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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Scale AI unveils $129 million for 44 new applied AI projects across Canada

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Josh Scott @ BetaKit · 12/16/2025 14:40 EDT

AlayaCare, League, FluidAI Medical, MDA Space, and Vooban among recipients. Read more ›

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Tetra Trust clears another hurdle on its path to launching CADD stablecoin

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Alex Riehl @ BetaKit · 12/16/2025 12:28 EDT

Successful test saw CADD transferred between National Bank and Wealthsimple. Read more ›

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Startup investigation reveals 50 peer-reviewed papers contained hallucinated citations

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Trevor Nichols @ BetaKit 3 place · 12/16/2025 06:05 EDT

GPTZero found “obvious” instances of false, LLM-generated references in academic papers. Read more ›

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Canada’s Defence Industrial Strategy must include procurement pathways for tech

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Trevor Nichols @ BetaKit · 12/16/2025 06:00 EDT

The Icebreaker co-founder argues Canada must resist a reflexive historical response to our southern neighbour. Read more ›

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National Bank sues Flinks co-founders for alleged non-compete violation

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Madison McLauchlan @ BetaKit · 12/15/2025 17:11 EDT

Founders of new startup Deck deny allegations, say they were authorized to build venture. Read more ›

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Canada launches it own quantum research program to rival DARPA initiative

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Madison McLauchlan @ BetaKit · 12/15/2025 10:00 EDT

Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding. Read more ›

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Coinbase Canada CEO Lucas Matheson to join former Shopify colleagues at Opendoor

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Alex Riehl @ BetaKit · 12/15/2025 09:15 EDT

Former Shopify COO Kaz Nejatian continues to poach Canadian tech talent. Read more ›

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Tuhk raises $6 million USD to crack down on financial cybercrime

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Madison McLauchlan @ BetaKit · 12/15/2025 06:00 EDT

Enterprise FinTech startup planning launch in Canada, the US, and UK next year. Read more ›

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Humi’s co-founder loved being acquired and never wants to do it again

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Douglas Soltys @ BetaKit · 12/15/2025 05:09 EDT

Plus: She tried to bring Silicon Valley’s tech energy to Vancouver. Why did she leave for the US instead? Read more ›

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Rogers v. Rogers is Canada’s Succession story

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Douglas Soltys @ BetaKit 1 place · 12/12/2025 18:49 EDT

Canada's real-life Succession battle is filled with unlikely leaders and tragic heroes. Playwright Michael Healey explains why everybody lost. Read more ›

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Court order prompts Well Health, Healwell to hand over records in merger probe

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Madison McLauchlan @ BetaKit 2 place · 12/12/2025 14:34 EDT

Federal watchdog to investigate if takeover affects choice and cost to users. Read more ›

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Simuhealth raises $2.6 million pre-seed to modernize healthcare training

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Alex Riehl @ BetaKit 3 place · 12/12/2025 13:32 EDT

New capital will help Vancouver startup scale its training management platform across North America. Read more ›

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Salesforce might rebrand, Shopify gets agentic, and SpaceX’s unexpected beneficiary

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Alex Riehl @ BetaKit · 12/12/2025 08:00 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for December 12, 2025. Read more ›

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Assetflo closes $2 million USD to make clients’ every physical asset “searchable”

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Josh Scott @ BetaKit · 12/12/2025 06:00 EDT

Kitchener-Waterloo startup’s mesh network tech already helps Fortune 500 firms track assets. Read more ›

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Goodfood loses another leader as co-founder says he’s stepping down as president and COO

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Alex Riehl @ BetaKit · 12/11/2025 17:23 EDT

Neil Cuggy took over day-to-day operations after co-founder Jonathan Ferrari abruptly left in August. Read more ›

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Canada needs a national semiconductor strategy, industry groups argue

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Alex Riehl @ BetaKit · 12/11/2025 16:34 EDT

Five countries account for almost 91 percent of the global semiconductor market. Canada isn’t one. Read more ›

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Inovia promotes two principals to partner as it readies 2026 fundraising push

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Madison McLauchlan @ BetaKit · 12/11/2025 07:00 EDT

Montréal VC firm planning a sixth venture fund and “larger” Discovery Fund II to back emerging managers. Read more ›

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Twenty Canadian companies join NATO’s largest-ever defence accelerator cohort

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Alex Riehl @ BetaKit 2 place · 12/10/2025 15:24 EDT

NATO DIANA connects companies with military end-users, mentors, and investors in the North Atlantic. Read more ›

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Gander hits $1.5-million crowdfunding target as Canadians back homegrown social network

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Sarah Rieger @ BetaKit 3 place · 12/10/2025 14:51 EDT

App now has 1,800 Canadian co-owners, extends funding deadline to January. Read more ›

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Shopify merchants can now sell products through AI chatbots

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Alex Riehl @ BetaKit 1 place · 12/10/2025 13:48 EDT

Update announced in Shopify Editions newsletter that contained over 150 product updates. Read more ›

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