New government-backed tech hub The Foundry launches in PEI
New hub backed with more than $1.5 million in federal and provincial funding.
Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants
Affirm has powered Shop Pay Installments for US-based merchants since 2021.
Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures
Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform.
Kraken Robotics emerges from the deep to take top spot on 2025 TSX Venture 50 list
The mining sector dominated the list, with a combined 12 tech companies making the cut.
Ocean innovator and Kraken Robotics founder Karl Kenny passes away at age 64
Kenny founded numerous Atlantic Canada tech companies before retiring in 2022.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
Photonic claims breakthrough in quantum computing error correction
Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.
Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund
Commitment marks the 10th investment from the federal government’s clean energy investment fund to date.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were “misleading.”
Clutch recovers valuation and eyes growth with $50-million Series D round
Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.
Crowd Control: PixMob lit up this year’s Super Bowl stands
PixMob helped Kendrick Lamar tell Drake “game over” during Sunday’s halftime show.
Thomson Reuters launches second Corporate Venture Capital Fund with $215 million
TRV continues to target Series A investments in its legal, tax, and accounting focus areas.