Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition
Son of GaN Systems co-founder John Roberts calls deal “a boon for Canada.”
Canadian Startup News
Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models.
After pivoting focus from sellers to buyers, Kiwiz hopes to be the Uber for car inspections
Kiwiz has raised $600,000 CAD in pre-seed funding.
Federal, Québec governments invest over $7.6 million into quantum telecom testbed
The testbed will allow businesses to experiment with quantum technologies for telecom networks.
Stuart Lombard, Ecobee founding CEO and president, announces retirement
Chief product officer Greg Fyke has assumed the role of president.
PADS Financial secures $3 million CAD in pre-seed funding, launches online mortgage platform
PADS looks to leverage AI and blockchain with its online mortgage servicing platform.
PacifiCan invests $9.9 million CAD into Innovate BC’s cleantech adoption initiative
The Integrated Marketplace links local tech companies to industry partners looking to decarbonize.
As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support
New report comes after US commits over $50 billion to its own domestic chip sector.
QuoteMachine adds $3.7 million in new funding to streamline the sales stack for merchants
The Montréal-based startup is led by Lightspeed alumni.
Despite strong 2022 for cleantech, EDC report finds Canada lags peers on R&D spending, funding, converting startups to scaleups
VC investment in Canadian cleantech jumped 63 percent in 2022 despite a tough economy.
Blockchain payments firm Ripple is hiring software engineers in Canada
The San Francisco-based company is looking for software engineers in its Toronto office.
Canadian Council for Aboriginal Business receives $500,000 in federal funding to address barriers for Indigenous entrepreneurs
The new funding will help the CCAB promote the federal government’s 50-30 challenge.
Traffic management startup Miovision closes $36 million CAD, bringing latest round to $296 million
Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth.
Workplace investigation platform Case IQ acquires hotline service Whistleblower Security
Case IQ sees telephone hotlines as a “crucial” element of case management intake.
“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.