Electronic circuit manufacturer SMT Intelligence raises $68 million from the Fonds FTQ
SMT uses robotics, AI to produce over eight million electronic circuits annually.
Faire cuts 250 employees in its second layoff round in last year
Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed.
Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
The startup turns standard industrial robots into plug-and-play homebuilding systems.
Canada Growth Fund injection tops Eavor’s Series B at $182 million
The Canada Growth Fund has invested $90 million into Eavor’s funding round.
Federal, Québec governments invest over $7.6 million into quantum telecom testbed
The testbed will allow businesses to experiment with quantum technologies for telecom networks.
QuoteMachine adds $3.7 million in new funding to streamline the sales stack for merchants
The Montréal-based startup is led by Lightspeed alumni.
Restaurant software startup Snappy secures $7-million Series A round
As restaurants continue to digitize, Snappy’s new investor believes the solution is a flexible option for a “fractured…
Ripple Ventures plants flag in Vancouver as firm envisions “coast-to-coast” Fund III
With Fund III backed by RBCx and VCCI, Ripple Ventures plans to hold final close by year’s end.
As enterprises dip their toes into generative AI, Plurilock finds gains in selling safety
Regulatory changes are putting greater pressure on compliance, says CEO Ian Paterson.
Cultivator’s incubated startups surpass $100 million in private funding
Prairie tech hub hits major milestone coinciding with new connections to the Valley.
Alberta tech is on track to outpace 2022 with lively Q2 2023
Alberta tech companies raised $123.8 million through six deals in the second quarter of 2023.
Waterloo Region deal volume has been tanking steadily since 2019. Could undisclosed deals be partly to blame?
Off-the-record raises may be painting an incomplete picture of the ecosystem, investor says.
Québec venture funding maintained upward trajectory in Q2 2023
Investment in the region grew by 42 percent from Q1 2023, and 81 percent year-over-year.
Venture funding in Toronto, British Columbia rebounds in second quarter of 2023
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
Hypercontext completes HR pivot with new AI-powered performance management tool
The startup promises ‘performance reviews so easy, they write themselves’—but what are the risks?