COO Alex Petre replaces Damien Steel as CEO of carbon removal startup Deep Sky
Steel cites “personal reasons” for departure as Montréal cleantech prepares to open first facility.
Montréal
ESG reporting platform Novisto fuels up for European expansion with $37.7-million CAD Series C
Amid ESG backlash, CEO says large firms have not changed their sustainability plans but are less vocal about them.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Anges Québec looks to expedite early-stage rounds with co-investment angel fund
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
Amilia raises $35 million led by Vertu Capital to help more community centres manage operations
Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.
Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold
Cleantech company hopes to open Québec asbestos mitigation plant by 2027.
Shakepay becomes first crypto company granted Payments Canada membership
Milestone gives Shakepay access to core payments infrastructure and a seat at the table “to demand for change.”
Québec Tech highlights hardtech in latest scaleup cohort with international ambitions
Stage V program aims to turn startups into “true scaleups” with tailored support.
Québec grants Centech $4.5 million to boost deep tech, medtech commercialization
Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.
Brightspark spinout Brio nabs $3 million to help other VCs manage their LPs
Brio co-founder and CEO Audrey Ostiguy described Brio as Brightspark’s “secret sauce.”
7Gen charges up with $48 million in debt from UK’s Zenobē to help more Canadian firms adopt EVs
7Gen claimed that this is the largest private EV debt financing in Canadian history.
Frank And Oak selling brand, closing all stores following second insolvency filing
Embattled retailer with ties to Montréal tech set to shutter stores on May 18.
Latest Google for Startups Accelerator cohort makes AI de facto entry requirement
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
At World Summit AI, cautious tone of researchers drowned out by cutthroat adoption race
Cohere says first movers on AI agents will gain “competitive advantage.”
Yoshua Bengio warns of “catastrophic risks” of agentic AI at World Summit AI
Deep neural networks trailblazer recommends building non-agentic AI programs without goals of their own.