ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand
The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
Funding
More than $6 million in federal defence funding bound for Alberta
Funding will support Edmonton’s Wyvern and the establishment of a new commercialization centre at the U of A.
Feds put nearly $29 million toward cleantech projects across Canada
Funded projects include Red Deer solar research and two Saskatchewan projects studying carbon capture technology.
Xanadu makes solid debut as it begins trading on TSX and Nasdaq
Toronto-based quantum company the first new Canadian tech firm to list on the TSX since 2021.
CAAIN launches $9-million open competition to support AgTech innovation
Competition aims to bridge divide between innovation and commercial adoption.
Miraterra announces $16 million to advance its soil measurement tech
Terramera subsidiary looks to build on its recent Trace Genomics acquisition with seed extension.
Chexy raises $14 million Series A led by Khosla Ventures
Rewards platform to expand from rent rewards into broader payments platform.
Spark Microsystems secures additional $17 million in Series B funding
Montréal chip firm aims to enable next-gen, short-range wireless communications.
UBC and InBC launch new fund to support university spinouts
Private capital will add to $10-million contributions from both UBC and InBC.
Calgary’s new cleantech research centre gets $4.25-million boost from federal government
CFI investment will help CeFar improve low-carbon tech like batteries and fuel cells.
BKR Capital secures initial $20 million for second Black Innovation Fund
Firm aims to address growing VC funding gap for Black founders in Canada.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
Three Alberta genomics projects land federal funding
Funding part of $20-million nationwide investment into genomics research.
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI
Two Small Fish backs U of T spinout’s logging infrastructure technology.
PrairiesCan puts nearly $1 million behind SK Startup Institute for entrepreneur training and mentorship
Money comes through PrairiesCan’s Regional Innovation Ecosystem Program.