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

Vitalik Buterin fund gives financial booster shot to doctor’s startup assessing airborne COVID-19 risk

Aug 26, 2022

Raven Clean Air tracks carbon dioxide levels in order to assess COVID-19 risk.

Layoffs

Canadian tech companies continue to hire despite downturn – here’s an (incomplete) list

Aug 22, 2022

300 tech companies say they are still hiring in Canada.

VC

Venture investment returning to pre-pandemic levels, shows Q2 2022 CVCA report

Aug 18, 2022

Institutional investors stay the course while family offices, high-net-worth individuals tread lightly.

Events

Talk of regulation, market conditions collide with glitzy behaviour at Blockchain Futurist Conference

Aug 12, 2022

At the crypto cabana there was no sign of a downturn.

Layoffs

Hootsuite restructuring, laying off 30 percent of employees

Aug 9, 2022

CEO: “We need to refocus our strategies to drive efficiency, growth and financial sustainability.”

Funding

D-Wave lists on New York Stock Exchange following close of SPAC deal

Aug 8, 2022

D-Wave’s stock price jumped as much as 30 percent on opening day.

Funding

With a new team, Framework Venture Partners secures $100 million USD first close for second fund

Aug 8, 2022

Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.

uberflip
Layoffs

Uberflip CEO attributes company layoffs to “unsteady economy”

Aug 5, 2022

Uberflip laid off 31 employees.

FinTech

Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space

Aug 4, 2022

OMERS, Wittington, and Round13 have all backed Qui Identity.

Canalyst founders James Rife and Damir Hot
Acquisitions

Canalyst acquired by Chicago-based Tegus in massive BC tech exit

Aug 2, 2022

Sources say deal is north of $400 million CAD.

SaaS

Wattpad’s new leader is focused on creator value

Aug 2, 2022

Wattpad President Jeanne Lam wants to help creators “become the next big hit.”

Layoffs

Clearco cuts a quarter of staff amid “significant headwinds”

Jul 29, 2022

Clearco called the cuts “necessary” and “prudent.”

Layoffs

Coinsquare lays off 24 percent of staff amid turbulent crypto market, shifted focus to regulation

Jul 27, 2022

The cuts follow hiring sprees that took place across the crypto space last year.

Markets

Shopify’s Q2 2022 growth continued to slow amid changing e-commerce market conditions

Jul 27, 2022

The results come one day after a 10 percent, company-wide reduction in staff.

Reports

Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada

Jul 27, 2022

72 percent of QueerTech’s 7,600-plus members come from outside Montréal.

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