Feds unveil $358-million initiative to bolster Canada’s defence supply chain
Regional Defence Investment Initiative will be deployed by Canada’s regional development agencies.
CVC hits $30-million target for second Saskatchewan-focused fund
Conexus Venture Capital’s first fund made 17 investments in Prairies-based startups.
University of Toronto establishes AI research chair to recruit the next Geoffrey Hinton
Google and U of T are each providing $10 million to support the position.
MaRS innovation hub and insurance firm Definity launch new accelerator for climate adaptation startups
With insurance payouts from wildfires, floods, and storms on the rise, Definity sees room to help prevent them.
Shopify posts another record-breaking Black Friday, Cyber Monday despite partial outage
Shopify merchants sold $14.6 billion USD to over 81 million customers this BFCM.
US firm Forum Ventures bets on Toronto to build next wave of AI software startups
New $11.5-million USD fund will funnel capital to AI-native, B2B SaaS companies.
Feds commit $42.5 million to expand AI compute infrastructure at University of Toronto
Funding will help researchers across the country train AI models with billions of parameters.
Augmentt lands $18 million to help safeguard cloud software for SMBs
Former N-able leaders aim to help MSPs manage security across SaaS apps.
How Dozr, a promising construction tech firm, went from building boom to receivership to asset sale
The heavy equipment marketplace is in new Canadian hands, but its future remains unclear.
Faire co-founder: company has the metrics to go public, but isn’t rushing to IPO
Company brings advertising tool to Canada amid employee share sale at $5.2-billion USD valuation.
Questrade doubles down on tools for advanced traders at first product showcase
Toronto FinTech firm introduces revitalized product suite as it works to keep pace with competitors.
“We are now in the big leagues”: Manzil launches halal ETF on Nasdaq exchange
CEO says it took three months to do in the US what would likely take 12–18 in Canada.
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.