University of Alberta partners with Silicon Valley VC firm to help commercialize research
Celesta Capital will bring entrepreneurship training to students, researchers, and faculty this fall.
Canadian Startup News
Families of Wes Hall, Patsy Anderson make $3-million donation to SickKids’ AI initiative
SickKids AI program looks to deploy “responsible AI” across clinical care, research, education, and operations.
Repeat tech entrepreneur Ryan St. Germaine joins Raven as partner
St. Germaine comes aboard as Vancouver-based Raven gears up to raise another fund.
UniUni go-public deal falls through as SPAC terminates agreement
MAK Acquisition Corp claims UniUni made an “incurable” breach by losing too much money.
This program is pushing startups to plan for security sooner
Rogers Cybersecure Catalyst’s Cyber for Startups is hosting virtual and in-person programs this fall.
Reaction Dynamics plans rapid expansion to launch new medium-lift rocket by 2031
Longueuil, Que.-based rocket maker plans to raise $350 million CAD, add nearly 300 employees in the next five years.
Shopify CTO Mikhail Parakhin to depart after two years
Parakhin, who helped Shopify “level up” in engineering and ML, is transitioning to advisor.
Inovia secures $200-million USD first close for sixth early-stage VC fund
Fund VI will be Inovia’s “first completely AI-native fund” and focus on frontier tech.
Manitoba says tax on data centres, crypto miners will be used to lower utility rates
Government predicts levy could draw as much as $20 million in revenue.
Anthropic signs lease for $10-billion Nova Scotia data centre
AI giant slated to power its Claude models at initial 95MW facility by late 2027.
Tenstorrent secures $1.5 billion USD at $6.2-billion valuation to challenge GPU dominance
Canadian-founded chipmaker is betting that the future of AI inference is open-source.
Rozvelt built a high-tech mask for hunters. Defence buyers see something bigger.
Montréal startup secures $3.1-million seed round on interest from defence players.
ResolvMD expands medical billing tech into Ontario
Calgary-born healthtech company says it’s also eyeing expansion into British Columbia.
Mecka AI recruits growth hackers behind “IRL sidequest” app Thirdspace
Thirdspace’s founders have been tasked with scaling Mecka’s home data capture app.
10KC co-founder talks engineering an exit and spotting fake term sheets
David Wilkin unpacks the startup’s learnings from failed sale to successful outcome at TechExit.