News from BetaKit

Canada won’t pursue national semiconductor strategy, AI minister says

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Alex Riehl @ BetaKit 1 place · 05/08/2026 13:41 EDT

Canada is the only G7 country without a standalone strategy. Industry groups are urging action. Read more ›

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Lessons in leadership, hiring, and AI from SAAS NORTH 2024

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Douglas Soltys @ BetaKit · 12/08/2024 19:15 EDT

Also discussed: how to make leather from mushrooms. SAAS NORTH 2024 was crazy. Read more ›

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Benevity reports over $140 million donated through its platform this Giving Tuesday

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Josh Scott @ BetaKit 1 place · 12/06/2024 17:24 EDT

Calgary company sees dip in total donations, but rise in volunteering compared to 2023. Read more ›

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Aramis Biotechnologies secures $80 million CAD for vaccine development do-over

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Madison McLauchlan @ BetaKit 2 place · 12/06/2024 17:13 EDT

Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government. Read more ›

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Jeff Bezos bets on Tenstorrent, Questrade and Wealthsimple trade markets, Shopify’s big BFCM

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Isabelle Kirkwood @ BetaKit 1 place · 12/06/2024 16:08 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Dec. 6, 2024. Read more ›

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Cohere secures federal backing to build multibillion-dollar Canadian AI data centre

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Josh Scott @ BetaKit · 12/06/2024 15:16 EDT

This marks the first investment through the new Canadian Sovereign AI Compute Strategy. Read more ›

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Mississauga’s rising entrepreneurs are cleaning water, transforming legal services, and making robot EV chargers

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Jacqueline Loganathan @ BetaKit 2 place · 12/06/2024 07:00 EDT

Sauga Startup Showcase recognizes promising startups. Read more ›

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KisoJi raises $57-million CAD Series B to advance antibody cancer therapy

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Madison McLauchlan @ BetaKit · 12/06/2024 06:00 EDT

Montréal-based biotech company using AI to boost antibody identification platform. Read more ›

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Federal government outlines $2 billion in AI compute spending commitment

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Josh Scott @ BetaKit 3 place · 12/05/2024 09:47 EDT

Strategy includes $1 billion for public computing infrastructure, $700 million for AI data centres, and $300 million for SMBs. Read more ›

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Trexo Robotics has helped people with disabilities take 100 million steps

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Alex Riehl @ BetaKit 2 place · 12/05/2024 06:00 EDT

Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions. Read more ›

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Musical AI partners with India’s Beatoven.ai to create “fully licensed” AI song generator

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Josh Scott @ BetaKit 3 place · 12/04/2024 15:58 EDT

Music tech startups join forces to help create songs and compensate IP holders with AI. Read more ›

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BDC launches program to help businesses access financing to adopt AI

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Alex Riehl @ BetaKit · 12/04/2024 14:31 EDT

Program includes cybersecurity assessment and workflow automation assistance. Read more ›

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BDC launches program to help small businesses access financing to adopt AI

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Alex Riehl @ BetaKit · 12/04/2024 14:31 EDT

Program includes cybersecurity assessment and workflow automation assistance. Read more ›

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Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec

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Madison McLauchlan @ BetaKit · 12/04/2024 12:29 EDT

STRX looking to close $70-million CAD convertible note financing round before end of year. Read more ›

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Markets change. Venture debt doesn’t have to.

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Isabelle Kirkwood @ BetaKit · 12/04/2024 10:00 EDT

CIBC Innovation Banking’s Amy Olah on why venture debt stays steady, even when markets don’t. Read more ›

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Lessons from Wattpad’s $754-million exit

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Isabelle Kirkwood @ BetaKit · 12/04/2024 07:00 EDT

Eva Lau wants you to avoid the obvious. Read more ›

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BC Securities Commission fines ezBtc owner $18.4 million over crypto fraud

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Alex Riehl @ BetaKit · 12/03/2024 15:24 EDT

CBSC previously found crypto platform had diverted one-third of customer deposits to personal accounts. Read more ›

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Canada Post strike didn’t slow Shopify’s record-breaking BFCM weekend

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Alex Riehl @ BetaKit 1 place · 12/03/2024 13:31 EDT

Shopify merchants drove $11.5 billion USD in sales over the weekend, eclipsing last year by more than $2 billion. Read more ›

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Stability and speed: Mastercard’s partnership with Koho

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Isabelle Kirkwood @ BetaKit 3 place · 12/03/2024 07:00 EDT

How a FinTech startup migrated towards the future of banking. Read more ›

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Online brokerage Questrade lays off undisclosed number of employees

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Alex Riehl @ BetaKit · 12/02/2024 17:03 EDT

Questrade appears to have quietly exited digital mortgage business around same time Wealthsimple entered it. Read more ›

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AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation

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Josh Scott @ BetaKit · 12/02/2024 16:57 EDT

Samsung, Bezos-backed financing comes after the firm quietly relocated to the US. Read more ›

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