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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 – “Ready-to-eat” gets funding fuel while grocery delivery grinds to a halt

Michael Edgar Jun 2, 2022

Plus: Shopify takes heat from ISS over plan to give CEO more power.

FinTech

Wealthsimple launches FinTech super app, combining startup’s financial products

Josh Scott Jun 1, 2022

What’s “better than a bank?” Mike Katchen thinks it’s a super app.

Funding

Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch

Meagan Simpson Jun 1, 2022

The Centre is set to officially open on June 6.

“Canary in the coal mine”: TikTok presentation shows Big Tech’s influence on Bill C-11 debate

Kelsey Rolfe Jun 1, 2022

Is the Bill C-11 clamouring a “grassroots lobbying effort” or Big Tech machinations against regulation?

Impact

SoulRooms launches initiative to help Ukrainian refugees find homes in Canada

Charlize Alcaraz Jun 1, 2022

Plus: Canadian org launches app to expedite refugees’ arrival into Canada.

A|I: The AI Times – Is Canada’s IP strategy paying off?

Michael Edgar Jun 1, 2022

Plus: The alarmingly accurate face search engine anyone can use.

Funding

BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds

Charlize Alcaraz May 31, 2022

The four recipients operate in the life sciences, cleantech, and digital sectors.

Impact

Jennifer Couldrey to depart executive director role at The Upside Foundation

Charlize Alcaraz May 31, 2022

General manager Maria O’Reilly assumes interim ED position.

Funding

Inossem raises $3.5 million CAD to bolster R&D, add engineers

Charlize Alcaraz May 31, 2022

Inossem aims to help Canadian mid-sized businesses with business automation.

Canalyst founders James Rife and Damir Hot

Why Canalyst’s Damir Hot thinks every entrepreneur should have a co-founder

Stefan Palios May 31, 2022

Establish complementary skillsets buoyed by a shared hatred of losing.

Funding

Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will

Josh Scott May 31, 2022

Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”

Funding

Pine comes out of stealth to build “Wealthsimple for home buying”

Meagan Simpson May 31, 2022

Pine has secured $27 million since it was founded in 2021.

SaaS

S|W: The SaaS Weekly – VMwares for sale… sold!

Michael Edgar May 31, 2022

Plus: Humi closes $31 million Series B.

Markets

Acquisitions drive revenues at Emerge Commerce and Plurilock Security

Charles Mandel May 30, 2022

Both companies report revenue increases for the first quarter of 2022.

Markets

Lendified expressed doubts about moving forward as a company after posting first quarter loss

Charles Mandel May 30, 2022

Lendified said it is running an accumulated deficit of $52.2 million.

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.

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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