Deep Sky aims to build one of the world’s largest carbon capture facilities in Manitoba
Province has “ideal geology” for $500-million facility’s carbon storage.
Spellbook raises $50-million USD Series B led by Khosla Ventures
St. John’s-founded legaltech company hits $350 million USD valuation.
Canadian cloud providers unite to launch sovereign cloud offering for government
ThinkOn, Hypertec Group, Aptum, and eStruxture team up to keep data under Canadian control.
EQ Bank unveils new account for Canadian small businesses
Digital challenger bank offers small business owners high-interest account with no monthly fees.
Mark Cuban-backed TransCrypts closes $20-million CAD seed round
Canadian-founded startup placing “significant focus” on hiring for its new Toronto office.
Former Dye & Durham leaders resurface with $100-million USD SPAC targeting Canadian tech
MAK Acquisitions eyes technology businesses that provide “critical solutions in niche markets.”
Cyclic Materials the first Canadian company to crack MIT Technology Review’s climate tech list
Annual list highlights “the most promising” companies tackling climate change on the planet.
Radical Ventures holds $650-million USD final close for new early-stage AI fund
Fund backed by $75-million USD contribution from The Canada Pension Plan Investment Board.
TransPod partners with Canadian steelmakers for 1,000-km/h Alberta rail project
Algoma Steel and Supreme Steel to supply and build backbone for Calgary-to-Edmonton rail line.
NordSpace and C-Core partner to build ground station infrastructure across Canada
Stations support tracking and controlling aerial systems like satellites.
Swiirl teams up with former Raptors star Jerome Williams for 40-city student tour
Shooting for Peace tour will pair basketball with lessons in financial literacy and mental health.
OpenText to sell off “non-core” eDOCS unit for $163 million USD in cash
Enterprise software firm will pay off debt and continue evaluating its assets.
Canada’s productivity problem takes center stage at Competition Summit 2025
Industry leaders say regulation is stifling startups, even as Ottawa pledges to be “hawkish” on competition.
Platform Calgary president and CEO Terry Rock leaving for Alberta Innovates
COO Jennifer Lussier will step in as interim leader.
Ottawa launches Defence Investment Agency to overhaul military procurement
New office promises faster approvals, earlier industry engagement, and domestic economic benefits.