Isabelle Hudon says BDC is getting ready to support Canada’s defence tech sector in “a more aggressive way”
Latest report shows Crown corp. hiked VC investments and contended with “correction on valuation” in fiscal 2025.
Canadian Startup News
Telus Digital to rejoin parent company after $743-million CAD acquisition
Telecom giant says reuniting with its spinout will accelerate AI and SaaS transformation.
“Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype
On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity.
Molecular You secures $6.9 million CAD to scale predictive blood tests across North America
Fresh funding follows US launch of direct-to-consumer platform.
Vistara Growth wants out of “tweener” category as private credit firm gears up to close fifth fund
BC firm has raised $370 million CAD for Fund V amid an increasingly hot venture debt market.
NordSpace’s rocket launch thwarted by faulty safety system, weather delays
Attempt at delivering the first Canadian commercial rocket launch delayed until at least September.
Ssense seeks to “safeguard” company from potential sale through creditor protection
Online retailer facing headwinds due to US trade policy, dip in luxury demand.
Canadian tech job listings plunge below pre-pandemic levels and AI may be the culprit
Indeed says job postings are down 19 percent since 2020.
Bench IQ raises $7.3 million CAD for AI platform analyzing judicial rulings
CEO’s previous company still in litigation with Thomson Reuters over 2020 copyright case.
Astrus announces $11 million CAD to automate semiconductor design with AI
Astrus aims to tackle a remaining bottleneck in chip design: analog circuits.
Cohere president Martin Kon stepping down, remains “key member” of the team
Enterprise AI company recently added former Meta, Uber execs to its C-suite.
How CoLab reclaimed 100 hours from R&D tax filings
With Boast, the Newfoundland startup saved developer hours, and redirected funding into new features.
Frontier signs $43.3-million CAD carbon removal deal with Planetary
Shopify-backed Frontier hopes Nova Scotia startup will change the ocean to reduce emissions.
Shopify bolsters product design team with acquisition of Molly Studio
E-commerce giant’s new Product Design Studio to operate like an “internal agency.”
Wealthsimple acquires Fey to bolster its investment research capabilities
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year.