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.

Chrystia Freeland
Funding

Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement

Dec 13, 2024

SR&ED expands eligibility while pension fund investment incentives get sweetened.

Funding

Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech

Dec 12, 2024

Threat exposure management startup aims to head off credential theft with AI tools.

Funding

Early-stage startups grapple with fallout after Québec-funded investment program suspended

Dec 10, 2024

Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.

Funding

Aramis Biotechnologies secures $80 million CAD for vaccine development do-over

Dec 6, 2024

Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.

Funding

KisoJi raises $57-million CAD Series B to advance antibody cancer therapy

Dec 6, 2024

Montréal-based biotech company using AI to boost antibody identification platform.

Funding

Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec

Dec 4, 2024

STRX looking to close $70-million CAD convertible note financing round before end of year.

Events

Montréal tech marks year’s successes and struggles at sixth Startup Community Awards

Nov 29, 2024

Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy.

Funding

Nurau raises $1.5 million CAD in seed funding to take AI-powered HR coach to the US

Nov 27, 2024

Montréal-based startup claims its conversational AI platform can reduce HR complaints. What are the risks?

Events

Québec International to bring Finnish networking conference Slush’D to Québec City

Nov 25, 2024

Québec City will host first North American edition of founder-forward event in May 2025.

IVADO
Funding

DémultiplIA will connect AI startups with academic research (for a price)

Nov 22, 2024

Participation in the Québec-backed program will cost startups $105,000 over three years.

Quebec Tech
Montréal

Five startups chosen for first round of Québec Tech’s export mission

Nov 19, 2024

Stage V initiative aims to propel companies to $10 million ARR in under four years.

Women in front of computer
VC

Women VCs are now earning more at the highest levels (if they can reach them)

Nov 19, 2024

Fifty percent of venture firms surveyed by BDC Capital have no women senior investors.

Funding

‘It’s life or death’: Québec ecosystem frustrated after IQ suspends early-stage program

Nov 14, 2024

Impulsion PME no longer accepting applications until further notice.

Funding

Report: Québec VC funding continues downward spiral in Q3 2024, but shows early-stage promise

Nov 14, 2024

The province has not recorded a growth-stage investment since Q2 2022.

Trolley Board
Funding

Trolley secures $32-million CAD Series B to expand payout platform’s global reach

Nov 13, 2024

Growth equity financing for Montréal-based FinTech startup backed entirely by American investors.

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