BDC launches $150-million life sciences fund
Parimal Nathwani will manage fund directly investing in therapeutics and MedTech companies.
toronto
Blackline Safety to go private in $850-million deal
US-based Francisco Partners to lead privatization of TSX-listed industrial safety tech firm.
Neo Financial becomes second FinTech to join Interac payment system
Interac expanded eligibility to payment service providers in September 2025.
Canada’s next moonshot?
Plus: Saskatchewan goes quantum.
Why many of Canada’s tech centaurs are in no rush to go public
Leaders from Clio, GeoComply, Wealthsimple, and others talk IPOs and the “SaaSpocalypse.”
Carbon Upcycling secures up to $10 million USD as it chases cleaner concrete
Cleantech firm plans to put capital toward its first commercial project in Mississauga.
NGen announces nearly $80 million for Canadian manufacturers to adopt AI
Funding comes from industry partners and through Pan-Canadian AI Strategy.
Lockheed Martin Canada invests $3.6 million into Lemay.ai
Project supports AI R&D for “sovereign knowledge management.”
Relocalize to build fully autonomous “dark” microfactory in Montréal
Startup opening sustainable microfactory for water cold packs that will run in complete darkness.
Aretek is printing a new path for the construction industry
Markham’s tech sector is helping Aretek produce the data regulators need to greenlight 3D printing in construction.
ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand
The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
Venture studio AXL appoints fellows from Nvidia, NASA, Samsung
First cohort of senior U of T scientists aims to bolster studio’s industry expertise.
Will Xanadu lead Canadian tech back to public markets?
Plus: Canadian VCs fear an AI-driven “SaaSpocalypse.”
Xanadu makes solid debut as it begins trading on TSX and Nasdaq
Toronto-based quantum company the first new Canadian tech firm to list on the TSX since 2021.
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.