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.

Funding

CCI launches Balsillie-backed innovation policy institute Canadian SHIELD

Jan 16, 2025

Ex-BlackBerry co-CEO Jim Balsillie donates $10 million CAD to ‘economic nationalism’ think tank.

AI

Vasco raises $11.5 million CAD to help startups manage revenue trajectory with AI

Jan 15, 2025

Repeat founder and former Lightspeed exec wants to make commercialization less risky.

SaaS

Ritual CEO, R&D team members to join Shopify

Jan 13, 2025

Shopify continues habit of adding founders to its team.

Impact

Canadian tech advocates join movement to free social media feeds from billionaire control

Jan 13, 2025

Element AI co-founder, Mozilla Foundation president part of Free Our Feeds fundraising campaign.

FinTech

Shakepay bolsters regulatory standing with CIRO membership

Jan 9, 2025

First Québec-based crypto exchange to earn investment dealer status.

Funding

Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies

Jan 8, 2025

Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.

Carbon6 team
Acquisitions

Carbon6 to be acquired by US-based SPS Commerce for $301 million CAD to grow e-commerce merchant toolkit

Jan 6, 2025

Co-founder says company was grateful to land rare nine-figure Canadian tech exit.

Acquisitions

BrainBox AI acquired by Irish HVAC giant Trane to cut building emissions using AI

Jan 3, 2025

Acquisition marks bright spot amid dim exit landscape in Québec.

Acquisitions

Fiserv to acquire Payfare in $201.5-million CAD deal after swiping its DoorDash business

Jan 2, 2025

Pending transaction follows Payfare’s share price plummet and strategic review in September.

Christopher Skeete, Québec minister
Funding

Province funnels $9 million into Québec Tech amid critiques over government spending

Dec 30, 2024

Minister Christopher Skeete: Québec startups can’t compete at a global scale without government assistance.

healthtech
Funding

Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups

Dec 19, 2024

VC firm to raise dedicated fund in new year separate from government mandate.

#CDNtech 2024 executive turnover
VC

The year quiet quitting got loud for tech execs

Dec 18, 2024

A tidal wave of executive turnover hit Canadian tech in 2024. What can founders learn from the aftermath?

Funding

Fall Economic Statement brings more delays for open banking in Canada

Dec 17, 2024

Feds up FCAC commitment but push open banking rollout to 2026, with several legislative hurdles to overcome.

Chrystia Freeland and Justin Trudeau
Funding

Feds struggle to table Fall Economic Statement following Minister Freeland’s shock resignation

Dec 16, 2024

Mini-budget with many tech commitments comes during a day of chaos on the Hill.

Funding

Jolt Capital moves newly acquired French semiconductor carveout to Québec

Dec 16, 2024

Dolphin Semiconductor establishes Montréal headquarters with $40-million CAD investment.

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