Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin
Toronto-based company says funding will support new thermal imaging, 3D visualization features.
Ontario
AstraZeneca to invest $820-million CAD in Ontario facilities expansion
Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth.
Street Context acquired by American market intelligence firm BlueMatrix for undisclosed amount
Combined company will integrate authoring, financial data, and consumption analytics into one platform.
Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots
Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.
Canadian quantum commercialization and research projects get federal funding boost
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects.
Xanadu claims networking breakthrough with new photonic quantum computer Aurora
Aurora “marks a pivotal milestone” on the path to useful quantum computers.
Shopify quietly kills Indigenous entrepreneurship program Build Native
Build Native program lead and Head of Equitable Commerce no longer work at the company.
Federal government provides $3.5 million for DMZ’s new Centre for Housing Innovation
New Toronto accelerator aims to help entrepreneurs develop solutions to housing supply challenges.
‘Is there life after acquisition?’ Canadian founders get candid at TechTO
Founders from eSentire, Sensibill, Fable, and Sprout Family shared their stories at MaRS on Jan. 13.
Cyclic Materials, Ionomr Innovations, Summit Nanotech among Canadian returnees to the 2025 Global Cleantech 100
Eight of the nine Canadian companies on this year’s list were also on last year’s.
Intuit Canada is hiring key tech roles
Canadian tech talent is shaping Intuit’s most ambitious tech projects.
Former Plooto CEO Hamed Abbasi on trial for alleged sexual assault
Abbasi’s trial began this week at the Ontario Court of Justice in Toronto.
League hits user milestone and secures $100-million USD credit facility from RBCx
Financing to support platform development, sales capacity, and potential mergers and acquisitions.
Innovation Minister François-Philippe Champagne will not seek Liberal leadership
Champagne: “I will dedicate my energy … to defend Canadian businesses.”
Uvaro acquires coding school Lighthouse Labs to take on AI-augmented job market
The two companies fit together like puzzle pieces, Uvaro CEO says.