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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

Markets

Market watch: Nuvei, Propel, Payfare, and Mogo

Charles Mandel Aug 12, 2022

FinTech companies ride out a turbulent market.

Funding

Canvass Analytics secures $3.3 million USD top-up for Series A round

Charlize Alcaraz Aug 12, 2022

Yamaha Motor Ventures backs Canvass again after its initial investment in 2020.

Funding

Lucid closes $3 million to turn music into medicine for Alzheimer’s patients

Josh Scott Aug 12, 2022

…

Lady in a purple shirt accessing Cera Healthcare from her phone.

Healthtech

H|T: The Healthtech Times – How long term care in hospitals could become obsolete

Michael Edgar Aug 12, 2022

Plus: 10x Genomics lays off approximately 100 employees.

Funding

Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse

Charlize Alcaraz Aug 11, 2022

The subscription program is set to launch in Q1 next year.

Markets

Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs

Charles Mandel Aug 11, 2022

Gains and losses aren’t about the verticals, but rather the companies.

Invest Nova Scotia executive chair Tom Hickey resigns two weeks after consolidation

Charlize Alcaraz Aug 11, 2022

Invest Nova Scotia was the result of Innovacorp and NSBI’s merger.

Funding

SVG Ventures Thrive launches new agri-food tech pre-accelerator, venture studio

Charlize Alcaraz Aug 11, 2022

The pre-accelerator has $3.7 million in provincial and federal backing.

Funding

Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell

Josh Scott Aug 11, 2022

Phoenix Fire’s LPs now include the co-founders of Thinkific and Odaia.

Retail

R|T: The Retail Times – Lightspeed posts gains, Shopify invests

Michael Edgar Aug 11, 2022

Plus: D2C startups not immune to downturn as Article, Mejuri make staff cuts.

Acquisitions

Wagepoint acquires KinHR to offer employee management software

Charlize Alcaraz Aug 10, 2022

KinHR marks Wagepoint’s second acquisition after securing $10 million from PSG.

Layoffs

Dooly latest Vancouver startup to cut staff amid broader market downturn

Charlize Alcaraz Aug 10, 2022

Dooly has joined a growing number of Canadian tech companies to trim their workforce, laying off 12 people.

Funding

Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments

Charlize Alcaraz Aug 10, 2022

Amp Energy, GoBolt, Ecobee, Brainbox AI among top funded startups in the sector.

FinTech

As other lenders collapse, Ledn bets conservative approach will help startup survive crypto winter

Josh Scott Aug 10, 2022

Ledn co-founder eyes M&A, anticipates more crypto lending regulation amid crash.

Acquisitions

HR tech startup Humi acquires SaaS scheduling startup Ameego

Charles Mandel Aug 10, 2022

Humi customers include Tim Hortons, Boston Pizza, and Moxies.

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.

Listen Now

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.

Listen Now

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.

Listen Now

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.

Listen Now