Canada’s first full-stack, university-owned quantum computer comes to USask
Quantum computer will be operated by the Centre for Quantum Topology and Its Applications.
Govt
NACO wants feds to use $750 million in VC funding to back startups earlier
Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.
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.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
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.
Mila teams up with Mozilla to build open-source AI tools
Firefox maker investing initial $1 million into partnership with Montréal AI institute.
Defence tech founder warns Canada is getting “wishy-washy” about defining sovereignty
At CIX Summit, Sentinel R&D CEO argued Canada must do more than onshore other companies’ capabilities.
CAAIN launches $9-million open competition to support AgTech innovation
Competition aims to bridge divide between innovation and commercial adoption.
Cohere teams up with Swedish defence firm Saab on AI for surveillance jets
Agreement marks the latest step in Cohere’s push to integrate its AI into defence technology.
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.
Three Alberta genomics projects land federal funding
Funding part of $20-million nationwide investment into genomics research.
PrairiesCan puts nearly $1 million behind SK Startup Institute for entrepreneur training and mentorship
Money comes through PrairiesCan’s Regional Innovation Ecosystem Program.
Boreal Ventures launches second seed fund with $43-million first close
Ex-Lightspeed head JD Saint-Martin takes over as co-managing partner as Montréal VC aims to raise $60 million.