Ssense reaches agreement with lenders on restructuring plan
Online retailer to continue under current leadership with $40 million in interim financing.
Québec
Ssense seeks to “safeguard” company from potential sale through creditor protection
Online retailer facing headwinds due to US trade policy, dip in luxury demand.
Construction tech startup Mechasys lays out blueprint to scale with $23-million Series A
Startup aims to produce laser projector for construction sites in Montréal despite tariff concerns.
Deep Sky boots up inaugural direct air carbon capture facility in Alberta
Cleantech company plans to remove 3,000 tonnes of CO2 from the air by the end of the year.
Federal government invests $8 million into six Québec EV battery and charging projects
NRCan funding follows a period of turmoil for Québec’s EV sector.
Seed-stage rebound a bright spot in Québec’s gloomy VC landscape: report
Sixty percent of VC deals in the province were under $5 million in Q2, new data shows.
Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises
Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security.
Pathway acquired by US telehealth firm Doximity for $63 million USD
Doximity now beta testing a product with Pathway’s AI-powered search technology and medical datasets.
Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch
Montréal-based startup targets niche market with odour-masking headgear.
Marc-Antoine Cantin to lead Anges Québec as CEO Stéphane Drouin steps down
Drouin is departing the angel investor network for personal reasons less than a year after taking the helm.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
MTatt takes home top prize at Startupfest 2025 as winnings exceed $1 million for the first time
Medtech startup mTatt won both Best of Fest and Audience Choice awards.
Market recovery Canadian VCs expected still on the horizon, experts say at Startupfest
A persistently cool exit market and middling returns are preventing cash from re-entering the market, data shows.
Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event
Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
Founders need a good reason to forgo an AI strategy, VCs warn at Startupfest
Investors say proving long-term differentiation is more important than ever as AI saturates the market.