Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
Fispan continues industry trend of secondary-heavy deals with Series B round
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.
Xanadu touts another advancement toward scalable quantum computing
Startup’s researchers generated error-resistant photonic qubits on a single chip for the first time.
AppDirect eyes rising energy demand with acquisition of Broker Online Exchange
Canadian-founded software services giant continues acquisition spree with gas, electricity brokerage platform.
Industry watcher says recent Shopify ruling could embolden companies to challenge CRA data requests
Federal court dismissed CRA’s request for six years of data on Shopify merchants.
UrbanLogiq wants governments to rely on its AI-powered insights
Startup partners with engineering, IT firms WSP and Cubic to source private-sector data for government clients.
Alberta’s tech sector is embracing an AI data centre boom. Will it pay off?
Tech leaders say energy-hungry infrastructure will catalyze startup creation, but critics warn of “oversold” benefits.…
Innovation Saskatchewan’s first-ever research strategy boosts commercialization, tax incentives for tech
Provincial agency expands refundable investor tax credit to include life science startups.
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.