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

Neo Financial secures $68.5 million in equity as it adopts big-bank funding playbook

Feb 3

Support from investors including AIMCo and Northleaf will fuel securitization strategy.

AI

A16z speedrun-backed OpenSesame opens new doors with rebrand to General Magic

Feb 3

Toronto-based startup is building texting AI agents for insurance companies.

Events

“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder

Feb 2

Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event.

SaaS

Ionodes’ new body camera tech sees demand from surprising source: retailers

Jan 29

Québec security tech firm says retailers are increasingly turning to body cameras to reduce theft.

How a small change to Y Combinator’s terms sent waves through Canadian tech

Jan 28

Industry divided over accelerator’s decision to remove Canada from list of investable sites.

Funding

Montréal industrial AI scaleup Vention raises $110-million USD Series D

Jan 27

Company says it crossed $100-million CAD annual run rate as it looks to expand in Europe.

Funding

Float secures nearly $100 million in debt to expand credit products for Canadian businesses

Jan 26

FinTech startup says its revenue has grown roughly 70 percent year over year.

FinTech

Deck co-founders call non-compete lawsuit from former employer National Bank “frivolous”

Jan 23

Defendants deny claims that they’ve built a competing FinTech business.

Québec bets on buying homegrown tech to boost province’s productivity

Jan 22

I Adopt Québec’s Tech campaign launches to encourage businesses to buy local tech and services.

VC

Mila and Inovia launch venture fund to turn AI research “diamonds” into startups

Jan 21

National platform targets $100-million USD fund with plans to back 55 companies.

AI

Feds call for proposals to build large-scale data centres in Canada

Jan 21

Ottawa seeks Canadian companies to build sovereign, AI data centres exceeding 100MW capacity.

Funding

Jetson raises $50-million USD Series A to heat more homes efficiently

Jan 20

Canadian VCs Garage Capital, Active Impact return to back electric heat pump startup.

AI

Alexi escalates legal fight with Clio by filing antitrust claim

Jan 19

After being sued for an alleged contract breach, Alexi fires back with countersuit.

Funding

Dominion Dynamics raises $21 million to build Canada’s “defence neoprime”

Jan 19

Ottawa startup eyes prime defence contractor role as defence spending surges in Canada.

Layoffs

Union files labour complaint, demands details from Ubisoft after sudden Halifax studio closure

Jan 16

Dispute comes after years of layoffs and chilly labour climate in gaming industry.

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