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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

Clearco expands to Germany while cutting staff in Ireland

Meagan Simpson Jun 6, 2022

The cuts come three months after Clearco promised to hire 125 people in Ireland.

Funding

Accelerator Centre secures $10 million from FedDev Ontario for venture studio program

Charlize Alcaraz Jun 6, 2022

Participating startups can receive up to $100,000 in seed funding.

Funding

CanCode doles out $1.1 million to digital literacy training group Grandir Sans Frontières

Charlize Alcaraz Jun 6, 2022

GSF aims to create over 8,000 tech training opportunities for youth.

FinTech

F|T: The FinTech Times – Canada’s FinTech super app is here

Michael Edgar Jun 6, 2022

Plus: Pine comes out of stealth to build the “Wealthsimple for home buying”.

Canadian startup news of the week (6/5/22)

Michael Edgar Jun 6, 2022

Plus: Shopify finds conflict minerals in its third-party manufactured components.

Why Canadian tech founders need better mentors

Douglas Soltys Jun 5, 2022

Who teaches mentors how to mentor entrepreneurs?

Markets

Shopify finds conflict minerals in its third-party manufactured components

Charles Mandel Jun 3, 2022

US, EU require conflict minerals reporting; Canada does not.

Acquisitions

Nasdaq to acquire Montréal ESG software provider Metrio

Charlize Alcaraz Jun 3, 2022

Nasdaq’s last Canadian acquisition was Verafin for $2.75 billion USD.

Funding

Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform

Charlize Alcaraz Jun 3, 2022

Parvis’ direct-to-investor platform is set to launch later this summer.

Funding

Québec’s innovation minister “not happy” with province’s R&D commercialization

Josh Scott Jun 3, 2022

With new $7.5 billion SQRI2 strategy, Minister Pierre Fitzgibbon aims to close the productivity gap with Ontario.

With Canadian tech IPOs on pause, private markets face a higher bar

Aly Gillani Jun 3, 2022

The pendulum swings back to the private market.

Healthtech

H|T: The Healthtech Times – Inside Canada’s Indeed for doctors

Michael Edgar Jun 3, 2022

Plus: MFine is not fine.

Funding

Penny AI raises $33.9 million CAD Series B to expand direct sales solution

Charlize Alcaraz Jun 2, 2022

Penny’s platform supports sales consultants in over 60 countries and 25 languages.

Funding

Alberta Innovates invests cumulative $9.1 million to 15 projects focused on tech ecosystem growth

Charlize Alcaraz Jun 2, 2022

Alberta Innovates also set to invest $2 million into program for reusing plastics.

Markets

Lightspeed turns NuOrder acquisition into new B2B supplier network

Josh Scott Jun 2, 2022

Lightspeed B2B “last step” in Lightspeed’s plan to turn bevy of acquisitions into new products.

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.

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.

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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.

Listen Now