News from BetaKit

WonderFi Q2 earnings show widening losses ahead of Robinhood takeover

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Jon Fingas @ BetaKit 2 place · 08/15/2025 16:17 EDT

A volatile crypto market has affected the Canadian startup’s final months of independence. Read more ›

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Healwell plans to offload research, patient businesses as it focuses on AI

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Jon Fingas @ BetaKit 3 place · 08/15/2025 13:53 EDT

Both Healwell and parent company Well Health reported record earnings in Q2. Read more ›

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NordSpace breaks ground, Shopify reclaims its crown, Perplexity courts Google

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Isabelle Kirkwood @ BetaKit · 08/15/2025 07:00 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for August 15, 2025. Read more ›

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Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding

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Alex Riehl @ BetaKit 3 place · 08/14/2025 14:36 EDT

COO Elliot Schneier promoted to CEO as company founder becomes president. Read more ›

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Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs

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Josh Scott @ BetaKit 3 place · 08/14/2025 11:15 EDT

Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead. Read more ›

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Federal government invests $8 million into six Québec EV battery and charging projects

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Alex Riehl @ BetaKit · 08/14/2025 10:18 EDT

NRCan funding follows a period of turmoil for Québec’s EV sector. Read more ›

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US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap

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Josh Scott @ BetaKit · 08/14/2025 08:00 EDT

Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing. Read more ›

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The platform and technology team powering AI at TD

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Isabelle Kirkwood @ BetaKit · 08/14/2025 07:00 EDT

Kirsti Racine’s team is behind the platform transforming how TD employees and engineers use AI. Read more ›

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Seed-stage rebound a bright spot in Québec’s gloomy VC landscape: report

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Madison McLauchlan @ BetaKit · 08/14/2025 06:00 EDT

Sixty percent of VC deals in the province were under $5 million in Q2, new data shows. Read more ›

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Commissioner of Canada Elections will “explore the use” of AI

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Jon Fingas @ BetaKit · 08/13/2025 16:32 EDT

The move comes amid threats to election integrity from AI-enabled disinformation. Read more ›

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BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil 

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Alex Riehl @ BetaKit · 08/13/2025 15:33 EDT

Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn. Read more ›

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How Collectr bootstrapped a trading card hobby into an eight-figure business

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Alex Riehl @ BetaKit · 08/13/2025 07:00 EDT

Former Doorr founders’ new venture has amassed more than 4 million users in four years, including new advisor Steve Aoki. Read more ›

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YSpace is turning Toronto and York Region into a springboard for Hong Kong startups

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Jacqueline Loganathan @ BetaKit · 08/13/2025 07:00 EDT

The innovation hub's new partnership is opening doors between Canada's tech sector and Asia. Read more ›

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“Wake-up call” unheeded as Canadian VC investment hits lowest level since H1 2020

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Josh Scott @ BetaKit · 08/13/2025 06:00 EDT

CVCA report finds life sciences, venture debt among bright spots in otherwise bleak H1 2025. Read more ›

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Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises

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Madison McLauchlan @ BetaKit · 08/12/2025 14:28 EDT

Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security. Read more ›

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Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks

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Madison McLauchlan @ BetaKit · 08/12/2025 11:00 EDT

Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment. Read more ›

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Clutch opens BC facility as it hits the gas on renewed Western Canada expansion

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Josh Scott @ BetaKit · 08/12/2025 09:00 EDT

Online used car retailer gears up to scale its presence in Richmond over the next two years. Read more ›

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NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland

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Alex Riehl @ BetaKit 1 place · 08/12/2025 07:30 EDT

Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month. Read more ›

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OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”

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Alex Riehl @ BetaKit · 08/11/2025 12:04 EDT

James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings. Read more ›

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Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking

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Josh Scott @ BetaKit 2 place · 08/11/2025 06:00 EDT

Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business. Read more ›

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