Mangrove Lithium announces $85-million USD financing to power critical mineral refinement for EVs
Investment comes from Canada Growth Fund, BMW, and Bill Gates’ investment fund.
Oceantech accelerator Blue Action Canada opens applications for second cohort
Ocean Supercluster-backed program is looking for eight ambitious, blue-economy startups.
Science&Humans raises $10 million as hormone health enters the mainstream
Toronto startup hopes Series A round will propel it beyond its 60,000 patients.
Portage strikes deal to manage Point72 Ventures FinTech assets in Steve Cohen and Goldman Sachs-backed fund
Power Corp.’s FinTech investment arm makes first formal foray into secondary investments.
Slate raises $1.3 million to deliver embedded lending infrastructure to Canadian platforms
Vancouver startup aims to help firms provide SMB loans without building infrastructure.
Shopify leans into agentic commerce with Google and Microsoft deals
As peers and chatbot makers target AI shopping, Shopify aims to provide “the pickaxes” and product data.
1Password promotes Nancy Wang to CTO
Wang replaces Pedro Canahuati as Toronto cybersecurity firm continues to reshape C-suite.
ITC says Canada’s largest Indigenous tech conference aims to break down silos
Indigenous Tech Circle brings founders, investors, and policymakers together in Vancouver.
Flare uncovers phishing campaigns scamming Canadians with fake toll and parking violation texts
The Montréal cybersecurity firm claims PayTool has defrauded as many as 900 Canadians.
D-Wave strikes $550-million USD deal to acquire Quantum Circuits
After spending decades on quantum annealing, D-Wave hopes to make a splash in gate-based computing.
“A perfect storm”: 2025 was the worst year for Canadian VC fundraising since 2016
RBCx report shows emerging managers, fund sizes, and graduation rates are declining amid a lack of exits.
McRock Capital closes $120 million in third fund, backing industrial software startups
Caterpillar and Autodesk become LPs as McRock falls shy of initial $200-million target.
The year Canadian tech embraced defence
With billions set to flow into the country’s defence industry, Canadian tech is angling for a cut.
Ex-Shopify engineers raise fresh financing to scale Turbopuffer’s AI search
Ottawa startup secures funding from Lachy Groom and Joshua Kushner’s Thrive Capital.
GeologicAI acquires Finland’s Lumo Analytics to round out suite of critical minerals sensors
Lumo’s LIBS technique uses lasers to rapidly analyze core rock samples for critical minerals.