News from BetaKit

Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round

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Alex Riehl @ BetaKit · 07/10/2025 14:47 EDT

COO Abraham Burak left the University of Ottawa to launch the billion-dollar business. Read more ›

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No meetings, no mandates: Inside Intuit’s five-day innovation week for technologists

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Jacqueline Loganathan @ BetaKit 3 place · 07/10/2025 07:00 EDT

During Intuit’s Global Engineering Days, teams transform ideas into solutions for millions. Read more ›

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Manzil wants to become “the North American Islamic neobank” as it expands to the US

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Josh Scott @ BetaKit · 07/10/2025 06:00 EDT

Toronto FinTech startup sets its sights south of the border post-Aghaz acquisition. Read more ›

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Founders need a good reason to forgo an AI strategy, VCs warn at Startupfest

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Madison McLauchlan @ BetaKit · 07/10/2025 06:00 EDT

Investors say proving long-term differentiation is more important than ever as AI saturates the market. Read more ›

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Opennote raises $850,000 USD, secures Y Combinator spot for edtech platform

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Genna Buck @ BetaKit · 07/09/2025 17:20 EDT

The three student founders plan to build stateside. Read more ›

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Cobionix secures $4.1 million to commercialize its collaborative medical robot

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Alex Riehl @ BetaKit · 07/09/2025 17:13 EDT

Funding to support pilot projects that move CODI the robot “from bench to bedside.” Read more ›

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OpenText CFO Chadwick Westlake to succeed the late Andrew Moor as CEO of Equitable Bank

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Alex Riehl @ BetaKit · 07/09/2025 13:39 EDT

Westlake was being groomed for the EQB CEO job before joining OpenText five months ago. Read more ›

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Most Canadian companies are walking the AI adoption race: report

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Madison McLauchlan @ BetaKit · 07/09/2025 09:00 EDT

Canadian execs report uneven efficiency gains from AI and a lack of technical talent, according to a survey by Georgian Partners. Read more ›

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R-Labs secures $3.5 million to help create more startups tackling “big problems” in real estate

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Josh Scott @ BetaKit · 07/09/2025 07:00 EDT

Hatch adds engineering capabilities to the Toronto real estate industry venture builder. Read more ›

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Tenstorrent acquires Blue Cheetah to bring more chip design in-house

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Alex Riehl @ BetaKit · 07/08/2025 17:40 EDT

AI chipmaker had been licensing Blue Cheetah’s technology since last year. Read more ›

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VitalHub acquires referral platform Novari Health in deal worth up to $48.6 million

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Alex Riehl @ BetaKit · 07/08/2025 11:40 EDT

VitalHub said the referral management market is a “a key area of investment” for governments around the world. Read more ›

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Hanna Zaidi joins BetaKit’s board of directors

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BetaKit @ BetaKit · 07/08/2025 09:00 EDT

FinTech leader brings significant governance experience to award-winning Canadian tech publication. Read more ›

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Canada steals the spotlight at Europe’s biggest tech event

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

OVHcloud among attendees of VivaTech 2025. Read more ›

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LeoMed raises $2.75-million seed round for telehealth patient monitoring platform

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Madison McLauchlan @ BetaKit · 07/08/2025 06:00 EDT

Montréal startup says software platform can ease burden of a strained healthcare system. Read more ›

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Deep Sky science chief Phil De Luna departs company to “build something new”

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Alex Riehl @ BetaKit · 07/07/2025 15:57 EDT

De Luna said he had “outgrown” his current role at the carbon capture startup. Read more ›

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HR platform Workleap adding compensation management features through acquisition of Barley

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Alex Riehl @ BetaKit · 07/07/2025 08:05 EDT

Talent management software is also preparing to launch Workleap AI tool within the next week. Read more ›

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‘Ambition made in Canada’ with Shopify, Cohere, and Wealthsimple

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Douglas Soltys @ BetaKit · 07/07/2025 07:00 EDT

Harley Finkelstein, Aidan Gomez, and Mike Katchen dismiss the 'Valley or bust' myth. Read more ›

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Still watching? Rivr closes $3.6 million CAD from GreenSky to help creators and brands identify engaging video content

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Josh Scott @ BetaKit · 07/07/2025 06:00 EDT

Rivr already counts Amazon Games, Bungie, and Epic Games among its clients. Read more ›

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Is Canadian AI failing?

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Douglas Soltys @ BetaKit · 07/07/2025 05:00 EDT

Plus: Clutch hits $1 billion milestone, Clio opens up the chequebook. Read more ›

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Clutch races past $1 billion in total cars purchased amid record growth

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Josh Scott @ BetaKit 1 place · 07/04/2025 16:06 EDT

After taking nine years to hit $1 billion, COO says Clutch is on pace to double it in one. Read more ›

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