Federal challenge grants Photonic and Xanadu funding to advance quantum defence tech projects
Quantum computing firms among the 19 semi-finalists in latest DND-led IDEaS challenge.
Ontario
Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility
Ontario supports investment with $2 million grant following industry calls to support homegrown innovation.
Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal
Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals.
MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto
Toronto became home to the pharma giant’s first innovation space outside of the US in 2016. Now it’s leaving.
AGAZ Summit is where Canadian founders go global
The 2025 pitch competition winners will join a Canadian delegation in Dubai.
Feds sign new agreement with Cohere to explore AI uses within government services
AI startup partnered with the Canadian government in June on AI research and safety.
Markham’s tech ecosystem helped this founder take on construction’s biggest bottleneck
With early backing from ventureLAB and YSpace, BidBlox AI is modernizing preconstruction across North America.
Friendlier closes $4.5 million to help more food service operators ditch single-use containers
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startup’s final months of independence.
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead.
US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
YSpace is turning Toronto and York Region into a springboard for Hong Kong startups
The innovation hub’s new partnership is opening doors between Canada’s tech sector and Asia.