Montréal industrial AI scaleup Vention raises $110-million USD Series D
Company says it crossed $100-million CAD annual run rate as it looks to expand in Europe.
Float secures nearly $100 million in debt to expand credit products for Canadian businesses
FinTech startup says its revenue has grown roughly 70 percent year over year.
Deck co-founders call non-compete lawsuit from former employer National Bank “frivolous”
Defendants deny claims that they’ve built a competing FinTech business.
Québec bets on buying homegrown tech to boost province’s productivity
I Adopt Québec’s Tech campaign launches to encourage businesses to buy local tech and services.
Mila and Inovia launch venture fund to turn AI research “diamonds” into startups
National platform targets $100-million USD fund with plans to back 55 companies.
Feds call for proposals to build large-scale data centres in Canada
Ottawa seeks Canadian companies to build sovereign, AI data centres exceeding 100MW capacity.
Jetson raises $50-million USD Series A to heat more homes efficiently
Canadian VCs Garage Capital, Active Impact return to back electric heat pump startup.
Alexi escalates legal fight with Clio by filing antitrust claim
After being sued for an alleged contract breach, Alexi fires back with countersuit.
Dominion Dynamics raises $21 million to build Canada’s “defence neoprime”
Ottawa startup eyes prime defence contractor role as defence spending surges in Canada.
Union files labour complaint, demands details from Ubisoft after sudden Halifax studio closure
Dispute comes after years of layoffs and chilly labour climate in gaming industry.
Mila researchers target “AI psychosis” amid concerns about chatbots’ mental health impact
Research hub’s AI Safety Studio looks to limit chatbot outputs that feed users’ delusions.
Ssense founders’ bid to buy back company successful, pending approvals
Deal for control of embattled luxury retail platform expected to close before Feb. 13.
Ubisoft Halifax employees “blindsided” by surprise closure one month after unionizing
Former employee says game developer unexpectedly dropped union challenges weeks before closing office.
Grok’s non-consensual sexual images highlight gaps in Canada’s deepfake laws
Experts say Canada’s murky privacy and online harm laws leave victims with limited options.
Photonic says it’s ready to commercialize quantum with $180-million fundraise
RBC, Telus back quantum computing company as it looks to develop enterprise-ready tech.