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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SRTX’s Katherine Homuth wants to solve for everything

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Douglas Soltys @ BetaKit · 01/26/2025 19:13 EDT

SRTX founder explains how solving for one problem led to modernizing Western manufacturing. Read more ›

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Shopify president calls Montréal “the most entrepreneurial city on the planet” at North Star event

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Madison McLauchlan @ BetaKit 1 place · 01/24/2025 17:47 EDT

Event panel included insights from Stay22, Dialogue, Nesto, and PemPem founders. Read more ›

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Liberal leadership candidates signal party pivot on capital gains tax rate changes

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Alex Riehl @ BetaKit 2 place · 01/24/2025 16:40 EDT

Carney, Freeland, and Gould express willingness to reverse course on divisive policy. Read more ›

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Boardy’s blunder, Xanadu’s quantum breakthrough, and Paper turns the page

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Isabelle Kirkwood @ BetaKit 3 place · 01/24/2025 13:54 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Jan. 24, 2025. Read more ›

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Innovation Minister says Canada will review business relationship with Amazon following Québec retreat

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Alex Riehl @ BetaKit · 01/24/2025 13:48 EDT

Open letter says Amazon’s decision “raises questions” about its commitment to Canada. Read more ›

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Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin

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Madison McLauchlan @ BetaKit · 01/24/2025 12:10 EDT

Toronto-based company says funding will support new thermal imaging, 3D visualization features. Read more ›

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AstraZeneca to invest $820-million CAD in Ontario facilities expansion

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Alex Riehl @ BetaKit 1 place · 01/23/2025 17:40 EDT

Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth. Read more ›

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Street Context acquired by American market intelligence firm BlueMatrix for undisclosed amount

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Alex Riehl @ BetaKit · 01/23/2025 16:19 EDT

Combined company will integrate authoring, financial data, and consumption analytics into one platform. Read more ›

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QueerTech launches new 2SLGBTQIA+ accelerator and names Virtual Gurus’ Bobbie Racette board chair

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Josh Scott @ BetaKit · 01/23/2025 14:23 EDT

The program launch follows QueerTech’s acquisition of Gradient Spaces last year. Read more ›

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Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots

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Madison McLauchlan @ BetaKit · 01/23/2025 13:03 EDT

Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production. Read more ›

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Atlantic Canada’s startups are finding creative ways to grow

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Isabelle Kirkwood @ BetaKit · 01/23/2025 07:00 EDT

Axtion, Curv Health among those navigating limited access to venture capital in the region. Read more ›

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Private equity firm Novacap raises more than $1-billion USD for first digital infrastructure fund

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Alex Riehl @ BetaKit · 01/23/2025 05:31 EDT

Novacap CEO says digital infrastructure will remain in high demand due to growth of AI. Read more ›

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Canadian quantum commercialization and research projects get federal funding boost

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Alex Riehl @ BetaKit · 01/22/2025 14:06 EDT

Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects. Read more ›

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Amazon to close all Québec facilities, hand over delivery to third parties

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Madison McLauchlan @ BetaKit · 01/22/2025 13:47 EDT

Local courier Intelcom may be poised to take over deliveries, Radio-Canada reports. Read more ›

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Xanadu claims networking breakthrough with new photonic quantum computer Aurora

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Josh Scott @ BetaKit · 01/22/2025 12:06 EDT

Aurora “marks a pivotal milestone” on the path to useful quantum computers. Read more ›

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Shopify quietly kills Indigenous entrepreneurship program Build Native

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Madison McLauchlan @ BetaKit 1 place · 01/21/2025 20:20 EDT

Build Native program lead and Head of Equitable Commerce no longer work at the company. Read more ›

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Your “mouth commands attention”: Boardy CEO apologizes after emphatic negative response to Trump-themed marketing miss

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Alex Riehl @ BetaKit · 01/21/2025 17:39 EDT

AI chatbot company sends out unsolicited email critiquing recipients’ appearance. Read more ›

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Paper looks to rebound from turbulent 2024 with new CEO Martina Tam

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Alex Riehl @ BetaKit · 01/21/2025 14:30 EDT

Whirlwind year saw mass layoffs of all Canadian tutors and departure of both co-founders. Read more ›

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Federal government provides $3.5 million for DMZ’s new Centre for Housing Innovation

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Alex Riehl @ BetaKit 2 place · 01/20/2025 16:34 EDT

New Toronto accelerator aims to help entrepreneurs develop solutions to housing supply challenges. Read more ›

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Moment Energy raises $21.5-million Series A amidst tough funding climate for cleantech hardware startups

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Alex Riehl @ BetaKit 2 place · 01/20/2025 13:40 EDT

EV battery repurposing startup to double size of Vancouver HQ and build gigafactory in Texas. Read more ›

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