Shopify buys shop.com domain
With potentially lucrative purchase, e-commerce giant appears to be shoring up its branding.
Canadian Startup News
Canada Rocket Company breaks ground on large engine test facility in London
Company says facility will create 40 jobs and help anchor its medium-lift launch vision.
Rewind CEO Mike Potter wants to “back up the entire cloud” following private-equity takeover
Data backup firm looks to use new ownership to take advantage of AI-era tailwinds.
Q&A: Animikii’s Jeff Ward on #DataBack and what the world can learn from Indigenous tech
Animikii’s Niiwin platform is being developed to reclaim, organize, and safeguard Indigenous data.
With launch of new app, BC startup Bridge looks to digitize reconciliation
Bridge Impact AI uses Indigenous-sourced data to provide resources for reconciliation practices.
Workplace AI adoption accelerates among Indigenous peoples
Toronto Metropolitan University report shows rate of Indigenous workers using AI outpacing counterparts.
How Brodie Rec is turning recreational basketball into a $10-million growth story
Toronto app that helps you feel like a basketball star wants to be in 100 North American cities by the end of 2027.
Quantum eMotion to acquire fellow Canadian cybersecurity firm Plurilock
Quantum-focused Montréal firm wants to use Victoria-based counterpart to broaden cybersecurity offerings.
Ex-General Fusion employee raises $4 million USD for fusion diagnostics startup Daedal
Toronto-based firm provides plasma measurement systems for fusion companies.
Sentinel R&D CEO says drone company is “selling directly to the Ukrainians”
Defence tech company previously signed deal with Airlogix to supply Canadian drones to Ukraine.
French VC firm AdBio expands into Canada with Montréal office
Québec fund Fonds de solidarité FTQ is backing AdBio’s 120-million-euro Fund III.
ThoughtWire explores sale after debt-fuelled growth strategy fails
Toronto software firm has struggled to bounce back from COVID-19 and high debt burden.
Biossil hits unicorn status with new OpenAI-led financing
Toronto-based biotech raises $153 million USD to give discarded drug candidates an AI-assisted second chance.
Tailscale, Windscribe co-sign open letter asking feds to further amend Bill C-22
Canadian and European tech companies still have concerns over federal “lawful access” bill.
UniUni seeks new round of private funding as SPAC deal falters
Delivery company enters term sheet with existing investor after MAK Acquisitions challenges deteriorating finances.