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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GeologicAI acquires Finland’s Lumo Analytics to round out suite of critical minerals sensors

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Josh Scott @ BetaKit 3 place · 12/18/2025 14:52 EDT

Lumo's LIBS technique uses lasers to rapidly analyze core rock samples for critical minerals. Read more ›

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CoLab joins Nvidia Inception Program to beef up AI capabilities for its engineering tools

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Alex Riehl @ BetaKit · 12/18/2025 14:29 EDT

St. John’s startup says Nvidia’s platforms will improve how engineers interpret simulation data. Read more ›

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Queen’s University recruits Ian Karlin from Nvidia in bid to build Canadian supercomputer

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Josh Scott @ BetaKit 1 place · 12/18/2025 06:00 EDT

After working on leading supercomputers abroad, Karlin wants to help boost Canada’s computing capacity. Read more ›

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BDC unveils $4-billion defence technology platform

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Madison McLauchlan @ BetaKit · 12/17/2025 16:13 EDT

Crown corporation explicitly encourages businesses to “apply their skills to defence needs.” Read more ›

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Shopify’s head of core product leaves for OpenAI

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Madison McLauchlan @ BetaKit 1 place · 12/17/2025 13:53 EDT

Glen Coates to head OpenAI’s app platform and help turn ChatGPT into an operating system. Read more ›

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Feds sign five-year MOU with Coveo in latest AI partnership

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Alex Riehl @ BetaKit · 12/17/2025 12:20 EDT

Government will explore how it can use the company's platform in its operations. Read more ›

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Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC

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Madison McLauchlan @ BetaKit · 12/17/2025 11:57 EDT

Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs. Read more ›

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BDC tells VCs it’s willing to lift restrictions on defence investing

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Josh Scott @ BetaKit · 12/17/2025 10:48 EDT

Crown corporation aims to support the build up of Canada’s defence industry. Read more ›

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Canadian Space Mining Corporation plans for “rapid expansion” in 2026 under new name

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Alex Riehl @ BetaKit · 12/17/2025 08:00 EDT

The Canadian Strategic Missions Corporation rebrand reflects a broader focus on critical technologies. Read more ›

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Canadian FinTech’s “sugar high” ended in 2022. VCs say a new spike is coming

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Madison McLauchlan @ BetaKit · 12/17/2025 06:00 EDT

FinTech startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report. Read more ›

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Scale AI unveils $129 million for 44 new applied AI projects across Canada

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Josh Scott @ BetaKit · 12/16/2025 14:40 EDT

AlayaCare, League, FluidAI Medical, MDA Space, and Vooban among recipients. Read more ›

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Tetra Trust clears another hurdle on its path to launching CADD stablecoin

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Alex Riehl @ BetaKit · 12/16/2025 12:28 EDT

Successful test saw CADD transferred between National Bank and Wealthsimple. Read more ›

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Startup investigation reveals 50 peer-reviewed papers contained hallucinated citations

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Trevor Nichols @ BetaKit 3 place · 12/16/2025 06:05 EDT

GPTZero found “obvious” instances of false, LLM-generated references in academic papers. Read more ›

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Canada’s Defence Industrial Strategy must include procurement pathways for tech

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Trevor Nichols @ BetaKit · 12/16/2025 06:00 EDT

The Icebreaker co-founder argues Canada must resist a reflexive historical response to our southern neighbour. Read more ›

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National Bank sues Flinks co-founders for alleged non-compete violation

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Madison McLauchlan @ BetaKit · 12/15/2025 17:11 EDT

Founders of new startup Deck deny allegations, say they were authorized to build venture. Read more ›

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Canada launches it own quantum research program to rival DARPA initiative

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Madison McLauchlan @ BetaKit · 12/15/2025 10:00 EDT

Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding. Read more ›

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Coinbase Canada CEO Lucas Matheson to join former Shopify colleagues at Opendoor

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Alex Riehl @ BetaKit · 12/15/2025 09:15 EDT

Former Shopify COO Kaz Nejatian continues to poach Canadian tech talent. Read more ›

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Tuhk raises $6 million USD to crack down on financial cybercrime

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Madison McLauchlan @ BetaKit · 12/15/2025 06:00 EDT

Enterprise FinTech startup planning launch in Canada, the US, and UK next year. Read more ›

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Humi’s co-founder loved being acquired and never wants to do it again

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Douglas Soltys @ BetaKit · 12/15/2025 05:09 EDT

Plus: She tried to bring Silicon Valley’s tech energy to Vancouver. Why did she leave for the US instead? Read more ›

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Rogers v. Rogers is Canada’s Succession story

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Douglas Soltys @ BetaKit 1 place · 12/12/2025 18:49 EDT

Canada's real-life Succession battle is filled with unlikely leaders and tragic heroes. Playwright Michael Healey explains why everybody lost. Read more ›

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