“Intimate, safe, and enduring”: How a founder’s personal loss led to a new kind of business
Cremation Tattoos worked with North Forge to turn a reverent memorial practice into a scaling business.
Canadian Startup News
U of C to lead creation of Canada’s first quantum defence innovation hub
Feds will invest more than $20 million in 13-member consortium focused on military applications.
CarDoor launches seller marketplace built on real-time bidding
MarketCheck moves CarDoor away from consumer retail toward dealer-focused sales.
Cross Border Impact Ventures secures $58 million USD for fund focused on women’s, children’s health
Toronto-based impact investor hopes to more than double the fund by second half of 2027.
Goodfood seeks creditor protection after CEO resigns
Montreal meal-delivery company wants time to restructure the business amid liquidity constraints and mounting debt.
Shopify stock surges on revenue beat in big quarter for merchants
Gross profit grew by 30 percent as company shipped agentic AI tools for e-commerce.
White Star Capital closes $350-million global fund
Managing partners say diversification and returns helped them in a difficult fundraising market.
U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research
Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.
Calogy secures $1.2-million contract to power Jaunt’s autonomous drones
Sherbrooke cleantech startup to design lightweight battery system for Jaunt’s next-generation aircraft.
Mode40 and CME partner to launch Prairies-wide AI initiative for aerospace, aviation, and defence
AeroTrace is designed to demonstrate the value of AI-enabled systems in industrial manufacturing.
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
Claryx raises $3.5 million USD to detect hospital outbreaks before they start
Canadian co-founders say they’re starting in the US because it’s simpler to sell in private system.
Canadian VC dollar deployment sees first early-year increase since 2021
CVCA report shows capital continues to concentrate into fewer, larger deals.
Calgary crypto exchange Catalyx permanently barred from operating
Former crypto exchange’s CEO, Hyuk Jae Park, will also pay a $90,000 fine to Alberta Securities Commission.