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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

Events

Traction Conference returns in-person with Twitter, Eventbrite, Mailchimp as speakers

Charlize Alcaraz Jul 12, 2022

Execs from Atlassian, Shopify, Twitter, 1Password were unveiled as speakers.

SaaS

S|W: The SaaS Weekly – Twitter v. Musk

Michael Edgar Jul 12, 2022

Plus: Highflying cyber firms cut staff after raising hundreds of millions of dollars.

FinTech

Payments Canada appoints Wealthsimple’s chief compliance officer to member advisory council

Charlize Alcaraz Jul 11, 2022

The appointment marks the only FinTech startup rep on the council.

Funding

Solana Ventures, Twitch co-founder buy into Bravo Ready’s play-to-earn, Web3 video game

Josh Scott Jul 11, 2022

Bravo Ready has secured $3.9 million in fiat and cryptocurrency.

Acquisitions

Shopify completes acquisition of Deliverr, plans launch of two-day and next-day delivery service

Charlize Alcaraz Jul 11, 2022

Shopify ‘Primes’ for head-to-head competition with Amazon.

SaaS

English digital transformation company Adaptavist picks Toronto for North American headquarters

Charles Mandel Jul 11, 2022

Adaptavist wants to add up to 800 jobs and invest more than $50 million.

Funding

Companies secure collective $1 million after Startup TNT Summit V

Meagan Simpson Jul 11, 2022

Startup TNT co-founders raising venture fund.

FinTech

F|T: The FinTech Times – Vena customers allege SOC compliance falsehoods

Michael Edgar Jul 11, 2022

Plus: Voyager account holders likely won’t get all their crypto back.

Canadian startup news of the week (7/10/22)

Michael Edgar Jul 11, 2022

Plus: How to prepare for founder parental leave.

Events

Why Startupfest is a tech company now

Douglas Soltys Jul 10, 2022

Summer camp for Canadian tech is back.

Healthtech

H|T: The Healthtech Times – Period, fertility apps could be weaponized in post-Roe world

Michael Edgar Jul 8, 2022

Plus: Judge rules Apple Watch infringed AliveCor’s ECG patent, setting up potential U.S. import ban.

Ada opens machine learning centre in Israel, hires CPO

Charlize Alcaraz Jul 7, 2022

Israel’s growing AI market pulls in a Canadian unicorn.

Cleantech

Moment Energy signs supply agreement with Mercedes-Benz to repurpose used EV batteries

Charlize Alcaraz Jul 7, 2022

Moment Energy previously worked with Nissan in a similar deal.

Toronto

The DMZ, GroundBreak Ventures launch new proptech incubator program

Charlize Alcaraz Jul 7, 2022

Participating startups will receive $25,000 and 60 hours of mentorship.

Funding

Ecopia AI announces $8 million SDTC partnership to create 3D vector maps of Canadian cities

Josh Scott Jul 7, 2022

Project aims to support sustainability-related, net-zero initiatives.

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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