News from BetaKit

Moment Energy raises $40 million USD Series B to give used EV batteries new life

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Jesse Cole @ BetaKit · 05/06/2026 06:05 EDT

Company plans to use capital to expand manufacturing, hiring Read more ›

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Toronto Tech Week reveals new Homecoming speakers

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Trevor Nichols @ BetaKit · 05/05/2026 12:54 EDT

Rob Khazzam, Andrew D'Souza, Lulu Cheng Meservey, and others join lineup for official mainstage event. Read more ›

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Shopify posts strong revenue growth, but stock still falls on slow growth forecast

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Madison McLauchlan @ BetaKit · 05/05/2026 12:44 EDT

E-commerce giant posted loss of $581 million USD due mainly to equity investments. Read more ›

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“The math is not mathing”: How AI bubble fears are changing Canadian VCs investment approach

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Alex Riehl @ BetaKit · 05/05/2026 11:38 EDT

Leaders from Wittington, McRock, and IRV clash on whether AI is a bubble, but agree some things do not add up. Read more ›

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Canada’s plan to ban crypto ATMs worries industry, advocates

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Jesse Cole @ BetaKit · 05/05/2026 07:00 EDT

Nearly 4,000 cryptocurrency ATMs are located across Canada. Read more ›

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Ottawa plans to spin off federal semiconductor facility into “commercial entity”

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Alex Riehl @ BetaKit · 05/04/2026 19:00 EDT

The NRC’s Canadian Photonics Fabrication Centre is the only end-to-end, pure-play compound semiconductor facility in North America. Read more ›

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Closing the loop: How Mastercard is building for agentic commerce

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Isabelle Kirkwood @ BetaKit · 05/04/2026 15:49 EDT

Mastercard’s Craig Reiff explains why trust, not technology, will enable this next shift. Read more ›

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Biopharma giant Sanofi to grow Toronto presence with expanded AI centre

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Josh Scott @ BetaKit · 05/04/2026 14:36 EDT

French company says $294-million investment will create 50 new jobs. Read more ›

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Alison Kaizer says founders must build hiring muscles in the AI era

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Trevor Nichols @ BetaKit · 05/04/2026 13:04 EDT

Golden Ventures partner uses Uniting the Prairies stage to argue hiring shouldn't be outsourced. Read more ›

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What Canadian founders can learn from Silicon Valley’s speed

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Trevor Nichols @ BetaKit · 05/04/2026 12:05 EDT

At Uniting the Prairies, Chris Neumann argues for learning from the US while building in Canada. Read more ›

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Q&A: Why the threat of Anthropic’s Mythos demonstrates the need for sovereign AI

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Alex Riehl @ BetaKit · 05/04/2026 07:00 EDT

CIRA VP Jon Ferguson on how the Project Glasswing preview could leave Canadian firms out in the cold. Read more ›

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Plum acquired by US-based Phenom to reduce bad hires in the age of AI

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Josh Scott @ BetaKit · 05/04/2026 06:00 EDT

Phenom expands into Canada with its third acquisition this year. Read more ›

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Wealth? In this economy?

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Sarah Rieger @ BetaKit · 05/04/2026 05:00 EDT

Plus: The full BetaKit Most Ambitious: Town Hall speaker lineup. Read more ›

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Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing

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Alex Riehl @ BetaKit 1 place · 05/01/2026 14:46 EDT

Juno Industries has secured $12 million in commitments to list on TSVX in reverse takeover deal. Read more ›

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Women’s Equity Lab Manitoba closes Fund 3 at $300,000

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Jesse Cole @ BetaKit 2 place · 05/01/2026 14:26 EDT

Fund reached full subscription in record time, maxing out in roughly a month. Read more ›

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AI godfather Geoffrey Hinton says we must convince AI that it’s our mother

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Josh Scott @ BetaKit 3 place · 05/01/2026 13:47 EDT

Hinton says making AIs care more about us than themselves could keep them from wiping out humanity. Read more ›

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Canada’s real workforce crisis isn’t AI, it’s the entry-level experience gap

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Trevor Nichols @ BetaKit · 05/01/2026 11:06 EDT

Venture for Canada’s CEO writes that Canadian employers need to give young workers a fair shot. Read more ›

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Meet the BetaKit Most Ambitious: Town Hall full speaker lineup

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BetaKit @ BetaKit · 05/01/2026 10:20 EDT

Cameron Bailey, Olivia Chow, Eliot Pence, and more join BetaKit’s marquee Toronto Tech Week opener. Read more ›

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PrairiesCan invests $7.9 million in funding to support Co.Labs, local AI firms

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Jesse Cole @ BetaKit · 04/30/2026 18:10 EDT

Funding was announced in Saskatoon at the Uniting the Prairies conference Read more ›

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Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure

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Alex Riehl @ BetaKit · 04/30/2026 16:52 EDT

Company can deploy more than 30,000 open-source AI models through a single API. Read more ›

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