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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 – Market downturn hits Ritual, Bonsai, Sonder

Michael Edgar Jun 30, 2022

Plus: Amazon is running out of people to hire.

Funding

IBM Canada to launch innovation centre in Calgary, hire 250 staff

Charlize Alcaraz Jun 29, 2022

The Calgary innovation centre could reach up to 430 hires.

SaaS

US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions

Charlize Alcaraz Jun 29, 2022

All four plan to conduct a hiring spree amid a growing number of global tech layoffs.

Layoffs

Clutch cuts staff to extend runway, citing market conditions

Meagan Simpson Jun 29, 2022

The layoffs follow a $100 million Series B secured in 2021.

Isaac Souweine leaves Real Ventures, joins Pender Ventures to support Vancouver firm’s expansion across Canada

Josh Scott Jun 29, 2022

After backing nine startups through first fund, Pender Ventures hopes to raise $100 million CAD for Fund II.

Funding

Cadence closes $1.2 million to ease the administrative burden for grieving families

Josh Scott Jun 29, 2022

Backed by Conexus, Lex Capital, The51, Cadence aims to expand across North America.

A|I: The AI Times – Pan-Canadian AI strategy, part two

Michael Edgar Jun 29, 2022

Plus: Stradigi AI lays off no less than 50 employees.

circuit board semiconductor computer chip

Acquisitions

Accenture to acquire semiconductor engineering services firm XtremeEDA

Charlize Alcaraz Jun 28, 2022

Accenture inks deal to purchase chip designer amid global shortage.

Funding

Triptyq Capital launches fund to fill financing gaps in Québec’s creative economy

Charlize Alcaraz Jun 28, 2022

Triptyq wants to help in creating 20 startups.

Goodlawyer's Calgary Yacht Party, Collision 2022

With political turnover on the horizon, is the party over for Alberta tech?

Meagan Simpson Jun 28, 2022

Alberta tech stakeholders believe new government leadership won’t slow them down.

Impact

Google opens applications for latest Black Founders, Women Founders cohorts in Canada

Charlize Alcaraz Jun 28, 2022

Past participants include solution providers for maternal care, document management, and textiles.

Reports

Report tracks 150 real estate tech-related startups in Canada

Charles Mandel Jun 28, 2022

RenoRun and Ecobee topped the Proptech in Canada Report.

Funding

Tablz closes $3.2 million CAD to bring premium seating to the restaurant industry

Josh Scott Jun 28, 2022

Tablz wants to monetize restaurant tables like airplane seats.

Funding

Maxa raises $2.9 million CAD to help businesses automate resource planning

Charlize Alcaraz Jun 28, 2022

Investor says ERP space is “ripe for change.”

NACO reports angel investment in Canada hit record $262 million in 2021

Josh Scott Jun 28, 2022

Proportion of women investors increased last year as investment more than doubled.

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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