Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
hardware
GeologicAI closes $30-million USD Series A to develop AI-powered robot geologists
Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups
The 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
SILICAN brings together industry experts and organizations to meet challenges
Apple’s Vision Pro won’t make the metaverse happen
Apple 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
Blumind 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
CEO: 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
Bonsai Micro’s co-founders come from notable BC semiconductor company PMC-Sierra.
Attabotics sues Canadian Tire over warehouse fire
Robotics 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
Through VentureLab, Chee supported Canada’s semiconductor industry amid chip shortage
Revisiting BlackBerry’s extraordinary rise and spectacular fall
Losing the Signal co-author Sean Silcoff and BlackBerry co-writer Matthew Miller step into the Wayback Machine.
Smart display company E2ip Technologies raises $120 million
Export Development Canada and McRock Capital co-led the round.
MY01 raises $12.5 million CAD for microsensors that aid in physician diagnostics
Montréal medtech startup uses microsensors to help doctors diagnose acute compartment syndrome.
Cannabis vaporizer startup Greentank Technologies closes $22.2 million CAD Series B
The startup has received past funding from investors such as Snoop Dogg.
Canadian government ups semiconductor focus, invests $36 million in Ranovus
Ranovus investment part of a $100-million project to advance Canadian semiconductor manufacturing, production.