News from BetaKit

Dominion Dynamics’ CEO thinks defence is a “generational opportunity” for Canadian entrepreneurs

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Douglas Soltys @ BetaKit 3 place · 11/16/2025 16:00 EDT

I have returned and recovered from a busy week in Ottawa, covering both Budget 2025 and SAAS NORTH. There’s an interesting overlap between those two events. With Budget 2025, the federal government has kickstarted a national defence tech sector. While we still don’t know the strategy, we know how much the feds are willing to spend, with almost $7 billion going to the defence industrial strategy as part of a... Read more ›

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Cohere and OpenAI lose key motions in high-stakes copyright fights

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Alex Riehl @ BetaKit 1 place · 11/14/2025 15:45 EDT

Judges in New York and Ontario ruled against both companies in separate lawsuits. Read more ›

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MDA Space reports 45-percent year-over-year revenue growth in Q3 after losing EchoStar contract

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Alex Riehl @ BetaKit 2 place · 11/14/2025 12:04 EDT

Canadarm3 manufacturer maintains financial outlook despite termination of $1.8-billion satellite deal. Read more ›

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Shopify’s shuttered Indigenous entrepreneurship program will relaunch, says program cofounder

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Madison McLauchlan @ BetaKit 3 place · 11/14/2025 11:16 EDT

Build Native program was quietly cut in January alongside layoffs of Shopify’s Equitable Commerce team. Read more ›

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CereCura secures $1.4 million to tackle brain disorders with COVID-era vaccine tech

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Josh Scott @ BetaKit · 11/14/2025 06:00 EDT

UBC spinout aims to conquer blood-brain barrier to improve protein delivery to the brain. Read more ›

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Clio’s big raise, U of T’s special scholars, and BetaKit’s new managing editor

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Alex Riehl @ BetaKit · 11/14/2025 05:00 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for November 14, 2025. Read more ›

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Ex-Deep Sky science chief co-launches cement decarbonization startup Cura

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Josh Scott @ BetaKit · 11/13/2025 12:47 EDT

Phil De Luna joins UBC researcher and Aurora Hydrogen co-founder to develop novel CO₂ removal tech. Read more ›

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Lightspeed president JD Saint-Martin to step down in 2026

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Alex Riehl @ BetaKit · 11/13/2025 12:20 EDT

Saint-Martin plans a return to his roots to support early-stage Canadian tech founders. Read more ›

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Meet your new digital team: Intuit introduces AI agents on QuickBooks

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Jacqueline Loganathan @ BetaKit · 11/13/2025 07:00 EDT

The reimagined, all-in-one platform designed to save small business owners time. Read more ›

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Sonder collapses after spending nearly $3.7 million on now-defunct Marriott deal

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Alex Riehl @ BetaKit · 11/13/2025 06:00 EDT

Short-term rental company winding down operations "immediately" amid ongoing liquidity issues. Read more ›

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Sarah Rieger joins BetaKit as managing editor

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Douglas Soltys @ BetaKit · 11/12/2025 16:00 EDT

Award-winning journalist to lead newsroom and grow BetaKit’s nationwide tech coverage. Read more ›

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BenchSci inks multi-year partnership with Mila to develop AI for drug discovery

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Josh Scott @ BetaKit · 11/12/2025 14:43 EDT

Collaboration aims to develop AI systems capable of biological inference and experimental assay prediction. Read more ›

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Ex-BenchSci exec joins Terminal as COO

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Madison McLauchlan @ BetaKit · 11/12/2025 14:04 EDT

Eran Ben-Ari joins Y Combinator-backed telematics data startup as it moves from startup to scaleup. Read more ›

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Whitecap Venture Partners welcomes Damien Steel following his Deep Sky departure

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Alex Riehl @ BetaKit · 11/12/2025 12:43 EDT

OMERS Ventures veteran rejoins VC industry as Whitecap preps its sixth fund. Read more ›

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Stingray to buy media streamer TuneIn for $175 million USD

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Alex Riehl @ BetaKit · 11/12/2025 12:27 EDT

San Francisco-based company will “significantly expand” Stingray’s global footprint. Read more ›

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Vistara Growth closes $321-million USD fund after “friend-raising to the max”

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Josh Scott @ BetaKit · 11/12/2025 09:00 EDT

Fifth fund closes after nearly two-year raise that fell short of "ambitious" initial goal. Read more ›

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“Less a transaction and more a shared project.” CIBC Innovation Banking backs a tool to modernize the funds it finances.

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Isabelle Kirkwood @ BetaKit · 11/12/2025 07:00 EDT

Montréal-based Vessel finds an institutional partner with a shared vision. Read more ›

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Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot

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Josh Scott @ BetaKit · 11/12/2025 06:00 EDT

CVCA says rise in growth investment “a good sign” but early-stage VC activity continues to lag. Read more ›

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Glowtify hopes to equip e-commerce marketers for the holidays with $3.4-million seed round

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Madison McLauchlan @ BetaKit · 11/12/2025 06:00 EDT

Startup claims it hit $1 million CAD in revenue this year and wants to triple that next year. Read more ›

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Wise brings cross-border payments to Wealthsimple customers

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Madison McLauchlan @ BetaKit · 11/12/2025 05:00 EDT

Demand for cheaper, faster international transfers has grown in Canada. Read more ›

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