News from BetaKit

“The world has changed”: Canada’s new Defence Industrial Strategy aims to reduce US dependency

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 02/17/2026 17:09 EDT

PM hopes to shore up Canada’s defence industry by buying domestically and partnering with "trusted allies." Read more ›

0

Canada’s investment regulator halts stock trades for XTM as FinTech faces missing money allegations

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 1 place · 02/17/2026 15:34 EDT

The Canadian Investment Regulatory Organization (CIRO) has halted trading of XTM’s stock, $PAID, on the Canadian Securities Exchange as customers of the company’s subsidiary, Everyday Payments, allege their money is missing. The halt was issued at 9:22 a.m. EST on Tuesday morning, with CIRO citing “pending news” as the reason. The halt follows the penny stock falling from its year-to-date high of five cents per share to less than a... Read more ›

2

From Amharic to Zulu: Cohere’s new multilingual AI model supports more than 70 languages

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit · 02/17/2026 13:28 EDT

Toronto scaleup says Tiny Aya can run in regions where large-scale infrastructure isn’t always available. Read more ›

0

From client to cap table: Shakudo converts customers to investors with $7-million USD raise

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 02/17/2026 06:00 EDT

New backers with ties to Loblaw and CentralReach invest in Toronto startup. Read more ›

0

Is Something Big happening in AI?

Add to bookmarks Don't show BetaKit

Sarah Rieger @ BetaKit · 02/17/2026 05:00 EDT

Plus: Canada's Defence Industrial Strategy revealed. Read more ›

0

Is BDC too big to change?

Add to bookmarks Don't show BetaKit

Douglas Soltys @ BetaKit · 02/16/2026 15:41 EDT

Canadian VCs who rely on the Crown corporation have feedback on its “steady hand” approach. Who’s listening? Read more ›

0

Feds’ $6.6-billion Defence Industrial Strategy takes aim at building “a robust” Canadian defence sector

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 2 place · 02/15/2026 15:20 EDT

DIS outlines a “build-partner-buy” framework and plans to name “national champions.” Read more ›

0

Feds’ $6.6-billion Defence Industrial Strategy takes aim at building a “robust” Canadian defence sector

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 1 place · 02/15/2026 15:20 EDT

DIS outlines a “build-partner-buy” framework and plans to name “national champions.” Read more ›

0

Cohere reportedly soars past revenue target, with $240 million USD ARR

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit 1 place · 02/13/2026 17:38 EDT

Canada’s AI champion had projected $200 million USD ARR last year. Read more ›

0

Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 2 place · 02/13/2026 17:25 EDT

Task force features mayors, a retired general, and leaders from One9 and Ranovus. Read more ›

0

Black Business Ventures Association brings Dragons Den energy to Edmonton Unlimited

Add to bookmarks Don't show BetaKit

Jesse Cole @ BetaKit 3 place · 02/13/2026 17:02 EDT

Pitch night spotlights homegrown startups and growing tech talent. Read more ›

0

Mesosil’s infection-fighting dental tech gets FDA clearance

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit · 02/13/2026 16:48 EDT

Green light lets Toronto-based startup's technology be sold in US market. Read more ›

0

Photonic claims “world-first” quantum teleportation across Telus fibre network

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit · 02/13/2026 09:00 EDT

Quantum company deepens partnership with investor and telecom giant. Read more ›

0

Apple strikes deal to acquire Canadian database software startup Kuzu

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 02/12/2026 17:20 EDT

US tech giant confirmed the October 2025 deal in a disclosure to the EU. Read more ›

0

Alberta invests $28 million in six projects to improve environmental outcomes

Add to bookmarks Don't show BetaKit

Jesse Cole @ BetaKit · 02/12/2026 17:01 EDT

Funding comes from province’s industrial carbon pricing revenue on large emitters. Read more ›

0

Kainova closes $32 million to advance cancer and inflammation therapies

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 02/12/2026 15:38 EDT

New backer Investissement Québec led the first close of the biopharma firm’s Series B round. Read more ›

0

Inside the Edmonton facility building quantum’s hidden infrastructure

Add to bookmarks Don't show BetaKit

Jesse Cole @ BetaKit · 02/12/2026 11:19 EDT

Zero Point Cryogenics is manufacturing the extreme-cold systems behind quantum computing. Read more ›

0

Backboard.io claims its AI has a better memory than yours

Add to bookmarks Don't show BetaKit

Madison McLauchlan @ BetaKit 3 place · 02/11/2026 16:34 EDT

Ottawa startup’s AI platform outperformed other models on two memory benchmarks. Read more ›

0

A seat at the table: Founders Dinner comes to Alberta

Add to bookmarks Don't show BetaKit

Jesse Cole @ BetaKit 3 place · 02/11/2026 14:46 EDT

Graeme Barlow’s dinner series offers curated networking with strict no-sales rules. Read more ›

0

ApplyBoard researchers say they have a fix for AI’s “silent failure” problem

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 02/11/2026 12:46 EDT

EdTech company’s team wins recognition for “confidence score” that helps keep LLMs honest. Read more ›

0