Recent Posts
Deals•Feb 26, 2026
Stay22 Raises $122M in Minority Growth Round From Summit Partners
Montreal-based travel content monetization startup Stay22 announced a $122 million USD minority growth investment from private equity firm Summit Partners, its first external funding since 2020. The all‑equity round will support Stay22’s expansion into retail link monetization and further growth of its creator‑focused platform.
BetaKit (Canada)
Deals•Feb 26, 2026
NordSpace Ventures Makes Strategic Corporate Investment in Canadian Space Data Firm Wyvern
Canadian aerospace company NordSpace launched its venture arm, NordSpace Ventures, and announced a strategic corporate investment in Edmonton-based space data company Wyvern. While the amount was not disclosed, the partnership aims to combine NordSpace’s launch capabilities with Wyvern’s advanced satellite...
BetaKit (Canada)
Deals•Feb 25, 2026
Padder Raises $2.5M CAD Seed Round Led by North Exit Ventures
Toronto-based insurtech startup Padder has closed a $2.5 million CAD seed round led by North Exit Ventures, with participation from Westdale Properties and angel investors. The capital will fund the launch of its guarantor‑as‑a‑service platform for Ontario landlords and tenants.
BetaKit (Canada)
Deals•Feb 18, 2026
AYK to Acquire Sheertex Maker in Quebec Hosiery Deal
Quebec-based hosiery company AYK announced it will acquire the maker of Sheertex, a leading ultra-strong tights brand. The undisclosed transaction aims to strengthen AYK's position in the North American hosiery market. The deal was announced on February 18, 2026.
BetaKit (Canada)
Deals•Feb 12, 2026
Zero Point Cryogenics Launches Its First Fundraising Round
Zero Point Cryogenics (ZPC), a Canadian maker of dilution refrigerators for quantum research, has announced the start of its first fundraising round. The round aims to fund the company's expansion and further development of quantum cryogenic technology. No amount or...
BetaKit (Canada)
Deals•Feb 10, 2026
Trust Science Acquires Lenders API to Build Canada’s First Industry‑Wide Fraud Defence System
Edmonton‑based Trust Science announced the acquisition of Toronto‑based Lenders API, creating Canada’s first industry‑wide fraud defence system for lenders. The deal, which closed last week, includes Lenders API’s technology, customers and data, though financial terms were undisclosed.
BetaKit (Canada)
Deals•Feb 10, 2026
Taiv Raises $13M in Series A Plus Round Led by IDC Ventures and Emerging Ventures
Canadian ad‑tech startup Taiv announced a $13 million USD funding round, dubbed a “Series A plus”, led by IDC Ventures and Emerging Ventures. Existing backers Y Combinator, Garage Capital, Pioneer Fund, Trillick Ventures and undisclosed angels also participated, bringing total capital...
BetaKit (Canada)
Deals•Feb 4, 2026
Vena Solutions to Acquire Acterys, Expanding Orchestrated Financial Planning
Toronto-based Vena Solutions announced it has signed a definitive agreement to acquire Australian FP&A platform Acterys. The cash‑and‑stock transaction, terms undisclosed, will combine Vena’s Excel‑native software with Acterys’ operational planning and Power BI integration to expand its orchestrated financial planning capabilities....
BetaKit (Canada)
News•Feb 3, 2026
A16z Speedrun-Backed OpenSesame Opens New Doors with Rebrand to General Magic
Toronto‑based OpenSesame, an a16z Speedrun alum, has rebranded as General Magic to specialize in agentic AI texting agents for insurers. The startup secured a large, undisclosed insurance client and claims its platform can reduce call volumes by 30% and save...
By BetaKit (Canada)
Deals•Feb 3, 2026
ESAB to Acquire Eddyfi for $1.45B
Maryland‑based welding equipment maker ESAB announced an agreement to acquire Quebec‑based non‑destructive testing provider Eddyfi for $1.45 billion. The deal, funded with cash, debt and equity, will keep Eddyfi’s workforce and headquarters in Québec City and is expected to close in...
BetaKit (Canada)
News•Feb 2, 2026
The Startup Bringing a Piece of America’s FinTech Stack to Canada
Slate, a Vancouver‑based fintech startup, has emerged from stealth to provide embedded lending infrastructure for Canadian SaaS platforms. Leveraging real‑time transactional data from payroll, POS and e‑commerce tools, Slate handles underwriting, compliance and capital provision through low‑code, API or full‑white‑label...
By BetaKit (Canada)
News•Feb 2, 2026
Ali Asaria’s Transformer Lab Launches Worldwide
Transformer Lab, the AI research platform created by Canadian veterans Ali Asaria and Tony Salomone, announced its worldwide launch alongside a successful pre‑seed round. Investors such as Hawktail, Ripple Ventures and Garage Capital participated, providing the capital needed to scale...
By BetaKit (Canada)
News•Feb 2, 2026
“Meditate and Stay Calm”: Hopper, Lightspeed CEOs on How to Survive as a Founder
At North Star in Montréal, Hopper CEO Frederic Lalonde and Lightspeed founder Dax Dasilva shared hard‑won lessons from building billion‑dollar businesses. They emphasized self‑care, especially meditation and yoga, as a leadership prerequisite and warned that founders must delegate to avoid...
By BetaKit (Canada)
Deals•Feb 2, 2026
Transformer Lab Raises Undisclosed Pre‑seed Round From Hawktail, Ripple Ventures and Garage Capital
Canadian AI platform Transformer Lab announced a pre‑seed fundraising round led by Hawktail, Ripple Ventures and Garage Capital, though the amount was undisclosed. The funding will support the platform’s worldwide launch and further development of its unified AI research operating...
BetaKit (Canada)
Deals•Feb 2, 2026
Slate Raises $1.3M CAD Pre‑seed Round Led by N49P and North Exit Ventures
Canadian fintech startup Slate announced a $1.3 million CAD pre‑seed financing round led by N49P and North Exit Ventures. The funding will support Slate’s embedded lending infrastructure for Canadian SaaS platforms. Slate launched out of stealth in early 2026.
BetaKit (Canada)
News•Jan 30, 2026
Arlene Dickinson and Amber Mac Sever Ties with Gander Social
Arlene Dickinson and Amber Mac announced they are no longer advisors to Gander Social just one day before the company’s crowdfunding campaign was set to close. Both posted on LinkedIn, while Gander’s CEO Ben Waldman said neither had finalized an...
By BetaKit (Canada)
News•Jan 30, 2026
Canada and Alberta Announce 27 New Projects to Expand High-Speed Internet Access
Canada and Alberta unveiled 27 new broadband projects aimed at delivering high‑speed internet to 83,600 homes across 759 communities, including 3,488 Indigenous households. The initiative is funded with $373.6 million, split among the provincial government, the federal government, and private service...
By BetaKit (Canada)
News•Jan 30, 2026
For This Flying Robot Company, Student Internships Trump Senior Engineers
Avestec Technologies, a Canadian maker of flying inspection robots, has shifted its talent strategy from senior hires to student interns. Partnering with the ICTC’s Work Integrated Learning (WIL) Digital program, the firm brings on three to four interns each semester,...
By BetaKit (Canada)
News•Jan 30, 2026
Canada’s Cybersecurity Startups Have No Room for Error
Metropolitan Technologies, a Toronto‑based cybersecurity startup, has built an operational‑technology platform that secures critical‑infrastructure assets such as mines, energy grids, water treatment plants, and transportation networks. The company graduated from Rogers Cybersecure Catalyst’s eight‑month Cyber Challenge, receiving $20,000 in non‑dilutive...
By BetaKit (Canada)