BetaKit - Canadian Startup News & Tech Innovation

Featured

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

Cleantech

13 Canadian companies crack 2022 Global Cleantech 100

Josh Scott Jan 14, 2022

BC accounts for over half of the Canadian cleantech startups listed.

Review of 11 Canadian tech companies to watch in 2021

Kevin Sandhu Jan 14, 2022

Startups on the 2021 list made major financing deals and exits.

Acquisitions

Redbrick acquires Indianapolis-based email marketing platform Delivra

Charlize Alcaraz Jan 14, 2022

Delivra is the fifth company to join Redbrick’s growing portfolio.

Acquisitions

PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions

Charlize Alcaraz Jan 14, 2022

The acquisition follows a recent equity investment of up to $150 million.

Funding

Together lands $6.2 million CAD to pair mentors and mentees in companies

Charles Mandel Jan 14, 2022

The Y Combinator graduate caters to Airbnb, Discovery Channel.

Healthtech

H|T: The Healthtech Times – Michael Serbinis joins Canada’s League of unicorns

Josh Scott Jan 14, 2022

Plus: The Elizabeth Holmes verdict.

Funding

Ryan Holmes, Manny Padda-led LOI Venture secures more than one-third of $20 million target in first close

Charlize Alcaraz Jan 13, 2022

Newly announced LPs include Dapper Labs and Clearco founders.

Alberta launches tech worker immigration stream after calls from community

Meagan Simpson Jan 13, 2022

New program hopes to fill gap in tech talent.

Funding

Boosted.ai raises $43.7 million CAD to scale AI platform for investment managers

Charlize Alcaraz Jan 13, 2022

Boosted.ai claims $57.4 million CAD in total funding to date.

Funding

Provision Analytics raises $6 million CAD to improve food safety with its SaaS platform

Charles Mandel Jan 13, 2022

Provision supplies digital record keeping, insights for food safety

Funding

Conduit’s ‘Stripe for DeFi’ approach bags startup $21.2 million CAD round led by Portage

Charles Mandel Jan 13, 2022

Conduit wants to make DeFi “invisible” via its APIs.

Funding

Unreserved closes $33 million seed round to build property auction platform

Josh Scott Jan 13, 2022

E Inc founder aims to apply car auction model to homes.

Acquisitions

FundThrough acquires invoice financing business from Silicon Valley’s BlueVine

Meagan Simpson Jan 13, 2022

The purchase doubles FundThrough’s US customer base.

Retail

R|T: The Retail Times – How Shopify became the everywhere store

Josh Scott Jan 13, 2022

Plus: CDPQ invests $100 million CAD in AppDirect’s channel partner program.

SaaS

AmpMe accused of boosting app sales through fake reviews by noted App Store critic

Charles Mandel Jan 12, 2022

App maker conceded “more oversight is needed.”

From Partners

Sorry, no posts were found

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