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 eDOCS unit for $163 million USD to continue AI focus
Sale follows CEOs sudden departure amid stalled revenue growth.
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.
Hyperlume snapped up by San Jose-based Credo for undisclosed amount
Sale comes seven months after the Ottawa startup’s nearly $18-million CAD seed round.
Minister Evan Solomon reveals Canada’s AI Task Force
Patrick Pichette, Joelle Pineau, and Dan Debow among those tapped by federal government.
Google Android head Sameer Samat, FinTech CEO Odilon Almeida join Lightspeed board
CEO Dax Dasilva says the pair “fortify two strategically important areas” for the company.
NordSpace’s second rocket launch attempt flames out after multiple launchpad fires
Second launch window expires as fuel issues delay rocket launch.
Sheertex maker SRTX confirms permanent cuts for 92 employees
Montréal startup formalized August dismissals shortly after CEO handoff to BonLook co-founder Sophie Boulanger.