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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R|T: The Retail Times – Shopify posts surprise Q1 loss, Lululemon under “greenwashing” investigation

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Alex Riehl @ BetaKit 3 place · 05/16/2024 05:00 EDT

Plus: What Tobi Lütke said at the BetaKit Town Hall. Read more ›

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Vantage points: Jocelyne Murphy on how Canadian tech can help Gen Z founders feel less alone

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Alex Riehl @ BetaKit · 05/15/2024 18:03 EDT

“I think we're looking for the industry veterans to lean in, be mentors, and show up for us.” Read more ›

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Gatik secures $41 million CAD from Isuzu Motors as pair expands partnership to build autonomous trucks

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Josh Scott @ BetaKit 2 place · 05/15/2024 17:20 EDT

Japanese automaker and tech firm with Canadian ties gear up to deliver driverless trucking. Read more ›

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CloudMD to be taken private by CPS Capital in $12-million deal

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Alex Riehl @ BetaKit · 05/15/2024 13:21 EDT

CloudMD had been reviewing options to solve its liquidity issues as a result of its numerous acquisitions. Read more ›

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Relocalize closes $2.3 million to decarbonize the food supply chain with micro-factories

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Josh Scott @ BetaKit 2 place · 05/15/2024 09:15 EDT

Starting with Florida, Relocalize aims to take its ice-making tech across the southern US. Read more ›

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ThinkLabs AI spins out of GE with $6.8 million CAD to simplify electrical grid management

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Josh Scott @ BetaKit · 05/15/2024 06:00 EDT

Opus One founder aims to help modernize the grid with his latest cleantech startup. Read more ›

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A|I: The AI Times – The Toronto startup using quantum chemistry to clean the world’s water

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Alex Riehl @ BetaKit · 05/15/2024 05:00 EDT

Plus: Vector awards $2 million in AI scholarships for top Ontario graduate students. Read more ›

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Bōde secures new funding to streamline home sales with AI

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Douglas Soltys @ BetaKit · 05/14/2024 12:51 EDT

Backed by Thin Air Labs, Calgary-based startup receives $4 million in equity and debt to scale platform. Read more ›

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Earned wage startup ZayZoon returns its services to Canada

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Alex Riehl @ BetaKit 2 place · 05/14/2024 09:00 EDT

ZayZoon focused on servicing the United States after struggling to take on Canadian clients in 2016. Read more ›

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Nfinite Nanotech closes $8.9 million CAD to nanocoat sustainable packaging

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Alex Riehl @ BetaKit 3 place · 05/14/2024 08:00 EDT

Nfinite says its ultra-thin barrier seals sustainable packaging while maintaining recyclability. Read more ›

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The best place to aim AI? The mirror

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Isabelle Kirkwood @ BetaKit · 05/14/2024 07:00 EDT

How smart businesses use generative AI to improve their own performance. Read more ›

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Baseline closes $2.2 million CAD to help private lenders manage their businesses

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Josh Scott @ BetaKit 1 place · 05/14/2024 06:00 EDT

Lender-turned-software-startup targets growing private lending market. Read more ›

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S|W: The SaaS Weekly – How investment banks are helping Canva and Figma stay private

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Alex Riehl @ BetaKit 2 place · 05/14/2024 05:00 EDT

Plus: Ottawa’s Kinaxis to make staff cuts as profits rise. Read more ›

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Report: Canadian corporate venture capital funding is dismal compared to the United States

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Bianca Bharti @ BetaKit · 05/14/2024 00:01 EDT

In 2023, only six percent of Canadian CVCs participated in a deal compared to 40 percent of US counterparts. Read more ›

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Vantage points: Cohere’s Ivan Zhang on making Canada the place to scale

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Isabelle Kirkwood @ BetaKit · 05/13/2024 13:34 EDT

“Right now, it's very hard to stay in Canada if you want to be the best in the world at something.” Read more ›

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F|T: The FinTech Times – Wealthsimple begins offering mortgages with Pine partnership

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Alex Riehl @ BetaKit · 05/13/2024 05:30 EDT

Plus: Binance caught in anti-money laundering crosshairs. Read more ›

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What comes next for Canadian tech?

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Bianca Bharti @ BetaKit 3 place · 05/13/2024 05:00 EDT

Plus: Wealthsimple partners with the Wealthsimple of mortgages. Read more ›

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Tobi Lütke finally comes on the BetaKit Podcast

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Douglas Soltys @ BetaKit 3 place · 05/12/2024 18:46 EDT

Shopify CEO discusses Canadian innovation, policy, courage, and ambition. Read more ›

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FINTRAC fines crypto giant Binance $6 million for flouting anti-money laundering laws

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Josh Scott @ BetaKit 1 place · 05/10/2024 16:36 EDT

The penalty comes shortly after an Ontario court certified a class action against the firm. Read more ›

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Three Canadian companies are hiring for hybrid tech roles

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Isabelle Kirkwood @ BetaKit 2 place · 05/10/2024 15:10 EDT

Flexible roles are now available at Trulioo, PwC Canada, and Scotiabank. Read more ›

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