Photonic claims breakthrough in quantum computing error correction
Company paper claims a new code family can perform quantum operations with lower physical qubit requirements.
British Columbia
GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
Mangrove Lithium secures $50.4 million to construct lithium refining plant in British Columbia
Company claims facility will produce enough battery-grade materials annually to power 25,000 EVs.
Canadian quantum commercialization and research projects get federal funding boost
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects.
Moment Energy raises $21.5-million Series A amidst tough funding climate for cleantech hardware startups
EV battery repurposing startup to double size of Vancouver HQ and build gigafactory in Texas.
Leaders from Clio, Certn, Humi and others talk M&A at TechExit.io
Join TechExit.io on Feb. 25 in Vancouver to learn how to navigate 2025’s dealmaking landscape.
Cyclic Materials, Ionomr Innovations, Summit Nanotech among Canadian returnees to the 2025 Global Cleantech 100
Eight of the nine Canadian companies on this year’s list were also on last year’s.
BBTV rebrands to RHEI, launches new AI training licensing platform for creator content
Media tech firm went private last year to alleviate “financial and administrative burden” of public markets.
Work automation platform Gumloop raises $24.5-million Series A as it relocates to Silicon Valley
Gumloop CEO says Vancouver suffers because “San Francisco is a very strong magnet for exceptional talent.”
Broadsight appoints Steve Lowry as CEO to help UBC spinout build “the Salesforce for comms”
Co-founder Kurt Heinrich transitions to CSO in leadership shuffle.
New Blue Action Canada oceantech accelerator launches backed by COAST and Founders Factory
Pilot cohort will support eight startups in BC with plans to expand Canada-wide later this year.
Bench had a crazier holiday break than your startup
Bench acquired by Employer.com three days after abrupt Dec. 27 closure.
Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canada’s assets, Round13 wants to target underfunded startups with TIMIA.
D-Wave completes $175-million USD stock sale to fuel quantum computing development
CEO says fundraise “substantially improves” D-Wave’s financial strength.