ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand
The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
Venture studio AXL appoints fellows from Nvidia, NASA, Samsung
First cohort of senior U of T scientists aims to bolster studio’s industry expertise.
SBQuantum wants to help the world navigate in a post-GPS era
Québec deeptech startup sends quantum sensor into space to monitor Earth’s magnetic field.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Wealthsimple gets regulatory approval to enter prediction markets
Toronto FinTech clears initial hurdle to enter controversial trading category popularized by Kalshi and Polymarket.
Chexy raises $14 million Series A led by Khosla Ventures
Rewards platform to expand from rent rewards into broader payments platform.
OpenText lays off four percent of its global workforce
Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
Online legal database CanLII and AI startup Caseway settle copyright dispute
Settlement terms are confidential but both parties say they will move forward independently.
BKR Capital secures initial $20 million for second Black Innovation Fund
Firm aims to address growing VC funding gap for Black founders in Canada.
Canadian companies make their case at Nvidia’s GTC conference
Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
Five Canadian scaleups crack Thrive Top 50 AgTech Companies list
4AG Robotics, BinSentry, among companies recognized as “most innovative scaleups.”
1Password launches new platform to rein in companies’ AI agents
Unified Access Platform helps businesses deploy autonomous AI without losing control of credentials.
Tailscale makes first acquisition with Border0 purchase
Corporate VPN startup will expand Vancouver footprint as it absorbs entire Border0 team.
Feds commit nearly $225 million to advance Canada’s sovereign space launch capabilities
Ottawa bets on Canadian rocket launches with $200-million Canso spaceport deal and more for new grants.