Emissions Reduction Alberta commits $44.4 million to 21 cleantech projects
Startups such as Wyvern and Arolytics received funding from ERA’s Emerging Innovators Challenge.
Ocean Startup Project enters third phase with $8 million and economic growth goals
Canada’s Ocean Supercluster wants to grow the nation’s ocean economy by a factor of five by 2035.
PathFactory acquires fellow B2B marketing platform Uberflip in stock-for-stock deal
PathFactory says the combined entity’s customer list includes firms such as Nvidia, Amazon, and Thomson Reuters.
Digital Innovation Cluster invests $15 million into AI megaproject from consortium of Canadian healthtech companies
Partners in the $44-million project include ORX, Well Health, Healwell AI, Tali AI, and Simon Fraser University.
Feds, BC invest nearly $73 million into Aspect Biosystems to establish biomanufacturing facility
The clinical facility aims to be the first dedicated to producing bioprinted tissue therapeutics in Canada.
Point Laz raises $1.2 million to bring mine shaft scanning device to market
The startup said its first 10 commercial scanners are now set to be produced and exported worldwide.
Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees
Some roles are being consolidated to its Toronto office to “better align” resources, company says.
Clutch receives $10-million strategic investment from iA Financial group
The investment will see iA’s insurance products integrated into Clutch’s online vehicle marketplace.
Bitfarms appoints Ben Gagnon as CEO amidst activist threats from Riot Platforms
Bitfarms parted ways with a CEO in March, kicking off a lawsuit and a public spat with Riot.
Polystyvert closes $16 million Series B tranche, looks to open first commercial recycling plant
Polystyvert expects to close a second tranche within three months that brings the round up to $30 million.
Patent suit sees Canadian court rule in favour of Farmers Edge
AGI had alleged Farmers Edge infringed on its patent for a “Farming Data Collection and Exchange System.”
Economic development agencies dole out $30 million to AgTech, AI, EV development
Wyvern, Pure Life Carbon, and Aethon Aerial Solutions among those supported by latest PrairiesCan, FedDev funding.
ISED invests $120 million to build out CMC Microsystems’ semiconductor network
The FABrIC network looks to provide resources to foster semiconductor innovation in Canada.
Here’s where you can find all the Startupfest 2024 after-parties
Canadian tech has its choice of parties, mixers, and workshops to attend in Montréal this year.
OpenText lays off 1,200 employees as part of restructuring plan
CEO plans to add 800 new roles in sales, professional services, and engineering.