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Funding

Koho becomes Canada’s latest unicorn following $130-million Series E round

Josh Scott Jun 11

FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.

Nesto CEO Malik Yacoubi sits on stage with two other unidentified man.

Funding

Nesto secures nearly $1.5-billion valuation in new Series E round

Alex Riehl Jun 10

Montréal-based digital mortgage lender wants to speed up approvals using AI.

Intriciate technology connected to the Trillium Supercomputer

Inside the GTA facility housing one of Canada’s most powerful supercomputers

Josh Scott Jun 8

Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.

Evan Solomon speaking into a microphone.

Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations

Alex Riehl Jun 4

Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.

BDC extends Isabelle Hudon’s mandate as CEO through 2030

Alex Riehl Jun 1

Crown corporation’s board chair says Hudon will help shape its next five-year strategy.

Defence Tech

Q&A: Erin O’Toole says Canada needs to play catch-up on defence innovation

Douglas Soltys May 28

Erin O’Toole wants Canadian innovators to seize the moment before it’s gone.

Latest

Retail

R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO

Alex Riehl May 19, 2023

Plus: Attabotics sues Canadian Tire over warehouse fire.

Reports

Shopify claims best conversion rates among checkout solutions on the market

Charlize Alcaraz May 18, 2023

Shopify said its overall conversion rate outpaces competitors by 36 percent.

Markets

Lightspeed Commerce makes gains in fiscal 2023, fourth quarter

Charles Mandel May 18, 2023

Revenues up, losses down but Lightspeed shares slide on the market.

SaaS

1Password launches passkeys for businesses as shift to passwordless picks up

Charlize Alcaraz May 18, 2023

1Password is among tech giants like Google and Apple leading the move to passkeys.

CVCA: Canadian venture capital continues to fall back to pre-pandemic levels

Meagan Simpson May 18, 2023

Canadian trends are in line with the US and global results.

A|I: The AI Times – At I/O, Google makes up for lost time

Alex Riehl May 18, 2023

Plus: Bessemer and SoftBank bet big on AI.

Funding

Bloom raises $7 million to make applying for reverse mortgages easier

Charlize Alcaraz May 17, 2023

Bloom combines the use of an online registration form and live customer service.

Former Toronto Mayor John Tory and Web Summit CEO Paddy Cosgrave speaking at the first Collision in Toronto in 2019.

Events

Mayor Tory’s departure, competing bids, and financial pressure on province and feds place Collision’s future in Canada in doubt

Josh Scott May 17, 2023

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Healthtech

Pfizer Canada partners with Communitech to launch health-focused accelerator program

Charlize Alcaraz May 17, 2023

The open call for proposals ends on May 31.

Acquisitions

Tehama returns as management team buys it out of bankruptcy

Charles Mandel May 17, 2023

CEO Paul Vallée said he’s “pretty chuffed” about the new startup.

Alberta’s tech sector remained resilient in first quarter of 2023

Isabelle Kirkwood May 17, 2023

Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year.

FinTech

F|T: The FinTech Times – Binance set to leave Canada in face of new regulation

Alex Riehl May 17, 2023

Plus: Float launches a new corporate card on back of new growth.

FinTech

Wealthsimple to let users insure up to $300,000 as global bank failures prompt better depositor protection

Charlize Alcaraz May 16, 2023

When SVB collapsed, US depositors could only insure up to $250,000.

Reports

Canada ranks 12th in Shopify’s first report on economic impact of merchants

Charlize Alcaraz May 16, 2023

Canada’s Shopify merchants lag behind on economic impact compared to smaller economies.

Funding

Small business banking platform Vault launches with backing from Google’s Gradient Ventures

Meagan Simpson May 16, 2023

Vault’s co-founders have previously worked at Revolut, Koho.

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BetaKit Podcast

Jim Balsillie speaking at BetaKit Most Ambitious: Town Hall

Physical AI and economic nationalism at BetaKit Most Ambitious: Town Hall

by Douglas Soltys June 8, 2026

Waabi’s Raquel Urtasun and CCI’s Jim Balsillie came to Toronto Tech Week armed with data and predictions.

Listen Now

Evan Solomon at BetaKit Most Ambitious: Town Hall

Events

AI sovereignty & defence tech at BetaKit Most Ambitious: Town Hall

by Douglas Soltys June 1, 2026

Evan Solomon, leaders from Xanadu, Dominion Dynamics, Sentinel R&D got candid at Town Hall.

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Events

How Toronto Tech Week became Canada’s largest grassroots tech event

by Douglas Soltys May 22, 2026

Co-directors Julia Konefal and Mell Truong explain how TTW went from experiment to 600 events in just two years.

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British Columbia

Harjit Sajjan reports for duty

by Douglas Soltys May 15, 2026

After decades in public service, former defence minister Harjit Sajjan is now a defence-tech entrepreneur.

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Defence Tech

Evaluating Canada’s Defence Industrial Strategy

by Douglas Soltys April 27, 2026

The DIS adds clarity to Canada’s defence spending commitments, but not their outcomes.

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