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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

Funding

FigBytes secures $14.5 million USD in venture funding and debt

Michael Edgar Dec 6, 2022

FigBytes’ funding comes as some countries are mandating ESG reporting.

Funding

Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab

Josh Scott Dec 6, 2022

Expeto enables large enterprises to extend private networks via any type of cellular connectivity.

Retail

Former head of marketing at Klaviyo and Dropbox joins Lightspeed as chief marketing officer

Charles Mandel Dec 6, 2022

Kady Srinivasan tasked with helping drive Lightspeed’s strategic growth and innovation.

Funding

Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth

Josh Scott Dec 6, 2022

BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.

FinTech

F|T: The FinTech Times – BlockFi bankruptcy, Buckzy takes the smart money, the Kraken is re-leashed

Michael Edgar Dec 6, 2022

Plus: FTX collapse hits Gadze Finance.

Markets

Slack founding CEO Stewart Butterfield to depart company in January

Charlize Alcaraz Dec 5, 2022

Slack’s leader becomes latest to leave the Salesforce organization.

Acquisitions

Top Hat acquires STEM EdTech startup Aktiv Learning

Michael Edgar Dec 5, 2022

Aktiv is Top Hat’s fifth acquisition, and its first outside of publishing.

SaaS

Wattpad president Jeanne Lam resigns months after being tapped to lead company

Charlize Alcaraz Dec 5, 2022

Naver Webtoon’s KB Nam has been appointed interim president.

Funding

Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”

Josh Scott Dec 5, 2022

YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.

Canadian startup news of the week (12/4/22)

Michael Edgar Dec 5, 2022

Plus: The 50 “most investable” Canadian cleantech firms.

A|I: The AI Times – Turing tested: ChatGPT is craaaazy

Michael Edgar Dec 4, 2022

Plus: Private AI secures $10.7 million.

Funding

Dissecting the anatomy of a Canadian tech seed round with Two Small Fish, Calico & Wavy

Douglas Soltys Dec 2, 2022

Eva Lau says don’t value your round based upon your ARR when fundraising.

Healthtech

Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario

Josh Scott Dec 2, 2022

Novari Health-built platform aims to cut surgery wait times.

Events

Montréal Startup Community Awards 2022 honours #MTLtech’s best and brightest

Charles Mandel Dec 2, 2022

Winners include Real Ventures’ Katy Yam, Startup Montréal’s Liette Lamonde.

Funding

Private AI secures $10.7 million CAD to protect personal data from privacy breaches

Charles Mandel Dec 2, 2022

Microsoft, BDC, Twilio alum are among Private AI’s investors.

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.

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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