Svante buys Alberta’s Carbon Alpha Corp.
Deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake.
Canadian Startup News
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.”
Ssense cut more than 200 jobs days after founders won bid to buy back company
Layoffs follow a Québec court decision that blocked lenders push for an asset sale.
CVCA and NACO offer competing visions for feds’ $750-million venture envelope
NACO points to early-stage gaps, while CVCA wants capital committed to growth.
Blackline Safety pairs connected gas detection with K9 leak hunting
Harness-mounted G6 devices log GPS-tagged readings to validate detections along pipelines.
Syantra’s breast cancer blood test isn’t looking for cancer at all
Calgary startup plans a summer launch for Onco-ID, a breast cancer test built around immune signals.
Kraken dives deeper into defence with $615-million Covelya Group acquisition
Acquisition would create a larger subsea player spanning defence and commercial markets.
What’s powering the algorithm that gets you a good night’s sleep?
How NovaResp is using student talent and AI to improve sleep apnea therapy.
Spellbook looks to scoop up legal AI competitors with $40-million USD in debt financing
Legaltech startup on track to hit $100-million USD ARR off faster-than-expected growth.
Landing Zones Canada’s AI-enhanced drones get upgrade with $1.1-million investment
PrairiesCan funding will help Medicine Hat company enhance its autonomous high-altitude drones.
Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects
Evan Solomon announces support for Université de Moncton, Volta Labs, Digital Nova Scotia, and others.
NationGraph raises $18 million USD to bring AI to the black box of government contracting
Canadian co-founded startup is building AI intel platform for teams selling to governments.
Wealthsimple becomes first Canadian FinTech to join SWIFT network
Membership continues Toronto firm’s push into international payments.
The quiet militarization of Canadian AI
Canadian AI styles itself as ethical but is reorienting towards military and dual-use technology.
Canada’s small businesses felt the “true cost of a fractured global economy” in late 2025
Xero report shows largest quarterly decline in sales growth since fall 2020.