Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Milk Moovement countersues US competitor Dairy LLC, alleges monopoly abuse over dairy intelligence industry
Relationship soured last year when Milk Moovement allegedly spilled Dairy’s “trade secrets.”
Volvo backs Waabi to accelerate driverless trucks commercialization
Waabi unveiled its self-driving product in November to gear up for road tests.
Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’
Sollum previously received government grants to support the production of greenhouse tomatoes, strawberries.
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy.
UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise
Oxbotica plans to hire for up to 50 new roles in Toronto office.
University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry
BlackBerry, Rogers, Rockport Networks among industry partners taking part.
ReelData raises $10.6 million CAD using AI to monitor fish populations
Halifax startup reels in cash to help farmers monitor fish populations with accuracy.
Nokia opens new Toronto office as part of broader Ontario-wide expansion
Nokia previously announced plans to hire for 340 new jobs in the province.
Glassdoor names Google, Microsoft, Salesforce among best 25 places to work in Canada
Thomson Reuters, Levio, only Canadian tech firms on the list.
Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment
Federal contribution expected to create over 230 skilled jobs across GTA.
Nanoprecise closes $13.4 million CAD Series B round for its manufacturing monitoring software
Edmonton startup combines wireless sensors with AI to detect small changes in machine performance.
Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD
With the purchase, Descartes wants to increase its shipment management capabilities.
Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya
Paya’s share price climbed by 24 percent following the news of its potential acquisition.
NorthStar raises $47 million CAD Series C round for expected satellite launch in mid-2023
The Montréal startup provides monitoring solutions for all near-Earth orbits from space.