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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Lightspeed to stay public company after strategic review

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Josh Scott @ BetaKit · 02/06/2025 08:18 EDT

Lightspeed promises “full transformation plan” with fiscal Q3 earnings. Read more ›

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University of Waterloo to open GENESIS, a new blockchain and AI research lab

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Alex Riehl @ BetaKit · 02/06/2025 08:00 EDT

New facilities supported by $1.4-million donation from professor-founded blockchain startup Interop Labs Read more ›

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RetinaLogik ready to execute on vision with $1.1-million financing, Health Canada Class II approval

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Josh Scott @ BetaKit · 02/06/2025 06:00 EDT

Portable eye care device startup sets sights on North American expansion. Read more ›

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Emmertech leads Rayhawk seed round to automate dangerous rail car loading work

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Alex Riehl @ BetaKit · 02/05/2025 15:11 EDT

Rayhawk’s proprietary technology automates opening, inspecting, closing, and sealing railcars lids. Read more ›

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SRTX temporarily lays off 40 percent of staff ahead of US tariff “worst-case scenario”

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Madison McLauchlan @ BetaKit · 02/05/2025 14:10 EDT

Sheertex tights maker says tariffs could slap 41-percent duty on some shipments to US. Read more ›

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Deputy Chief Trade Commissioner on tariffs: Canada “not out of the woods yet”

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Alex Riehl @ BetaKit 3 place · 02/05/2025 06:03 EDT

Global Affairs staffer told business leaders tariffs don’t include digital services during CCI webinar. Read more ›

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Teachers’ Venture Growth leads round valuing StackAdapt near $2.5-billion USD

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Alex Riehl @ BetaKit 3 place · 02/04/2025 14:39 EDT

Reports indicate round is largely secondary like a previously undisclosed 2022 Summit Partners investment. Read more ›

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Canadian tech leaders launch Build Canada website for AI-refined policy ideas from entrepreneurs

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Josh Scott @ BetaKit 1 place · 02/04/2025 13:19 EDT

Supporters include leaders from Shopify, Wealthsimple, and Cohere. Read more ›

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MaRS appoints Grace Lee Reynolds as permanent CEO, adds board members 

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Alex Riehl @ BetaKit · 02/04/2025 08:30 EDT

MaRS board member says appointees Helen Angus and Andrew Joyner bring expertise in public-private collaboration. Read more ›

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A reality check on cyber insurance

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Isabelle Kirkwood @ BetaKit · 02/04/2025 07:00 EDT

New TELUS study reveals the measures that can help lower premiums and boost coverage. Read more ›

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Waabi inks partnership with investor Volvo to develop and deploy self-driving trucks

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Josh Scott @ BetaKit · 02/04/2025 05:00 EDT

CEO says deal gives Waabi next puzzle piece it needs for autonomous trucking at scale. Read more ›

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US pauses tariffs on Canada as two countries work through new border commitments

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Madison McLauchlan @ BetaKit · 02/03/2025 17:06 EDT

Canada to appoint Fentanyl Czar and spend additional $200 million to combat organized crime and fentanyl. Read more ›

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Startup support networks ventureLAB and The Firehood appoint new leaders

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Alex Riehl @ BetaKit · 02/03/2025 14:03 EDT

The Firehood taps Theresa Evanoff as executive director, Nima Khadem Mohtaram to head ventureLAB’s medtech initiatives. Read more ›

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Ontario to cancel $100 million Starlink contract in response to US tariff threat

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Alex Riehl @ BetaKit 1 place · 02/03/2025 10:27 EDT

Premier Doug Ford announced the province will no longer sign contracts with American companies. Read more ›

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FLiiP raises $4.4 million in seed financing to grow fitness industry management software

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Madison McLauchlan @ BetaKit · 02/03/2025 08:00 EDT

Québec gym owner developed platform to streamline operations, customer success. Read more ›

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An AI report to distract you from tariffs

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Douglas Soltys @ BetaKit · 02/03/2025 05:11 EDT

Plus: Shopify CEO promises 'buy local' features in Shop app. Read more ›

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Shopify CEO commits to ‘buy local’ features for Shop app after criticizing Canada’s tariff response

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Alex Riehl @ BetaKit 2 place · 02/02/2025 19:02 EDT

US, Canada, Mexico first to be featured as Tobi Lütke claims Shopify is “unaffected” by tariffs. Read more ›

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Why Alistair Croll wants Canadian startups to be more evil

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Douglas Soltys @ BetaKit · 02/02/2025 19:00 EDT

Co-author of Just Evil Enough: The Subversive Marketing Handbook wants to shake up Canada’s go-to-market approach. Read more ›

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Mangrove Lithium secures $50.4 million to construct lithium refining plant in British Columbia

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Alex Riehl @ BetaKit 1 place · 01/31/2025 16:16 EDT

Company claims facility will produce enough battery-grade materials annually to power 25,000 EVs. Read more ›

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Nuvei is big in Japan, AI’s Sputnik moment, and the Uber for what?

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Isabelle Kirkwood @ BetaKit 2 place · 01/31/2025 13:37 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Jan. 31, 2025. Read more ›

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