General Fusion lays off staff, looks for funding as capital suddenly runs dry
Trade tensions and hesitant investors threw the company into uncertainty.
hardware
Reusables looks to help cafeterias scrap single-use containers with $3.6-million seed round
Co-founder claims Reusables’ university clients reuse over 500,000 containers in just two semesters.
Cinema tech startup Axibo raises $12 million to kickstart humanoid robot division
After working with Apple and Netflix, Axibo looks to debut a made-in-Canada robot next year.
Batteries, services helped ocean tech firm Kraken Robotics sail to strong profit and revenue in 2024
The undersea robotics startup tops the 2025 TSX Venture 50 List despite hardware market challenges.
Electric vehicle maker Rivian elects Cohere CEO Aidan Gomez to board of directors
Rivian looks to integrate AI as it branches into more affordable models in the next few years.
Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership
After “intense” attempt to raise her own fund, Khera aims to back 25 to 30 deep tech startups with IRV.
Bell and Ericsson’s Ottawa team field-test AI-powered tech to reduce cell network traffic jams
Companies say the link adaptation tech is a first and could boost speed and capacity.
Xaba aims to make industrial robots smarter with $8-million CAD seed extension
Low-code software serves as a robot’s “synthetic brain,” according to the company.
Inside Eric Migicovsky’s crazy journey to relaunch Pebble
A decade after the first Pebble, Canada’s wearables king is back making smartwatches for himself.
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis.
Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Google Cloud Startups leader sees opportunity for startups building AI agents amid pressure to move quickly
Darren Mowry says “doing the right thing in the right order” has become a key challenge for AI companies.
Kepler Communications sells its first on-orbit compute power to Axiom Space
The Toronto firm’s satellite constellation will help power an orbital data centre
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.
Canadian founders face rising costs, wasted time ahead of trade war escalation
Entrepreneurs share biggest sources of uncertainty, from supply chain change-ups to currency fluctuations.