Katalyze AI thinks the future of pharma operations is teams of AI agents
WFHomie co-founder and former Sanofi leader close $10.5 million USD to speed drug development.
Briefs
Scandium Canada acquires, rebrands ski-maker Ferreol Technologies
Ferreol’s alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
Hopper to pay $35 million USD to settle US FTC suit over “hidden fees”
US federal regulator says Montréal travel app’s previous tech unfairly charged customers.
Canadians can once again access Anthropic’s Fable after US lifts ban
Anthropic says the jailbreak that prompted the contentious foreign-access ban worked on other AI models, as well.
Telesat donates satellite capacity for Venezuela’s recovery efforts
Local telecom to use connectivity for communications and emergency response.
Vancouver Police sergeant becomes first Canadian ALS patient to receive Neuralink brain implant
Toronto’s University Health Network debuts new neurosurgical technique to insert Elon Musk-owned medical device.
AI minister says Ottawa considering taking the lead on AI investment rounds
Minister Evan Solomon spoke to the government’s shift from supporter to stakeholder on The BetaKit Podcast.
Stathera raises $55 million USD for semiconductor clock tech amid data centre boom
CEO says there’s “no reason” precision timing tech can’t be built in Canada.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
Vector Institute launches open-source AI bias detector
New tool aims to flag and rework biases in writing and AI datasets.
InvestEco Capital raises $106 million for fourth sustainable food fund
Toronto-based investor targets companies promoting a healthier, more sustainable food sector.
Deep Sky delivers North America’s first direct air capture carbon credits
Montréal-based company’s Alberta facility pulled carbon straight out of the air on behalf of RBC and Microsoft.
Canada is gaining corporate VCs, but still has “a participation problem,” report finds
Deloitte reports that Canadian corporate VC deal volume dropped 20 percent in 2025.
Mecka AI acquires Docula as it builds the data layer for robotics
Three-person Canadian AI startup joining the majority-Canadian Mecka team.
Feds release proposed open banking regulations
Draft rules would require banks to share account, transaction data upon request.