Clio tops $500 million USD in ARR as AI reshapes the legal market | BetaKit
CEO Jack Newton sounds off on revenue inflation and weathering the SaaSpocalypse. Burnaby, BC-based legaltech company Clio announced on…
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Ian Crosby is back with a new accounting startup for the agentic AI era | BetaKit
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic. Ian Crosby is on his third accounting startup,…
Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide | BetaKit
With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally. The average person…
Ontario government invests $5 million into life sciences and healthtech startups | BetaKit
Kare Chemical Technologies, Myomar Molecular, Stoked Bio, among the recipients. The Government of Ontario is investing another $5 million…
Biopharma giant Sanofi to grow Toronto presence with expanded AI centre | BetaKit
French company says $294-million investment will create 50 new jobs. Sanofi announced on Monday that it is investing $294…
Cohere to acquire Germany’s Aleph Alpha in sovereign AI play | BetaKit
Combined company will bear Cohere name with Aidan Gomez leading as CEO. Toronto-based AI scaleup Cohere announced Friday morning…
Biossil exits stealth with $70 million USD to give failed medicines a second chance | BetaKit
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers. Toronto-based biotech startup Biossil has exited stealth…
Motorola acquires AI-based 911 call screening startup Hyper | BetaKit
Deal comes less than a year after Hyper exited stealth. Toronto- and San Francisco-based Hyper, which uses AI to…
NGen announces nearly $80 million for Canadian manufacturers to adopt AI | BetaKit
Funding comes from industry partners and through Pan-Canadian AI Strategy. Canada’s public and private sectors are funding AI’s introduction…
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse” | BetaKit
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market. Canadian technology investors are…
MaRS Impact Health returns to showcase Canada’s next big healthcare breakthroughs | BetaKit
Annual summit highlights Canada’s promising life science and healthtech startups on April 23. In one month, Toronto will play…
Online legal database CanLII and AI startup Caseway settle copyright dispute | BetaKit
Settlement terms are confidential but both parties say they will move forward independently. The Canadian Legal Information Institute (CanLII)…
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI | BetaKit
Two Small Fish backs U of T spinout’s logging infrastructure technology. As AI agents put an ever-growing strain on…
Opinion: Canada could still win the AI race | BetaKit
AI experts argue the country’s structural advantages are finally becoming urgent strategic assets. Dr. Alejandro Adem is president of…
Walter acquired by Legora as legaltech sector consolidation continues | BetaKit
Walter team will join Swedish giant to rebuild company’s core technology into Legora’s platform. Vancouver-based legal AI startup Walter…
Google for Startups Accelerator reveals 14 “AI-driven” Canadian cohort | BetaKit
Class of 2026 marks the first time 10-week program has hosted a startup from Sudbury. The Google for Startups…
NationGraph raises $18 million USD to bring AI to the black box of government contracting | BetaKit
Canadian co-founded startup is building AI intel platform for teams selling to governments. As large-language models get better at…
Opinion: The quiet militarization of Canadian AI | BetaKit
Canadian AI styles itself as ethical but is reorienting towards military and dual-use technology. Mélina Poulin is a PhD…