Cohere and OpenText partner on Canadian agentic AI stack for enterprises
At ALL IN, Cohere VP says the two companies are targeting a similar customer base.
Ontario
Orbits secures $2 million USD to manage home logistics with AI
A16z Speedrun, N49P, Garage back Orbits’ consumer launch of AI household assistant.
Amplify Capital prepares to place more early-stage bets with $60-million third impact fund
Ten-year-old VC firm will back up to 30 companies, with a focus on climate, health, and work tech.
Wise launches chequing account for Canadians
Launch is the latest in European FinTech’s growing rollout of products and services in Canada.
TextNow celebrates $1-billion revenue milestone with public art in Waterloo
Founded in 2009, TextNow’s service is now used by over 10 million people across the US.
Portage closes fourth FinTech VC fund at $600 million USD
Portage is the FinTech investment arm of Power Corporation-owned Sagard.
Cohere reaches terms with German peer Aleph Alpha to take on AI giants
Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.
Canada Rocket Company wants to build a sovereign alternative to SpaceX’s Falcon 9
CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.
“Canada is back”: tech makes its pitch to global investors at CVCA growth forum
GPs and LPs clock “genuine excitement” about Canadian tech from foreign peers close to PM’s summit.
BDC outlines how it will deploy $1 billion from its Defence Platform into funds and startups
Crown corporation increased direct defence investment capacity and pledged more to defence-focused fund-of-funds.
Farm Credit Canada invests $150 million in new agri-food fund led by Arlene Dickinson
New fund comes as Canada announces billions in funding for FCC as part of its National Food Security Strategy.
Carney announces Productivity Mega Deduction tax incentive to spur business investment in Canada
At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital.
Radical Ventures launches Canada’s largest AI fund with $1-billion USD first close
Leading Canadian pension funds and banks back Toronto AI investor’s late-stage strategy.
Toronto Tech Week announces dates for 2027 edition
Co-founder Mell Truong steps into executive director role of grassroots tech conference.
LegalTech platform Closer expands to Alberta
The province-wide launch comes after a three-month early access program.