Ex-AWS leaders bring Soma out of stealth with a plan to ease the data centre power crunch
Soma Energy has raised $7 million USD for AI-powered optimization for electricity infrastucture.
British Columbia
How Sonibel can hear when a welder makes a mistake
UBC grads raise $1.6 million USD for acoustic sensor that identifies errors while you weld.
Feds invest $79 million in Aspect Biosystems to develop 3D-printed tissue treatment
Investment supports $280 million project to “significantly enhance” Aspect’s clinical development capabilities.
Miraterra announces $16 million to advance its soil measurement tech
Terramera subsidiary looks to build on its recent Trace Genomics acquisition with seed extension.
UBC and InBC launch new fund to support university spinouts
Private capital will add to $10-million contributions from both UBC and InBC.
Online legal database CanLII and AI startup Caseway settle copyright dispute
Settlement terms are confidential but both parties say they will move forward independently.
Five Canadian scaleups crack Thrive Top 50 AgTech Companies list
4AG Robotics, BinSentry, among companies recognized as “most innovative scaleups.”
Tailscale makes first acquisition with Border0 purchase
Corporate VPN startup will expand Vancouver footprint as it absorbs entire Border0 team.
Walter acquired by Legora as legaltech sector consolidation continues
Walter team will join Swedish giant to rebuild company’s core technology into Legora’s platform.
Gumloop sticks $50-million USD Series B round to let employees build their own AI agents
Despite leaving for San Francisco last year, Gumloop wants to rebuild its Canadian presence.
Plurilock eliminates CTO and COO, cuts exec pay as part of profitability push
Cybersecurity company hopes to achieve breakeven this year.
Google for Startups Accelerator reveals 14 “AI-driven” companies in its Canadian cohort
Class of 2026 marks the first time 10-week program has hosted a startup from Sudbury.
UniUni raises $85 million USD as it scales gig-powered delivery across North America
Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility.
Svante buys Alberta’s Carbon Alpha Corp.
Deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake.
OpenAI sets new safety standards following Solomon meeting and pressure over Tumbler Ridge response
After meeting with Sam Altman, Canada’s AI minister says OpenAI is taking “immediate actions.”