Feds invest more than $8 million in defence production in Saskatchewan
Advanced manufacturing, AI drone command, and heavy-vehicle testing all receive support.
Funding
Serenity Power announces $1 million pre-seed investment
Led by Avatar Ventures, funding will aid in prototyping and expansion.
BDC’s new $500-million loan program will help smaller businesses adopt AI
The LIFT initiative offers loans of up to $5 million for businesses to buy AI applications.
Biossil exits stealth with $70 million USD to give failed medicines a second chance
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.
Carbonyx raises $1.2 million to turn mining waste into usable materials
CEO says true mission is to make carbon capture economically viable again.
A&K Robotics closes $8-million Series A round to put self-driving pods in airports
Vancouver-based company will use funding to move from pilots to permanent deployments.
ViewsML secures $4.9 million to help scientists virtually analyze tissue samples
Wittington, Mayo Clinic back startup’s plan to build world’s first virtual biomarker library.
Canadian Strategic Missions Corporation takes one small step to support life on the Moon
Waterloo company wins grant funding for nuclear microreactor and water purification projects.
Edmonton businesses get federal funding to automate homebuilding, manufacturing
Several projects include a focus on automating workflows, integrating AI.
NorthX invests $2.2 million in trio of BC wildfire tech startups
Crwn.ai, Nova, and Skyward Wildfire Technologies have secured follow-on funding.
Dentistry gig work platform Fairly Staffing aims to help industry meet demand
Edmonton startup announced new investment from Accelerate Fund.
SBQuantum nabs $4 million USD, new CEO as it preps for US expansion
Sherbrooke firm secures first private capital after deploying its quantum sensors in space.
Canada opens applications to build a public AI supercomputer
Up to $890 million up for grabs to design, construct, and operate the system.
Mistral Venture Partners sets up shop in Alberta
Following fifth fund closure, VC firm eyes Calgary as the home base for a permanent Alberta expansion.
Common Wealth secures $12-million Series A to help deliver workplace retirement plans
The Toronto FinTech firm aims to make it easy and affordable to offer retirement benefits.