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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

Hospitality platform 7shifts secures $101.6 million CAD to increase staffing, product development

Charles Mandel Feb 10, 2022

Startup says it added more than 10,000 restaurants to its platform last year.

Funding

Odaia secures $17.5 million CAD to help pharma firms focus their sales and marketing with AI

Josh Scott Feb 10, 2022

Odaia aims to be a “one-stop shop” for pharma data analysis.

Funding

Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round

Meagan Simpson Feb 10, 2022

Franklin Templeton and Allianz Life both made strategic investments in Micruity.

Funding

Cubbi secures $1.35 million CAD to expand its food delivery and storage platform

Charles Mandel Feb 10, 2022

The food delivery startup comes from same city as SkipTheDishes.

Retail

R|T: The Retail Times – Lightspeed’s Age of Dax is over

Josh Scott Feb 10, 2022

Plus: Amazon confronts pandemic costs and raises the price of Prime.

Funding

Axya raises $3.9 million in seed extension to scale deployment of supply chain software

Charlize Alcaraz Feb 9, 2022

The initial round closed in March and raised $1.5 million.

SVB reports Canadian tech startups drew record $16 billion in investment in 2021

Josh Scott Feb 9, 2022

Canadian tech almost tripled 2020’s funding numbers.

Funding

Newton Crypto now valued at $253 million following $25 million CAD Series B round

Charlize Alcaraz Feb 9, 2022

Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.

Raquel Urtasun, founder and CEO of Waabi.

Raquel Urtasun’s Waabi unveils “revolutionary” autonomous vehicle testing simulator

Meagan Simpson Feb 9, 2022

Waabi claims it’s the “ultimate school for self-driving vehicles.”

A|I: The AI Times – Cruise cruises to deployment

Josh Scott Feb 9, 2022

Plus: DeepMind’s AlphaCode AI writes code at a competitive level.

Markets

Coveo sees 39 percent year-over-year revenue growth in “record” Q3

Josh Scott Feb 8, 2022

This is the first earnings report since Coveo went public on the TSX.

Funding

Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund

Charlize Alcaraz Feb 8, 2022

Nord develops hardware for fault-tolerant quantum computing.

Funding

Elastic Path secures $60 million to scale “composable commerce movement”

Charlize Alcaraz Feb 8, 2022

The round brings Elastic Path’s total funding to $120 million.

external shot of the EDC building in Ottawa

EDC makes COVID-19 investment matching program permanent, expands eligibility

Josh Scott Feb 8, 2022

Since 2020, the program has invested a total of $223 million in 84 Canadian companies.

Funding

Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics

Meagan Simpson Feb 8, 2022

PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.

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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