News from BetaKit

Citing market conditions, Loopio cuts 12 percent of staff

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Josh Scott @ BetaKit 1 place · 03/13/2026 16:16 EDT

Company says move is focused on sustainable growth. Read more ›

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Canadian tech sees #Budget2025 as “about-face” from last government’s stance on business

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Madison McLauchlan @ BetaKit · 11/06/2025 15:53 EDT

While industry feels heard, tech leaders want more details on AI and sovereignty plans. Read more ›

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Maple expands virtual mental health care through Beyond ADHD acquisition

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Alex Riehl @ BetaKit · 11/06/2025 15:33 EDT

Virtual care provider buys New Brunswick platform to improve ADHD offerings. Read more ›

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“We could be public today”: 1Password crosses $400-million USD ARR milestone

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Josh Scott @ BetaKit · 11/06/2025 09:00 EDT

After executive shakeup, 1Password preps for AI era and potential IPO. Read more ›

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Lightspeed upgrades yearly forecast with revenue beat in Q2 earnings

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Madison McLauchlan @ BetaKit · 11/06/2025 07:48 EDT

E-commerce firm posted $319 million USD in revenue and net loss of $32.7 million. Read more ›

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Profitual’s No-Pitch Competition will award $10,000 to the startup with the strongest financial model

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Isabelle Kirkwood @ BetaKit · 11/06/2025 07:00 EDT

This competition asks founders to drop the pitch and show their numbers. Read more ›

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Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans

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Josh Scott @ BetaKit 3 place · 11/05/2025 08:00 EDT

Montréal software company aims to help organizations spot and mitigate online threats. Read more ›

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“We didn’t even consider building a lab in Toronto.”

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Jacqueline Loganathan @ BetaKit 2 place · 11/05/2025 07:00 EDT

Why early-stage founders are betting on Mississauga. Read more ›

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#Budget2025 hints at full scope of federal government’s defence agenda

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Alex Riehl @ BetaKit 3 place · 11/04/2025 18:30 EDT

Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments. Read more ›

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After years of disappointment and delay, feds finally commit to a “competitive and innovative” financial system

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Madison McLauchlan @ BetaKit · 11/04/2025 17:53 EDT

Movement on open banking, Real-Time Rail, and stablecoin legislation all promised in Budget 2025. Read more ›

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Beacon raises $250-million Series B to buy and equip “Main Street businesses” with AI

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Josh Scott @ BetaKit · 11/04/2025 14:59 EDT

Former Instacart, Sequoia leaders target profitable firms in overlooked sectors for AI upgrades. Read more ›

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What’s in #Budget2025 for Canadian tech?

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Madison McLauchlan @ BetaKit · 11/04/2025 09:04 EDT

With the nation’s economic future in question, Canadian innovators have a role to play. Read more ›

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Shopify beats Q3 revenue outlook with 32 percent growth

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Josh Scott @ BetaKit · 11/04/2025 07:59 EDT

E-commerce giant earned $2.84 billion USD in third-quarter revenue. Read more ›

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ventureLAB and the Critical Industrial Technologies initiative are modernizing Canada’s industrial backbone

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Isabelle Kirkwood @ BetaKit · 11/04/2025 07:00 EDT

The incubator’s newest program helps Ontario businesses clear the last mile of AI adoption. Read more ›

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Canadarm maker invests $10 million in Maritime Launch’s Atlantic Canada spaceport

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Alex Riehl @ BetaKit · 11/03/2025 17:26 EDT

MDA Space will support development and future operations of Spaceport Nova Scotia. Read more ›

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Six years later, Questrade can finally launch Canada’s newest bank

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Alex Riehl @ BetaKit · 11/03/2025 15:23 EDT

Online brokerage to launch Questbank in 2026 after waiting six years for Schedule 1 license. Read more ›

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Gander Social raises $1 million to build a Canadian alternative to X and Meta

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Alex Riehl @ BetaKit · 11/03/2025 13:35 EDT

More than 1,300 investors backed sovereign social media platform in just over a week. Read more ›

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Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal

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Josh Scott @ BetaKit 1 place · 11/03/2025 09:22 EDT

Transaction expected to raise $500 million USD. Read more ›

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Future Summit 2025 to host leaders from NVIDIA, AWS Canada, Alberta government, and more

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Isabelle Kirkwood @ BetaKit 1 place · 11/03/2025 07:00 EDT

A closer look at the sessions and power players shaping Future Summit’s inaugural gathering on Nov 18 to 20. Read more ›

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Canada sees rebound in angel investments as industry calls for more federal support

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Madison McLauchlan @ BetaKit · 11/03/2025 06:00 EDT

NACO says investments across 38 angel organizations increased 27 percent in 2024. Read more ›

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What will Budget 2025 offer Canada’s innovation economy?

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Douglas Soltys @ BetaKit · 11/03/2025 03:05 EDT

Plus: Wealthsimple hits $10-billion valuation with new funding. Read more ›

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