News from BetaKit

Five trends shaping the future of FinTech: Insights from the Canada Fintech Forum

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Isabelle Kirkwood @ BetaKit 1 place · 10/29/2025 07:00 EDT

Startups, banks and regulators contend with stressed customers, stalled stablecoin, and accelerated threat timelines. Read more ›

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Exclusive: ApplyBoard secures $100 million CAD credit facility to fuel global expansion

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Bianca Bharti @ BetaKit · 09/17/2024 06:00 EDT

With Canadian student visas projected to drop, ApplyBoard targets Europe and Asia. Read more ›

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PathPresenter to establish subsidiary in Waterloo Region following Series A round

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Isabelle Kirkwood @ BetaKit · 09/16/2024 06:30 EDT

The Canadian-led AI pathology startup believes a physical presence in Canada will drive its push into the local market. Read more ›

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Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy secondhand

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Isabelle Kirkwood @ BetaKit 2 place · 09/16/2024 06:00 EDT

Harvest Venture Partners believes its studio’s fastest-growing venture has a first mover advantage in the secondary retail market. Read more ›

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Evaluating our 2024 tech predictions as Q4 approaches.

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Bianca Bharti @ BetaKit 3 place · 09/16/2024 05:30 EDT

Plus: Leadership shakeups at OMERS and BDC Read more ›

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Pablo Srugo wanted to be “insanely rich.” It killed his startup.

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Douglas Soltys @ BetaKit · 09/15/2024 18:17 EDT

Now a VC, Gymtrack’s one-time COO cautions founders against becoming their own worst hypebeast. Read more ›

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Coveo snags SIF investment as AI project funding flows during ALL IN 2024

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Alex Riehl @ BetaKit 1 place · 09/13/2024 17:55 EDT

Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects. Read more ›

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Xatoms, Permalution among 10-startup RBC Women in Cleantech accelerator cohort

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Alex Riehl @ BetaKit 2 place · 09/13/2024 17:42 EDT

Program from MaRS and RBC looks to support woman-identifying or non-binary founders of Canadian cleantech startups. Read more ›

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BDC appoints Geneviève Bouthillier as head of BDC Capital

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Josh Scott @ BetaKit 3 place · 09/13/2024 13:07 EDT

Bouthillier replaces Jérôme Nycz following his recent and sudden departure after 22 years at BDC. Read more ›

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Ecomtent closes $1.15 million CAD in pre-seed funding for its AI-powered content generator

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Isabelle Kirkwood @ BetaKit 1 place · 09/13/2024 06:30 EDT

Startup led by ex-Amazon exec and AI scholar wants to help retailers sell in the AI era. Read more ›

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BDC writes down venture capital portfolio by $220 million in annual report

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Isabelle Kirkwood @ BetaKit · 09/13/2024 06:00 EDT

Crown corporation attributes value shortfall to “uncertain market conditions” despite posting higher than expected net revenue gain. Read more ›

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Zūm Rails moves recently-named CEO Miles Schwartz to Miami to lead US growth initiative

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Alex Riehl @ BetaKit · 09/12/2024 17:38 EDT

Omni-rail payment solution saw 75 percent increase in its US business over the last year. Read more ›

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Global trends report shows AI adoption still lags in Canada

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Loraine Centeno @ BetaKit · 09/12/2024 16:55 EDT

In Canada, only 35 percent of organizations say AI is ‘widely implemented’ Read more ›

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Disaster restoration startup Kahi looks to solve “adversarial relationship” between insurance companies and subcontractors with IoT

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Alex Riehl @ BetaKit 1 place · 09/12/2024 15:25 EDT

Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund. Read more ›

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Canadian AppDirect co-founder launches Landbase with Inovia, Desmarais family backing

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Isabelle Kirkwood @ BetaKit · 09/12/2024 14:54 EDT

Landbase has closed $12.5-million USD in seed funding for its AI-powered go-to-market solution. Read more ›

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OMERS Ventures to be moved under new Private Capital group run by Michael Block

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Josh Scott @ BetaKit · 09/12/2024 06:00 EDT

Pension fund to reorg following PE head retiring, tasking Block with overseeing portfolio that includes venture, green tech, and growth. Read more ›

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Union representing Canadian Paper tutors threatens legal action following mass layoffs

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Alex Riehl @ BetaKit · 09/11/2024 18:20 EDT

Union says no complaints have been filed yet, but “several lawyers” are working the case. Read more ›

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Amplitude Ventures, Gates Foundation lead Radiant Biotherapeutics’ $35-million USD Series A

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Josh Scott @ BetaKit 3 place · 09/11/2024 07:00 EDT

Amplitude-created biotech startup with scientific roots in SickKids and U of T aims to advance new disease therapies. Read more ›

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Beacon launches remittance solution to help Canadian newcomers receive money from India

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Isabelle Kirkwood @ BetaKit 3 place · 09/11/2024 06:02 EDT

Startup launched out of stealth with $5.25 million in funding earlier this year. Read more ›

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NPower Canada bags $4 million to prime underrepresented youth for the tech sector

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Isabelle Kirkwood @ BetaKit 3 place · 09/10/2024 17:57 EDT

Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI. Read more ›

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Saskatchewan tech sector employment doubled over four-year period: report

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Bianca Bharti @ BetaKit 1 place · 09/10/2024 17:53 EDT

Province says it’s on track to triple the number of tech workers by 2030. Read more ›

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