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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

Funding

Avanti Software secures $25 million to fully embrace cloud-only payroll and HR tech

Josh Scott Feb 24, 2022

Since its acquisition in 2016, Avanti has gone “all-in on the cloud.”

Retail

R|T: The Retail Times – Shopify’s stock slips

Josh Scott Feb 24, 2022

Plus: Uber Eats vs. DoorDash: The delivery wars are heating up.

Toronto’s Neha Bahl joins US-based Renew Venture Capital as general partner

Charlize Alcaraz Feb 23, 2022

Neha Bahl is the former CEO of Toronto Business Development Centre.

Acquisitions

Givex acquires Loyalty Lane to expand customer relationship management platform

Charlize Alcaraz Feb 23, 2022

Givex previously acquired IT service and consulting business Kalex.

FinTech

1Password expands into crypto, offering protection to crypto wallet users

Charles Mandel Feb 23, 2022

“Crypto innovations are reshaping the world, but for many it seems too confusing or risky to join.”

Funding

Aviron scores $23.6 million CAD Series A round to make rowing fun

Josh Scott Feb 23, 2022

Toronto startup hopes to row around Peloton’s shark-infested waters.

A|I: The AI Times – Speaking Cohere’s language

Josh Scott Feb 23, 2022

Plus: Texas sues Meta over Facebook’s facial-recognition practices.

FinTech

Klarna to open offices in Toronto, Vancouver, Québec as company expands service to Canada

Charlize Alcaraz Feb 22, 2022

The Swedish payments company plans to hire over 500 engineers by 2025.

FinTech

Former Bench CEO Ian Crosby joins Shopify Balance as product director

Josh Scott Feb 22, 2022

The Bench co-founder described Shopify Balance as “a phenomenal product.”

Michele Romanow and Andrew D'Souza founders of Clearbanc

FinTech

Michele Romanow becomes Clearco CEO as Andrew D’Souza moves to Executive Chair

Douglas Soltys Feb 22, 2022

Clearco lost its CFO to Clio in January.

Events

Co-founder Lisa Zarzeczny named Elevate CEO with in-person festival to return this fall

Charlize Alcaraz Feb 22, 2022

Randy Lennox steps down from his role as executive chair.

Funding

RouteThis secures $25 million to take the headache out of home internet

Douglas Soltys Feb 22, 2022

Company sadly can’t bypass nation’s telco oligopoly.

Funding

Village Wellth raises $400,000 CAD seed round for its business acquisition platform

Charles Mandel Feb 22, 2022

Village Wellth aims to “democratize” the acquisition process for buyers.

Funding

eSentire to be valued at $1.1 billion USD following $325 million deal

Meagan Simpson Feb 22, 2022

Only $100 million in primary capital will go to the company.

Funding

Busbud closes $14 million CAD, acquires Recorrido to fuel Latin American expansion

Josh Scott Feb 22, 2022

Chilean energy firm COPEC’s venture arm led the round.

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