Sovra appoints new CEO Tom Spengler as it sells off ânon-core businessesâ to focus on government tech
Formerly known as MDF Commerce, the now-private MontrĂ©al company has also acquired Calgary’s Ontopical.
Canadian Startup News
Feds sign new agreement with Cohere to explore AI uses within government services
AI startup partnered with the Canadian government in June on AI research and safety.
Markhamâs tech ecosystem helped this founder take on constructionâs biggest bottleneck
With early backing from ventureLAB and YSpace, BidBlox AI is modernizing preconstruction across North America.
Vendasta launches AI agents to bring âenterprise-gradeâ automation to small businesses
Saskatoon software firm aims to make agentic AI more accessible for SMBs.
Queer tech founders explore move to Canada as US abandons DEI
Misfit Ventures co-founders say âreverse brain drainâ of talent could be a silver lining for Canada.
Friendlier closes $4.5 million to help more food service operators ditch single-use containers
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startupâs final months of independence.
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding
COO Elliot Schneier promoted to CEO as company founder becomes president.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canadaâs Radical Ventures and Inovia co-lead.
Federal government invests $8 million into six Québec EV battery and charging projects
NRCan funding follows a period of turmoil for QuĂ©becâs EV sector.
US-based Landbase buys team and tech behind Canadaâs Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring âvibe AIâ to inbound marketing.
The platform and technology team powering AI at TD
Kirsti Racineâs team is behind the platform transforming how TD employees and engineers use AI.
Seed-stage rebound a bright spot in QuĂ©becâs gloomy VC landscape: report
Sixty percent of VC deals in the province were under $5 million in Q2, new data shows.