Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
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Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
Toronto-based company says it is now “dramatically easier and faster” for American drone companies to sell directly to the military.
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SRTX and Oomira’s Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like
Canadian VCs agree there’s an education gap for founders negotiating term sheets for the first time.
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Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
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Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
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Canada’s former open banking lead joins FinTech startup Brim Financial
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.
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Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
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Helping service animals catch a ride
Uber is tackling trip refusals through policy, information, and inclusive product design.
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GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
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Cohere to open South Korean office, expand AI offerings in Asia Pacific
Enterprise AI developer partnered with tech giant LG and South Korean government for AI diplomacy program.
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Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator
Toronto-based company has raised $154 million since founding in 2023.
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Pharmacy AI agent Asepha raises $4 million USD to double staff and open New York office
Asepha answers the phone and files prescriptions so your pharmacist doesn’t have to.
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Tailscale CEO Avery Pennarun says pressure to adopt AI has created a “Wild West” for corporate cybersecurity
Pennarun wants companies to stop putting their private API servers on the public internet.
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An AI strategy is no longer optional for Canadian startups
Plus: Hanna Zaidi joins BetaKit’s board of directors.
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MTatt takes home top prize at Startupfest 2025 as winnings exceed $1 million for the first time
Medtech startup mTatt won both Best of Fest and Audience Choice awards.
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Market recovery Canadian VCs expected still on the horizon, experts say at Startupfest
A persistently cool exit market and middling returns are preventing cash from re-entering the market, data shows.
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Elon Musk’s new party, Canada’s AI adoption, and Clutch cracks $1 billion
Test your knowledge of Canadian tech news with The BetaKit Quiz for July 11, 2025.
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Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at ScaleAI event
Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
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Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round
COO Abraham Burak left the University of Ottawa to launch the billion-dollar business.
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No meetings, no mandates: Inside Intuit’s five-day innovation week for technologists
During Intuit’s Global Engineering Days, teams transform ideas into solutions for millions.
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