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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Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial

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Alex Riehl @ BetaKit · 11/21/2024 13:54 EDT

Toronto Western Hospital is the exclusive Canadian surgical site for the experimental brain implant. Read more ›

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Alberta Innovates is the second provincial innovation agency affected by cyberattack this year

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Alex Riehl @ BetaKit 3 place · 11/20/2024 15:07 EDT

A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds. Read more ›

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Noble closes $15-million Series A to fuel the growth of its digital asset issuance platform

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Josh Scott @ BetaKit 1 place · 11/20/2024 14:53 EDT

Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse. Read more ›

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Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper

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Alex Riehl @ BetaKit 3 place · 11/20/2024 10:00 EDT

Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.” Read more ›

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TechTO acquires Peerscale to broaden support for later-stage tech entrepreneurs

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Isabelle Kirkwood @ BetaKit · 11/20/2024 06:00 EDT

New CEO Marie Chevrier Schwartz sees Peerscale as the “graduating class of the TechTO ecosystem.” Read more ›

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Five startups chosen for first round of Québec Tech’s export mission

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Madison McLauchlan @ BetaKit 2 place · 11/20/2024 00:01 EDT

Stage V program aims to propel companies to $10 million ARR in under four years. Read more ›

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Women VCs are now earning more at the highest levels (if they can reach them)

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Madison McLauchlan @ BetaKit · 11/19/2024 17:13 EDT

Fifty percent of venture firms surveyed by BDC Capital have no women senior investors. Read more ›

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Insurance giant Intact scoops up home maintenance startup Jiffy

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Isabelle Kirkwood @ BetaKit · 11/19/2024 16:43 EDT

Deal expected to expand Jiffy’s service to more Canadian markets. Read more ›

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Sonaro, Celestra, Oasis Learning AI among competition winners at SAAS NORTH 2024

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Isabelle Kirkwood @ BetaKit 2 place · 11/18/2024 16:50 EDT

Startup winners collectively took home more than $600,000 from the conference. Read more ›

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Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech

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Alex Riehl @ BetaKit 1 place · 11/18/2024 13:42 EDT

Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors. Read more ›

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CIFAR leader expects CAISI to help inform AI policy in Canada and abroad

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Josh Scott @ BetaKit 3 place · 11/18/2024 12:59 EDT

With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries. Read more ›

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One chart that will make you feel good about Canadian tech

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Douglas Soltys @ BetaKit 1 place · 11/18/2024 05:00 EDT

Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns. Read more ›

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The state of Canadian software in 2024

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Douglas Soltys @ BetaKit · 11/17/2024 19:48 EDT

Inovia’s Chris Arsenault came to SAAS NORTH armed with data and perspective. Read more ›

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University of Waterloo’s Velocity moves out of the Garage

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Alex Kinsella @ BetaKit 1 place · 11/15/2024 17:41 EDT

Six years in the making, UW's startup incubator has a new home in the Innovation Arena. Read more ›

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Neo’s backers, Wealthsimple’s value, and Shopify’s concerns

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Isabelle Kirkwood @ BetaKit 1 place · 11/15/2024 16:50 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Nov. 15, 2024. Read more ›

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UniUni secures additional $42.2 million CAD to strengthen US expansion

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Isabelle Kirkwood @ BetaKit 3 place · 11/15/2024 16:17 EDT

Three-year revenue growth of nearly 13,000 percent earned the startup a spot on Deloitte's Technology Fast 50. Read more ›

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Canadian-led Medeloop closes $15.5 million USD in Inovia-led Series A round

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Isabelle Kirkwood @ BetaKit 2 place · 11/15/2024 06:30 EDT

The founder of exited startup Medesync wants to accelerate clinical research with AI. Read more ›

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‘It’s life or death’: Québec ecosystem frustrated after IQ suspends early-stage program

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Madison McLauchlan @ BetaKit · 11/14/2024 17:08 EDT

Impulsion PME no longer accepting applications until further notice. Read more ›

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Power marks up value of stake in Wealthsimple beyond 2021 peak

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Josh Scott @ BetaKit 3 place · 11/14/2024 15:49 EDT

Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal. Read more ›

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Manitoba launches new innovation and technology department amid cabinet refresh

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Isabelle Kirkwood @ BetaKit · 11/14/2024 13:56 EDT

Mike Moroz will head the division supporting the province’s tech industry and modernizing public services. Read more ›

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