Medtech AI startups ProteinQure and AssistIQ each close Series A rounds
ProteinQure to debut AI-engineered cancer drug in the clinic, while AssistIQ expands medical supply platform.
Bell to build six AI data centres in Canada as telcos compete on infrastructure
First two facilities in BC “supercluster” will have a fraction of typical AI data centre compute power.
Canadian VCs arrive at annual industry gathering in need of a “wake-up call”
Venture leaders publicly grapple with weak performance and uncertain future ahead of CVCA Invest Canada conference.
Calgary says it has the makings of an innovation capital. What’s the next step?
As Calgary executes its new innovation strategy, it’s fighting to keep pace with demand for startup funding.
Richard Sutton warns against “centralized control” of AI regulation based on fear
At Upper Bound conference, Turing Award winner says human-like AI is “inevitable.”
Alberta Innovates to name Dr. Mike Mahon as permanent CEO
Interim CEO received unanimous board approval following delivery of go-forward plan for provincial agency.
Cohere revenue reports paint mixed picture of growth
AI startup says it has doubled revenue, but The Information reports it fell well below forecasted goals.
Redstick Ventures wants to give foodtech a seat at the table
Cross-border VC closes $6.5-million Fund I to invest in food production tech.
The US economic slowdown is hurting Canadian tech companies selling globally
CEO of mobile software company SOTI urges companies to get more aggressive with their sales tactics.
Seed deals in Q1 2025 hit pandemic-era low as Canadian VC decline continues: report
Trade tensions and economic uncertainty contributed to investor caution, CVCA says.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Anges Québec looks to expedite early-stage rounds with co-investment angel fund
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”