Sheertex maker SRTX confirms permanent cuts for 92 employees
Montréal startup formalized August dismissals shortly after CEO handoff to BonLook co-founder Sophie Boulanger.
Canadian Startup News
Telus opens inaugural Sovereign AI Factory in Rimouski
Facility lets Canadian entities develop and tweak AI while keeping their data in Canada.
Canadian tech looks to poach H-1B visa castaways as its own âambitious foundersâ flee
Industry leaders say keeping Canadaâs startups here will take more work, and smart decisions.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
Cohereâs valuation hits $7 billion USD following $100-million round extension
Canadaâs leading AI company raised $500 million USD at a $6.8 billion valuation in August.
SAAS NORTH is serving up a new playbook for founders
On Nov. 5-6, Ottawa will host two days of candid talks on building and scaling SaaS in the age of AI.
FluidAI lands FDA clearance to sell post-surgery monitor in the US
Kitchener-Waterloo healthtech startup eyes Series B to fuel US commercialization.
Nesto bets on big banks as a way to provide more Canadian mortgages
MontrĂ©al-based mortgage lender says proprietary data is its âunfair advantage.â
Variational AI lands âup toâ $349 million USD to discover drugs with Merck
Vancouver firm’s AI platform will generate chemical compounds based on Merckâs therapeutic targets.
Simple Ventures announces $15 million to bring innovation and talent back to Canada
Major companies like TD and Sun Life back venture studioâs vision.
Loblaw expands Gatik deal to 50 driverless trucks by 2026
Renewed partnership moves beyond trials to serve more than 300 GTA stores.
Venture for Canada taps Steven Wang for CEO
Wang takes over as founder Scott Stirrett steps down.
Toronto Tech Week returns in 2026
2026 edition will take place in May and feature the return of the flagship Homecoming event.
Mycroft raises $3.5 million USD to deliver âGoldilocksâ security for startups
Ex-PartnerStack leaders want to give SaaS companies enterprise-grade security without the overhead.