GeologicAI cashes in on data centre boom with $60.5-million CAD Series B
Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.
Canadian Startup News
Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno
Shiner calls Faugno “the right leader for where we’re going next.”
TD is assembling a roster of top technical talent
From mainframes to modern tooling, TD engineers are set up to grow, build faster, and deliver at scale.
BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs
Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like
SRTX and Oomira founder says “nothing in the term sheet is in your favour.”
Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
Canada’s former open banking lead joins FinTech startup Brim Financial
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
Helping service animals catch a ride
Uber is tackling trip refusals through policy, information, and inclusive product design.
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
Cohere to open South Korean office, expand AI offerings in Asia Pacific
Enterprise AI developer partnered with tech giant LG and South Korean government for AI diplomacy program.
Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator
Toronto-based company has raised $154 million since founding in 2023.