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.
BC
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.
Luge Capital, Pender Ventures hire in Alberta following investments from AEC
Luge adds investor Chelsea Gillett from The51, Pender adds associate Jacob Grainger from Plug and Play.
Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies
Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.
Applications open for Innovate BC’s Ignite program to fund local R&D projects
Grants of up to $300,000 are available to BC initiatives in cleantech, energy, mining, agriculture.
Innovate BC taps IP expert Peter Cowan as next president and CEO
Cowan most recently led Ontario’s intellectual property agency.
Eavor, Ionomr Innovations, Summit Nanotech among 13 Canadian companies named to 2024 Global Cleantech 100
Seven of the 13 Canadian cleantech companies hail from British Columbia.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
HS GovTech Solutions acquired by Banneker Partners
HS GovTech is the latest Canadian tech company delisting from public exchanges.
InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures
These startups, VC firms align with InBC’s “triple bottom line approach.”
FinTech startup Peloton Technologies announces acquisition of KIS Payments
The deal comes almost four months after Peloton received $1.5M from PacifiCan.
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion
Squamish cleantech startup latest to be attracted by US green tax credits, incentives.