Clutch Launches BC Facility to Accelerate Western Canada Expansion

Clutch Launches BC Facility to Accelerate Western Canada Expansion

Toronto-based Clutch, an online used car retailer, has resumed its expansion in Western Canada by opening a new 30,500-square-foot facility in Richmond, British Columbia. This…

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NordSpace Commences Construction of New Atlantic Spaceport Complex in Newfoundland

NordSpace Commences Construction of New Atlantic Spaceport Complex in Newfoundland

NordSpace, based in Markham, Ontario, has commenced construction on the site for Canada’s inaugural commercial space launch, scheduled for later this month in Newfoundland. The…

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OpenText Replaces CEO Mark Barrenechea Amid Potential Sale of "Non-Core Assets"

OpenText Replaces CEO Mark Barrenechea Amid Potential Sale of “Non-Core Assets”

OpenText has replaced CEO and CTO Mark Barrenechea, initiating a search for a new CEO and considering the sale of non-core assets. In the interim,…

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Zenbooks Co-Founder Launches OpenSME to Unite Canadian Small Businesses for Open Banking

Zenbooks Co-Founder Launches OpenSME to Unite Canadian Small Businesses for Open Banking

Eric Saumure, co-founder and principal of Ottawa accounting firm Zenbooks, has initiated a volunteer campaign to pressure the federal government to implement open banking in…

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How Canada Can Lead in Space and Save the World

How Canada Can Lead in Space and Save the World

This week, enjoy a special summer showcase with highlights from the BetaKit Town Hall: Most Ambitious event in June. What highlights can you expect? A…

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Propel Achieves Record Quarter as Thinkific Targets Larger Customers in Q2

Propel Achieves Record Quarter as Thinkific Targets Larger Customers in Q2

In 2021, two Canadian tech companies went public on the Toronto Stock Exchange: Toronto’s FinTech company, Propel Holdings, and Vancouver’s Thinkific Labs, specializing in online…

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Ripple to Acquire Stablecoin Payments Platform Rail for $275 Million CAD

Ripple to Acquire Stablecoin Payments Platform Rail for $275 Million CAD

Ripple, a cryptocurrency company based in San Francisco, has acquired Toronto’s stablecoin payments infrastructure startup Rail for $200 million USD ($275 million CAD) through cash…

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Harvey Expands AI Legal Platform to Canada with New Toronto Office

Harvey Expands AI Legal Platform to Canada with New Toronto Office

San Francisco-based generative AI scaleup Harvey is launching a new hub in Toronto this October to bolster its Canadian growth and broader product development plans.…

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Cohere Promotes Security and Productivity with North Enterprise AI Platform Launch

Cohere Promotes Security and Productivity with North Enterprise AI Platform Launch

Toronto-based Cohere has fully launched its agentic AI platform to attract security-focused enterprises. After beginning with an early access program, the platform, called North, enables…

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