News from BetaKit

UniUni raises $85 million USD as it scales gig-powered delivery across North America

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Alex Riehl @ BetaKit 3 place · 03/06/2026 12:52 EDT

Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility. Read more ›

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Alberta’s technology minister continues data centre courtship at Digital Innovation Forum

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Trevor Nichols @ BetaKit · 03/06/2026 12:06 EDT

Nate Glubish pitches province's energy, low taxes, and cool climate. Read more ›

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Svante buys Alberta’s Carbon Alpha Corp.

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Jesse Cole @ BetaKit · 03/06/2026 06:00 EDT

Deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake. Read more ›

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OpenAI sets new safety standards following Solomon meeting and pressure over Tumbler Ridge response

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Alex Riehl @ BetaKit · 03/05/2026 15:28 EDT

After meeting with Sam Altman, Canada’s AI minister says OpenAI is taking “immediate actions.” Read more ›

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Ssense cut more than 200 jobs days after founders won bid to buy back company

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Trevor Nichols @ BetaKit · 03/05/2026 15:00 EDT

Layoffs follow a Québec court decision that blocked lenders push for an asset sale. Read more ›

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CVCA and NACO offer competing visions for feds’ $750-million venture envelope

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Josh Scott @ BetaKit 3 place · 03/05/2026 06:00 EDT

NACO points to early-stage gaps, while CVCA wants capital committed to growth. Read more ›

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Blackline Safety pairs connected gas detection with K9 leak hunting

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Jesse Cole @ BetaKit · 03/04/2026 17:57 EDT

Harness-mounted G6 devices log GPS-tagged readings to validate detections along pipelines. Read more ›

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Syantra’s breast cancer blood test isn’t looking for cancer at all

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Jesse Cole @ BetaKit 3 place · 03/04/2026 13:40 EDT

Calgary startup plans a summer launch for Onco-ID, a breast cancer test built around immune signals. Read more ›

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Kraken dives deeper into defence with $615-million Covelya Group acquisition

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Alex Riehl @ BetaKit · 03/04/2026 13:30 EDT

Acquisition would create a larger subsea player spanning defence and commercial markets. Read more ›

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What’s powering the algorithm that gets you a good night’s sleep?

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Jacqueline Loganathan @ BetaKit · 03/04/2026 10:07 EDT

How NovaResp is using student talent and AI to improve sleep apnea therapy. Read more ›

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On track to hit $100-million USD ARR, Spellbook partners with Canadian Bar Association

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Madison McLauchlan @ BetaKit · 03/04/2026 06:00 EDT

Legaltech startup signs exclusive deal to provide CBA with AI-powered contract drafting and review. Read more ›

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Landing Zones Canada’s AI-enhanced drones get upgrade with $1.1-million investment

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Jesse Cole @ BetaKit · 03/03/2026 15:29 EDT

PrairiesCan funding will help Medicine Hat company enhance its autonomous high-altitude drones. Read more ›

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Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects

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Alex Riehl @ BetaKit · 03/03/2026 13:58 EDT

Evan Solomon announces support for Université de Moncton, Volta Labs, Digital Nova Scotia, and others. Read more ›

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NationGraph raises $18 million USD to bring AI to the black box of government contracting

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Madison McLauchlan @ BetaKit · 03/03/2026 13:36 EDT

Canadian co-founded startup is building AI intel platform for teams selling to governments. Read more ›

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Wealthsimple becomes first Canadian FinTech to join SWIFT network

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Alex Riehl @ BetaKit · 03/03/2026 11:55 EDT

Membership continues Toronto firm’s push into international payments. Read more ›

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The quiet militarization of Canadian AI

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Trevor Nichols @ BetaKit · 03/03/2026 10:34 EDT

Canadian AI styles itself as ethical but is reorienting towards military and dual-use technology. Read more ›

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Canada’s small businesses felt the “true cost of a fractured global economy” in late 2025

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Alex Riehl @ BetaKit · 03/03/2026 09:00 EDT

Xero report shows largest quarterly decline in sales growth since fall 2020. Read more ›

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Montréal AI conference ALL IN to expand with events in Vancouver, Toronto

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

Scale AI-run event series hits Vancouver on April 15 and Toronto on May 28. Read more ›

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 Manitoba looks to spur more investment with tax credit ceiling raise

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Jesse Cole @ BetaKit · 03/02/2026 14:03 EDT

Starting in April, small business venture capital tax credit will be capped at $30 million. Read more ›

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Damon Motors’ CEO, CFO, and board resign following prolonged struggle on public markets

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Alex Riehl @ BetaKit · 03/02/2026 13:37 EDT

Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle. Read more ›

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