MDA Space seeks $300 million USD through IPO on New York Stock Exchange
Firm will keep TSX listing as it raises capital for growth and potential debt paydown.
Canadian Startup News
Ontario Teachers’ venture growth portfolio posts 30 percent gains in 2025
As SpaceX and Databricks soared, private equity dragged on the pension fund’s results.
Plurilock eliminates CTO and COO, cuts exec pay as part of profitability push
Cybersecurity company hopes to achieve breakeven this year.
“When you deal with advanced technology, science fiction is not too far off.”
Calgary-based VizworX tackles complex R&D challenges while streamlining SR&ED claims.
Feds say TikTok can continue Canadian operations, but under new rules
After national security review, government reverses course on proposed ban of company’s Canadian operations.
BetaKit Most Ambitious returns on May 25
Marquee annual issue to spotlight innovators strengthening Canada’s autonomy, security, and prosperity.
Google for Startups Accelerator reveals 14 “AI-driven” companies in its Canadian cohort
Class of 2026 marks the first time 10-week program has hosted a startup from Sudbury.
OSFI’s Fast Track framework is a wake-up call for Canadian banks
Former Peoples Group CEO says FinTechs and challenger banks now have a clearer path forward.
Ottawa gives NRC $900 million for drone innovation hub and defence-focused IRAP stream
Commitment comes through $6.6-billion Defence Industrial Strategy.
Janet Bannister’s Staircase Ventures closes $50-million second fund
BDC Capital, University of Alberta, InBC join early-stage Toronto VC firm’s LP base.
Dominion Dynamics says it will invest $50 million to build a “sovereign autonomous wingman”
Uncrewed aircraft will be designed to fly alongside crewed fighters.
UniUni raises $85 million USD as it scales gig-powered delivery across North America
Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility.
Alberta’s technology minister continues data centre courtship at Digital Innovation Forum
Nate Glubish pitches province’s energy, low taxes, and cool climate.
Svante buys Alberta’s Carbon Alpha Corp.
Deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake.
OpenAI sets new safety standards following Solomon meeting and pressure over Tumbler Ridge response
After meeting with Sam Altman, Canada’s AI minister says OpenAI is taking “immediate actions.”