Lastwall raises $16 million to defend critical infrastructure in cyberspace
CEO says modern cyber warfare involves targets once considered off limits.
WonderFi clears final regulatory hurdle to be acquired by Robinhood
More than a year after inking the deal, it’s finally slated to close on June 1.
From the ashes of Ubisoft Halifax, an indie studio rises to revive Atlantic Canada’s gaming industry
Besszong is figuring out the mechanics of its debut game, and how to run a studio with no money.
Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Canadian angel investment falls to five-year low, but women investors gain ground
NACO says women now represent 40 percent of members in participating Canadian angel networks.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
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.