Axya closes $17-million Series A to modernize manufacturing procurement
McRock, Yamaha, CIBC back Axya’s plan to help manufacturers automate sourcing and purchasing.
Blair Health secures $4.2 million to make specialized women’s care more accessible
Toronto startup aims to power “specialist-level care without the specialist wait.”
TD’s Layer 6 and Cohere embark on $25-million AI collaboration
The Big Six Canadian bank has teamed up with the country’s LLM maker to boost AI adoption.
Beacon buys New York’s Haize Labs to boost AI reliability across its portfolio
AI rollup firm aims to help its Main Street software businesses deploy AI they can trust.
Robinhood opens new Canadian HQ in Toronto as Canada becomes a “priority” market
Starting with crypto, the US brokerage aims to bring more competition to Canada.
Orbits secures $2 million USD to manage home logistics with AI
A16z Speedrun, N49P, Garage back Orbits’ consumer launch of AI household assistant.
Amplify Capital prepares to place more early-stage bets with $60-million third impact fund
Ten-year-old VC firm will back up to 30 companies, with a focus on climate, health, and work tech.
Your must-read Canada Investment Summit summary
Plus: Canada to pursue sovereign internet.
Portage closes fourth FinTech VC fund at $600 million USD
Portage is the FinTech investment arm of Power Corporation-owned Sagard.
Canada Rocket Company wants to build a sovereign alternative to SpaceX’s Falcon 9
CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.
“Canada is back”: tech makes its pitch to global investors at CVCA growth forum
GPs and LPs clock “genuine excitement” about Canadian tech from foreign peers close to PM’s summit.
Carney announces Productivity Mega Deduction tax incentive to spur business investment in Canada
At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital.
Radical Ventures launches Canada’s largest AI fund with $1-billion USD first close
Leading Canadian pension funds and banks back Toronto AI investor’s late-stage strategy.
Define Capital acquires Synergy Gateway Verified as it enters the postsecondary market
SGV marks Define’s fourth acquisition to date as it nears $20 million CAD in ARR.
CIBC commits $2 billion to financing smaller defence and dual-use businesses
Toronto-based bank joins BMO, RBC, and Canada’s other big banks in ramping up its support for defence.