Kepler raises $72.6 million CAD as the firm looks to grow network, expand to US
byThree months after becoming the largest satellite operator in Canada, Toronto-based space tech startup Kepler Communications…
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New council launches to advance Canada’s semiconductor industry
byA group of Canadian tech sector stakeholders have launched a national Semiconductor Council, mandated to make Canada a global…
Latest launch makes Kepler Communications largest satellite operator in Canada
byToronto-based Kepler Communications, which aims to build an in-space telecommunications network, has successfully launched…
Loop Insights, Nano One Materials, Converge Technology Solutions among TSX Venture’s Top 50 companies
byThe TSX Venture Exchange has revealed its 50 top-performing companies of 2020, including several notable Canadian tech companies…
NGen commits funding to new $72 million production facility that involves Canadian tech startups
byNext Generation Manufacturing Canada (NGen), Canada’s Advanced Manufacturing Supercluster, has committed to invest $16.8…
Spark Microsystems raises $17.5 million to accelerate commercialization of wireless transceiver tech
byMontreal fabless semiconductor startup Spark Microsystems has raised a $17.5 million CAD equity financing round to bring its…
Toronto-based Fiix Inc. to be acquired by Rockwell Automation
byRockwell Automation, Inc., announced on Tuesday that it has entered into an agreement to acquire Fiix Inc., a Toronto-based…
Praemo raises $4.5 million CAD in Series A follow-on financing
byKitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million…
Waterloo robotics startup Clearpath extends Series C with $6.6 million CAD
byAs it looks to secure more enterprise customers and grow its global network of delivery partners, Clearpath Robotics has raised…
Kitchener’s BinSentry raises $10 million CAD Series A to take AgTech sensors global
byKitchener-Waterloo startup BinSentry has developed an Internet of Things (IoT) solution that enables feed mills and livestock…
ThoughtWire closes $11.5 million in debt financing led by Yaletown Partners
byToronto-based ThoughtWire has closed an $11.5 million CAD in debt financing, with follow-on potential of an additional $9.7…
BehrTech receives $3 million grant to build industrial IoT lab in Toronto
byToronto-based BehrTech, a startup that develops wireless connectivity products for the Internet of Things (IoT), has received…
Ecobee lays off 10% of staff, cancels new product line in COVID-19 market
byToronto-based IoT thermostat startup Ecobee has laid off 47 employees, BetaKit has learned. Ecobee has confirmed the layoffs…
Oil and gas intelligence startup Validere raises $20 million CAD
byArtificial intelligence (AI) and internet of things (IoT) startup Validere has raised $20 million CAD ($15 million USD) in…
AgTech startup Semios raises $100 million CAD
byVancouver-based Semios, which has developed a platform for crop data and pest control management, has raised $100 million CAD…