Exro Technologies CEO resigns as stock price plummets
Struggling EV tech company laid off 60 workers last week.
Shopify and VitalHub return to TSX top 30 list while Propel Holdings and MDA Space make debuts
Canadian tech delivers the strongest average share price increase in this year’s rankings.
Elon Musk’s SpaceX knocks MDA Space out of $1.8-billion satellite deal
Shares of Canadian space firm plunged 20 percent after EchoStar’s sudden strategy shift.
Elon Musk brings Neuralink brain implants to Toronto in global first
Surgeries were the first the company has tried outside of the US.
Calgary’s Energy Transition Centre secures $10-million expansion investment
OCIF and PrairiesCan among investors aiming to support training and commercialization.
Klue doubles down on AI with Ignition acquisition
Vancouver startup acquires the San Francisco-based go-to-market platform months after going “AI-first.”
Dominion Dynamics to test defence tech in “extreme” environment through Arctic Training Centre partnership
The Ottawa startup says it has raised a “very substantial” pre-seed round since its June founding.
Lightspeed would pay $11 million CAD and admit no wrongdoing in proposed lawsuit settlement
The lawsuit stems from allegations the company distorted financial reports.
FedDev Ontario pledges millions to support Black entrepreneurs
The $2.4 million CAD will support the Black Entrepreneurship Alliance’s incubator programs.
Telus Digital to rejoin parent company after $743-million CAD acquisition
Telecom giant says reuniting with its spinout will accelerate AI and SaaS transformation.
Molecular You secures $6.9 million CAD to scale predictive blood tests across North America
Fresh funding follows US launch of direct-to-consumer platform.
Caseware replaces the majority of its C-suite as AI comes for the accounting tech stack
CEO David Marquis said he’s focused on “what’s required to win in the future.”
Databricks opens Vancouver R&D centre as data giant anticipates $100-billion USD valuation
New hub will be led by Ken Wong, who founded Vancouver startup Datajoy.
Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility
Ontario supports investment with $2 million grant following industry calls to support homegrown innovation.
Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal
Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals.