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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Consensus won’t return to Toronto in 2026

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Alex Riehl @ BetaKit · 05/14/2025 12:57 EDT

CoinDesk will hold next year’s crypto event in Miami. Read more ›

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Seed deals in Q1 2025 hit pandemic-era low as Canadian VC decline continues: report

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Madison McLauchlan @ BetaKit · 05/14/2025 09:42 EDT

Trade tensions and economic uncertainty contributed to investor caution, CVCA says. Read more ›

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An AI-powered Bloomberg for Web3

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Isabelle Kirkwood @ BetaKit 1 place · 05/14/2025 07:00 EDT

Validation Cloud turned to AWS to help build its real-time Web3 intelligence platform. Read more ›

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Una Software secures new seed funding as startup adds AI into its financial planning platform

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Alex Riehl @ BetaKit · 05/14/2025 07:00 EDT

Staircase Ventures-led round brings Una’s total funding to $10 million USD. Read more ›

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“No plans are set” but Robinhood expects to “develop [its] offering” in Canada post-WonderFi acquisition

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Josh Scott @ BetaKit · 05/13/2025 18:43 EDT

Robinhood Crypto SVP says US trading platform’s immediate focus in Canada is on crypto. Read more ›

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Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI

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Jon Fingas @ BetaKit · 05/13/2025 16:06 EDT

Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition. Read more ›

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Katherine Homuth launches “organizational memory” startup as SRTX secures new  interim CEO and financing

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Madison McLauchlan @ BetaKit · 05/13/2025 14:55 EDT

Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal. Read more ›

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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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