Clio’s record-breaking funding round explains 2024’s public market exodus
Canadian tech companies tapped out of the public markets, but there’s a growing list waiting for their IPO moment.
Deep Sky secures $40-million USD grant from Gates-founded Breakthrough Energy Catalyst
Carbon-capture startup selected Innisfail, Alberta as the site for its first-ever facility in August.
Realize Capital Partners reveals second round of support for impact-focused funds
Backed by Social Finance Fund, Realize’s latest investments include Amplify, Misfit, and Thrive Impact.
Paystone to acquire fellow payments processor Ackroo for $21 million
The last time Ackroo stock was valued at the purchase price of $0.15 per share was November 2021.
The Canadian Space Mining Corporation thinks it can put a nuclear reactor on the moon by 2029
Company has signed an MOU to licence SLOWPOKE-2, a Canadian-made reactor that could power future lunar operations.
Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members
Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.
TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”
Social media giant describes conflicting instructions during national security review.
Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech
British-Canadian calls for “urgent and forceful attention” to combat AI safety risks at Stockholm ceremony.
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
Trexo Robotics has helped children with disabilities take 100 million steps
Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions.
BDC launches program to help small businesses access financing to adopt AI
Program includes cybersecurity assessment and workflow automation assistance.
BC Securities Commission fines ezBtc owner $18.4 million over crypto fraud
CBSC previously found crypto platform had diverted one-third of customer deposits to personal accounts.
Canada Post strike didn’t slow Shopify’s record-breaking BFCM weekend
Shopify merchants drove $11.5 billion USD in sales over the weekend, eclipsing last year by more than $2 billion.
Online brokerage Questrade lays off undisclosed number of employees
Questrade appears to have quietly exited digital mortgage business around same time Wealthsimple entered it.
Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.