Mila partners with Hypertec and 5C to launch Sovereign AI Research Hub in Montréal
The Hub aims to develop “frugal AI” with strong value.
Montréal
BDC Capital promotes Mona Minhas to managing partner of Thrive Venture Fund
The appointment comes after BDC’s $50-million Thrive ETA Fund announcement.
Google Android head Sameer Samat, FinTech CEO Odilon Almeida join Lightspeed board
CEO Dax Dasilva says the pair “fortify two strategically important areas” for the company.
Telegraph Ventures secures $35 million to back enterprise AI startups in Québec
The provincially backed spinoff fund aims to “catalyze” floundering pre-seed market.
Sheertex maker SRTX confirms permanent cuts for 92 employees
Montréal startup formalized August dismissals shortly after CEO handoff to BonLook co-founder Sophie Boulanger.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
Harley Finkelstein and David Segal to explore their entrepreneurial paths at Open House Montréal
BetaKit, TechTO, and Sage partner for fireside chat with iconic Montréal entrepreneurs.
Keypr incorporates Nesto mortgage services into platform for homebuyers
Konfidis Realty’s tech platform aims to set itself apart with lower commissions and covered legal costs.
Canada outpaced US in tech talent growth in 2024: CBRE report
Toronto eclipsed New York while Waterloo soared 11 spots to become a top North American tech market.
Ssense reaches agreement with lenders on restructuring plan
Online retailer to continue under current leadership with $40 million in interim financing.
NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
SRTX names BonLook co-founder Sophie Boulanger new CEO
Founder Katherine Homuth left the company in March.
Lightspeed would pay $11 million CAD and admit no wrongdoing in proposed lawsuit settlement
The lawsuit stems from allegations the company distorted financial reports.
Ssense seeks to “safeguard” company from potential sale through creditor protection
Online retailer facing headwinds due to US trade policy, dip in luxury demand.
Construction tech startup Mechasys lays out blueprint to scale with $23-million Series A
Startup aims to produce laser projector for construction sites in Montréal despite tariff concerns.