General Fusion prepares to continue its quest for commercial fusion power as a public company
BC firm lays out its vision for scalable fusion ahead of expected Nasdaq debut.
Markets
Lightspeed offloads Upserve at a discount as transformation plan continues
Montréal-based payments firm sells US hospitality business for nearly $350 million less than it paid.
Credo paid $92 million USD in cash to acquire Hyperlume, SEC filing reveals
With Hyperlume’s team and tech, Credo aims to deliver the AI infrastructure of the future.
Xanadu stock trades halted five times on TSX in two days, following price spike
Toronto-based quantum company debuted on exchange just last month.
Blackline Safety to go private in $850-million deal
US-based Francisco Partners to lead privatization of TSX-listed industrial safety tech firm.
Why many of Canada’s tech centaurs are in no rush to go public
Leaders from Clio, GeoComply, Wealthsimple, and others talk IPOs and the “SaaSpocalypse.”
Will Xanadu lead Canadian tech back to public markets?
Plus: Canadian VCs fear an AI-driven “SaaSpocalypse.”
Xanadu makes solid debut as it begins trading on TSX and Nasdaq
Toronto-based quantum company the first new Canadian tech firm to list on the TSX since 2021.
Opendoor hiring in Canada as it looks to make Toronto a “major hub”
Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
MDA Space seeks $300 million USD through IPO on New York Stock Exchange
Firm will keep TSX listing as it raises capital for growth and potential debt paydown.
Damon CEO, CFO, and board resign following prolonged struggle on public markets
Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle.
Canadian businesses expect more uncertainty as US Supreme Court strikes down Trump’s tariffs
US president claims more tariffs are coming through different legal mechanisms.
Q&A: Xanadu’s Christian Weedbrook on why quantum ought to be a national defence priority
CEO talks data centre dreams and ensuring Xanadu stays in Canada as it prepares to go public.
Bank of Canada orders XTM to cease retail payment activities after investment regulator halts trading of its stock
Bank cites “serious concerns” that XTM failed to safeguard client funds as customers report missing money.