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Canadian Tech & Startup News
Updated: 4 hours 49 min ago

Harjit Sajjan reports for duty

Fri, 05/15/2026 - 19:17

After decades in public service, former defence minister Harjit Sajjan is now a defence-tech entrepreneur.

The post Harjit Sajjan reports for duty first appeared on BetaKit.

Categories: Technology news

SaaSpocalypse now? These founders don’t think so.

Fri, 05/15/2026 - 15:43

At Web Summit, founders see the future of SaaS embracing as agentic AI, rather than being destroyed by it.

The post SaaSpocalypse now? These founders don’t think so. first appeared on BetaKit.

Categories: Technology news

Inside ventureLAB’s bid to bring AI to Ontario’s critical industries

Fri, 05/15/2026 - 14:23

The Critical Industrial Technologies initiative helps Ontario’s SMEs move from working pilot to working business.

The post Inside ventureLAB’s bid to bring AI to Ontario’s critical industries first appeared on BetaKit.

Categories: Technology news

Quantum startup Nord Quantique secures $1.4-billion USD valuation

Fri, 05/15/2026 - 11:40

Québec-based company is one of Canada’s leaders in quantum computing.

The post Quantum startup Nord Quantique secures $1.4-billion USD valuation first appeared on BetaKit.

Categories: Technology news

Nuclear fusion powerplant could be running by 2035, General Fusion CEO says

Thu, 05/14/2026 - 17:36

The nuclear fusion company isn’t worried about going public as a pre-revenue company

The post Nuclear fusion powerplant could be running by 2035, General Fusion CEO says first appeared on BetaKit.

Categories: Technology news

Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report

Thu, 05/14/2026 - 17:26

Revenue mainly came from US DARPA quantum program, with support from Canadian government as well.

The post Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report first appeared on BetaKit.

Categories: Technology news

How Alberta solved its nurse licence bottleneck with homegrown tech

Thu, 05/14/2026 - 16:43

Punchcard Systems is helping to cut public sector red tape.

The post How Alberta solved its nurse licence bottleneck with homegrown tech first appeared on BetaKit.

Categories: Technology news

Feds back new group embedding graduate researchers with Canadian companies

Thu, 05/14/2026 - 16:18

TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.

The post Feds back new group embedding graduate researchers with Canadian companies first appeared on BetaKit.

Categories: Technology news

CMC Microsystems picks 11 winners for $10.7-million edge computing challenge

Thu, 05/14/2026 - 14:25

Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.

The post CMC Microsystems picks 11 winners for $10.7-million edge computing challenge first appeared on BetaKit.

Categories: Technology news

Goldman Sachs to acquire Canadian data centre platform QScale

Thu, 05/14/2026 - 12:24

QScale founders will continue to run the business, which will keep its Québec headquarters.

The post Goldman Sachs to acquire Canadian data centre platform QScale first appeared on BetaKit.

Categories: Technology news

Telecom software startup Gaiia secures $40-million USD Series B round

Thu, 05/14/2026 - 11:57

Québec City spin-out of Oxio sells software for challenger telecoms.

The post Telecom software startup Gaiia secures $40-million USD Series B round first appeared on BetaKit.

Categories: Technology news

Clio tops $500 million USD in ARR as AI reshapes the legal market

Thu, 05/14/2026 - 11:28

CEO Jack Newton sounds off on revenue inflation and weathering the SaaSpocalypse.

The post Clio tops $500 million USD in ARR as AI reshapes the legal market first appeared on BetaKit.

Categories: Technology news

Inside the Calgary medtech company born from one man’s determination to treat his own son

Thu, 05/14/2026 - 06:30

Saving Adam was the first mission. Selling the science is the next.

The post Inside the Calgary medtech company born from one man’s determination to treat his own son first appeared on BetaKit.

Categories: Technology news

Ian Crosby is back with a new accounting startup for the agentic AI era

Thu, 05/14/2026 - 06:00

Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic.

The post Ian Crosby is back with a new accounting startup for the agentic AI era first appeared on BetaKit.

Categories: Technology news

Top Down closes VC fund aimed at “invisible infrastructure” of the global economy

Wed, 05/13/2026 - 15:09

Vancouver firm beats $25-million USD target for fund backing early-stage MSP and AI startups.

The post Top Down closes VC fund aimed at “invisible infrastructure” of the global economy first appeared on BetaKit.

Categories: Technology news

UniUni to reportedly go public on TSX in $1-billion USD SPAC deal

Wed, 05/13/2026 - 13:32

BC-based last-mile delivery firm says it could pass $1 billion USD in sales this year.

The post UniUni to reportedly go public on TSX in $1-billion USD SPAC deal first appeared on BetaKit.

Categories: Technology news

Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture

Wed, 05/13/2026 - 08:51

Sustainable AI Group aims to help enterprises manage AI’s environmental impact.

The post Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture first appeared on BetaKit.

Categories: Technology news

AI investment firm DevCap closes $5 million as it eyes public listing

Wed, 05/13/2026 - 06:01

10 startups in, the poker players-turned-VCs behind the firm unpack its progress and plans.

The post AI investment firm DevCap closes $5 million as it eyes public listing first appeared on BetaKit.

Categories: Technology news

Canadian VC sees lowest quarterly deal count in nearly a decade

Wed, 05/13/2026 - 06:00

CVCA report says growth capital constriction may push more companies to other funding outlets.

The post Canadian VC sees lowest quarterly deal count in nearly a decade first appeared on BetaKit.

Categories: Technology news

Feds announce $66 million for 44 businesses through AI Compute Access Fund

Tue, 05/12/2026 - 15:48

Program offers financial support to subsidize costs to commercialize or scale AI projects.

The post Feds announce $66 million for 44 businesses through AI Compute Access Fund first appeared on BetaKit.

Categories: Technology news

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