News from BetaKit

Mélanie Joly, Evan Solomon to run newly split Industry and Innovation portfolios in Prime Minister Carney’s cabinet

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Alex Riehl @ BetaKit · 05/13/2025 13:02 EDT

Former Innovation Minister François-Philippe Champagne stays put as Minister of Finance. Read more ›

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Tentree spinout Veritree announces $9.1-million CAD Series A to help companies manage nature restoration projects

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Josh Scott @ BetaKit · 05/13/2025 10:00 EDT

Vancouver cleantech startup recently hit 100 million trees pledged through its platform. Read more ›

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Robinhood to buy WonderFi for $250 million as US trading platform targets Canadian expansion

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Josh Scott @ BetaKit 1 place · 05/13/2025 07:00 EDT

WonderFi to “accelerate Robinhood’s mission” north of the border. Read more ›

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Making AI work beyond the lab

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Jacqueline Loganathan @ BetaKit · 05/13/2025 07:00 EDT

Researchers at Vector Institute are turning AI breakthroughs into real-world solutions. Read more ›

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University of Waterloo-backed Velocity Fund II holds $14-million initial close

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Madison McLauchlan @ BetaKit · 05/13/2025 06:00 EDT

First VC fund backed by Canadian university endowment has deployed into five startups so far. Read more ›

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Shopify stocks surge after company says it will join Nasdaq 100 index

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Jon Fingas @ BetaKit 1 place · 05/12/2025 17:47 EDT

The e-commerce giant will become a reference point for investors. Read more ›

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Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies

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Alex Riehl @ BetaKit · 05/12/2025 17:05 EDT

ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection. Read more ›

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Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio

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Alex Riehl @ BetaKit · 05/12/2025 14:23 EDT

University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics. Read more ›

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Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney

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Josh Scott @ BetaKit · 05/12/2025 13:53 EDT

Jaded from years waiting, FinTech players hope Carney’s UK track record will translate into domestic policy action. Read more ›

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Imperial Oil donates $37-million lab to SAIT for energy research

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Jon Fingas @ BetaKit · 05/12/2025 07:00 EDT

Gift to Alberta college plans to help advance applied research while connecting students with experts. Read more ›

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Rethinking the relationship between government and entrepreneur support organizations

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Douglas Soltys @ BetaKit · 05/12/2025 06:05 EDT

MAIN executive director warns of "the danger of building an entire ecosystem singularly dependent on government funding." Read more ›

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A guide to how Canadian tech is rising to meet the wildfire threat

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Isabelle Kirkwood @ BetaKit · 05/12/2025 06:00 EDT

Wildfire explores Canadian wildfire response powered by tech, traditional knowledge, and the pressure to act. Read more ›

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Will AI agents replace SaaS before SaaS replaces employees with AI?

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

Plus: How Canadian tech is rising to meet the wildfire threat. Read more ›

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Half of the internet is bots and they’re feeding you lies

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Douglas Soltys @ BetaKit · 05/11/2025 19:00 EDT

AI-powered misinformation is taking over the internet. Calgary-based Koat.ai is tracking it in real time. Read more ›

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Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite

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Alex Riehl @ BetaKit 1 place · 05/09/2025 16:30 EDT

Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues. Read more ›

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Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war

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Jon Fingas @ BetaKit 2 place · 05/09/2025 14:47 EDT

Provincial government wants domestic companies to play global roles in electric and autonomous vehicles. Read more ›

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OpenAI’s U-turn, XPrize’s Canadian hub, and Vancouver isn’t so Bitcoin-friendly

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Isabelle Kirkwood @ BetaKit 1 place · 05/09/2025 14:32 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for May 9, 2025. Read more ›

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Anges Québec looks to expedite early-stage rounds with co-investment angel fund

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Madison McLauchlan @ BetaKit · 05/09/2025 14:04 EDT

Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups. Read more ›

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Age-Well partners with Ikea, U of T to launch studio for testing tech for seniors

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Jon Fingas @ BetaKit · 05/09/2025 07:00 EDT

Startups, researchers, and investors plan to work together on tech for at-home aging. Read more ›

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D-Wave remains in the red even as revenue jumps 500 percent in Q1

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Jon Fingas @ BetaKit · 05/08/2025 15:13 EDT

The Canadian-founded quantum firm’s record sum came from delivering a system to a key customer. Read more ›

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