Relay secures $50 million USD to bring more small businesses to its banking platform
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses.
Funding
PrairiesCan reveals $6.8 million in AI support funding at Upper Bound
Edmonton’s largest AI conference celebrates its fifth anniversary this year.
Feds back new group embedding graduate researchers with Canadian companies
TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.
CMC Microsystems picks 11 winners for $10.7-million edge computing challenge
Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.
Telecom software startup Gaiia secures $40-million USD Series B round
Québec City spin-out of Oxio sells software for challenger telecoms.
Ian Crosby is back with a new accounting startup for the agentic AI era
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic.
Top Down closes VC fund aimed at “invisible infrastructure” of the global economy
Vancouver firm beats $25-million USD target for fund backing early-stage MSP and AI startups.
UniUni to reportedly go public on TSX in $1-billion USD SPAC deal
BC-based last-mile delivery firm says it could pass $1 billion USD in sales this year.
AI investment firm DevCap closes $5 million as it eyes public listing
10 startups in, the poker players-turned-VCs behind the firm unpack its progress and plans.
Feds announce $66 million for 44 businesses through AI Compute Access Fund
Program offers financial support to subsidize costs to commercialize or scale AI projects.
Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide
With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally.
“Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC
Projects include upscaling existing Kamloops data centre and two new, Vancouver-based centres.
Ontario government invests $5 million into life sciences and healthtech startups
Kare Chemical Technologies, Myomar Molecular, Stoked Bio, among the recipients.
Moment Energy raises $40 million USD Series B to give used EV batteries new life
Company plans to use capital to expand manufacturing, hiring
Biopharma giant Sanofi to grow Toronto presence with expanded AI centre
French company says $294-million investment will create 50 new jobs.