Carbon Upcycling lays foundation with $24.5-million round led by Chicago-based impact investor Builders Vision
The convertible note round will fund Calgary cleantech startup’s project pipeline and corporate growth.
Canadian Startup News
Photonic to open UK quantum R&D centre to aid international expansion
BC quantum computing startup already has backers on both sides of the Atlantic.
US private equity firm Vista ups stake in Assent at reported $1.3-billion USD valuation
Company spokesperson denied that Assent had been acquired, but declined to break down post-deal ownership structure.
New School Foods to expand beyond plant-based salmon to other meat alternatives
The Toronto startup has opened its doors for a tour of its food tech and launched a new parent company.
StatsCan finds AI adoption has doubled in businesses, but hasn’t yet affected headcounts
Survey data precedes wave of AI-first policies from giants like OpenText and Shopify.
June Health launches menopause platform nationally to connect women with healthcare through employer plans
Digital health platform aims to streamline access to menopause symptom treatment.
Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady
Report finds some Canadian startup hubs have lost ground amid trade tensions and wobbly VC market.
Cohere bringing AI into public sector through partnerships with Canadian, UK governments
AI startup says it will heed Prime Minister’s call to make government “more productive and efficient.”
The BetaKit Guide: Toronto Tech Week
Your map to navigate a jam-packed week in Toronto tech.
CVCA calls for Digital Services Tax pause to avoid retaliatory US tax changes
Multiple industry groups wary of “dire downstream effects” for Canadian investors, companies.
Nicoya acquires UK’s Applied Photophysics to expand its drug development capabilities and global reach
The deal triples Nicoya’s customer base to nearly 3,000 and gives it a new European hub.
Shopify collaborates with Coinbase and Stripe to support USDC stablecoin payments
Feature roll out allows merchants to accept USDC and convert to their local currency.
Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
Lawsuit claims Shopify charged businesses fees and redirected potential Sezzle customers to its own service.
Kyle Braatz got Fullscript to $1 billion in revenue by treating every new business segment like a startup
CEO of Ottawa-based company details the slow and steady journey to a reported $2.5-billion USD valuation.
Wealthsimple’s Brett Huneycutt explains how its new products advance the company’s financial services vision
Co-founder and CPO talks banking, investing, insurance, and potential Robinhood competition.