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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Meagan Simpson

Meagan Simpson

Meagan is the Senior Editor for BetaKit. A tech writer that is super proud to showcase the Canadian tech scene. Background in almost every type of journalism from sports to politics. Podcast and Harry Potter nerd, photographer and crazy cat lady.

Funding

Phoenix Fire launches angel fund focused on women entrepreneurs

Mar 11, 2022

“We need to make sure that everybody has a seat at the table.”

VC

A year after launch, Backbone Angels is closing gaps felt by underrepresented founders

Mar 8, 2022

Backbone’s portfolio is 72 percent first-time founders and 56 percent women of colour.

Mayday Founders (from left) Adam Day, Jeremy Bell, Brian Faber
Funding

Mayday marks calendar year with $3.8 million CAD to help remote workers improve their time management

Mar 7, 2022

Amid a saturated market, Jeremy Bell doesn’t want to just “build another calendar.”

Queens Park

Ontario government announces launch of new IP agency

Mar 3, 2022

The official launch follows years of work around a provincial IP strategy.

Invest Ontario appoints CEO as InBC bolsters team with Telus exec

Mar 1, 2022

Ontario and British Columbia are building their respective agencies to foster local innovation.

Investing
VC

Canadian venture capital investment hits all-time high of $14.2 billion in 2021

Mar 1, 2022

CVCA CEO: “it signals an extremely healthy ecosystem.”

Markets

ApplyBoard CEO eyes public markets as TSX rings opening bell in Waterloo Region for first time

Feb 24, 2022

“I hear the ring in my [ear], so I want to ring the bell.”

Hopper
Acquisitions

Hopper continues acquisition spree with Parisian airline travel tech Smooss

Feb 24, 2022

Hopper looks to bolster its B2B offering as it expands into new verticals.

Funding

eSentire to be valued at $1.1 billion USD following $325 million deal

Feb 22, 2022

Only $100 million in primary capital will go to the company.

Allen Lau, Wattpad
SaaS

Allen Lau drafts a new plan for Wattpad one year after Naver acquisition

Feb 17, 2022
…
VC

New report on Canadian venture, private equity landscape shows firms failing when it comes to inclusion side of D&I

Feb 17, 2022

Women partners are six times more likely to report harassment or feel opinions not valued.

Funding

Paper secures $343 million CAD with US schools drawn to its remote tutoring tech

Feb 15, 2022

Paper doubled the number of students on its platform to two million since last year.

Micruity platform
Funding

Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round

Feb 10, 2022

Franklin Templeton and Allianz Life both made strategic investments in Micruity.

Raquel Urtasun, founder and CEO of Waabi.
AI

Raquel Urtasun’s Waabi unveils “revolutionary” autonomous vehicle testing simulator

Feb 9, 2022

Waabi claims it’s the “ultimate school for self-driving vehicles.”

Funding

Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics

Feb 8, 2022

PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.

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