Kraken dives deeper into defence with $615-million Covelya Group acquisition
Acquisition would create a larger subsea player spanning defence and commercial markets.
Canadian Startup News
What’s powering the algorithm that gets you a good night’s sleep?
How NovaResp is using student talent and AI to improve sleep apnea therapy.
Spellbook looks to scoop up legal AI competitors with $40-million USD in debt financing
Legaltech startup on track to hit $100-million USD ARR off faster-than-expected growth.
Landing Zones Canada’s AI-enhanced drones get upgrade with $1.1-million investment
PrairiesCan funding will help Medicine Hat company enhance its autonomous high-altitude drones.
Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects
Evan Solomon announces support for Université de Moncton, Volta Labs, Digital Nova Scotia, and others.
NationGraph raises $18 million USD to bring AI to the black box of government contracting
Canadian co-founded startup is building AI intel platform for teams selling to governments.
Wealthsimple becomes first Canadian FinTech to join SWIFT network
Membership continues Toronto firm’s push into international payments.
The quiet militarization of Canadian AI
Canadian AI styles itself as ethical but is reorienting towards military and dual-use technology.
Canada’s small businesses felt the “true cost of a fractured global economy” in late 2025
Xero report shows largest quarterly decline in sales growth since fall 2020.
Montréal AI conference ALL IN to expand with events in Vancouver, Toronto
Scale AI-run event series hits Vancouver on April 15 and Toronto on May 28.
Manitoba looks to spur more investment with tax credit ceiling raise
Starting in April, small business venture capital tax credit will be capped at $30 million.
Damon CEO, CFO, and board resign following prolonged struggle on public markets
Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle.
Versos wants to turn video libraries into fuel for AI training
New Brunswick startup launches platform to turn studios’ videos into structured datasets.
CCI wants governments to buy more Canadian healthtech
Tech advocacy group urges overhaul of procurement and data management to support domestic companies.
Ottawa makes first RDII investments in Ontario with $15 million for CDL Defence and Wolf Advanced Technology
Money will support CDL’s defence accelerator and Wolf’s high-performance computing systems.