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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

FinTech

F|T: The FinTech Times – Bad news comes in threes for Dapper Labs

Alex Riehl Mar 7, 2023

Plus: Roham on the hot seat.

Funding

Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A

Meagan Simpson Mar 6, 2023

BDC Capital’s Thrive Venture Fund joined to lead the extension.

Toronto venture funding saw a “return to sanity” in 2022

Isabelle Kirkwood Mar 6, 2023

Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022.

Canadian startup news of the week (3/05/23)

Alex Riehl Mar 6, 2023

Plus: Canadian VCs had second highest year on record.

Panache’s Chris Neumann on FounderFuel’s return and “shitty” VC behaviour

Douglas Soltys Mar 5, 2023

“Myself and every other investor I know has a long list of people we will not deal with again.”

Funding

Uplinq partners with World Bank Group-linked global network to educate on financial inclusion

Charles Mandel Mar 3, 2023

FinTech recently raised $820,000 CAD for its global credit assessment platform.

Healthtech

Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech

Meagan Simpson Mar 3, 2023

Able Innovations’ robotic medical device addresses problem of patient transfers.

Acquisitions

Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD

Josh Scott Mar 3, 2023

GaN Systems CEO says Infineon will enable company “to unleash our full potential.”

Markets

Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup

Charles Mandel Mar 3, 2023

The COO is the latest in a string of exec changes at Lightspeed.

How to build a diverse talent ecosystem for Canada

AJ Tibando Mar 3, 2023

The race for tech talent is on, and it’s global.

A|I: The AI Times – Google researchers take key step towards Quantum future

Michael Edgar Mar 3, 2023

Plus: AI generated voices can hack your bank account.

Healthtech

H|T: The Healthtech Times – Is Apple close to no-prick blood glucose tracking for its watch?

Michael Edgar Mar 3, 2023

Plus: Amazon completes takeover of One Medical.

Layoffs

Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023

Josh Scott Mar 2, 2023

Move marks Sonder’s second round of significant cuts since going public last year.

Funding

Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round

Ryan O'Connor Mar 2, 2023

Current and former Square and Shopify employees also invested in Glowstick.

Acquisitions

Fresh Prep acquires fellow Vancouver food delivery startup Peko

Josh Scott Mar 2, 2023

Fresh Prep says deal will help the sustainable meal kit company tackle food waste.

From Partners

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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.

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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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