AI takes centre stage on Elevate’s opening night
From job loss to mental health, innovation leaders unpack the human impact of AI.
Canadian Startup News
Former Dye & Durham leaders resurface with $100-million USD SPAC targeting Canadian tech
MAK Acquisitions eyes technology businesses that provide “critical solutions in niche markets.”
PhenoTips raises $2 million to expand “genomic health record” platform’s global reach
Startup will expand in Canada and the UK while laying groundwork in the US, Europe, and Middle East.
Cyclic Materials the first Canadian company to crack MIT Technology Review’s climate tech list
Annual list highlights “the most promising” companies tackling climate change on the planet.
Radical Ventures holds $650-million USD final close for new early-stage AI fund
Fund backed by $75-million USD contribution from The Canada Pension Plan Investment Board.
Felix eyes preventative health market with new “longevity” testing program
Canadian telehealth company expands beyond on-demand prescriptions for stigmatized conditions.
The Hinton Lectures return as AI’s safety cracks widen
The lectures will probe what it takes to keep increasingly powerful models in check.
TransPod partners with Canadian steelmakers for 1,000-km/h Alberta rail project
Algoma Steel and Supreme Steel to supply and build backbone for Calgary-to-Edmonton rail line.
CDL Defence, Vimy Forge, and Calian Ventures launch programs to boost Canadian defence tech
A wave of new accelerators aim to accelerate dual-use startups and strengthen sovereignty.
Inaugural Melamoon pitch competition awards $200,000 to Black founders
Winners include a smart hard hat for construction workers, a comfort-food startup, and a skincare brand.
NordSpace and C-Core partner to build ground station infrastructure across Canada
Stations support tracking and controlling aerial systems like satellites.
Swiirl teams up with former Raptors star Jerome Williams for 40-city student tour
Shooting for Peace tour will pair basketball with lessons in financial literacy and mental health.
Manzil surpasses $100 million in halal mortgages for Muslim Canadians
CEO says FinTech’s strong pipeline highlights unmet demand for faith-aligned financial products.
OpenText to sell off “non-core” eDOCS unit for $163 million USD in cash
Enterprise software firm will pay off debt and continue evaluating its assets.
Canada’s productivity problem takes center stage at Competition Summit 2025
Industry leaders say regulation is stifling startups, even as Ottawa pledges to be “hawkish” on competition.