News from BetaKit

Mogo sells $13.8 million of WonderFi stake to buy Bitcoin ahead of Robinhood deal 

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Jon Fingas @ BetaKit · 08/07/2025 17:56 EDT

The company increased Bitcoin holdings part of a $50-million crypto treasury strategy Read more ›

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PEI BioAlliance appoints Sandpiper Ventures principal Lauren Ledwell as CEO

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Alex Riehl @ BetaKit · 08/07/2025 16:11 EDT

Ledwell succeeds retiring founder Rory Francis after 20 years leading life sciences industry group. Read more ›

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Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD

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Alex Riehl @ BetaKit · 08/07/2025 15:13 EDT

Ripple says acquisition will help drive stablecoin innovation and adoption in global payments. Read more ›

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Harvey to bring AI legal platform to Canada with new Toronto office

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Josh Scott @ BetaKit · 08/07/2025 07:00 EDT

The US company also plans to build Toronto into “a core development engine.” Read more ›

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Co.Labs’ XiR program is turning mentorship into $100 million of momentum

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Isabelle Kirkwood @ BetaKit 1 place · 08/07/2025 07:00 EDT

With expert support from tech veterans, startups like LiORA are proving the Prairies can punch above their weight. Read more ›

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Descartes continues US acquisitions as it navigates global trade upheaval

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Madison McLauchlan @ BetaKit · 08/06/2025 17:01 EDT

Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD. Read more ›

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Canadian-founded Clay raises $100-million USD Series C led by Alphabet’s growth fund

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Alex Riehl @ BetaKit · 08/06/2025 15:13 EDT

Clay has grown its valuation sixfold in just over a year, from $500 million USD to $3.1 billion USD. Read more ›

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Cohere pitches security and productivity with general release of North enterprise AI platform

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Madison McLauchlan @ BetaKit · 08/06/2025 09:00 EDT

Co-founder Nick Frosst reiterates that return on investment is Cohere's priority. Read more ›

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Shopify beats Q2 earnings forecast on strong merchant sales

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Madison McLauchlan @ BetaKit · 08/06/2025 08:09 EDT

E-commerce giant rolled out suite of tools to integrate shopping and checkout into AI chats. Read more ›

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Why tech managers are earning their Green Belt

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Isabelle Kirkwood @ BetaKit · 08/06/2025 07:00 EDT

Lean Six Sigma is bringing structure, speed, and strategy to tech teams. Read more ›

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LiORA secures $5.1 million in seed funding to scale its soil remediation platform in the United States

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

Remediation platform tracks and helps clean pollution in abandoned industrial sites. Read more ›

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Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles its revenue

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Alex Riehl @ BetaKit · 08/05/2025 14:22 EDT

Funding to bolster Toronto startup’s team expansion, product development, and market reach. Read more ›

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AI is changing startup math

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Douglas Soltys @ BetaKit 2 place · 08/05/2025 05:00 EDT

Plus: Trade war uncertainty has some Canadian startups "hanging by a thread." Read more ›

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Trade war uncertainty drags on for Canadian tech as US hikes tariffs, changes duty rules

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Madison McLauchlan @ BetaKit 1 place · 08/01/2025 17:31 EDT

Logistical hurdles mount for startups as US deadline yields no trade deal. Read more ›

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Cohere rings Bell, Shopify’s design departure, 4AG Robotics harvests capital

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Isabelle Kirkwood @ BetaKit 1 place · 08/01/2025 13:14 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for August 1, 2025. Read more ›

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Enabled Talent is using AI to make every job disability-inclusive

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Alex Riehl @ BetaKit 3 place · 08/01/2025 13:08 EDT

Hiring platform gears up for “full-scale launch” after partnering with Algoma University to develop accessibility tool. Read more ›

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Canada’s tech heavyweights are planting flags in the UK

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Isabelle Kirkwood @ BetaKit · 08/01/2025 07:00 EDT

Shared values, deep talent, and strong government support are drawing Canadian firms like Cohere and OpenText across the pond. Read more ›

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Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD

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Alex Riehl @ BetaKit · 07/31/2025 15:08 EDT

Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.” Read more ›

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Marc-Antoine Cantin to lead Anges Québec as CEO Stéphane Drouin steps down

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Madison McLauchlan @ BetaKit · 07/31/2025 14:49 EDT

Drouin is departing the provincial angel investor network for personal reasons less than a year after taking the helm. Read more ›

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Lightspeed beats outlook in fiscal Q1 to tepid market response

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Josh Scott @ BetaKit · 07/31/2025 08:33 EDT

CEO claims Lightspeed has been “winning where it matters” after revising GTM strategy. Read more ›

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