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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Prosus to acquire SkipTheDishes parent company JustEat Takeaway in $6.2-billion deal

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Alex Riehl @ BetaKit · 02/25/2025 17:04 EDT

Prosus to take JustEat Takeaway private and plans to maintain its key brands. Read more ›

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Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program

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Alex Riehl @ BetaKit · 02/25/2025 14:29 EDT

Federal funding aims to teach skills like coding, data analytics, and digital content development to 1.5 million students. Read more ›

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Temu opens marketplace to Canadian vendors as ‘buy Canadian’ push picks up

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Madison McLauchlan @ BetaKit · 02/25/2025 13:49 EDT

Eligible Canadian businesses can now sell products to Canadian consumers directly on Temu. Read more ›

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Using AI, University of Toronto team claims development of strongest nanomaterial yet

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Jon Fingas @ BetaKit · 02/25/2025 13:37 EDT

Team claims the nanomaterial can support over a million times its mass. Read more ›

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Dispersa closes $5.8 million to turn food waste into chemicals for everyday products

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Josh Scott @ BetaKit · 02/25/2025 12:21 EDT

Cleantech startup’s seed round was financed entirely by Canadian investors. Read more ›

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DEI rollback is the “wrong direction for Canada,” open letter says

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Madison McLauchlan @ BetaKit 1 place · 02/24/2025 16:51 EDT

Over 350 tech signatories express support for "Canadian values" of equity and inclusion. Read more ›

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CMD Capital halts fundraising amid “tough” VC market

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Josh Scott @ BetaKit · 02/24/2025 16:40 EDT

Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.” Read more ›

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Who are Canadian tech’s most ambitious?

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Douglas Soltys @ BetaKit 3 place · 02/24/2025 05:00 EDT

Plus: BDC commits $1B as megadeals keep Canadian VC funding afloat. Read more ›

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How is Canadian tech responding to the trade war?

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Douglas Soltys @ BetaKit 2 place · 02/23/2025 19:24 EDT

Did someone poke the beaver and unleash Canada’s quiet patriotism? A 3-2 overtime hockey win says yes. Read more ›

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Black merchants disheartened after Shopify guts another Equitable Commerce program

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Madison McLauchlan @ BetaKit 2 place · 02/23/2025 16:27 EDT

Following end of Build Native, access to Build Black Slack channel locked at start of Black History Month. Read more ›

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Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech

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Alex Riehl @ BetaKit 1 place · 02/21/2025 15:08 EDT

Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency. Read more ›

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Tribe Network among second round of federal 2SLGBTQI+ Ecosystem Fund recipients

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Alex Riehl @ BetaKit 2 place · 02/21/2025 13:47 EDT

Latest round deals $2.8 million across 12 groups and strengthens program support in Northern and Atlantic regions. Read more ›

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GameStop shorts Canada, Microsoft’s eureka moment, a Raptor returns to Toronto

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Isabelle Kirkwood @ BetaKit 3 place · 02/21/2025 13:46 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Feb. 21, 2025. Read more ›

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Koru helps unlock innovation in the classroom

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Jacqueline Loganathan @ BetaKit · 02/21/2025 07:00 EDT

Toronto’s tech community comes together to celebrate five years and solve real problems for Ontario schools. 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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