An official account of the Ontario Ministry of Economic Development, Job Creation and Trade. Terms of use: https://xitter.cf/t.co/Gmca68sPSs. En français : @ontinnove
Ontario, Canada
Joined April 2010
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Ontario Innovation retweeted
[1/2] 1 week left to apply!
The Critical Technology Initiatives (CTI) is calling on Ontario’s not‑for‑profit innovators to apply and help accelerate the development, adoption, and commercialization of critical technologies.
ALT Title: Accelerating technology innovation in Ontario. Protect Ontario.
Ontario Innovation retweeted
[1/2] Ontario is boosting innovation through the Critical Technology Initiatives (CTI), and calling on not‑for‑profit organizations to lead the charge.
ALT Title: Accelerating technology innovation in Ontario. Protect Ontario.
Ontario Innovation retweeted
[1/2] The Critical Technology Initiatives (CTI) is now accepting applications from Ontario-based not‑for‑profits supporting the development, adoption, and commercialization of critical technologies in key sectors.
ALT Title: Accelerating technology innovation in Ontario. Protect Ontario.
Ontario Innovation retweeted
[1/2] Through the Critical Technology Initiatives (CTI), Ontario is accelerating innovation.
If your organization helps SMEs develop, commercialize, or adopt critical technologies in key sectors, this is your chance to make a province‑wide impact.
ALT Title: Accelerating technology innovation in Ontario. Protect Ontario.
Toronto’s FinTech firm @Wealthsimple has been recognized for its “transformative impact” on Canadian financial services in 2025.
.@ElevateTechCA CEO @LisaZarzeczny said @Wealthsimple was chosen partly for its commitment to bringing sophisticated financial tools to the masses through technology.
betakit.com/wealthsimple-nam…
Toronto AI company @Cohere has reached $325M CAD in annual recurring revenue, surpassing its targets.
.@Cohere reportedly soars past revenue target with $240-million USD in annual recurring revenue. #CDNtech
betakit.com/cohere-reportedl…
Toronto’s healthtech company ‘Science&Humans’ secures $10M CAD in funding. The company provides software that gives people digital access to personalized treatment for hormone health imbalances.
After seven years of bootstrapping, telemedicine platform Science&Humans has turned to #VC, raising $10 million as patients increasingly seek treatment for things like weight management, hair growth, and sexual health.
betakit.com/sciencehumans-ra…
Toronto’s @portageinvest raises $389M CAD to oversee fintech assets of US VC firm @p72vc in $389M CAD continuation vehicle.
.@portageinvest is expanding its investment strategy with an agreement to oversee the #FinTech assets of American #VC firm @p72vc, which is backed by @GoldmanSachs and @StevenACohen2.
betakit.com/portage-strikes-…
Toronto-based @KeplerComms has become the first company in the world to launch a low‑earth orbit satellite system on an optical relay network.
With the successful launch, @KeplerComms is now the first company in the world to deploy a low-earth orbit satellite system based on an optical relay network, beating out similar projects from big names like @amazon and @Starlink.
betakit.com/kepler-makes-his…
Toronto’s @CyclicMaterials secured $103M CAD to scale rare earth recycling across US, EU, expand R&D in Canada, with sourced inputs for AI, defense, robotics, EVs, manufacturing.
Cleantech company Cyclic Materials has closed a $75 million USD Series C round, to fund its recycling of rare earth elements. betakit.com/cyclic-materials…
Toronto-based @Waabi_ai raises $1.02B CAD, largest Canadian tech raise, advancing autonomous trucking & entering robotaxis market.
Years after leaving @Uber, @RaquelUrtasun is once again developing robo-taxis with the ride-hailing giant, after the largest funding round in #CDNTech history.
“Self-driving is happening,” the @Waabi_ai founder told us. “The technology is ready now."
betakit.com/waabi-lands-750-…
TO’s @1Password hit $400M USD annual recurring revenue.
.@1Password CEO David Faugno says the company "could be public today."
The cybersecurity software company passed $400 million USD in ARR this year after a significant executive shakeup, and is now prepping for its #AI era (and perhaps a potential IPO?)
betakit.com/we-could-be-publ…
Ottawa’s @augmentt_com secures $18M to enhance cybersecurity tools for managed service providers.
.@augmentt_com, co-founded by former @Nable leaders @derikbelair and Gavin Garbutt, has closed an $18M Series A round. The #SaaS company specializes in security automation for managed service providers.
betakit.com/ottawa-startup-a…
TO’s myAbode acquired @firstlistco, integrates exclusive realtor listing tools and explores AI-driven solutions.
Real estate tech platform myAbode has acquired @firstlistco, a listing tool for real estate agents and is adding the Toronto firm’s co-founders Derek Hooper and @andrewpaliga to its executive team. betakit.com/real-estate-plat…
Canada backs TO’ quantum leader @XanaduAI with up to $23M to build a fault-tolerant quantum computer.
The feds will give 4 Canadian quantum firms—@XanaduAI, Nord Quantique, Photonic, and @anyonsys up to $23 million each as part of a new program meant to keep the companies in Canada.
Stay tuned to BetaKit for more from this developing story.
betakit.com/canada-launches-…
Toronto’s @cybrid_xyz closes $10M USD Series A round to bring stablecoins to the business mainstream.
Toronto-based payments startup Cybrid has raised a $10-million USD Series A round to bring its stablecoin payment infrastructure to more enterprise clients, including Canada’s financial institutions.
betakit.com/cybrid-closes-10…
Toronto’s @transcrypts_,founded at @UTSC, raises $20M to expand blockchain record verification in Toronto.
🚨 Funding news: Canadian-founded blockchain startup @transcrypts_ has raised ~$20 million CAD in seed funding.
📊 Today:
• 4M+ users
• 450+ enterprise customers
• HIPAA-certified in the U.S.
betakit.com/mark-cuban-backe…
Toronto’s @Wealthsimple doubles valuation to $10B with a $750M raise, led by Dragoneer, GIC, CPP.
Toronto #FinTech firm @Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, @cppinvestments. #CDNtech betakit.com/wealthsimple-hit…
Toronto’s @radicalvcfund, known for backing Cohere and Waabi, closed +$900M fund to invest in early-stage AI.
Radical Ventures closes $650-million early-stage AI fund theglobeandmail.com/business…
.@ip_ontario released a free online IP Toolkit to help Ontario entrepreneurs and researchers better understand and use IP.
NEWS RELEASE: Ontario launches free IP education tools to help businesses innovate and grow
We have launched a practical online platform designed to help Ontario-based entrepreneurs and researchers better understand and use #IP to achieve their business goals. Freely available to innovators across the province.
Learn more: ip-ontario.ca/news/ontario-l…
