News from BetaKit

Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 1 place · 07/18/2025 17:16 EDT

Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says. Read more ›

0

BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 2 place · 07/18/2025 15:22 EDT

Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.” Read more ›

0

Cohere’s got Seoul, Brim nets a former czar, and Zuck gets bumped

Add to bookmarks Don't show BetaKit

Isabelle Kirkwood @ BetaKit 3 place · 07/18/2025 15:05 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for July 18, 2025. Read more ›

0

Why Canada now cares about quantum tech with Xanadu’s Christian Weedbrook

Add to bookmarks Don't show BetaKit

Douglas Soltys @ BetaKit · 07/18/2025 07:10 EDT

A federal push for quantum sovereignty comes at the right time for Xanadu. Read more ›

0

Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit 2 place · 07/17/2025 14:57 EDT

Two out of three Substack co-founders are University of Waterloo alums. Read more ›

0

GeologicAI cashes in on data centre boom with $60.5-million CAD Series B

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 3 place · 07/17/2025 14:06 EDT

Mining tech startup will use funding to scale globally as demand for critical minerals intensifies. Read more ›

0

Longtime 1Password CEO Jeff Shiner moves to executive chair, cedes reins to David Faugno

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 07/17/2025 11:44 EDT

Shiner calls Faugno “the right leader for where we’re going next.” Read more ›

0

TD is assembling a roster of top technical talent

Add to bookmarks Don't show BetaKit

Isabelle Kirkwood @ BetaKit · 07/17/2025 07:00 EDT

From mainframes to modern tooling, TD engineers are set up to grow, build faster, and deliver at scale. Read more ›

0

BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit · 07/17/2025 06:00 EDT

Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada. Read more ›

0

Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 07/17/2025 06:00 EDT

Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups. Read more ›

0

Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit · 07/16/2025 16:26 EDT

Toronto-based company says it is now “dramatically easier and faster” for American drone companies to sell directly to the military. Read more ›

0

SRTX and Oomira’s Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit 3 place · 07/16/2025 06:00 EDT

Canadian VCs agree there’s an education gap for founders negotiating term sheets for the first time. Read more ›

0

Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 2 place · 07/16/2025 06:00 EDT

BC sibling-founders gear up to hire 40 employees and open a Boston office. Read more ›

0

Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 3 place · 07/15/2025 16:20 EDT

CEO believes the move is “a responsible step” toward profitability. Read more ›

0

Canada’s former open banking lead joins FinTech startup Brim Financial

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit · 07/15/2025 13:54 EDT

Abraham Tachjian to serve as Brim’s chief regulatory affairs officer as federal open banking framework remains in progress. Read more ›

0

Uberflip co-founder secures $1 million to help families pass down valuables with Trusty

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 1 place · 07/15/2025 11:47 EDT

Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.” Read more ›

7

Helping service animals catch a ride

Add to bookmarks Don't show BetaKit

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

With input from service animal owners, Uber is tackling trip refusals through policy, information, and inclusive product design. Read more ›

0

GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 07/15/2025 06:00 EDT

NBIF becomes LP as Toronto firm dips its toes into institutional investor pool. Read more ›

0

Cohere to open South Korean office, expand AI offerings in Asia Pacific

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit · 07/14/2025 20:00 EDT

Enterprise AI developer partnered with tech giant LG and South Korean government for AI diplomacy program. Read more ›

0

Moonvalley raises additional $84 million to meet demand for its Hollywood-friendly AI video generator

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit · 07/14/2025 17:09 EDT

Toronto-based company has raised $154 million since founding in 2023. Read more ›

0