Megadeals kept Canadian VC funding afloat in 2024: report
Clioâs historic Series F round prevented Canadaâs VC funding totals from dropping six percent year-over-year.
Canadian Startup News
Certn and Quadshift secure capital from BDC Capitalâs topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Local leaders launch Toronto Tech Week to accelerate cityâs ambitions
New annual event financially backed by City, Google Cloud, and Shopify, with support of over 40 community partners.
BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments
Investment bankâs Growth Venture Fund will now directly invest in Canadian tech companies.
Glassbox announces $1.65 million in funding to âreimagine the spreadsheetâ for corporate finance
Ex-investment banker aims to help former peers build financial models faster with AI.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.
Canada looks to strike balance between AI innovation and regulation at Paris AI Summit
Trudeauâs likely last AI policy contributions come as the EU and US grow further apart.
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
Major media companies sue Cohere for alleged copyright infringement
Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.
Photonic claims breakthrough in quantum computing error correction
Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.
Canada Growth Fund commits up to $50 million to Longbow Capitalâs second Energy Transition Fund
Commitment marks the 10th investment from the federal governmentâs clean energy investment fund to date.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were âmisleading.â
Knix, Hopper, Grammarly founders among business leaders asking for âimmediate recallâ of Parliament
Canadian tech CEOs and investors join open letter signatories urging government to face tariff threat.
How TD moved petabytes of data to the cloud with Microsoft and Accenture
The migration that rewrote the data playbook of one of Canada’s largest banks.