Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding
Ada, Mission Control, and Loop Financial among supported companies.
Shopify merchants can now prompt AI to design a store theme
Merchants can generate up to three free personalized themes with a description of their business.
The51 appoints Highline Beta founder Lauren Robinson as managing partner
Women-led investment firm prepares to raise its third fund later this year.
“It’s done, it’s gone”: Ontario Premier Doug Ford cancels $100-million Starlink contract in tariff response
Contracts won’t be awarded to those who “encourage economic attacks” on Canada, Ford said.
BDC Capital taps Jason Baibokas to lead $100-million Black Entrepreneurs Fund
Baibokas to define investment thesis and criteria of fund announced last June.
Shopify’s latest SEC filings show potential to become US-domiciled, TD analyst warns
Canada’s largest tech company names New York executive office in new 10-K filing.
Sanctuary AI, Nexera, and Novarc make deals and developments in busy week for Vancouver robotics companies
Nexara nabs funding from BDC, Novarc strikes a partnership, and Sanctuary AI’s robots get touchy.
Rewind inks data protection partnership with workflow software giant Monday.com
Partnership could mark turning point for Ottawa company that saw momentum slow during 2023 downturn.
Paperplane Therapeutics raises $1.5 million to ease anxious patients with VR gaming
Funding to help company expand its reach across North America and Europe.
Vault rebrands to Venn following $21.5-million Series A round
Founded as a multi-currency account, Venn looks to broaden its financial management solutions and sales staff.
Prosus to acquire SkipTheDishes parent company JustEat Takeaway in $6.2-billion deal
Prosus to take JustEat Takeaway private and plans to maintain its key brands.
Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program
Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.
Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech
Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.
Tribe Network among second round of federal 2SLGBTQI+ Ecosystem Fund recipients
Latest round deals $2.8 million across 12 groups and strengthens program support in Northern and Atlantic regions.
New government-backed tech hub The Foundry launches in PEI
New hub backed with more than $1.5 million in federal and provincial funding.