Lyteflo secures $3 million CAD in seed funding to rev up EV sales platform

Jan 16, 2025

SaaS tool for auto dealerships aims to make charging data, incentive savings accessible to consumers.

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