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Award-winning coverage of Canadian startups and tech innovation since 2012.
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Breaking: award-winning journalist Sarah Rieger (@sarahcrgr.bsky.social) joins as managing editor to lead the newsroom and grow @BetaKit.com’s nationwide tech coverage.
betakit.com/sarah-rieger...
betakit.com/sarah-rieger...
It was a bad week in court for #AI giants Cohere and OpenAI. Both were rebuffed in court cases alleging copyright infringement.
Cohere and OpenAI lose key motions in high-stakes copyright fights | BetaKit
Judges in New York and Ontario ruled against both companies in separate lawsuits.
betakit.com
November 14, 2025 at 8:49 PM
It was a bad week in court for #AI giants Cohere and OpenAI. Both were rebuffed in court cases alleging copyright infringement.
🍁 Canada is trying to figure out what economic sovereignty looks like when it can no longer rely on the US. Aptum CEO Ian Rae says the government must value competition, not picking winners.
🎧 Listen to the full interview on The BetaKit Podcast
betakit.com/what-the-aws...
🎧 Listen to the full interview on The BetaKit Podcast
betakit.com/what-the-aws...
November 14, 2025 at 7:31 PM
🍁 Canada is trying to figure out what economic sovereignty looks like when it can no longer rely on the US. Aptum CEO Ian Rae says the government must value competition, not picking winners.
🎧 Listen to the full interview on The BetaKit Podcast
betakit.com/what-the-aws...
🎧 Listen to the full interview on The BetaKit Podcast
betakit.com/what-the-aws...
Tracy Ridler is re-launching Shopify's shuttered Build Native entrepreneurship program.
“Shopify closed the program earlier this year. I chose not to let that be the end of our story."
“Shopify closed the program earlier this year. I chose not to let that be the end of our story."
Shopify’s shuttered Indigenous entrepreneurship program will relaunch, says program co-founder | BetaKit
Build Native program was quietly cut in January alongside layoffs of Shopify’s Equitable Commerce team.
betakit.com
November 14, 2025 at 6:15 PM
Tracy Ridler is re-launching Shopify's shuttered Build Native entrepreneurship program.
“Shopify closed the program earlier this year. I chose not to let that be the end of our story."
“Shopify closed the program earlier this year. I chose not to let that be the end of our story."
Canadarm3 manufacturer MDA Space reported a 45% year-over-year increase in revenue growth, brining in $409.8 million in Q3. This despite losing a $1.8-billion contract EchoStar in September.
MDA Space reports 45-percent year-over-year revenue growth in Q3 after losing EchoStar contract | BetaKit
Canadarm3 manufacturer maintains financial outlook despite termination of $1.8-billion satellite deal.
betakit.com
November 14, 2025 at 5:29 PM
Canadarm3 manufacturer MDA Space reported a 45% year-over-year increase in revenue growth, brining in $409.8 million in Q3. This despite losing a $1.8-billion contract EchoStar in September.
The BetaKit Quiz this week features an OpenAI lawsuit and an Orwellian Toronto billboard. PLUS:
📈 Who raised $700M "friend-raising to the max"?
🚀 Bridgit founder Mallorie Brodie stuck in a sci-fi contraption
🔥 BetaKit's new managing editor
How well do you know #CDNTech? Take the quiz now 👇
📈 Who raised $700M "friend-raising to the max"?
🚀 Bridgit founder Mallorie Brodie stuck in a sci-fi contraption
🔥 BetaKit's new managing editor
How well do you know #CDNTech? Take the quiz now 👇
Clio’s big raise, U of T’s special scholars, and BetaKit’s new managing editor
Test your knowledge of Canadian tech news with The BetaKit Quiz for November 14, 2025.
betakit.com
November 14, 2025 at 3:00 PM
The BetaKit Quiz this week features an OpenAI lawsuit and an Orwellian Toronto billboard. PLUS:
📈 Who raised $700M "friend-raising to the max"?
🚀 Bridgit founder Mallorie Brodie stuck in a sci-fi contraption
🔥 BetaKit's new managing editor
How well do you know #CDNTech? Take the quiz now 👇
📈 Who raised $700M "friend-raising to the max"?
🚀 Bridgit founder Mallorie Brodie stuck in a sci-fi contraption
🔥 BetaKit's new managing editor
How well do you know #CDNTech? Take the quiz now 👇
CereCura Nanotherapeutics wants to leverage tech that powered COVID-19 vaccines to treat disorders like Alzheimer’s and Parkinson’s disease.
The UBC spinout's $1.4 million, all-equity seed was led by WUTIF Capital, with support from eFund, UBC Venture Funds, and HexTwo Capital.
The UBC spinout's $1.4 million, all-equity seed was led by WUTIF Capital, with support from eFund, UBC Venture Funds, and HexTwo Capital.
CereCura secures $1.4 million to tackle brain disorders with COVID-era vaccine tech | BetaKit
UBC spinout aims to conquer blood-brain barrier to improve protein delivery to the brain.
betakit.com
November 14, 2025 at 2:11 PM
CereCura Nanotherapeutics wants to leverage tech that powered COVID-19 vaccines to treat disorders like Alzheimer’s and Parkinson’s disease.
The UBC spinout's $1.4 million, all-equity seed was led by WUTIF Capital, with support from eFund, UBC Venture Funds, and HexTwo Capital.
The UBC spinout's $1.4 million, all-equity seed was led by WUTIF Capital, with support from eFund, UBC Venture Funds, and HexTwo Capital.
What does #CDNTech think of #Budget2025 now that the static has cleared?
The BetaKit Podcast asked Vass Bednar (Canadian SHIELD Institute), Benjamin Bergen (CCI), and Jaxson Khan (Aperture AI) to cut through the noise.
Listen now:
The BetaKit Podcast asked Vass Bednar (Canadian SHIELD Institute), Benjamin Bergen (CCI), and Jaxson Khan (Aperture AI) to cut through the noise.
Listen now:
Budget 2025: “cautiously optimistic” | BetaKit
A power panel of policy wonks pick apart Budget 2025 and what it means for Canadian tech.
betakit.com
November 13, 2025 at 7:01 PM
What does #CDNTech think of #Budget2025 now that the static has cleared?
The BetaKit Podcast asked Vass Bednar (Canadian SHIELD Institute), Benjamin Bergen (CCI), and Jaxson Khan (Aperture AI) to cut through the noise.
Listen now:
The BetaKit Podcast asked Vass Bednar (Canadian SHIELD Institute), Benjamin Bergen (CCI), and Jaxson Khan (Aperture AI) to cut through the noise.
Listen now:
Former Deep Sky chief science and commercial officer Phil De Luna has teamed up with UBC researcher Sabrina Scott and Aurora Hydrogen co-founder and ex-CTO Erin Bobicki to develop novel carbon capture technology.
Ex-Deep Sky science chief co-launches cement decarbonization startup Cura | BetaKit
Phil De Luna joins UBC researcher and Aurora Hydrogen co-founder to develop novel CO₂ removal tech.
betakit.com
November 13, 2025 at 7:00 PM
Former Deep Sky chief science and commercial officer Phil De Luna has teamed up with UBC researcher Sabrina Scott and Aurora Hydrogen co-founder and ex-CTO Erin Bobicki to develop novel carbon capture technology.
Lightspeed president JD Saint-Martin is leaving the company to focus on supporting the "new generation" of Canadian tech entrepreneurs.
He joined Lightspeed in 2019 and became president in 2022. CEO Dax Dasilva said Saint-Martin's leadership "built the foundation for Lightspeed’s transformation."
He joined Lightspeed in 2019 and became president in 2022. CEO Dax Dasilva said Saint-Martin's leadership "built the foundation for Lightspeed’s transformation."
Lightspeed president JD Saint-Martin to step down in 2026 | BetaKit
Saint-Martin plans a return to his roots to support early-stage Canadian founders.
betakit.com
November 13, 2025 at 5:45 PM
Lightspeed president JD Saint-Martin is leaving the company to focus on supporting the "new generation" of Canadian tech entrepreneurs.
He joined Lightspeed in 2019 and became president in 2022. CEO Dax Dasilva said Saint-Martin's leadership "built the foundation for Lightspeed’s transformation."
He joined Lightspeed in 2019 and became president in 2022. CEO Dax Dasilva said Saint-Martin's leadership "built the foundation for Lightspeed’s transformation."
Aptum CEO Ian Rae says the latest AWS outage was a wakeup call: the physical location of information on the cloud has consequences and firms that don't consider that can end up with big problems.
🎧 Listen to Ian's full interview on The BetaKit Podcast:
betakit.com/what-the-aws...
🎧 Listen to Ian's full interview on The BetaKit Podcast:
betakit.com/what-the-aws...
November 13, 2025 at 5:00 PM
Aptum CEO Ian Rae says the latest AWS outage was a wakeup call: the physical location of information on the cloud has consequences and firms that don't consider that can end up with big problems.
🎧 Listen to Ian's full interview on The BetaKit Podcast:
betakit.com/what-the-aws...
🎧 Listen to Ian's full interview on The BetaKit Podcast:
betakit.com/what-the-aws...
A recent report by Intuit found that small business owners lose an average of seven and a half hours per week switching between tools. The redesigned QuickBooks solves for that.
Meet your new digital team: Intuit introduces AI agents on QuickBooks | BetaKit
The reimagined, all-in-one platform designed to save small business owners time.
betakit.com
November 13, 2025 at 4:05 PM
A recent report by Intuit found that small business owners lose an average of seven and a half hours per week switching between tools. The redesigned QuickBooks solves for that.
Eran Ben-Ari is joining Y Combinator-backed Terminal as its first COO. Ben-Ari had worked at BenchSci since 2021, as chief platform officer and later COO
Ex-BenchSci exec joins Terminal as COO | BetaKit
Eran Ben-Ari joins Y Combinator-backed telematics data startup as it moves from startup to scaleup.
betakit.com
November 13, 2025 at 3:30 PM
Eran Ben-Ari is joining Y Combinator-backed Terminal as its first COO. Ben-Ari had worked at BenchSci since 2021, as chief platform officer and later COO
BenchSci has partnered with @mila-quebec.bsky.social for a multi-year push into #AI for drug discovery. Specifically, they're targeting hypothesis generation and assay prediction.
BenchSci inks multi-year partnership with Mila to develop AI for drug discovery | BetaKit
Collaboration aims to develop AI systems capable of biological inference and experimental assay prediction.
betakit.com
November 13, 2025 at 2:45 PM
BenchSci has partnered with @mila-quebec.bsky.social for a multi-year push into #AI for drug discovery. Specifically, they're targeting hypothesis generation and assay prediction.
Before Sonder's collapse, it spent nearly $4 million integrating with Marriot for what was supposed to be a 20-year deal.
Read BetaKit's full coverage to learn what SEC filings reveal about co-founder Martin Picard's recent departure.
Read BetaKit's full coverage to learn what SEC filings reveal about co-founder Martin Picard's recent departure.
Sonder collapses after spending nearly $3.7 million on now-defunct Marriott deal | BetaKit
Short-term rental company winding down operations "immediately" amid ongoing liquidity issues.
betakit.com
November 13, 2025 at 1:59 PM
Before Sonder's collapse, it spent nearly $4 million integrating with Marriot for what was supposed to be a 20-year deal.
Read BetaKit's full coverage to learn what SEC filings reveal about co-founder Martin Picard's recent departure.
Read BetaKit's full coverage to learn what SEC filings reveal about co-founder Martin Picard's recent departure.
Breaking: award-winning journalist Sarah Rieger (@sarahcrgr.bsky.social) joins as managing editor to lead the newsroom and grow @BetaKit.com’s nationwide tech coverage.
betakit.com/sarah-rieger...
betakit.com/sarah-rieger...
November 12, 2025 at 9:02 PM
Breaking: award-winning journalist Sarah Rieger (@sarahcrgr.bsky.social) joins as managing editor to lead the newsroom and grow @BetaKit.com’s nationwide tech coverage.
betakit.com/sarah-rieger...
betakit.com/sarah-rieger...
Montreal-based Stingray Group is acquiring TuneIn for up to $175 M USD.
The deal adds 75 M monthly users, 100 k+ stations/podcasts, and 200+ connected-device integrations.
The deal adds 75 M monthly users, 100 k+ stations/podcasts, and 200+ connected-device integrations.
Stingray to buy media streamer TuneIn for $175 million USD | BetaKit
San Francisco-based company will “significantly expand” Stingray’s global footprint.
betakit.com
November 12, 2025 at 7:56 PM
Montreal-based Stingray Group is acquiring TuneIn for up to $175 M USD.
The deal adds 75 M monthly users, 100 k+ stations/podcasts, and 200+ connected-device integrations.
The deal adds 75 M monthly users, 100 k+ stations/podcasts, and 200+ connected-device integrations.
Damien Steel is rejoining the #VC industry after leaving the top job at Montréal-based carbon capture startup Deep Sky earlier this year, heading to Whitecap Venture Partners to help raise its sixth venture fund.
Whitecap Venture Partners welcomes Damien Steel following his Deep Sky departure | BetaKit
OMERS Ventures veteran rejoins VC industry as Whitecap preps its sixth fund.
betakit.com
November 12, 2025 at 7:09 PM
Damien Steel is rejoining the #VC industry after leaving the top job at Montréal-based carbon capture startup Deep Sky earlier this year, heading to Whitecap Venture Partners to help raise its sixth venture fund.
St. John’s-based CoLab Software has raised $72 million USD ($101 million CAD) in Series C funding as demand balloons for its artificial intelligence (AI)-powered engineering collaboration tool.
betakit.com/colab-cashes...
betakit.com/colab-cashes...
CoLab cashes in on AI demand with $72-million USD funding round | BetaKit
Y Combinator alum claims more than 47,000 engineers are waitlisted for its AI-powered collaboration tool.
betakit.com
November 12, 2025 at 6:00 PM
St. John’s-based CoLab Software has raised $72 million USD ($101 million CAD) in Series C funding as demand balloons for its artificial intelligence (AI)-powered engineering collaboration tool.
betakit.com/colab-cashes...
betakit.com/colab-cashes...
Canada's #VC market was particularly bleak in the first half of 2025 but showed signs of life in Q3. More money flowed, the deals were bigger, but they went to fewer companies.
We break down the @cvca.bsky.social numbers (and take a look at PE investment):
We break down the @cvca.bsky.social numbers (and take a look at PE investment):
Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot | BetaKit
CVCA says rise in growth investment “a good sign” but early-stage VC activity continues to lag.
betakit.com
November 12, 2025 at 5:00 PM
Canada's #VC market was particularly bleak in the first half of 2025 but showed signs of life in Q3. More money flowed, the deals were bigger, but they went to fewer companies.
We break down the @cvca.bsky.social numbers (and take a look at PE investment):
We break down the @cvca.bsky.social numbers (and take a look at PE investment):
VCs are investing in AI tools. Thomas Terrats thinks they should use them, too.
Read about how Montréal’s Vessel and CIBC Innovation Banking are modernizing fund management.
Read about how Montréal’s Vessel and CIBC Innovation Banking are modernizing fund management.
“A shared mission.” CIBC Innovation Banking backs Vessel, modernizing the funds it finances | BetaKit
Montréal-based Vessel finds an institutional partner with a common vision.
betakit.com
November 12, 2025 at 4:00 PM
VCs are investing in AI tools. Thomas Terrats thinks they should use them, too.
Read about how Montréal’s Vessel and CIBC Innovation Banking are modernizing fund management.
Read about how Montréal’s Vessel and CIBC Innovation Banking are modernizing fund management.
Montréal-based Glowtify secures a $3.4-million CAD seed round as it looks to become the go-to platform for small marketing teams.
The all-equity round was co-led by Accelia Capital and Graphite Ventures.
The all-equity round was co-led by Accelia Capital and Graphite Ventures.
Glowtify hopes to equip e-commerce marketers for the holidays with $3.4-million seed round | BetaKit
Startup claims it hit $1 million CAD in revenue this year and wants to triple that next year.
betakit.com
November 12, 2025 at 3:30 PM
Montréal-based Glowtify secures a $3.4-million CAD seed round as it looks to become the go-to platform for small marketing teams.
The all-equity round was co-led by Accelia Capital and Graphite Ventures.
The all-equity round was co-led by Accelia Capital and Graphite Ventures.
Vancouver-based Vistara Growth has closed its fifth private credit fund at $321 million USD after a two-year fundraising process. Vistara has raised $700 million USD across its five funds since 2015.
Vistara Growth closes $321-million USD fund after “friend-raising to the max” | BetaKit
Fifth fund closes after 20-month raise that fell short of "ambitious" initial goal.
betakit.com
November 12, 2025 at 3:00 PM
Vancouver-based Vistara Growth has closed its fifth private credit fund at $321 million USD after a two-year fundraising process. Vistara has raised $700 million USD across its five funds since 2015.
Wealthsimple has teamed up with UK-based Wise to enable cross-border transfers from user chequing accounts: to 30 countries, in 10+ currencies.
Read more to learn what that means for users and Canada's #FinTech ecosystem 👇
Read more to learn what that means for users and Canada's #FinTech ecosystem 👇
Wise brings cross-border payments to Wealthsimple customers | BetaKit
Demand for cheaper, faster international transfers has grown in Canada.
betakit.com
November 12, 2025 at 2:23 PM
Wealthsimple has teamed up with UK-based Wise to enable cross-border transfers from user chequing accounts: to 30 countries, in 10+ currencies.
Read more to learn what that means for users and Canada's #FinTech ecosystem 👇
Read more to learn what that means for users and Canada's #FinTech ecosystem 👇
At SAAS NORTH, founders wrestled with relevance, results, and the new AI paradigm.
betakit.com/is-saas-dead...
betakit.com/is-saas-dead...
Is SaaS dead? Tech leaders debate whether it’s time for funeral or rebirth | BetaKit
At SAAS NORTH, founders wrestled with relevance, results, and the new AI paradigm.
betakit.com
November 11, 2025 at 7:24 PM
At SAAS NORTH, founders wrestled with relevance, results, and the new AI paradigm.
betakit.com/is-saas-dead...
betakit.com/is-saas-dead...
💡 Toronto’s NLPatent just raised $3M USD to bring AI to the world of patents. Its goal: become “the operating system" for how patent work gets done in the AI era.
NLPatent’s $3M USD raise helps it power patent research with AI | BetaKit
Former IP lawyer aims to help peers take advantage of agentic AI.
betakit.com
November 11, 2025 at 5:34 PM
💡 Toronto’s NLPatent just raised $3M USD to bring AI to the world of patents. Its goal: become “the operating system" for how patent work gets done in the AI era.