Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.”
Growcer snaps up assets of bankrupt US rival Freight Farms
Ottawa-based modular farming startup now has over 600 new customers from 30 different countries on its plate.
Is Canada’s productivity saviour a hallucination?
Plus: OMERS Ventures refocuses on Canada under new leadership.
Ontario nurtures forest-based innovation accelerator CRIBE with $5-million investment
Funding aims to grow and commercialize companies creating forest-based solutions.
Femtech Canada hopes to bring women’s healthtech to market through its first commercialization program
Program provides $20,000 in commercialization assistance services from physician groups and contract organizations.
Eyam Health strikes partnership with Swiss non-profit to develop one-dollar malaria treatment
Eyam claims its AI drug discovery and delivery platform can develop treatment at less than half the usual cost.
AI-powered 9-1-1 call screening startup Hyper exits stealth with $6.3 million USD
Yukon-originated startup founded by repeat Canadian entrepreneurs Damian McCabe and Ben Sanders.
New innovation and knowledge hub to help showcase technology battling wildfires
The Wildfire Resilience Consortium of Canada fulfills objectives outlined by G7 leaders in Alberta last month.
Former Toronto Raptor Pascal Siakam dishes $50,000 in grants to winners of inaugural EdTech accelerator
NBA champion Spicy P teamed up with a panel of judges at the Siakam EdTech Engine Accelerator’s demo day.
Payroll platform Wagepoint appoints Xero North America lead Ben Richmond as president and CEO
Founding CEO Shrad Rao departed in January as the company shifted to scale-oriented leadership.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.
GeologicAI cashes in on data centre boom with $60.5-million CAD Series B
Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator
Toronto-based company has raised $154 million since founding in 2023.