Nord Quantique, Xanadu, Photonic advance to next phase of DARPA quantum race
US military-backed initiative aims to build useful quantum computer by 2033.
BC
Grammarly rebrands to Superhuman as it expands from catching typos to AI productivity
Superhuman houses writing assistant, email, collaboration tools, and AI agents in a unified platform.
BDC Capital’s Cheri Corbett joins Pender Ventures as partner
Calgary-based Corbett joins a month after Isaac Souweine left the fund.
InBC CEO Jill Earthy leaves after “mutual decision” with board
Earthy expects no short-term strategy changes as organization searches for new head.
AI bookkeeping startup Ceedar is turning customers into investors
Ceedar nabs angel cheques from Canadian founders looking for simplified accounting options.
4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
D-Wave sells $400 million USD in common shares to fund acquisitions, working capital
Quantum computing firm joins competitors in selling stock for third time since December.
Boris Wertz thinks science is the new moat for Canadian tech
The Version One Ventures investor explains why he bets big on AI, robotics, and Web3.
Fispan continues industry trend of secondary-heavy deals with Series B round
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.
Women-led startups sweep first Pitch competition on stage at Web Summit Vancouver
Early-stage sustainability startup Lite-1 edged out Glüxkind and Vodasafe.
UrbanLogiq wants governments to rely on its AI-powered insights
Startup partners with engineering, IT firms WSP and Cubic to source private-sector data for government clients.
Bell to build six AI data centres in Canada as telcos compete on infrastructure
First two facilities in BC “supercluster” will have a fraction of typical AI data centre compute power.
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.
Former Blue Origin CEO to advise General Fusion on energy strategy
Bob Smith will serve as a strategic advisor as the Canadian firm moves toward commercialization.
General Fusion takes major step in quest for Canadian fusion reactors
The company hopes to commercialize energy from fusion in the next decade.