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.
Wittington Ventures closes third, $180-million VC fund
Weston family-backed firm plans to back 15 more startups.
Clay lands $115-million USD Series D at $7-billion valuation
Canadian-founded go-to-market startup wants to become “the AI growth engine for every company.”
Tailwind finds “stable, long-term home” with Shopify acquisition
E-commerce giant brings the popular web development framework’s team in-house.
RBC launches billion-dollar Canadian tech growth fund
Canada’s biggest bank wants to help the country’s next tech champions scale.
Feds appoint Patrick Pichette CEO of new digital transformation agency
Ex-Google CFO and Inovia partner to lead org focused on modernizing public service.
NorBot closes $1 million to establish a commercial robotics integrator
Vancouver startup aims to help Canadian businesses “robotize.”
Launch alum closes $1.6 million to support healthier living with The Wellness Company
BDC, BKR, Launch back former Jason Calacanis associate’s consumer healthtech vision.
Mundo announces $24 million USD to help tackle AI’s “next frontier”
US investors back startup’s plan to provide the data and tools for understanding sensory information.
Scopia Surgical raises $2.65 million to build a GPS for robotic surgery
Montréal medtech company is gearing up to validate its navigation software in hospitals.
Landjourney rebrands to Sweet, secures $7.4 million USD to simplify commercial lending beyond agriculture
Montreal-founded FinTech says its platform helps lenders complete previously “weeks-long processes” in days.
BDC, other Xanadu investors back Meissner’s “discovery engine” for superconductors
U of T science student closes $2.6 million USD to enable quantum computing and fusion.
“From soup to qubits”: Xanadu to open advanced photonics hub in old Campbell’s factory
Toronto firm lands $195-million loan in Canada’s largest quantum manufacturing investment.
Feds commit $31 million to help Kardium manufacture its heart device in BC
German chemical giant Evonik is also getting $68 million to expand its BC presence.
MDA Space launches venture program to back Canadian space and defence tech startups
Space-industry veteran aims to help SMBs scale to meet Canada’s sovereign defence priorities.