News from BetaKit

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

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

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

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

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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 ›

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

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

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

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Pharmacy AI agent Asepha raises $4-million USD to double staff and open New York office

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Alex Riehl @ BetaKit · 07/14/2025 09:00 EDT

Asepha answers the phone and files prescriptions so your pharmacist doesn’t have to, and even reads doctors' handwriting. Read more ›

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Tailscale CEO Avery Pennarun says pressure to adopt AI has created a “Wild West” for corporate cybersecurity

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Josh Scott @ BetaKit · 07/14/2025 06:00 EDT

Pennarun wants companies to stop putting their private API servers on the public internet. Read more ›

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An AI strategy is no longer optional for Canadian startups

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Douglas Soltys @ BetaKit · 07/14/2025 05:00 EDT

Plus: Hanna Zaidi joins BetaKit’s board of directors. Read more ›

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MTatt takes home top prize at Startupfest 2025 as winnings exceed $1 million for the first time

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Madison McLauchlan @ BetaKit 1 place · 07/11/2025 21:17 EDT

Medtech startup mTatt won both Best of Fest and Audience Choice award. Read more ›

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Market recovery Canadian VCs expected still on the horizon, experts say at Startupfest

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Madison McLauchlan @ BetaKit 2 place · 07/11/2025 14:38 EDT

A persistently cool exit market and middling returns are preventing cash from re-entering the market, data shows. Read more ›

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Elon Musk’s new party, Canada’s AI adoption, and Clutch cracks $1 billion

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Isabelle Kirkwood @ BetaKit 3 place · 07/11/2025 13:15 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for July 11, 2025. Read more ›

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Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at ScaleAI event

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Alex Riehl @ BetaKit 3 place · 07/10/2025 16:14 EDT

Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding. Read more ›

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Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round

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Alex Riehl @ BetaKit · 07/10/2025 14:47 EDT

COO Abraham Burak left the University of Ottawa to launch the billion-dollar business. Read more ›

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No meetings, no mandates: Inside Intuit’s five-day innovation week for technologists

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Jacqueline Loganathan @ BetaKit 3 place · 07/10/2025 07:00 EDT

During Intuit’s Global Engineering Days, teams transform ideas into solutions for millions. Read more ›

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Manzil wants to become “the North American Islamic neobank” as it expands to the US

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Josh Scott @ BetaKit · 07/10/2025 06:00 EDT

Toronto FinTech startup sets its sights south of the border post-Aghaz acquisition. Read more ›

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Founders need a good reason to forgo an AI strategy, VCs warn at Startupfest

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Madison McLauchlan @ BetaKit · 07/10/2025 06:00 EDT

Investors say proving long-term differentiation is more important than ever as AI saturates the market. Read more ›

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Opennote raises $850,000 USD, secures Y Combinator spot for edtech platform

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Genna Buck @ BetaKit · 07/09/2025 17:20 EDT

The three student founders plan to build stateside. Read more ›

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Cobionix secures $4.1 million to commercialize its collaborative medical robot

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Alex Riehl @ BetaKit · 07/09/2025 17:13 EDT

Funding to support pilot projects that move CODI the robot “from bench to bedside.” Read more ›

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OpenText CFO Chadwick Westlake to succeed the late Andrew Moor as CEO of Equitable Bank

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Alex Riehl @ BetaKit · 07/09/2025 13:39 EDT

Westlake was being groomed for the EQB CEO job before joining OpenText five months ago. Read more ›

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Most Canadian companies are walking the AI adoption race: report

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Madison McLauchlan @ BetaKit · 07/09/2025 09:00 EDT

Canadian execs report uneven efficiency gains from AI and a lack of technical talent, according to a survey by Georgian Partners. Read more ›

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R-Labs secures $3.5 million to help create more startups tackling “big problems” in real estate

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Josh Scott @ BetaKit · 07/09/2025 07:00 EDT

Hatch adds engineering capabilities to the Toronto real estate industry venture builder. Read more ›

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Tenstorrent acquires Blue Cheetah to bring more chip design in-house

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Alex Riehl @ BetaKit · 07/08/2025 17:40 EDT

AI chipmaker had been licensing Blue Cheetah’s technology since last year. Read more ›

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