News from BetaKit

Canada’s AI ambitions with Minister Evan Solomon

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Douglas Soltys @ BetaKit 1 place · 12/05/2025 20:26 EDT

Minister Evan Solomon sits down with C100 Executive Director Michael Buhr to discuss the country’s future in AI. Read more ›

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“Still processing”: Lighthouse Labs co-founder shares lessons from sale to Uvaro and bankruptcy

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Josh Scott @ BetaKit · 10/24/2025 12:25 EDT

At TechExit.io, Jeremy Shaki unpacks how it felt watching his 12-year project “fall apart.” Read more ›

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Neo Financial completes first-ever hat trick of Deloitte Technology Fast 50 rankings

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Alex Riehl @ BetaKit · 10/24/2025 11:00 EDT

Together, 2025 winners averaged a three-year revenue growth of 2,623 percent. Read more ›

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Cybrid closes $10 million USD Series A round to bring stablecoins to the business mainstream

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Madison McLauchlan @ BetaKit · 10/23/2025 17:00 EDT

FinTech company gets backing from BDC Capital as Bank of Canada signals openness to stablecoin. Read more ›

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AI minister won’t rule out American involvement in Canada’s “sovereign” cloud

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Alex Riehl @ BetaKit · 10/23/2025 16:29 EDT

Evan Solomon says sovereign cloud strategy may have room for "multiple players" as Ottawa looks to define sovereignty. Read more ›

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FINTRAC issues record-setting $177 million fine against crypto exchange Cryptomus

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Alex Riehl @ BetaKit 3 place · 10/23/2025 08:00 EDT

Money laundering watchdog hands out hefty penalty for failure to submit over 1,000 suspicious transaction reports. Read more ›

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Calgary’s Future Summit 2025 looks to drive deals in legacy industries, AI, and infrastructure

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Isabelle Kirkwood @ BetaKit · 10/23/2025 07:00 EDT

Three-day conference from Nov. 18-20 designed to achieve real business outcomes. Read more ›

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Felix Health raises $53 million in growth financing to get more “aggressive” in telehealth

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Madison McLauchlan @ BetaKit · 10/23/2025 06:00 EDT

Newly profitable Toronto startup aims to scale operations before generic weight loss drugs arrive in Canada. Read more ›

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Canada’s FinTech industry enters new era as Bank of Canada taps first payment service providers

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Madison McLauchlan @ BetaKit · 10/22/2025 17:14 EDT

Wealthsimple, Venn, Brim, and others are now subject to new rules and payment rail access. Read more ›

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Canadian AI pioneers Yoshua Bengio and Geoffrey Hinton join global call to ban superintelligence development

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Alex Riehl @ BetaKit · 10/22/2025 14:50 EDT

More than 1,500 signatories back open letter warning of loss of freedom, dignity, and “potential human extinction.” Read more ›

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Koho refreshes joint accounts with new reward features

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Alex Riehl @ BetaKit · 10/22/2025 12:15 EDT

New offering targets young Canadians navigating affordability pressures through shared finances. Read more ›

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Wealthsimple unveils advanced investing tools as it hits $100-billion milestone

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Josh Scott @ BetaKit · 10/22/2025 12:00 EDT

As it surpasses $100 billion AUA, Toronto firm aims to bolster investing with lower fees, diversification, and AI. Read more ›

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The Canva for spreadsheets tackling Canada’s founder-finance gap

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Isabelle Kirkwood @ BetaKit 1 place · 10/22/2025 07:00 EDT

Profitual helps startups build budgets, forecasts, and investor-ready financials, no accounting degree required. Read more ›

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Rally festival tells doom scrolling teens “it’s okay to be unavailable” online

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Josh Scott @ BetaKit · 10/22/2025 06:00 EDT

From screen-time to chatbots, new Toronto festival helps young Canadians reclaim control of their digital lives. Read more ›

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Aidan Gomez says Cohere could IPO “soon” as company holds secondary sale

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Alex Riehl @ BetaKit · 10/21/2025 16:48 EDT

CEO thinks Canadian AI firm will become profitable before 2029. Read more ›

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MaRS relaunches Capital Program to keep Canada’s “anchor” companies at home

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Alex Riehl @ BetaKit · 10/21/2025 15:44 EDT

Renewed program guides startups through fundraising with a “white-glove service." Read more ›

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Harley Finkelstein and David Segal spill the tea on entrepreneurship at “Made in Montréal” event

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Madison McLauchlan @ BetaKit · 10/21/2025 13:18 EDT

Shopify president and DavidsTea founder urge founders to buck relocation pressure and make Canada their launchpad. Read more ›

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Investissement Québec transforms early-stage program into $200-million VC fund

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Madison McLauchlan @ BetaKit · 10/21/2025 08:58 EDT

New Fonds Impulsion will expand support for founders amid declining seed-stage deal flow across the province. Read more ›

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Can today’s AI wunderkinds clear tomorrow’s enterprise hurdles?

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Isabelle Kirkwood @ BetaKit · 10/21/2025 07:00 EDT

Four investors break down how AI startups can cross the bridge to true enterprise contracts. Read more ›

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Tech investor associations urge unified capital strategy ahead of budget

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Josh Scott @ BetaKit · 10/21/2025 05:00 EDT

NACO and CVCA ask for seed-matching program, VCCI re-up, Canadian QSBS, and mid-cap support. Read more ›

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Clio the latest Canadian company to partner with Affirm for “buy now, pay later” service

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Alex Riehl @ BetaKit · 10/20/2025 15:40 EDT

Legaltech company also launches its own capital advance program as it tackles the enterprise market. Read more ›

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