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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

Healthtech

H|T: The Healthtech Times – Investors bet big on BenchSci

Josh Scott Feb 4, 2022

Plus: What stopped The Canadian Shield from supplying the PPE and tests Canada needs?

Funding

LeddarTech scores $140 million USD in Series D funding and debt

Josh Scott Feb 3, 2022

LeddarTech builds tech systems that support autonomous vehicles.

Acquisitions

Newly TSXV-listed Pluribus Technologies acquires Kesson Group, Social5

Charlize Alcaraz Feb 3, 2022

Pluribus acquired both for a cumulative $10.3 million in cash and shares.

IBM partners with Québec government to open new accelerator program

Charles Mandel Feb 3, 2022

Program focuses on quantum, AI, semiconductors, and high-performance computing.

Funding

Amplify Capital closes $30.7 million for second fund, eyes Québec startups with Montréal office

Josh Scott Feb 3, 2022

To date, the MaRS spinout has backed 7 companies through Fund II.

Funding

Proptech startup VendorPM raises $6 million in Bessemer-led seed round

Charlize Alcaraz Feb 3, 2022

VendorPM earmarked the new capital for US expansion.

SaaS

Hopper now valued at $5 billion after $35 million secondary deal

Meagan Simpson Feb 3, 2022

Hopper recently expanded into Airbnb-style home rentals.

Reports

Universities have a role to play in addressing BC’s tech talent crunch: report

Isabelle Kirkwood Feb 3, 2022

BC faces the perils of “brain drain 2.0.”

Funding

ClearEstate raises $16.8 million CAD to help the grieving deal with estates

Charles Mandel Feb 3, 2022

Lead investor OMERS Ventures says “end-of-life products” deserve more thoughtful solutions.

Retail

R|T: The Retail Times – How long will it take Shopify to compete with Amazon on fulfillment?

Josh Scott Feb 3, 2022

Plus: Lightspeed adds global tech entrepreneurs to its board.

Markets

Founder Dax Dasilva out as Lightspeed CEO

Charles Mandel and Meagan Simpson Feb 2, 2022

President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.

FinTech

Wealthsimple still working on crypto wallet withdrawals

Josh Scott Feb 2, 2022

Wealthsimple plans to ensure all users have access to BTC and ETH withdrawals soon.

WeBC appoints entrepreneur and community builder Shauna Harper as new CEO

Josh Scott Feb 2, 2022

Harper will assume leadership of the not-for-profit on April 4.

Funding

Gandeeva Therapeutics raises $40 million in Series A funding to scale precision imaging tech

Charlize Alcaraz Feb 2, 2022

Venture capital firms Lux Capital and Leaps by Bayer led Gandeeva’s round.

Funding

Hydrogen production tech startup Ekona Power closes $79 million Series A

Charlize Alcaraz Feb 2, 2022

The round was led by oilfield company Baker Hughes.

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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