News from BetaKit

Canada won’t pursue national semiconductor strategy, AI minister says

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Alex Riehl @ BetaKit 1 place · 05/08/2026 13:41 EDT

Canada is the only G7 country without a standalone strategy. Industry groups are urging action. Read more ›

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LeddarTech’s Nasdaq listing in jeopardy as stock falls below $1-USD minimum

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Isabelle Kirkwood @ BetaKit · 08/06/2024 14:05 EDT

Company has 180 days to regain compliance and remain listed on Nasdaq Global Market. Read more ›

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Dax Dasilva wants his bonus

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Bianca Bharti @ BetaKit · 08/06/2024 09:35 EDT

Plus: More money on the table for diverse founders. Read more ›

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Perceptive Space emerges from stealth with $3.9 million to help predict solar flares and other ‘space weather’

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Josh Scott @ BetaKit · 08/06/2024 09:00 EDT

Toronto space tech startup aims to ensure safer satellite launches and operations. Read more ›

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Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk

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Josh Scott @ BetaKit · 08/06/2024 08:00 EDT

Inscora plans to launch its “value-added cyber insurance” software by the end of 2024. Read more ›

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Summer VC check-in with Sand Hill North’s Ryan Henry

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Douglas Soltys @ BetaKit 1 place · 08/05/2024 06:00 EDT

In the dog days of summer, what feels true for VCs and founders? Read more ›

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CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge

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Alex Riehl @ BetaKit 1 place · 08/02/2024 05:59 EDT

Interested parties must submit a project application form by Aug. 9. Read more ›

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Interior design project management platform Mydoma acquired by California’s Studio Designer

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Alex Riehl @ BetaKit 2 place · 08/01/2024 12:59 EDT

Studio Designer said the two companies will support nearly 20,000 interior designers across the United States and Canada. Read more ›

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Lightspeed beats revenue forecast in first full quarter under Dax Dasilva’s renewed reign

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Douglas Soltys @ BetaKit 3 place · 08/01/2024 08:46 EDT

Montréal-based company reports 27 percent year-over-year sales increase to $266.1 million USD. Read more ›

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Canadian telecom is gearing up for a quantum leap

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Isabelle Kirkwood @ BetaKit 2 place · 08/01/2024 06:00 EDT

TELUS helps drive quantum research and development. Read more ›

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Tracktile raises $575K to bring operations software to manufacturing industry plagued with “expensive and legacy” tech

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Bianca Bharti @ BetaKit 3 place · 07/31/2024 14:24 EDT

BDC selected the PEI startup as the first investment from its Seed Venture Fund. Read more ›

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Lithium-ion battery developer UgoWork closes Series C funding to expand HQ, production facility

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Alex Riehl @ BetaKit · 07/31/2024 13:26 EDT

UgoWork said it might raise additional capital, but declined to disclose further details. Read more ›

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Justice Department involved following Invest Nova Scotia employee email scam

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Alex Riehl @ BetaKit 1 place · 07/31/2024 05:31 EDT

Phisher impersonating Sandpiper Ventures received $573,000. Read more ›

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VitalHub agrees to acquire MedCurrent Corporation for up to $34 million

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Alex Riehl @ BetaKit 3 place · 07/30/2024 14:10 EDT

The total transaction value is dependent on annual performance over 36 months. Read more ›

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Ottawa announces second tranche of VCCI funding to support underrepresented entrepreneurs

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Bianca Bharti @ BetaKit 2 place · 07/30/2024 10:54 EDT

An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment. Read more ›

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Innerspeech translates brain signals in the cloud

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Isabelle Kirkwood @ BetaKit · 07/30/2024 06:00 EDT

Kitchener-Waterloo startup develops AI-enabled communication with the help of OVHcloud. Read more ›

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Three Canadian FinTech firms strike new partnerships

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Alex Riehl @ BetaKit 2 place · 07/29/2024 15:49 EDT

VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union. Read more ›

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Arcadea Group secures $336 million CAD to acquire vertical SaaS companies

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Alex Riehl @ BetaKit 3 place · 07/29/2024 13:09 EDT

Capital injection brings the firm's war chest up to $690 million CAD. Read more ›

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Former McMaster researchers announce $2 million to bring endometriosis test to market

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Josh Scott @ BetaKit 3 place · 07/29/2024 06:00 EDT

Hamilton-based Afynia aims to improve the way endometriosis is diagnosed. Read more ›

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Why Clio didn’t IPO

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Bianca Bharti @ BetaKit 2 place · 07/29/2024 05:00 EDT

Plus: The largest Series A raised by a Black female founder in Canada. Read more ›

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Why has developer hiring slowed?

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Douglas Soltys @ BetaKit · 07/28/2024 19:01 EDT

The BetaKit Podcast answers your Canadian tech questions for our 350th episode. Read more ›

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