AI, startups, and Simu Liu: Elevate Festival announces 2025 schedule
Tech event expected to bring 10,000 attendees to downtown Toronto between Oct. 7-9.
Canadian Startup News
Shopify COO Kaz Nejatian leaves to lead Opendoor
Nejatian leaves for US real estate firm where pay package could exceed $2.6 billion USD.
The fundamental misunderstanding of open banking that’s costing us all, big time
Open banking’s absence is fuelling a silent small business crisis.
Q4 Inc. names Lewis Black as new CEO, founder Darrell Heaps steps back
Heaps led Q4 Inc. through a go-private acquisition last year.
Wittington Ventures hires former MaRS IAF leader Zeeshan Ali as partner
Weston-backed VC adds Ali to help lead its cleantech and healthtech innovation fund.
NordSpace granted new window for Canada’s first commercial rocket launch
Aerospace startup’s previous attempts foiled by weather conditions, faulty safety systems.
OpenAI pushes for Canadian publishers’ copyright lawsuit to be heard in the US
AI giant argues its models were trained outside of Ontario, while publishers say content is Canadian.
2Keys security breach exposes government-stored emails and phone numbers
Treasury Board says info tied to CRA, ESDC, and CBSA users was accessed before phishing attempts.
Bo’s rollercoaster year ends in “seven-figure” acquisition
After layoffs, stalled funding, and doubts about survival, Montréal startup acquired by Tricentris.
LocusX raises $3-million seed round to debug game code with AI
Platform aims to improve “fix rate” for developers facing growing demands.
Climate tech needs a plan B
Foresight Canada’s new program aims to accelerate climate adaptation ventures.
Exro Technologies CEO resigns as stock price plummets
Struggling EV tech company laid off 60 workers last week.
Ssense wins temporary protection in battle with creditors
Montréal fashion retailer granted stay order as lenders push for a court-supervised sale.
Feds invest $5.8 million to boost BC’s carbon management tech
Natural Resources Canada backs Agora, Anodyne Chemistries, and Svante as BC cements reputation as cleantech hub.
Shopify and VitalHub return to TSX top 30 list while Propel Holdings and MDA Space make debuts
Canadian tech delivers the strongest average share price increase in this year’s rankings.