LeddarTech cuts 95 percent of staff in bid to rescue its business
LeddarTech does not expect to resume active operations after laying off 138 employees.
Lagging growth rate knocks Canada out of top four in StartupBlink’s ecosystem rankings
Toronto “in a tier of its own” as Calgary vaults back into top 100 cities globally.
Cohere CEO claims AI startup “not far away” from profitability as it snags Dell and SAP partnerships
SAP to integrate Cohere models as Dell becomes first to deliver North platform on-premises.
Google grants Amii $5 million to help post-secondary schools develop AI curricula
Google and Amii hope driving AI education in Canada translates into adoption.
COO Alex Petre replaces Damien Steel as CEO of carbon removal startup Deep Sky
Steel cites “personal reasons” for departure as Montréal cleantech prepares to open first facility.
Ontario Premier Doug Ford did not deliver the innovation budget tech leaders wanted
Open letter from CEOs not heeded as budget projects $14.6-billion deficit.
Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation
Vancouver-based startup has more than doubled its team size over the past year.
Minister of Innovation and AI Evan Solomon part of Liberals’ new Build Canada cabinet committee
Shopify CEO Tobi Lütke calls the committee a “Good move.”
Amplify Capital adds Craig Hunter as partner while raising its third impact-focused fund
New fund has closed about 70 percent of its target, managing partner says.
Consensus won’t return to Toronto in 2026
CoinDesk will hold next year’s crypto event in Miami.
Una Software secures new seed funding as startup adds AI into its financial planning platform
Staircase Ventures-led round brings Una’s total funding to $10 million USD.
Mélanie Joly, Evan Solomon to run newly split Industry and Innovation portfolios in Prime Minister Carney’s cabinet
Former Innovation Minister François-Philippe Champagne stays put as Minister of Finance.
Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies
ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite
Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues.