Isabelle Hudon says BDC is getting ready to support Canada’s defence tech sector in “a more aggressive way”
Latest report shows Crown corp. hiked VC investments and contended with “correction on valuation” in fiscal 2025.
Deep Tech
“Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype
On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity.
NordSpace’s rocket launch thwarted by faulty safety system, weather delays
Attempt at delivering the first Canadian commercial rocket launch delayed until at least September.
NASA will hold its 2025 Space Apps Challenge in Canada starting October 4
Hackathon has a wide audience solving Earth and space challenges using real data.
Proposed SR&ED changes could boost tech companies and national productivity, experts say
Both private and public Canadian companies could claim capital expenditures again if legislation advances.
General Fusion staves off funding crunch with $30 million CAD to fuel quest for commercial fusion power
CEO’s public plea answered as company resumes advancement of its fusion demonstration program.
North Vector Dynamics secures $4.2-million contract with National Defence for hypersonic propulsion
Calgary-based startup says Canadian VC interest in military technology is growing.
Deep Sky boots up inaugural direct air carbon capture facility in Alberta
Cleantech company plans to remove 3,000 tonnes of CO2 from the air by the end of the year.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead.
Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment.
NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland
Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month.
Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
NGen helps lead $108-million investment in sustainable manufacturing tech
News comes as Carbon Upcycling breaks ground on a CO2 capture facility.
Why Canada’s federal government keeps talking about quantum tech with Xanadu’s Christian Weedbrook
A federal push for quantum sovereignty comes at the right time for Xanadu.
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.