National AI institutes get funding and talent boost from AI strategy
Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.
Briefs
Fast reads on important moves.
Concise updates on funding, launches, acquisitions, partnerships, and milestones across Canadian tech.
Send a tip
Have funding, launch, acquisition, partnership, or milestone news we should know about?
Submit a tip
Inovia promotes Mia Morisset to partner on growth team
MontrĂ©al VC firmâs third growth fund has raised $365 million USD of $450-million target.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Linux Association of Canada launches national open-source library
Library hopes to provide access to open-source software developed mainly in Canada.
Cohere says it is not working with Palantir
Toronto AI company says it has no relationship with US firm, despite reports of a partnership.
Calgaryâs SensorUp closes growth financing led by Pender Ventures
Financing will go toward scaling SensorUPâs agentic operations platform.
Stablecoins will eventually âleapfrogâ real-time rail payments, finance leaders say
Panelists at the 2026 Canadian Finance Summit agreed that stablecoins present better value than RTR payments.
Mecka AI announces $60 million USD to power physical AI
Canadian-led startup aims to build âthe data and deployment layerâ for robotics.
Canadian government gains access to Anthropicâs powerful Mythos model
Anthropic has kept Mythos in limited release amid concerns hackers could exploit the model.
Robinhood officially enters Canada, following WonderFi acquisition
WonderFiâs president and CEO departed following the close of the deal.
Version One Ventures raises $108 million USD across two new funds
But Vancouver-based deep tech investor is increasingly looking outside of Canada.
Leaked draft of Canadaâs AI strategy reportedly reveals plans for tech growth fund
Draft policy promises more funding for AI Compute Access Fund and Canada’s network of AI institutes.
Canadian B2B software firms are falling behind in agentic AI: report
Georgian survey shows domestic companies lag international peers in âfoundationalâ AI adoption.
Ontario universitiesâ report says schools must help students use AI properly
Post-secondaries need more money and expertise to deal with AI shift, Council of Ontario Universities says.
Arteria AI CEO Shelby Austin is wary of Canada naming national tech champions
Austin argues the country needs to âwiden our apertureâ and let the market pick winners.