News from BetaKit

Assetflo closes $2 million USD to make clients’ every physical asset “searchable”

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

Kitchener-Waterloo startup’s mesh network tech already helps Fortune 500 firms track assets. Read more ›

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Goodfood loses another leader as co-founder says he’s stepping down as president and COO

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Alex Riehl @ BetaKit · 12/11/2025 17:23 EDT

Neil Cuggy took over day-to-day operations after co-founder Jonathan Ferrari abruptly left in August. Read more ›

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Canada needs a national semiconductor strategy, industry groups argue

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Alex Riehl @ BetaKit · 12/11/2025 16:34 EDT

Five countries account for almost 91 percent of the global semiconductor market. Canada isn’t one. Read more ›

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Inovia promotes two principals to partner as it readies 2026 fundraising push

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Madison McLauchlan @ BetaKit · 12/11/2025 07:00 EDT

Montréal VC firm planning a sixth venture fund and “larger” Discovery Fund II to back emerging managers. Read more ›

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Twenty Canadian companies join NATO’s largest-ever defence accelerator cohort

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Alex Riehl @ BetaKit 2 place · 12/10/2025 15:24 EDT

NATO DIANA connects companies with military end-users, mentors, and investors in the North Atlantic. Read more ›

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Gander hits $1.5-million crowdfunding target as Canadians back homegrown social network

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Sarah Rieger @ BetaKit 3 place · 12/10/2025 14:51 EDT

App now has 1,800 Canadian co-owners, extends funding deadline to January. Read more ›

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Shopify merchants can now sell products through AI chatbots

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Alex Riehl @ BetaKit 1 place · 12/10/2025 13:48 EDT

Update announced in Shopify Editions newsletter that contained over 150 product updates. Read more ›

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She tried to build Vancouver’s Y Combinator. Why did she leave to build a US startup instead?

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Madison McLauchlan @ BetaKit · 12/10/2025 11:22 EDT

Mai Trinh’s Internet Backyard nabs $4.5 million USD pre-seed for data centre financing platform. Read more ›

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Microsoft to spend $7.5 billion on AI data centre expansion with pledge to protect Canada’s “digital sovereignty”

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Josh Scott @ BetaKit · 12/10/2025 10:52 EDT

President calls project “the most important commitment in Microsoft Canada’s history.” Read more ›

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Enabled Talent gains traction in Africa and Europe following global launch

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Alex Riehl @ BetaKit · 12/10/2025 06:00 EDT

Inclusivity-focused employment platform to be recognized at Brampton’s 2025 Accessibility Awards. Read more ›

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General Fusion reportedly faces pressure to go public after $51.5-million raise

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Josh Scott @ BetaKit · 12/09/2025 13:29 EDT

Investors reportedly pushing company toward public markets as race for fusion power intensifies. Read more ›

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Feds’ new Defence Investment Agency awards first contract to MDA Space and Telesat

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Alex Riehl @ BetaKit · 12/09/2025 12:00 EDT

Partnership will develop satellite communications capabilities in the Arctic. Read more ›

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CCI names Patrick Searle CEO ahead of “turbulent” year for Canadian tech

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Madison McLauchlan @ BetaKit · 12/09/2025 09:54 EDT

Searle says front-line companies must shape Canada’s sovereign strategy. Read more ›

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Nfinite nabs $4.6 million to prove it can make paper that performs like plastic

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Josh Scott @ BetaKit · 12/09/2025 06:00 EDT

University of Waterloo spinout aims to scale tech that extends shelf life of paper packaging. Read more ›

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Cohere announces partnership with Thales Canada amid defence tech push

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Madison McLauchlan @ BetaKit 2 place · 12/08/2025 07:00 EDT

Toronto company’s AI will help French defence contractor service Royal Canadian Navy fleets. Read more ›

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From sawdust to seed round: ConstructionClock grows from Winnipeg

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Alex Riehl @ BetaKit 2 place · 12/08/2025 06:00 EDT

Contractor-turned-founder David Peters raises $2 million for automated attendance-tracking app. Read more ›

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Jim Balsillie wants an urgent response to Trump’s new doctrine

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Douglas Soltys @ BetaKit 3 place · 12/08/2025 05:00 EDT

Plus: Clio takes Alexi to court over database at the centre of billion-dollar vLex deal. Read more ›

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Canada’s AI ambitions with Minister Evan Solomon

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Douglas Soltys @ BetaKit 1 place · 12/05/2025 20:26 EDT

Minister Evan Solomon sits down with C100 Executive Director Michael Buhr to discuss the country’s future in AI. Read more ›

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Lightspeed will pay $11 million CAD to settle class-action suit, Québec judge rules

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Madison McLauchlan @ BetaKit 2 place · 12/05/2025 13:01 EDT

Retail tech firm admits no liability for allegations of overstating performance metrics. Read more ›

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Montréal’s seventh Startup Community Awards get a new home, and a new tone

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Madison McLauchlan @ BetaKit 3 place · 12/05/2025 12:35 EDT

After community feedback, revamped awards use new innovation hub to refocus on founders. Read more ›

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