News from BetaKit

Canada won’t pursue national semiconductor strategy, AI minister says

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Alex Riehl @ BetaKit 1 place · 05/08/2026 13:41 EDT

Canada is the only G7 country without a standalone strategy. Industry groups are urging action. Read more ›

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A dispatch from the deal room

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Isabelle Kirkwood @ BetaKit · 05/29/2025 07:00 EDT

Four Osler partners break down the terms, timelines, and tensions that shaped Canadian venture in 2024. Read more ›

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Nord Quantique says error-correction discovery could make quantum computing data centres practical

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Jon Fingas @ BetaKit · 05/29/2025 05:00 EDT

Québec company claims approach could use a fraction of the space and power of existing methods. Read more ›

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Medtech AI startups ProteinQure and AssistIQ each close Series A rounds

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Madison McLauchlan @ BetaKit · 05/28/2025 14:10 EDT

ProteinQure to debut AI-engineered cancer drug in the clinic, while AssistIQ expands medical supply platform. Read more ›

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Michael Southworth “specifically chosen” as Assent’s new CEO to spearhead $250 million revenue effort

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Alex Riehl @ BetaKit · 05/28/2025 12:33 EDT

Longtime CEO Andrew Waitman, who led the company to centaur status, is becoming executive chairman. Read more ›

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Pender and Novacap recognized for cashing in on last year’s go-private wave at 2025 CVCA Awards

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Alex Riehl @ BetaKit · 05/28/2025 11:31 EDT

The honours celebrate the deals, dealmakers, and community service behind Canada’s VC and PE firms. Read more ›

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Bell to build six AI data centres in Canada as telcos compete on infrastructure

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Madison McLauchlan @ BetaKit · 05/28/2025 08:30 EDT

Project's initial compute power will be a fraction of a typical AI data centre, with plans to scale into a “supercluster.” Read more ›

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Outcome of copyright case against Cohere uncertain but likely “precedent setting”: expert

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Jon Fingas @ BetaKit · 05/28/2025 07:00 EDT

The Canadian AI giant has motioned to dismiss the suit before it reaches court. Read more ›

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Web Summit Vancouver’s opening night offers thoughtful critiques and alternatives to current tech

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Josh Scott @ BetaKit · 05/28/2025 01:53 EDT

Gary Marcus and Bluesky CEO Jay Graber discuss LLMs and the open web as Web Summit kicks off. Read more ›

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Web Summit Vancouver’s opening night offers thoughtful critiques and alternatives to the current state of tech

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Josh Scott @ BetaKit · 05/28/2025 01:53 EDT

Gary Marcus and Bluesky CEO Jay Graber discuss LLMs and the open web as Web Summit kicks off. Read more ›

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At Web Summit Vancouver, BC wants to let the world know its cleantech hub is open for business

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Josh Scott @ BetaKit · 05/27/2025 18:58 EDT

BetaKit jumped on an electric bus to tour BC’s cleantech sector. Come along for the ride. Read more ›

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Koho continues expansion beyond core banking with launch of international money transfers

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Jon Fingas @ BetaKit · 05/27/2025 15:57 EDT

Aspiring bank claims to offer better remittance exchange rates compared to competitors. Read more ›

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PacifiCan tops up Innovate BC initiative with $1.8 million for AI projects

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Alex Riehl @ BetaKit · 05/27/2025 14:04 EDT

Funding to support local AI testbeds at Vancouver International Airport and the Provincial Health Services Authority. Read more ›

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Harley Finkelstein, Valley vets Dorothy Kilroy and Chris Urmson headline 2025 Elevate Festival

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Alex Riehl @ BetaKit · 05/27/2025 12:00 EDT

Toronto-based tech festival says applied AI will be this year’s defining theme. Read more ›

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Four tech workers discuss their AI habits

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Isabelle Kirkwood @ BetaKit · 05/27/2025 07:00 EDT

The Chang School’s Curv Microcertificate has tech professionals rethinking AI’s place in their work. Read more ›

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Canadian VCs arrive at annual industry gathering in need of a “wake-up call”

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Madison McLauchlan @ BetaKit · 05/27/2025 00:10 EDT

Venture leaders publicly grapple with weak performance and uncertain future ahead of CVCA Invest Canada conference. Read more ›

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Canadian VCs arrive at annual industry gathering in need of a “wake-up call”

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Madison McLauchlan @ BetaKit · 05/27/2025 00:00 EDT

Venture leaders publicly grapple with weak performance and uncertain future ahead of CVCA Invest Canada conference. Read more ›

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Jim Balsillie calls on Ottawa to prioritize stablecoins at Inventures fireside with Premier Smith 

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Siri Agrell @ BetaKit · 05/26/2025 18:32 EDT

Premier indicated willingness to add Web3 expert to the Alberta Securities Commission. Read more ›

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Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing

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Alex Riehl @ BetaKit · 05/26/2025 14:59 EDT

TCV and other US-based private equity firms to snatch up $500 million in Jane shares. Read more ›

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The Canadian engineer trying to fix the internet’s original sin 

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Douglas Soltys @ BetaKit · 05/26/2025 06:00 EDT

Coinbase’s Erik Reppel thinks AI, crypto, and open standards could revolutionize internet commerce. Read more ›

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CWVC wants to map the career progression and retention of women in Canadian VC

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Josh Scott @ BetaKit · 05/26/2025 06:00 EDT

Analysis finds nearly 1 in 4 of CWVC’s members left VC since 2019. CWVC hopes to figure out why. Read more ›

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