Tailscale CEO Avery Pennarun says pressure to adopt AI has created a “Wild West” for corporate cybersecurity
Pennarun wants companies to stop putting their private API servers on the public internet.
Canadian Startup News
MTatt takes home top prize at Startupfest 2025 as winnings exceed $1 million for the first time
Medtech startup mTatt won both Best of Fest and Audience Choice awards.
Market recovery Canadian VCs expected still on the horizon, experts say at Startupfest
A persistently cool exit market and middling returns are preventing cash from re-entering the market, data shows.
Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event
Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round
COO Abraham Burak left the University of Ottawa to launch the billion-dollar business.
No meetings, no mandates: Inside Intuit’s five-day innovation week for technologists
During Intuit’s Global Engineering Days, teams transform ideas into solutions for millions.
Manzil wants to become “the North American Islamic neobank” as it expands to the US
Toronto FinTech startup sets its sights south of the border post-Aghaz acquisition.
Founders need a good reason to forgo an AI strategy, VCs warn at Startupfest
Investors say proving long-term differentiation is more important than ever as AI saturates the market.
Opennote raises $850,000 USD, secures Y Combinator spot for edtech platform
The three student founders plan to build stateside.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
OpenText CFO Chadwick Westlake to succeed the late Andrew Moor as CEO of Equitable Bank
Westlake was being groomed for the EQB CEO job before joining OpenText five months ago.
Most Canadian companies are walking the AI adoption race: report
Canadian execs report uneven efficiency gains from AI and a lack of technical talent, Georgian survey finds.
R-Labs secures $3.5 million to help create more startups tackling “big problems” in real estate
Hatch adds engineering capabilities to the Toronto real estate industry venture builder.
Tenstorrent acquires Blue Cheetah to bring more chip design in-house
AI chipmaker had been licensing Blue Cheetah’s technology since last year.
VitalHub acquires referral platform Novari Health in deal worth up to $48.6 million
VitalHub said the referral management market is a “a key area of investment” for governments around the world.