Hyperlume snapped up by San Jose-based Credo for undisclosed amount
Sale comes seven months after the Ottawa startup’s nearly $18-million CAD seed round.
Ontario
Entrepreneurs face more than a decade wait for Canada’s Start-up Visa
Once a 12-month process, the SUV has ballooned amid concerns about the program’s misuse.
“It’s never been easier to build, but it’s never been harder to win.” FutureSight turns company-building into a science
FutureSight is betting its model can de-risk company building by pairing experienced founders with validated ideas.
Shopify merchants to sell directly through OpenAI’s ChatGPT with new partnership
Shopify stock jumps six percent after widely rumoured partnership is made official.
Elevate Festival’s 2025 Startup Open House hits Toronto Oct. 9
The reborn event connects entrepreneurs with potential hires and investors.
Constellation Software shares close week down 17 percent after founder and CEO steps down
Mark Leonard hosted conference call on impact of AI days before resigning for health reasons.
Cohere’s new CFO on carving out space in a crowded AI market
Francois Chadwick argues the “fundamental difference” is how Cohere handles compute.
Minister Evan Solomon reveals Canada’s AI Task Force
Patrick Pichette, Joelle Pineau, and Dan Debow among those tapped by federal government.
NordSpace’s second rocket launch attempt flames out after multiple launchpad fires
Second launch window expires as fuel issues delay rocket launch.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
Cohere’s valuation hits $7 billion USD following $100-million round extension
Canada’s leading AI company raised $500 million USD at a $6.8 billion valuation in August.
SAAS NORTH is serving up a new playbook for founders
On Nov. 5-6, Ottawa will host two days of candid talks on building and scaling SaaS in the age of AI.
FluidAI lands FDA clearance to sell post-surgery monitor in the US
Kitchener-Waterloo healthtech startup eyes Series B to fuel US commercialization.
Simple Ventures announces $15 million to bring innovation and talent back to Canada
Major companies like TD and Sun Life back venture studio’s vision.
Loblaw expands Gatik deal to 50 driverless trucks by 2026
Renewed partnership moves beyond trials to serve more than 300 GTA stores.