Sanctuary AI, Nexera, and Novarc make deals and developments in busy week for Vancouver robotics companies
Nexara nabs funding from BDC, Novarc strikes a partnership, and Sanctuary AI’s robots get touchy.
Rewind inks data protection partnership with workflow software giant Monday.com
Partnership could mark turning point for Ottawa company that saw momentum slow during 2023 downturn.
Paperplane Therapeutics raises $1.5 million to ease anxious patients with VR gaming
Funding to help company expand its reach across North America and Europe.
Vault rebrands to Venn following $21.5-million Series A round
Founded as a multi-currency account, Venn looks to broaden its financial management solutions and sales staff.
Prosus to acquire SkipTheDishes parent company JustEat Takeaway in $6.2-billion deal
Prosus to take JustEat Takeaway private and plans to maintain its key brands.
Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program
Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.
Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech
Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.
Tribe Network among second round of federal 2SLGBTQI+ Ecosystem Fund recipients
Latest round deals $2.8 million across 12 groups and strengthens program support in Northern and Atlantic regions.
New government-backed tech hub The Foundry launches in PEI
New hub backed with more than $1.5 million in federal and provincial funding.
Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants
Affirm has powered Shop Pay Installments for US-based merchants since 2021.
Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures
Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform.
Kraken Robotics emerges from the deep to take top spot on 2025 TSX Venture 50 list
The mining sector dominated the list, with a combined 12 tech companies making the cut.
Ocean innovator and Kraken Robotics founder Karl Kenny passes away at age 64
Kenny founded numerous Atlantic Canada tech companies before retiring in 2022.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.