BDC commits another $200 million to startups building tech for legacy industries
Second Industrial Innovation Venture Fund to have increased focus on critical minerals.
hardware
Federal government invests $8 million into six Québec EV battery and charging projects
NRCan funding follows a period of turmoil for Québec’s EV sector.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment.
NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland
Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month.
Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch
Montréal-based startup targets niche market with odour-masking headgear.
Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.”
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”
4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
Tenstorrent acquires Blue Cheetah to bring more chip design in-house
AI chipmaker had been licensing Blue Cheetah’s technology since last year.
Feds back startup OCCAM’s Technologies as part of $21.5-million Alberta carbon capture investment
Natural Resources Canada selects five companies that responded to call for carbon capture proposals.