Space lands a16z speedrun backing for its vision to turn the cloud into your hard drive
Startup raises $2.4 million USD to build a more seamless version of Dropbox and Google Drive.
Ontario
Clearco secures $100 million USD for “rescaling” after difficult years
After recapitalizing in 2023, Toronto FinTech company says it will break even by Q4.
NLPatent rebrands to Clerq to meet growing demand for patent automation
As AI drives patent volume, CEO says new platform will help clear backlogs.
Canadian foodtech funding runs dry beyond the seed stage, CFIN reports
Study finds infrastructure is hot, while delivery apps and restaurant tech are not.
Peripheral nets $8.7 million USD to bring spatial intelligence tech to sports
Deloitte Ventures, Inovia Capital back Toronto startup’s AI for live sports vision.
Campus safety platform Legio raises $5 million USD from Klass Capital
Funding will help with product development and sucuring partnerships with post-secondary institutions.
Lessons on early-stage fundraising from Canadian startups that have closed rounds
Three IAF-backed founders share what investors want to see beyond the pitch.
Ottawa tech worker builds app to detect nearby smart glasses
Marcos Rezende wants to let users know they might be getting discreetly recorded.
After 15 years, GoodLeaf proves there’s profit in vertical farming
The company says all of its farms are turning a profit, amid rising demand and expanded distribution.
Xanadu and University of Alberta partner on quantum-powered cancer research
Researchers hope quantum computing can help develop next-gen photosensitizers for light-based therapies.
High-profile investors, tech leaders to speak at CVCA global investment forum
Event takes place ahead of Prime Minister’s investment summit in September.
Telesat’s steep Q2 net loss slows its stock bull run
Satellite operator attributes its $559-million net loss to increased value of debt and warrants.
Q&A: What Cory Doctorow would do as Canada’s AI minister
Author and digital rights activist talks jailbreaking, the AI-pilled government, and Aeron chair analogies.
Convictional to shut down, return investor money, after AI-era pivot falls short
Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative.
Medical networking app The Rounds acquired by Native Touch
Halifax-based company will maintain standalone brand and continue hiring in Atlantic Canada.