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Updated: 21 hours 34 min ago

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

Rave takes fight with Apple over App Store removal to Canada’s Competition Tribunal

Tue, 05/12/2026 - 13:21

Ontario startup also pursuing legal action in the US, Brazil, the Netherlands, and Russia.

The post Rave takes fight with Apple over App Store removal to Canada’s Competition Tribunal first appeared on BetaKit.

Categories: Technology news

Canadian-founded Opennote acquired by San Francisco-based Reducto

Tue, 05/12/2026 - 12:44

Reducto says it will bring on the Y Combinator alum’s entire team.

The post Canadian-founded Opennote acquired by San Francisco-based Reducto first appeared on BetaKit.

Categories: Technology news

The BetaKit Guide: Toronto Tech Week 2026

Tue, 05/12/2026 - 12:40

Your cheat sheet to one of the busiest weeks in Toronto tech.

The post The BetaKit Guide: Toronto Tech Week 2026 first appeared on BetaKit.

Categories: Technology news

Web Summit Vancouver opens with tech’s biggest question: who owns the future?

Tue, 05/12/2026 - 12:09

Conference poses questions over the AI revolution, Canadian sovereignty, and the rules shaping what comes next.

The post Web Summit Vancouver opens with tech’s biggest question: who owns the future? first appeared on BetaKit.

Categories: Technology news

Photonic secures $2-billion USD valuation after final close of $200-million financing

Tue, 05/12/2026 - 11:45

Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization.

The post Photonic secures $2-billion USD valuation after final close of $200-million financing first appeared on BetaKit.

Categories: Technology news

Why IP is a founder’s most powerful growth tool

Tue, 05/12/2026 - 07:00

Delvinia founder and CEO Adam Froman on why Canadian IP needs a rethink.

The post Why IP is a founder’s most powerful growth tool first appeared on BetaKit.

Categories: Technology news

Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide

Tue, 05/12/2026 - 06:00

With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally.

The post Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide first appeared on BetaKit.

Categories: Technology news

“Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC

Mon, 05/11/2026 - 15:59

Projects include upscaling existing Kamloops data centre and two new, Vancouver-based centres.

The post “Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC first appeared on BetaKit.

Categories: Technology news

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