Xanadu and University of Alberta partner on quantum-powered cancer research
Researchers hope quantum computing can help develop next-gen photosensitizers for light-based therapies.
Briefs
High-profile investors, tech leaders to speak at CVCA global investment forum
Event takes place ahead of Prime Ministerâs investment summit in September.
Telesatâs steep Q2 net loss slows its stock bull run
Satellite operator attributes its $559-million net loss to increased value of debt and warrants.
Medical networking app The Rounds acquired by Native Touch
Halifax-based company will maintain standalone brand and continue hiring in Atlantic Canada.
RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal
US-based private equity firm Francisco Partners purchases one of Canadaâs largest payment processors.Â
Fisent Technologies raises $4.3 million USD to help enterprises automate AI use
Toronto startupâs revenue grew more than 200 percent last year amid economy-wide rush to adopt AI.
Autonomous welding startup TetraGen Robotics raises $1.8 million
Oversubscribed round was led by StepChange Capital and will help company commercialize.
Max Power is maxing out geological exploration with AI
The mining company drilled Canadaâs first well dedicated to natural hydrogen. Now itâs looking to commercialize.
SAAS NORTH AI, Dominion Dynamics launch new dual-use defence summit
Deploy is a founder-focused summit in Ottawa for companies expanding into defence.
U of C to lead creation of Canadaâs first quantum defence innovation hub
Feds will invest more than $20 million in 13-member consortium focused on military applications.
CarDoor launches seller marketplace built on real-time biddingÂ
MarketCheck moves CarDoor away from consumer retail toward dealer-focused sales.
Goodfood seeks creditor protection after CEO resigns
Montreal meal-delivery company wants time to restructure the business amid liquidity constraints and mounting debt.
U of T prof Sanja Fidler leaves as Nvidiaâs VP of AI research
Fidler did not reveal her next move, but said world models are the ânext breakthroughâ in AI.
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAiâs air screening devices.
Mode40 and CME partner to launch Prairies-wide AI initiative for aerospace, aviation, and defence
AeroTrace is designed to demonstrate the value of AI-enabled systems in industrial manufacturing.