BEA wants to help co-founders LiinkUP at Toronto Tech Week
Co-Founder Connect lands in Toronto on May 28 to help engineer the perfect founder pairings.
Canadian Startup News
Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Canadian angel investment falls to five-year low, but women investors gain ground
NACO says women now represent 40 percent of members in participating Canadian angel networks.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
Angel Investors Ontario joins CSCA as it makes new pitch for government funding
With its future still uncertain, AIO hopes the CSCA will help advance its mission nationally.
Lightspeed completes year one of transformation plan with revenue beat, earnings miss
Retail tech firm focuses on key markets with share price down 20 percent on the year.
N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
Toronto VC firm aims to raise $70 million to invest in more nascent tech startups.
Alberta partners with Amii to establish Health Innovation Lab
Lab will focus on integrating AI into provincial healthcare development.
Trane and BrainBox AI open Montréal lab to cut energy waste in buildings
Companies say emissions cut from AI systems will offset enviornmental cost of running AI.
Sagard spins up new $150-million USD AI fund
New fund will target companies helping accelerate AI adoption in financial services and other sectors.
Digital surveillance Bill C-22 threatens to drive tech firms out of Canada
Growing number of tech leaders, privacy experts expressing concern over “lawful access” legislation.
Historic Marconi name returns as Canadian investors launch defence tech firm
Former National Bank CEO chairs new company hoping to capitalize on federal defence spending.
Relay secures $50 million USD to bring more small businesses to its banking platform
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses.
OpenAI partners with 1Password to secure coding agent Codex
Toronto firm’s new Codex integration aims to protect credentials in software workflows.