Inovia promotes Mia Morisset to partner on growth team
Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.
Briefs
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Linux Association of Canada launches national open-source library
Library hopes to provide access to open-source software developed mainly in Canada.
Cohere says it is not working with Palantir
Toronto AI company says it has no relationship with US firm, despite reports of a partnership.
Calgary’s SensorUp closes growth financing led by Pender Ventures
Financing will go toward scaling SensorUP’s agentic operations platform.
Stablecoins will eventually “leapfrog” real-time rail payments, finance leaders say
Panelists at the 2026 Canadian Finance Summit agreed that stablecoins present better value than RTR payments.
Mecka AI announces $60 million USD to power physical AI
Canadian-led startup aims to build “the data and deployment layer” for robotics.
Canadian government gains access to Anthropic’s powerful Mythos model
Anthropic has kept Mythos in limited release amid concerns hackers could exploit the model.
Robinhood officially enters Canada, following WonderFi acquisition
WonderFi’s president and CEO departed following the close of the deal.
Version One Ventures raises $108 million USD across two new funds
But Vancouver-based deep tech investor is increasingly looking outside of Canada.
Canadian B2B software firms are falling behind in agentic AI: report
Georgian survey shows domestic companies lag international peers in “foundational” AI adoption.
Arteria AI CEO Shelby Austin is wary of Canada naming national tech champions
Austin argues the country needs to “widen our aperture” and let the market pick winners.
Purpose CEO Som Seif says “self-centred” finance industry is killing competition
Amidst battle with OSC, Seif claims incumbents wield the regulated nature of the financial industry against change.
Wealthsimple to offer early access to IPO trading
Upcoming IPOs for SpaceX and Anthropic are boosting demand.
Award-winning author Ken Liu is not afraid of AI slop
Liu is fine with AI coding, but finds the notion of it writing stories for him “revolting.”