GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
byThe Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split.
hardware
VentureLab appoints semiconductor industry leader Hugh Chow as CEO
byHong Kong-born Chow sees room for VentureLab to extend itself globally.
Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital
bySmart home energy startup offers bidirectional EV charging.
Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round
byTenstorrent receives major backing from strategic investors ahead of planned Series D round next year.
Ditch Labs secures $3.25 million to treat nicotine addiction with tech
byMontréal startup set its sights on a massive public health issue.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
byAs VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
GeologicAI closes $20-million USD Series A to develop AI-powered robot geologists
byBill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups
byThe network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors.
Semiconductor working group launched to advocate for industry priorities
bySILICAN brings together industry experts and organizations to meet challenges
Apple’s Vision Pro won’t make the metaverse happen
byApple wants to strap a MacBook to your face. Is ‘spacial computing’ worth the asking price?
“There’s a revolution in the wings”: Why Canada’s semiconductor industry needs an overhaul
byBlumind co-founder says AI will consume the world’s energy if semiconductors don’t become more efficient.
Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech
byCEO: tech will help wearable IoT device manufacturers save space, simplify supply chains.
BDC, Vanedge invest in semiconductor startup Bonsai Micro to create advanced wireless networks
byBonsai Micro’s co-founders come from notable BC semiconductor company PMC-Sierra.
Attabotics sues Canadian Tire over warehouse fire
byRobotics supply chain startup alleges damages including loss of business opportunities.
VentureLab president and CEO Melissa Chee steps down as tech hub looks for new leader
byThrough VentureLab, Chee supported Canada’s semiconductor industry amid chip shortage