Sagard spins up new $150-million USD AI fund
New fund will target companies helping accelerate AI adoption in financial services and other sectors.
Cohere acquires second company with German ties in Reliant AI
Acquisition is intended to accelerate entry into the healthcare sector.
Feds back new group embedding graduate researchers with Canadian companies
TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.
CMC Microsystems picks 11 winners for $10.7-million edge computing challenge
Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.
Ian Crosby is back with a new accounting startup for the agentic AI era
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic.
Canadian VC sees lowest quarterly deal count in nearly a decade
CVCA report says growth capital constriction may push more companies to other funding outlets.
Canadian-founded Opennote acquired by San Francisco-based Reducto
Reducto says it will bring on the Y Combinator alum’s entire team.
Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide
With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally.
MDA Space aims to deliver up to 400 satellites per year after Montréal facility expansion
After two years of construction, company has doubled its manufacturing floor space.
Can Ottawa become Photonic Valley?
Plus: Are you tokenmaxxing? Tell us.
Canada won’t pursue national semiconductor strategy, AI minister says
Canada is the only G7 country without a standalone strategy. Industry groups are urging action.
Canada to create AI and Labour Advisory Council, Solomon says
Advisory group stems from a desire to maintain regular contact with labour leaders following initial meetings.
Bobbie Racette built her new startup around a simple idea: be the support she never had
At NACO Summit, she said Tapwi will be her way to open doors for the next generation.
Koho close to securing banking licence, hopes to launch telco product, CEO says
At NACO Summit, Daniel Eberhard compares the future of Koho to Chinese “super apps.”
“The math is not mathing”: How AI bubble fears are changing Canadian VCs’ investment approach
Leaders from Wittington, McRock, and IRV clash on whether AI is a bubble, but agree some things do not add up.