BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments
Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies.
Canadian Startup News
Glassbox announces $1.65 million in funding to “reimagine the spreadsheet” for corporate finance
Ex-investment banker aims to help former peers build financial models faster with AI.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.
Canada looks to strike balance between AI innovation and regulation at Paris AI Summit
Trudeau’s likely last AI policy contributions come as the EU and US grow further apart.
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
Major media companies sue Cohere for alleged copyright infringement
Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.
Photonic claims breakthrough in quantum computing error correction
Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.
Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund
Commitment marks the 10th investment from the federal government’s clean energy investment fund to date.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were “misleading.”
Knix, Hopper, Grammarly founders among business leaders asking for “immediate recall” of Parliament
Canadian tech CEOs and investors join open letter signatories urging government to face tariff threat.
How TD moved petabytes of data to the cloud with Microsoft and Accenture
The migration that rewrote the data playbook of one of Canada’s largest banks.
Canadian tech looks to support its own against US tariff threat
Tariff trackers, startup directories, and Buy Beaver apps are the latest fronts in the Canada-US trade war.
Clutch recovers valuation and eyes growth with $50-million Series D round
Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.
Coral closes $4.1-million seed round to launch menopause virtual care platform
Ex-Dialogue, Skylight co-founders aim to address gaps in management of “debilitating” menopause symptoms.