Dominion Dynamics raises $21 million to build Canada’s “defence neoprime”
Ottawa startup eyes prime defence contractor role as defence spending surges in Canada.
Funding
Mangrove Lithium announces $85-million USD financing to power critical mineral refinement for EVs
Investment comes from Canada Growth Fund, BMW, and Bill Gates’ investment fund.
MedEssist’s Access To Care program has turned 100 Ontario pharmacies into mini-clinics
Milestone follows recent seed investment from Staircase Ventures and Hyperplane VC.
Science&Humans raises $10 million as hormone health enters the mainstream
Toronto startup hopes Series A round will propel it beyond its 60,000 patients.
Slate raises $1.3 million to deliver embedded lending infrastructure to Canadian platforms
Vancouver startup aims to help firms provide SMB loans without building infrastructure.
Saskatchewan accelerators invest nearly $2.2 million in Prairies tech
Innovation Saskatchewan’s investment will go toward industry-led research and development.
From roaming robo-barns to laser weeders, how an innovative program is helping BC farmers
Innovate BC’s On-Farm Technology Adoption Program gave farmers $4.5 million last year to buy new tech.
Backboard.io looks to solve AI amnesia with “substantial” pre-seed round
Assent co-founder Rob Imbeault’s new AI company has backing from Mistral and Garage.
“A perfect storm”: 2025 was the worst year for Canadian VC fundraising since 2016
RBCx report shows emerging managers, fund sizes, and graduation rates are declining amid a lack of exits.
Photonic says it’s ready to commercialize quantum with $180-million fundraise
RBC, Telus back quantum computing company as it looks to develop enterprise-ready tech.
McRock Capital closes $120 million in third fund, backing industrial software startups
Caterpillar and Autodesk become LPs as McRock falls shy of initial $200-million target.
The Black women founders reshaping Canada’s venture future
Five years after sharing her journey, Amoye Henry sees progress for Black women founders in Canada.
Ex-Shopify engineers raise fresh financing to scale Turbopuffer’s AI search
Ottawa startup secures funding from Lachy Groom and Joshua Kushner’s Thrive Capital.
BDC unveils $4-billion defence technology platform
Crown corporation explicitly encourages businesses to “apply their skills to defence needs.”
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.