New Life Sciences Fund and leadership churn reveal continued reset at BDC
Growth Venture Fund leader is out nine months after BDC allocates $1 billion and expands mandate.
CereCura secures $1.4 million to tackle brain disorders with COVID-era vaccine tech
UBC spinout aims to conquer blood-brain barrier to improve protein delivery to the brain.
Ex-Deep Sky science chief co-launches cement decarbonization startup Cura
Phil De Luna joins UBC researcher and Aurora Hydrogen co-founder to develop novel CO₂ removal tech.
BenchSci inks multi-year partnership with Mila to develop AI for drug discovery
Collaboration aims to build AI systems capable of biological inference and experimental assay prediction.
Vistara Growth closes $321-million USD fund after “friend-raising to the max”
Fifth fund closes after nearly two-year raise that fell short of “ambitious” initial goal.
Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot
CVCA says rise in growth investment “a good sign” but early-stage VC activity continues to lag.
NLPatent’s $3-million USD raise helps it power patent research with AI
Former IP lawyer aims to help peers take advantage of agentic AI.
Minister Solomon: Canada’s AI and Buy Canadian strategies likely to launch in 2026
AI minister says feds might tie AI and digital funding to Buy Canadian rules.
Clio secures $500-million USD Series G as it completes vLex acquisition
BC legaltech firm nabs $5-billion valuation plus $350 million in debt to help close deal.
Carbonova, SenseNet, Xatoms among cleantech startups named to latest Foresight 50
Fellow first-time honourees also include Hydron Energy, Picketa Systems, Vivid Machines.
“We could be public today”: 1Password crosses $400-million USD ARR milestone
After executive shakeup, 1Password preps for AI era and potential IPO.
Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans
Montréal software company aims to help organizations spot and mitigate online threats.
Beacon raises $250-million USD Series B to buy and equip “Main Street businesses” with AI
Former Instacart, Sequoia leaders target profitable firms in overlooked sectors for AI upgrades.
Shopify stock slides as company beats Q3 revenue outlook with 32 percent growth
E-commerce giant continues to invest heavily in AI as it eyes global growth.
Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal
Transaction expected to raise up to $500 million USD.