News from BetaKit

Alberta’s tech sector is embracing an AI data centre boom. Will it pay off?

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Madison McLauchlan @ BetaKit · 06/02/2025 07:50 EDT

Tech leaders say energy-hungry infrastructure will catalyze startup creation, but critics warn of "oversold" benefits. Read more ›

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Web Summit Vancouver was worth “every penny”

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Douglas Soltys @ BetaKit · 06/02/2025 05:00 EDT

Plus: BetaKit is SABEW Canada's Best in Business (again). Read more ›

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“The energy is here”: local leaders call Web Summit Vancouver’s scaled-back debut a success

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Josh Scott @ BetaKit · 06/01/2025 19:58 EDT

Web Summit lands smoothly on the West Coast as attendees offer ideas for how it could grow. Read more ›

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BC’s new JEDI says Web Summit Vancouver has been worth “every penny”

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Douglas Soltys @ BetaKit · 06/01/2025 15:16 EDT

Minister Diana Gibson talks ecosystem growth, integrated marketplaces, and filling the "really big shoes" of her predecessor. Read more ›

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Student entrepreneurs and Canadian tech leaders talk inflection points at Cansbridge Story Night event

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Josh Scott @ BetaKit 1 place · 05/30/2025 23:06 EDT

Speakers tell stories about the moments they chose to dream bigger and take risks. Read more ›

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WareMatch lands $2-million funding round to expand its Airbnb-like warehouse marketplace 

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Alex Riehl @ BetaKit 2 place · 05/30/2025 16:59 EDT

Strategic investor Farfill hopes to support the young company’s worldwide expansion. Read more ›

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Zown expands homebuying app into the US after early Canadian success

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Jon Fingas @ BetaKit 3 place · 05/30/2025 16:58 EDT

The company believes a California expansion will help it go “anywhere.” Read more ›

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Farm Credit Canada commits to investing $2 billion in AgTech by 2030

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Alex Riehl @ BetaKit · 05/30/2025 13:59 EDT

The Crown corporation’s president and CEO noted that “investment dollars have been scarce” in the sector. Read more ›

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Calgary Capital, the King comes to Canada, and nothing but Bluesky in rain city

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Isabelle Kirkwood @ BetaKit · 05/30/2025 13:17 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for May 30, 2025. Read more ›

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Amid AI proof-of-concept fatigue, Cohere co-founder urges potential customers to keep the faith and focus on ROI

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Josh Scott @ BetaKit 1 place · 05/29/2025 20:23 EDT

Ivan Zhang says AI firms have their work cut out winning back clients “burned” by failed pilots. Read more ›

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BetaKit repeats as General Excellence winner at SABEW Canada Awards

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Siri Agrell @ BetaKit · 05/29/2025 17:36 EDT

BetaKit reporter Josh Scott also awarded for the second year in a row. Read more ›

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University of Toronto and Vanguard team up to expand AI research in finance

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Alex Riehl @ BetaKit · 05/29/2025 15:10 EDT

Vanguard will also add around 70 roles to its AI research team in Toronto. Read more ›

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Innovation Saskatchewan’s first-ever research strategy boosts commercialization, tax incentives for tech

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Madison McLauchlan @ BetaKit · 05/29/2025 12:04 EDT

Provincial agency expands refundable investor tax credit to include life science startups. 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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