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Amid global uncertainty, the path forward is clear: Canada’s moment to build is now.
BetaKit Most Ambitious is back, telling stories of nearly 100 Canadian innovators strengthening our nation’s autonomy, security, and prosperity.
Read it now: bit.ly/4f0Wl2a
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Ex-Vanguard exec aims to launch Canada’s first investment dealer solely focused on prediction markets. #FinTech #CDNtech betakit.com/ex-vanguard-exec…
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.@onesiliconchip is building photonic sensors for situations where GPS doesn't always work: conflict zones, dense cities, farms. The goal is to help autonomous vehicles and robots keep navigating even when GPS gets “funky," or stops working entirely.
betakit.com/oscp-closes-6-mi…
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The council brings together 13 public and private stakeholders to advise the government on the evolution of its "AI for All" strategy.
Members include @professor_ajay, @Yoshua_Bengio, @tompitfield, and others.
betakit.com/federal-governme…
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Toronto AI startup @peripheral_labs has brought on former @RealityLabs head of product @ShaunCarrigan as its first chief product officer.
betakit.com/peripheral-hires…
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Alberta has been aggressively pursuing data centre development, and it seems to be working. But as more companies eye the province as a place to set up shop, municipalities are grappling with how to balance development with public concern.
betakit.com/alberta-municipa…
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New repayable federal funding will help H2 Analytics improve the quality and “realism” of its defence training platform and open the door to international opportunities. betakit.com/h2-analytics-sec…
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Femtum is opening its new $2.1-million headquarters inside Québec City’s Metropolitan Technology Park. The factory expands Femtum’s footprint sixfold and significantly boosts the company’s production capacity.
betakit.com/femtum-opens-new…
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.@Grindr increasingly wants to be more than a dating app.
Its planned acquisition of @Go__Freddie would bring telehealth, HIV testing, PrEP, pharmacy operations, and patient support into a healthcare business Grindr only launched last year.
betakit.com/telehealth-compa…
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Wellstar raised $148M and bought two medical billing companies before hitting the public markets. Now, it has to prove the standalone software business can justify the strategy.
betakit.com/well-health-soft…
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.@TransluceAI discovered several incidents where AI agents appeared to use “aggressive techniques” to access publicly available data on Canadian government websites.
The government says there's no indication they were successful "at this time."
betakit.com/no-indication-ai…
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CRC says the facility will help anchor its vision to build a sovereign alternative to @SpaceX’s Falcon 9 that's capable of carrying 12,000-kilogram payloads into space.
betakit.com/canada-rocket-co…
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.@rewind started as a Shopify backup app. Now it has 25,000 customers and wants to “back up the entire cloud and restore it in seconds" after PE firm H.I.G. Growth Partners took majority ownership.
betakit.com/rewind-ceo-mike-…
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Today's edition of The BetaKit Newsletter explores the areas where Indigenous tech is setting the pace.
Plus:
📈 @AnthropicAI’s curious IPO filing
🇨🇦’s top-growing companies
🐇 A @hopper co-founder departs
betakit.com/setting-the-pace…
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Bridge Impact AI uses Indigenous-sourced data to provide resources for reconciliation practices. betakit.com/with-launch-of-n…
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“We don’t want these language models to be trained on our languages and culture and then sold back to us as a product.”
Q&A: @Animikii’s Jeff Ward on the Indigenous data sovereignty movement. #DataBack betakit.com/qa-animikiis-jef…
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A new Toronto Metropolitan University (@TorontoMet) report shows that Indigenous people are using #AI at nearly twice the rate of their non-Indigenous colleagues in some areas of the workplace.
betakit.com/workplace-ai-ado…
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Most rec basketball leagues give you a schedule and (maybe) a jersey. @brodierec aims for a pro-style experience with stats, streamed games, and highlight clips.
The company is growing, and aims to be in 100 NA cities by the end of next year.
betakit.com/how-brodie-rec-i…
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Earlier this year, @plurilock cut executive roles and compensation while deliberately pulling back from lower-margin resale activity. Now, @QEM_Corp wants to bring the company into a broader Canadian cybersecurity platform.
betakit.com/quantum-emotion-…
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After eight years at @GeneralFusion, Henry Gould has started his own company, Daedal Systems, to make a standardized component for fusion power companies.
betakit.com/ex-general-fusio…
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At @nrthtechCA last week, Sentinel R&D's Kath Intson said her company is “selling directly to the Ukrainians.” This is separate from previous deals, but Sentinel won't clarify if the new customers are the Ukrainian government, military, or private firms.
betakit.com/sentinel-rd-ceo-…
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