Spark Microsystems raises $34 million to meet chip demand amid supply crunch
Spark aims to accelerate product development amid chip shortages and demand fluctuations.
hardware
Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech
Able Innovations’ robotic medical device addresses problem of patient transfers.
Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
GaN Systems CEO says Infineon will enable company “to unleash our full potential.”
From desk to doorstep: KitchenMate expands smart food kiosk to condo market
As hybrid and remote work prevail, KitchenMate brings its Gen2 closer to home.
Garmin Canada to expand Alberta presence, hire for 200 STEM jobs
Garmin’s Canadian expansion comes as other Big Tech companies are cutting back.
Tenstorrent swaps CEOs as Apple, AMD, Intel alum takes helm of AI chip unicorn
Tenstorrent founder becomes CTO as company also hires ex-Google director as COO.
Nokia opens new Toronto office as part of broader Ontario-wide expansion
Nokia previously announced plans to hire for 340 new jobs in the province.
NorthStar raises $47 million CAD Series C round for expected satellite launch in mid-2023
The Montréal startup provides monitoring solutions for all near-Earth orbits from space.
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
UgoWork closes $22.8 million Series B to help expand the use of lithium-ion batteries in Fortune 500
Canada ranks second in Bloomberg’s lithium supply chain ranking.
AgTech startup Ground Truth secures $4 million to improve grain analysis for farmers
Seed round: startup’s technology will allow farmers to make sound investment decisions.
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
With new robot built, Attabotics CEO says “the hard part’s done.”
Wyvern raises $9.45 million CAD in seed-plus round
Satellite imaging startup begins countdown to inaugural launch.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
Avidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
Network software startup Kaloom secures $27.4 million CAD from Québec government, Alternative Capital Group
Kaloom plans to expand in Japan, recently registering its business in the country.