Layoffs spread to Clutch, Canada Drives as online auto marketplaces gear down
Clutch cut approximately 65 percent of its staff.
AutoTech
Volvo backs Waabi to accelerate driverless trucks commercialization
Waabi unveiled its self-driving product in November to gear up for road tests.
UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise
Oxbotica plans to hire for up to 50 new roles in Toronto office.
Ontario-wide collaboration on Canadian-made electric vehicle unveiled at CES
Project Arrow started as a design competition, won by Carleton University.
Bird Canada takes international counterpart Bird Global under its wing in merger
A Canadian management team will be established at Bird Global.
Ontario commits $19 million to the province’s regional tech hubs to bolster EV manufacturing
ventureLAB, Communitech, Invest Ottawa, NORCAT among the recipients.
Potential Motors, Chinova Bioworks, Introhive feted at New Brunswick innovation awards ceremony
Nine awards handed out at the first InnovateNB awards event.
Acerta closes $10.4 million CAD Series B to help automakers like Nissan and GM build car parts more efficiently
Acerta puts pedal to the metal and targets North American, European expansion.
Canada Drives fuels up with $10 million extension to support growth amid economic headwinds
Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.”
Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list
BenchSci, Vention among Canadian startups in the list.
TransPod unveils “ultra-high-speed” FluxJet vehicle as it begins construction on proposed Alberta track
TransPod aims to offer transportation between Edmonton and Calgary that’s “faster than a jet and three times as fast as…
BlackBerry, L-SPARK unveil third cohort for connected car accelerator
Third cohort sees return of Deeplite, Sensor Cortek.
Moment Energy signs supply agreement with Mercedes-Benz to repurpose used EV batteries
Moment Energy previously worked with Nissan in a similar deal.
7 Generation Capital secures $8 million from Siemens, Fonds de solidarité FTQ
The Vancouver startup helps fleet operators transition to electric vehicles.