Canada launches its own quantum research program to rival DARPA initiative
Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding through CQCP.
British Columbia
Simuhealth raises $2.6 million pre-seed to modernize healthcare training
New capital will help Vancouver startup scale its training management platform across North America.
General Fusion reportedly faces pressure to go public after $51.5-million raise
Investors reportedly pushing company toward public markets as race for fusion power intensifies.
Canadian-led Quilt brings its smart heat pumps north
After launching in 14 US states, Quilt systems are now available in five Canadian provinces.
CereCura secures $1.4 million to tackle brain disorders with COVID-era vaccine tech
UBC spinout aims to conquer blood-brain barrier to improve protein delivery to the brain.
Ex-Deep Sky science chief co-launches cement decarbonization startup Cura
Phil De Luna joins UBC researcher and Aurora Hydrogen co-founder to develop novel CO₂ removal tech.
Vistara Growth closes $321-million USD fund after “friend-raising to the max”
Fifth fund closes after nearly two-year raise that fell short of “ambitious” initial goal.
Clio secures $500-million USD Series G as it completes vLex acquisition
BC legaltech firm nabs $5-billion valuation plus $350 million in debt to help close deal.
Carbonova, SenseNet, Xatoms among cleantech startups named to latest Foresight 50
Fellow first-time honourees also include Hydron Energy, Picketa Systems, Vivid Machines.
Arca strikes 10-year carbon removal deal with Microsoft
For the second time this year, Microsoft has partnered with a Vancouver carbon capture startup.
Hootsuite lays off 20 percent of its global workforce
The social media management platform was recognized as a BC anchor company last week.
FINTRAC issues record-setting, $177-million fine against crypto exchange Cryptomus
Money laundering watchdog hands out hefty penalty for failure to submit over 1,000 suspicious transaction reports.
Clio the latest Canadian company to partner with Affirm for “buy now, pay later” service
Legaltech company also launches its own capital advance program as it tackles the enterprise market.
Clio caps off year of big acquisitions by launching new enterprise division
Enterprise suite provides software for legal and business operations sides of large law firms.
Spring Impact Capital closes $14-million fund to grow Canada’s climate and healthtech ecosystem
The Vancouver impact fund has already invested $2 million across eight Canadian startups.