Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Ontario
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year
In the crypto world, high-profile figures face significant security risks.
Wealthsimple acquihires Plenty, a San Francisco-based wealth management platform for couples
Co-founders of Inovia-backed startup will help Wealthsimple expand family-focused products.
Ontario takes bite out of Premier Doug Ford’s promised US procurement ban
Ban of “all” US contractors won’t apply to those with more than 250 Canadian workers.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.
Kepler Communications sells its first on-orbit compute power to Axiom Space
The Toronto firm’s satellite constellation will help power an orbital data centre
Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources
The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review.
CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties
Proposal also asks next government to follow through on VCCI, SR&ED reform, and domestic pension investment.
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.
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.
The team behind Intuit’s AI-driven expert platform
The Virtual Expert Platform built by Intuit is a proving ground for Canada’s top engineering talent.
“Every dollar counts”: amid trade war, Float launches foreign exchange solution to help companies cut costs
FinTech startup rolls out currency conversion to help clients doing business stateside weather the economic storm.
Kensington acquires One9 to establish a defence tech VC platform
Canadian VCs join forces to capitalize on rising interest in defence investment.
Ontario subsidizes Siemens’ new R&D facility after CEOs plead province to prioritize homegrown production
The Invest Ontario Fund will cover $7.2 million of the German giant’s $150-million investment.