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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H|T: The Healthtech Times – Ontario budget allocates funding to healthtech procurement

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Alex Riehl @ BetaKit · 04/05/2024 05:00 EDT

Plus: Neuralink is now accepting Canadian patients. Read more ›

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Cohere introduces new LLM for businesses alongside Microsoft Azure collaboration

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Alex Riehl @ BetaKit · 04/04/2024 13:08 EDT

Enterprise-focused OpenAI competitor is reportedly in talks to raise at least $500 million at $5 billion valuation. Read more ›

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Coinbase becomes first international crypto exchange to secure restricted dealer licence in Canada

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Josh Scott @ BetaKit · 04/04/2024 10:50 EDT

The approval comes as Coinbase faces an SEC crackdown at home. Read more ›

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BetaKit Live: How Coinbase is growing crypto adoption in Canada

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BetaKit @ BetaKit · 04/04/2024 10:00 EDT

Join BetaKit and Coinbase on April 2, 2024 for a fireside chat on X, LinkedIn, and YouTube. Read more ›

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Meet the Y Combinator Winter 2024 cohort startups with Canadian roots

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Isabelle Kirkwood @ BetaKit 3 place · 04/04/2024 06:30 EDT

W24 participants include Senso, DraftAid, AgentHub, GovernGPT, Datacurve, and more. Read more ›

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Innovation Factory and Haltech amalgamate to serve Hamilton, Halton area startups

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Alex Riehl @ BetaKit 3 place · 04/04/2024 06:02 EDT

The Ontario organizations have come together under the Innovation Factory banner. Read more ›

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R|T: The Retail Times – Why women in retail are leaving CEO positions

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Alex Riehl @ BetaKit · 04/04/2024 05:00 EDT

Plus: Lightspeed CEO muses about privatization; Giant Tiger’s cyberattack. Read more ›

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Brim Financial closes $85-million Series C led by EDC to fund US expansion

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Josh Scott @ BetaKit · 04/03/2024 13:24 EDT

FinTech firm fuels up to accelerate growth south of the border. Read more ›

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Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return

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Alex Riehl @ BetaKit · 04/03/2024 13:01 EDT

Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings. Read more ›

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Startup Open House returns to its roots after acquisition by MTL NewTech

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Isabelle Kirkwood @ BetaKit 3 place · 04/03/2024 10:00 EDT

The one-day showcase is hoped to draw up to 900 attendees. Read more ›

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“The stakes are high”: CCI report calls on feds, provinces to revamp approach to buying from Canadian tech companies

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Josh Scott @ BetaKit · 04/03/2024 10:00 EDT

CCI argues public procurement improvements could help correct Canada’s “historic innovation underperformance.” Read more ›

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Siri Agrell joins BetaKit as CEO

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BetaKit @ BetaKit 3 place · 04/03/2024 09:00 EDT

Seasoned Canadian journalist and tech ecosystem leader joins as BetaKit's new CEO. Read more ›

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With latest funding and Scotiabank partnership, Willful sets its sights on profitability

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Josh Scott @ BetaKit 3 place · 04/03/2024 06:00 EDT

After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces. Read more ›

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A|I: The AI Times – Canadian pension manager to co-lead deal valuing Cohere at $5 billion

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Alex Riehl @ BetaKit · 04/03/2024 04:59 EDT

Plus: Feds broaden foreign investment scrutiny; Why Apple bought DarwinAI. Read more ›

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BeniPlus secures $1.1 million to simplify employee benefits

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Alex Riehl @ BetaKit · 04/02/2024 16:41 EDT

BeniPlus offers a wallet system for employees to allocate benefits depending on their needs. Read more ›

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Cohere’s Aidan Gomez talks scaling AI for enterprise, Vinod Khosla explores risk-taking at CIX Summit 2024

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Isabelle Kirkwood @ BetaKit · 04/02/2024 16:33 EDT

Opening night covered AI adoption, risk-taking in venture capital, and bipedal robots. Read more ›

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Feds, Québec commit $16 million to create an AI computing cluster in Laval

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Alex Riehl @ BetaKit · 04/02/2024 13:54 EDT

The funding follows recent calls to increase Canada’s AI computing power. Read more ›

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Recon Instruments founder unveils new AR swim goggles

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Isabelle Kirkwood @ BetaKit · 04/02/2024 10:00 EDT

Form’s Smart Swim 2 features heart rate monitor, digital compass. Read more ›

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S|W: The SaaS Weekly – Peek inside Canva’s battle plan against Adobe

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Alex Riehl @ BetaKit 2 place · 04/02/2024 05:00 EDT

Plus: Ontario school boards sue social media giants for $4.5B. Read more ›

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Helika launches $50-million accelerator for Web3 and traditional gaming studios

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Alex Riehl @ BetaKit 3 place · 04/01/2024 14:04 EDT

Helika secured $10.8 million CAD in Series A funding last month. Read more ›

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