Kraken Robotics emerges from the deep to take top spot on 2025 TSX Venture 50 list
The mining sector dominated the list, with a combined 12 tech companies making the cut.
Ocean innovator and Kraken Robotics founder Karl Kenny passes away at age 64
Kenny founded numerous Atlantic Canada tech companies before retiring in 2022.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
Photonic claims breakthrough in quantum computing error correction
Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.
Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund
Commitment marks the 10th investment from the federal government’s clean energy investment fund to date.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were “misleading.”
Clutch recovers valuation and eyes growth with $50-million Series D round
Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.
Crowd Control: PixMob lit up this year’s Super Bowl stands
PixMob helped Kendrick Lamar tell Drake “game over” during Sunday’s halftime show.
Thomson Reuters launches second Corporate Venture Capital Fund with $215 million
TRV continues to target Series A investments in its legal, tax, and accounting focus areas.
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
San Francisco-based Landbase taps Canadian roots with acquisition of LavaReach
Bootstrapped startup’s co-founders will join the AI-powered go-to-market solutions company.
Federal government launches $175.1 million Canadian Genomics Strategy to advance sector commercialization
Funding for strategy first announced in Budget 2021 to be dispensed over seven years.