Xanadu teams up with glass giant Corning to network quantum computing chips
Companies hope the fibre partnership is a step toward powerful, fault-resistant quantum machines.
Canadian Startup News
ExxonMobil takes CoLab Software’s AI tool out to sea with $5.6-million oil rig partnership
R&D funding supported hiring of 17 full time employees at CoLab’s St. John’s headquarters.
US deep tech VC Celesta Capital adds BDC alum Charles Lespérance as Canadian partner
Silicon Valley investor hires Montréal-based Lespérance to expand presence in Canada.
Seventy-five Ontario CEOs sign open letter calling on Premier Doug Ford to prioritize homegrown innovation
Demanding letter seeks provincial procurement and funding overhauls in the first 100 days of Ford’s new mandate.
As online threats get worse, Styx raises $2.7 million for digital risk protection platform
Repeat cybersecurity entrepreneurs take aim at brand impersonation, phishing scams, AI imposter content.
Nokia, Honeywell partner with Québec’s Numana to develop quantum-safe communication networks
“God knows” cybersecurity research is needed in this geopolitical context, economy minister says.
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.
Atomic discovery made at University of Ottawa could one day advance quantum computing, medical imaging
Physics team devised a new method for controlling ionization.
FreshBooks reveals new CEO Shaheen Javadizadeh after securing $179 million in debt from Morgan Stanley
Company expected to use new facility to refinance existing debt as interim CEO Mara Reiff moves to COO.
Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay
Feds announce plans to scrap inclusion rate hike because “Canada is a country of builders,” PM says.
Paging Dr. Cube: UniDoc to buy software from AMD Telemedicine to improve remote healthcare offering
Vancouver company recently shipped its first cube-shaped kiosks to help in conflict zones like Ukraine.
Sprout Family raises $1.7 million pre-seed round to make fertility benefits more accessible in Canada
Platform helps employers include fertility, surrogacy, and adoption coverage in their health plans.
It started as a testbed. Now it’s changing how BC tech grows
Innovate BC’s Integrated Marketplace is becoming a hedge against US uncertainty.
As trade war rages, Page raises $4.1 million to help organizations track government changes with AI
Ex-Shopify employees plan to expand their government-relations platform to US and UK.
CEOs of Clio and StackAdapt, VC leaders from OMERS and Panache among headliners at CIX Summit 2025
Elevate’s tech startup event will also feature pitch showcases and a private session for high-profile investors.