News from BetaKit

Y Combinator website no longer lists Canada as a country it invests in

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Alex Riehl @ BetaKit 1 place · 01/26/2026 17:01 EDT

Change implies Canadian startups have to incorporate in the US, Cayman Islands, or Singapore to join accelerator. Read more ›

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Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure

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Madison McLauchlan @ BetaKit · 04/10/2025 16:30 EDT

Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis. Read more ›

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Beloved mentor and L-Spark co-founder Patrick White to depart leadership role after 12 years

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Alex Riehl @ BetaKit · 04/10/2025 15:00 EDT

White told BetaKit working at the Ottawa-based accelerator made him want to “get into the game.” Read more ›

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BetaKit to launch “Most Ambitious” issue on June 23, 2025

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Siri Agrell @ BetaKit · 04/10/2025 13:35 EDT

Annual edition will tell stories of bold ambition in Canadian tech. Read more ›

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Communitech appoints Sheldon McCormick as new CEO

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Madison McLauchlan @ BetaKit · 04/10/2025 12:00 EDT

Properly co-founder takes over from interim CEO Jennifer Gruber after Chris Albinson departed in October. Read more ›

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Blumind secures $20 million Series A to build the AI chip we’d have if computers didn’t exist

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Alex Riehl @ BetaKit · 04/10/2025 07:00 EDT

Ottawa fabless chip startup says it plans to get its first product into production next year. Read more ›

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The founders looking to redefine learning in Canada

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Isabelle Kirkwood @ BetaKit · 04/10/2025 07:00 EDT

Scaling an EdTech company is a lesson in patience, but TBDC helps founders re-write their playbooks. Read more ›

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Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs

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Madison McLauchlan @ BetaKit 1 place · 04/09/2025 18:03 EDT

President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout. Read more ›

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WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year

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Josh Scott @ BetaKit · 04/09/2025 14:43 EDT

In the crypto world, high-profile figures face significant security risks. Read more ›

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Wealthsimple acquihires Plenty, a San Francisco-based wealth management platform for couples

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Alex Riehl @ BetaKit · 04/09/2025 13:58 EDT

Co-founders of Inovia-backed startup will help Wealthsimple expand family-focused products. Read more ›

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Inaugural QueerTech accelerator cohort stacked with software, AI startups

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Madison McLauchlan @ BetaKit · 04/09/2025 13:39 EDT

Federally backed program aims to help 2SLGBTQIA+ entrepreneurs scale their ventures. Read more ›

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Google Cloud Startups leader sees opportunity for startups building AI agents amid pressure to move quickly

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Josh Scott @ BetaKit 1 place · 04/09/2025 09:34 EDT

Darren Mowry says “doing the right thing in the right order” has become a key challenge for AI companies. Read more ›

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Ontario takes bite out of Premier Doug Ford’s promised US procurement ban

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Alex Riehl @ BetaKit · 04/08/2025 16:23 EDT

Ban of "all" US contractors won't apply to those with more than 250 Canadian workers. Read more ›

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Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption

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Madison McLauchlan @ BetaKit · 04/08/2025 14:21 EDT

Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year. Read more ›

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Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth

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Alex Riehl @ BetaKit · 04/08/2025 11:09 EDT

Company reportedly achieves $1.5 billion USD valuation after doubling customer base in 10 months. Read more ›

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Glowtify wants to be the AI-driven marketing solution for lean e-commerce teams

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Madison McLauchlan @ BetaKit · 04/08/2025 06:00 EDT

Montréal-based startup secures $825,000 in pre-seed financing from angel investors. Read more ›

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Kepler Communications sells its first on-orbit compute power to Axiom Space

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Jon Fingas @ BetaKit · 04/07/2025 16:45 EDT

The Toronto firm’s satellite constellation will help power an orbital data centre Read more ›

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Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources

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Alex Riehl @ BetaKit 1 place · 04/07/2025 15:43 EDT

The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review. Read more ›

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CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties

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Josh Scott @ BetaKit · 04/07/2025 11:01 EDT

Proposal also asks next government to follow through on VCCI, SR&ED reform, and domestic pension investment. Read more ›

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Microsoft thinks AI agents will eat the world

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Madison McLauchlan @ BetaKit · 04/07/2025 05:14 EDT

Plus: Shopify, Lightspeed among Canadian tech stocks dragged down by tariffs. Read more ›

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UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund

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Josh Scott @ BetaKit · 04/07/2025 03:00 EDT

Osney wants to help Canadian startups expand to Europe and bring UK startups here. Read more ›

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