News from BetaKit

Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing

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Alex Riehl @ BetaKit 1 place · 05/01/2026 14:46 EDT

Juno Industries has secured $12 million in commitments to list on TSVX in reverse takeover deal. Read more ›

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US-based welding tech company ESAB to buy Eddyfi for $1.45 billion USD

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Alex Riehl @ BetaKit · 02/03/2026 15:47 EDT

ESAB makes “firm commitments” to keep Eddyfi workers and head office in Québec. Read more ›

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Neo Financial secures $68.5 million in equity as it adopts big-bank funding playbook

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Jesse Cole @ BetaKit · 02/03/2026 13:07 EDT

Support from investors including AIMCo and Northleaf will fuel securitization strategy. Read more ›

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This U of T-led program is helping Canada find its place in the global EV market

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Alex Riehl @ BetaKit · 02/03/2026 09:34 EDT

The EVIO program will park grad students with EV companies to keep the best talent at home. Read more ›

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Carbon Upcycling names new CEO

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Jesse Cole @ BetaKit · 02/03/2026 09:00 EDT

CRO Markus Kritzler succeeds Apoorv Sinha, who has moved into the role of president. Read more ›

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A16z-backed OpenSesame opens new doors with rebrand to General Magic

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Madison McLauchlan @ BetaKit · 02/03/2026 07:00 EDT

Toronto-based startup is building texting AI agents for insurance companies. Read more ›

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The startup bringing a piece of America’s FinTech stack to Canada

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Isabelle Kirkwood @ BetaKit · 02/02/2026 15:30 EDT

Slate’s embedded lending infrastructure was purpose-built for Canada. Read more ›

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OpenText sells analytics database Vertica to pay down debt

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Alex Riehl @ BetaKit 1 place · 02/02/2026 11:29 EDT

Company sells second non-core asset in five months after dropping CEO in August. Read more ›

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Ali Asaria’s Transformer Lab launches worldwide

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Jesse Cole @ BetaKit · 02/02/2026 09:00 EDT

The launch coincides with a successful fundraising round from investors on both sides of the border. Read more ›

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“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder

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Madison McLauchlan @ BetaKit · 02/02/2026 06:00 EDT

Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event. Read more ›

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Y Combinator exerts economic force on Canadian tech

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Douglas Soltys @ BetaKit · 02/02/2026 05:00 EDT

Plus: Waabi claims largest-ever Canadian tech fundraise. Read more ›

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Why Y Combinator cut Canada out

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Douglas Soltys @ BetaKit · 02/01/2026 19:35 EDT

John Ruffolo joins to discuss fuzzy data, “bullshit” narratives, and the real problems hampering Canadian tech. Read more ›

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Arlene Dickinson and Amber Mac sever ties with Gander Social

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Sarah Rieger @ BetaKit 1 place · 01/30/2026 15:12 EDT

Prominent investors leave advisory board as former CBC head Catherine Tait signs on. Read more ›

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Canada and Alberta announce 27 new projects to expand high-speed internet access

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Jesse Cole @ BetaKit 2 place · 01/30/2026 14:13 EDT

New projects target communities still falling below national internet speed benchmarks. Read more ›

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Class-action lawsuit targets MDA Space over scrapped, $1.8-billion EchoStar deal

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Alex Riehl @ BetaKit 3 place · 01/30/2026 13:39 EDT

Investors allege firm didn’t disclose regulatory risk before contract collapsed. Read more ›

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For this flying robot company, student internships trump senior engineers

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Jacqueline Loganathan @ BetaKit · 01/30/2026 09:45 EDT

How Avestec’s engineering talent pipeline reshaped how it prototypes, designs, and scales complex hardware systems. Read more ›

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Canada’s cybersecurity startups have no room for error

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Trevor Nichols @ BetaKit · 01/30/2026 09:26 EDT

Daly Brown and Nick Foubert built a company around their defence expertise, before finding the support to scale it. Read more ›

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Q&A: Why Canada shouldn’t ban kids from social media

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Sarah Rieger @ BetaKit · 01/30/2026 06:00 EDT

Tech policy advocate Josh Tabish on why he thinks regulation shouldn’t necessarily mean restriction. Read more ›

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Canadian water purification startup Xatoms makes a splash at World Economic Forum

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Alex Riehl @ BetaKit 1 place · 01/29/2026 17:09 EDT

Cleantech firm secures grant funding while representing Canada at Davos. Read more ›

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Ionodes’ new body camera tech sees demand from surprising source: retailers

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Madison McLauchlan @ BetaKit · 01/29/2026 14:48 EDT

Québec security tech firm says retailers are increasingly turning to body cameras to reduce theft. Read more ›

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AI pioneer Richard Sutton to receive honourary degree from U of A

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Jesse Cole @ BetaKit · 01/29/2026 13:38 EDT

Sutton honoured for groundbreaking research into machine learning. Read more ›

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