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.

FinTech

Coinsquare CEO says company was contacted about potential data breach affecting thousands of users last year

Jun 10, 2020

Coinsquare had indications over a year ago that thousands of its customer’s personal data had been breached, but only notified…

IRAP says 97 percent of $250 million Innovation Assistance Program already committed

Jun 9, 2020

Ninety-seven percent of the $250 million Industrial Research Assistance Program (IRAP) COVID-19 Innovation Assistance Program…

Montreal
Funding

Federal government, Québec announce $50 million fund to support Montréal small businesses

Jun 8, 2020

The Government of Canada and the province of Québec on Monday announced a new $50 million fund meant to support small business…

Funding

McRock Capital holds final close of Fund II at $112 million

Jun 4, 2020

McRock Capital, which invests exclusively in the Internet of Things (IoT) companies, has held the final close for its McRock…

VC

Sylvain Carle on his departure from Real Ventures and “next chapter”

Jun 4, 2020

Climate change and social impact investing have been on the mind of Real Ventures’ Sylvain Carle for some time now. A few…

Funding

Nesto raises $11.5 million Series A round as it looks to “simplify” the mortgage industry

Jun 3, 2020

Nesto, a startup focused on simplifying the mortgage financing experience, raised $11.5 million CAD in Series A financing.…

VC

Front Row Ventures relaunches women’s accelerator virtually after pausing amid pandemic

Jun 3, 2020

Front Row Ventures is making its pre-accelerator program, the Women Founders Project, virtual after pausing the program earlier…

VC

Lack of VC activity caused by pandemic not reflected in Q1 2020, says CVCA’s Kim Furlong

Jun 3, 2020

The Canadian Venture Capital and Private Equity Association (CVCA) has released its detailed report for the first quarter of…

Shopify
Impact

Shopify donates funds in response to racial injustice, resurfacing long-standing criticisms

Jun 2, 2020

Shopify has resurfaced long-standing criticisms of its company policies after CEO Tobi Lütke shared a message of support for…

Funding

Poka closes $6.4 million CAD for connected factory worker platform

Jun 2, 2020

Poka, a Quebec City-based startup that has developed a “connected workforce” app, has closed $6.4 million CAD. The round…

Funding

Montreal’s Vention raises $38 million CAD Series B

Jun 2, 2020

Vention, a manufacturing automation tech startup, has raised $38 million CAD in Series B financing. The round was led by Georgian…

Ontario Gov

Ontario enacts temporary change to layoff regulations to help businesses with recovery

Jun 2, 2020

On Monday, the Ontario provincial government announced temporary changes to its labour laws, a move its hopes will protect…

Ritual ONE
Funding

Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs

Jun 1, 2020

Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…

Funding

Tugboat Logic closes $10.8 million CAD led by Inovia Capital

Jun 1, 2020

Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…

spiderwort
Funding

Spiderwort closes $3.4 million CAD in seed financing

Jun 1, 2020

Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…

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