SBQuantum wants to help the world navigate in a post-GPS era
Québec deeptech startup sends quantum sensor into space to monitor Earth’s magnetic field.
Quebec
Spark Microsystems secures additional $17 million in Series B funding
Montréal chip firm aims to enable next-gen, short-range wireless communications.
Hopper’s biggest customer is bringing its travel platform in-house
Capital One takes over operations of Capital One Travel, reportedly bringing on many Hopper staff.
Canadian companies make their case at Nvidia’s GTC conference
Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.
Boreal Ventures launches second seed fund with $43-million first close
Ex-Lightspeed head JD Saint-Martin takes over as co-managing partner as Montréal VC aims to raise $60 million.
Femtum thinks its semiconductor cutting lasers are better than yours
Québec startup raises $16 million to get its “practical” lasers inside more semiconductor manufacturers.
BDC expands Defence Platform to $6 billion and names a StrongNorth Fund leader
Feds inject $1.2 billion more into BDC’s strategy to help SMBs seize defence opportunities.
Ssense cut more than 200 jobs days after founders won bid to buy back company
Layoffs follow a Québec court decision that blocked lenders push for an asset sale.
JetScaleAI secures $5.4 million to keep cloud costs and climate impact down
Former Dataperformers leaders aim to help companies optimize their cloud infrastructure.
Québec government invests $36 million to sustain Mila’s AI research
Funding comes through Québec’s five-year innovation strategy.
Court filings reveal Sheertex maker’s steep losses ahead of insolvency
While tariffs helped bring the apparel innovator down, SRTX was already struggling to scale.
Canadian businesses expect more uncertainty as US Supreme Court strikes down Trump’s tariffs
US president claims more tariffs are coming through different legal mechanisms.
Mecademic secures $21 million to bring its tiny industrial robots to the world
Funding will help expand Montréal headquarters and ramp up hiring in US, Europe, and Asia.
Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank
Task force features mayors, a retired general, and leaders from One9 and Ranovus.
Kainova closes $32 million to advance cancer and inflammation therapies
New backer Investissement Québec led the first close of the biopharma firm’s Series B round.