Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program
Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.
Canadian Startup News
Temu opens marketplace to Canadian vendors as ‘buy Canadian’ push picks up
Eligible Canadian businesses can now sell products to Canadian consumers directly on Temu.
Using AI, University of Toronto team claims development of strongest nanomaterial yet
Team claims the nanomaterial can support over a million times its mass.
Dispersa closes $5.8 million to turn food waste into chemicals for everyday products
Cleantech startup’s seed round was financed entirely by Canadian investors.
DEI rollback is the “wrong direction for Canada,” open letter says
Over 350 tech signatories express support for “Canadian values” of equity and inclusion.
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”
Black merchants disheartened after Shopify guts another Equitable Commerce program
Following end of Build Native, access to Build Black Slack channel locked at start of Black History Month.
Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech
Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.
Tribe Network among second round of federal 2SLGBTQI+ Ecosystem Fund recipients
Latest round deals $2.8 million across 12 groups and strengthens program support in Northern and Atlantic regions.
Koru helps unlock innovation in the classroom
Toronto’s tech community comes together to celebrate five years and solve real problems for Ontario schools.
Sherbrooke’s quantum sector gets $8.1-million boost from federal government
Quantum error-correction startup Nord Quantique to put $1.8 million toward quantum computer assembly lab.
New government-backed tech hub The Foundry launches in PEI
New hub backed with more than $1.5 million in federal and provincial funding.
Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants
Affirm has powered Shop Pay Installments for US-based merchants since 2021.
Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator
NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost.
FinTech startup Reach sells majority stake to US-based Primus Capital
Calgary company looks to expand global reach and help clients navigate tariffs with new PE owner.