Shopify, Lightspeed among Canadian tech stocks dragged down in US tariff-spurred market plunge
Economists, companies share bleak outlook as global markets see one of their worst days in decades.
Montréal
Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals
A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
Québec budget overhauls innovation tax credits, earmarks millions for tariff impacts
Early-stage investment-matching program Impulsion PME renewed under different mandate with $200 million in funding.
SRTX founder and CEO Katherine Homuth to step down amid fundraising push and tariff threat
Rip-resistant tights manufacturer temporarily laid off 40 percent of staff ahead of “worst-case” US tariffs.
Lightspeed to expand and revamp sales team as part of revised go-to-market effort
Execs said direct sales will help company’s two “leading growth engines” at Lightspeed’s Capital Markets Day.
US deep tech VC Celesta Capital adds BDC alum Charles Lespérance as Canadian partner
Silicon Valley investor hires Montréal-based Lespérance to expand presence in Canada.
Nokia, Honeywell partner with Québec’s Numana to develop quantum-safe communication networks
“God knows” cybersecurity research is needed in this geopolitical context, economy minister says.
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.
Mining magnate Pierre Lassonde donates $50 million to establish deep tech institute at Polytechnique Montréal
Institute aims to establish itself as a partner for major tech initiatives in Bromont, Québec City, and Ottawa.
Québec’s dismal seed-stage performance could spell trouble for province’s startup pipeline
Steep seed-stage deals drop in 2024 a “concerning” sign for ecosystem, some experts say.
Startupfest doubles down on diversity commitment, announces return of HardtechFest and OceanFest
Montréal-based tech conference offering 90-percent ticket discounts for women and diverse founders.
TandemLaunch closes $37-million Fund IV to create and back deep tech startups
Through VCCI, feds support the firm’s plans to launch new Montréal companies.
Avitia launches AI-powered cancer diagnostics platform with assets from defunct Imagia Canexia
CEO James Lumsdaine secures $5 million seed round from firm where he is also a partner.
Paperplane Therapeutics raises $1.5 million to ease anxious patients with VR gaming
Funding to help company expand its reach across North America and Europe.
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”