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.

AI PanCan Strategy
AI

CIFAR appoints 8 new AI chairs as Pan-Canadian Artificial Intelligence Strategy enters phase two

Oct 28, 2022

CIFAR is responsible for implementing the $443 million federal AI strategy.

FinTech

Float quadruples revenue YoY despite increased competition, choppy economy

Oct 27, 2022

CEO: “In terms of new entrants, we’re clearly the fastest-growing and the largest.”

Minister-Ng-handshake
Funding

VCCI fund managers chosen for latest, $350 million injection of federal capital

Oct 24, 2022

Four funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital.

Visier
Acquisitions

Visier acquires assets of skills intelligence startup Boostrs

Oct 24, 2022

Visier’s foray into M&A comes one year after it raised $154 million from Goldman Sachs.

Nate Glubish, Alberta innovation minister

Nate Glubish new Alberta innovation minister as Premier Smith names cabinet

Oct 21, 2022

Meanwhile: spat between Alberta tech leaders and APEGA over “software engineers” continues.

Ten startups to be showcased at Edmonton Startup Week Launch Party

Oct 20, 2022

“Innovation is a team game and we’re pumped to rally the entire city.”

Acquisitions

Databricks acquires Vancouver-born Datajoy

Oct 20, 2022

While Datajoy started as a remote company, it had operations in both Vancouver and San Mateo.

DMZ women in tech
Toronto

DMZ reopens New York City office as it continues international expansion

Oct 20, 2022

Executive director: “We’re eager to keep growing the DMZ’s international presence.”

Mentorship startup Ten Thousand Coffees raises $75 million CAD from US-based Five Elms Capital

Oct 18, 2022

The financing marks Ten Thousand Coffees’ first institutional raise in its eight-year history.

FinTech

Wealthsimple first FinTech startup approved by Bank of Canada for direct settlement

Oct 18, 2022

The approval will give Wealthsimple direct access to Real-Time Rail.

Funding

Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors

Oct 18, 2022

Perch wants to use data to change mortgages and real estate.

Philippe Beaudoin, CEO and Co-Founder, Waverly (formerly co-founder of Element AI)
AI

Element AI co-founder launches Waverly to fix the internet by changing the way people consume content

Oct 17, 2022

Philippe Beaudoin wants to fix the internet. But what if the internet is a rigged game that can’t be fixed?

Reports

Report: digital workers provide “immense” economic value, but talent shortage remains

Oct 11, 2022

The report found 67 percent of Canadian businesses find it challenging to hire the digital workers they need.

Vancouver

Dapper Labs, Hootsuite, VodaSafe among winners of BC Tech’s 2022 Technology Impact Awards

Oct 11, 2022

A record-setting 48 finalists and 12 winners were announced at the TIAs.

Funding

Startup Montréal hosts 7th annual Grande-messe startup showcase

Oct 7, 2022

At the event, National Bank committed $1 million to Startup Montréal.

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