News from BetaKit

Citing market conditions, Loopio cuts 12 percent of staff

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Josh Scott @ BetaKit 1 place · 03/13/2026 16:16 EDT

Company says move is focused on sustainable growth. Read more ›

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Vena moves into “orchestrated” financial planning with Acterys acquisition

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Josh Scott @ BetaKit · 02/04/2026 14:51 EDT

Acterys CEO claims deal combines “the best of both worlds” across finance and IT. Read more ›

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Ottawa releases findings from AI task force and public consultation

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Alex Riehl @ BetaKit · 02/04/2026 14:21 EDT

Government used AI to parse more than 11,000 submissions that will inform Canada’s new AI strategy. Read more ›

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Invest Alberta’s Rick Christiaanse unexpectedly resigns as CEO

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Jesse Cole @ BetaKit · 02/04/2026 13:00 EDT

Crown corporation’s former COO is now acting CEO. Read more ›

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BDC head says bank pulled back from life sciences “too early” as it preps new VC fund

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Madison McLauchlan @ BetaKit · 02/04/2026 12:33 EDT

Upcoming life sciences fund to invest directly in companies from a more than $100-million envelope. Read more ›

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Building with AI is now the “price of admission” for software startups, Inovia report says

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Madison McLauchlan @ BetaKit · 02/04/2026 09:00 EDT

AI-native startups ate up 40 percent of software deal value in Canada in 2025. Read more ›

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Bengio-led AI safety report warns of growing risks amid rapid capability gains

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Josh Scott @ BetaKit · 02/03/2026 16:14 EDT

Major advancements in coding and mathematics come alongside a rise in AI-powered scams and cyberattacks. Read more ›

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Canada’s tech and manufacturing leaders target N3 Summit for global growth

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Jacqueline Loganathan @ BetaKit 1 place · 02/03/2026 15:48 EDT

Two-day March summit to discuss trade shifts, new technologies in Canadian manufacturing. Read more ›

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US-based welding tech company ESAB to buy Eddyfi for $1.45 billion USD

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Alex Riehl @ BetaKit · 02/03/2026 15:47 EDT

ESAB makes “firm commitments” to keep Eddyfi workers and head office in Québec. Read more ›

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Neo Financial secures $68.5 million in equity as it adopts big-bank funding playbook

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Jesse Cole @ BetaKit · 02/03/2026 13:07 EDT

Support from investors including AIMCo and Northleaf will fuel securitization strategy. Read more ›

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This U of T-led program is helping Canada find its place in the global EV market

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Alex Riehl @ BetaKit · 02/03/2026 09:34 EDT

The EVIO program will park grad students with EV companies to keep the best talent at home. Read more ›

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Carbon Upcycling names new CEO

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Jesse Cole @ BetaKit · 02/03/2026 09:00 EDT

CRO Markus Kritzler succeeds Apoorv Sinha, who has moved into the role of president. Read more ›

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A16z-backed OpenSesame opens new doors with rebrand to General Magic

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Madison McLauchlan @ BetaKit · 02/03/2026 07:00 EDT

Toronto-based startup is building texting AI agents for insurance companies. Read more ›

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The startup bringing a piece of America’s FinTech stack to Canada

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Isabelle Kirkwood @ BetaKit · 02/02/2026 15:30 EDT

Slate’s embedded lending infrastructure was purpose-built for Canada. Read more ›

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OpenText sells analytics database Vertica to pay down debt

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Alex Riehl @ BetaKit 1 place · 02/02/2026 11:29 EDT

Company sells second non-core asset in five months after dropping CEO in August. Read more ›

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Ali Asaria’s Transformer Lab launches worldwide

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Jesse Cole @ BetaKit · 02/02/2026 09:00 EDT

The launch coincides with a successful fundraising round from investors on both sides of the border. Read more ›

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“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder

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Madison McLauchlan @ BetaKit · 02/02/2026 06:00 EDT

Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event. Read more ›

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Y Combinator exerts economic force on Canadian tech

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Douglas Soltys @ BetaKit · 02/02/2026 05:00 EDT

Plus: Waabi claims largest-ever Canadian tech fundraise. Read more ›

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Why Y Combinator cut Canada out

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Douglas Soltys @ BetaKit · 02/01/2026 19:35 EDT

John Ruffolo joins to discuss fuzzy data, “bullshit” narratives, and the real problems hampering Canadian tech. Read more ›

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Arlene Dickinson and Amber Mac sever ties with Gander Social

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Sarah Rieger @ BetaKit 1 place · 01/30/2026 15:12 EDT

Prominent investors leave advisory board as former CBC head Catherine Tait signs on. Read more ›

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Canada and Alberta announce 27 new projects to expand high-speed internet access

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Jesse Cole @ BetaKit 2 place · 01/30/2026 14:13 EDT

New projects target communities still falling below national internet speed benchmarks. Read more ›

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