News from BetaKit

Five trends shaping the future of FinTech: Insights from the Canada Fintech Forum

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Isabelle Kirkwood @ BetaKit 1 place · 10/29/2025 07:00 EDT

Startups, banks and regulators contend with stressed customers, stalled stablecoin, and accelerated threat timelines. Read more ›

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Sherbrooke’s quantum sector gets $8.1-million boost from federal government

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Madison McLauchlan @ BetaKit · 02/21/2025 06:00 EDT

Quantum error-correction startup Nord Quantique to put $1.8 million toward quantum computer assembly lab. Read more ›

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New government-backed tech hub The Foundry launches in PEI

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Alex Riehl @ BetaKit · 02/20/2025 16:24 EDT

New hub backed with more than $1.5 million in federal and provincial funding. Read more ›

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Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants

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Alex Riehl @ BetaKit · 02/20/2025 13:59 EDT

Affirm has powered Shop Pay Installments for US-based merchants since 2021. Read more ›

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Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator

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Josh Scott @ BetaKit · 02/20/2025 12:09 EDT

NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost. Read more ›

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FinTech startup Reach sells majority stake to US-based Primus Capital

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Josh Scott @ BetaKit · 02/20/2025 10:00 EDT

Calgary company looks to expand global reach and help clients navigate tariffs with new PE owner. Read more ›

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Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures

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Alex Riehl @ BetaKit 2 place · 02/19/2025 17:04 EDT

Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform. Read more ›

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Kraken Robotics emerges from the deep to take top spot on 2025 TSX Venture 50 list

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Alex Riehl @ BetaKit · 02/19/2025 14:07 EDT

The mining sector dominated this year's list, with only 11 tech and life science companies making the cut. Read more ›

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Ocean innovator and Kraken Robotics founder Karl Kenny passes away at age 64

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Alex Riehl @ BetaKit · 02/19/2025 12:07 EDT

Kenny founded numerous Atlantic Canada tech companies before retiring in 2022. Read more ›

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The data behind smart US expansion

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Isabelle Kirkwood @ BetaKit · 02/19/2025 07:00 EDT

The C100’s Geoff Baum on the mistake most startups make when heading south. Read more ›

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Megadeals kept Canadian VC funding afloat in 2024: report

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Madison McLauchlan @ BetaKit · 02/19/2025 06:00 EDT

Clio’s historic Series F round prevented Canada’s VC funding totals from dropping six percent year-over-year. Read more ›

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Certn and Quadshift secure capital from BDC Capital’s topped-up funds

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Alex Riehl @ BetaKit · 02/18/2025 15:47 EDT

Funding follows apparent departure of Certn president less than a year into the job. Read more ›

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Local leaders launch Toronto Tech Week to accelerate city’s ambitions

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Douglas Soltys @ BetaKit · 02/18/2025 08:00 EDT

New annual event financially backed by City, Google Cloud, and Shopify, with support of over 40 community partners. Read more ›

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BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments

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Madison McLauchlan @ BetaKit · 02/18/2025 06:00 EDT

Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies. Read more ›

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Glassbox announces $1.65 million in funding to “reimagine the spreadsheet” for corporate finance

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Josh Scott @ BetaKit 3 place · 02/18/2025 06:00 EDT

Ex-investment banker aims to help former peers build financial models faster with AI. Read more ›

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A piece of Canadian tech history just expired

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Douglas Soltys @ BetaKit · 02/18/2025 05:00 EDT

Plus: Cohere sued for alleged copyright infringement. Read more ›

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AI’s new moat with Coveo’s Louis Têtu

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Douglas Soltys @ BetaKit · 02/17/2025 10:30 EDT

Coveo's outgoing CEO says the company's applied AI offering is a "market taker." Read more ›

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Toronto and Waterloo Region orgs get $34 million in FedDev funding

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Alex Riehl @ BetaKit 1 place · 02/14/2025 15:45 EDT

Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations. Read more ›

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Musk eyes OpenAI, Shopify’s Kanye problem, and a Canadian startup at the Super Bowl

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Isabelle Kirkwood @ BetaKit 1 place · 02/14/2025 15:21 EDT

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

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Clio donates $3 million to create new innovation hub at the University of British Columbia

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Alex Riehl @ BetaKit 3 place · 02/14/2025 13:40 EDT

Space will serve as the formal Vancouver home of Creative Destruction Lab. Read more ›

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Canada looks to strike balance between AI innovation and regulation at Paris AI Summit

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Madison McLauchlan @ BetaKit · 02/14/2025 09:50 EDT

Trudeau’s likely last AI policy contributions come as the EU and US grow further apart. Read more ›

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