News from BetaKit

Federal, Ontario governments contribute to Linamar’s $1-billion EV manufacturing investment

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Madison McLauchlan @ BetaKit · 01/28/2025 16:27 EDT

ISED commits up to $169.4 million through Strategic Innovation Fund as Trump tariffs loom. Read more ›

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Intuit is focused on letting the builders build

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Siri Agrell @ BetaKit 3 place · 01/28/2025 07:00 EDT

Greg Coulombe is hiring the next generation of technologists. Read more ›

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How Calgary-based startup Knead tackled the NFL draft’s food waste with software

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Madison McLauchlan @ BetaKit 3 place · 01/28/2025 06:00 EDT

BDC Capital's Thrive Lab led Knead's $800,000 pre-seed round as first Alberta-based investment. Read more ›

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Plutera Capital buys Hardbacon’s assets out of bankruptcy following 2024 shutdown

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Josh Scott @ BetaKit 3 place · 01/27/2025 16:07 EDT

Newly launched affiliate marketing firm aims to restructure and transform the former FinTech startup. Read more ›

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Canadian-founded Clay achieves unicorn status with $57.5-million raise

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Alex Riehl @ BetaKit · 01/27/2025 15:56 EDT

Customer research AI startup CEO claims its 6x growth in 2024 prompted existing investors to “double down.” Read more ›

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Optable raises $28.8 million to grow data management solution in United States

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Alex Riehl @ BetaKit · 01/27/2025 13:54 EDT

Funding for the adtech venture led by Telus Global Ventures with participation from many returning investors. Read more ›

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To survive tariffs, Canadian startups need plans “A through D”

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Douglas Soltys @ BetaKit 1 place · 01/27/2025 05:00 EDT

Plus: Shopify quietly kills Indigenous Entrepreneurship program. 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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