Medtech AI startups ProteinQure and AssistIQ each close Series A rounds
ProteinQure to debut AI-engineered cancer drug in the clinic, while AssistIQ expands medical supply platform.
Québec
LeddarTech cuts 95 percent of staff in bid to rescue its business
The “temporary layoffs” affect approximately 138 individuals across the entire company.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Anges Québec looks to expedite early-stage rounds with co-investment angel fund
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold
Cleantech company hopes to open Québec asbestos mitigation plant by 2027.
Québec Tech highlights hardtech in latest scaleup cohort with international ambitions
Stage V program aims to turn startups into “true scaleups” with tailored support.
Québec grants Centech $4.5 million to boost deep tech, medtech commercialization
Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.
Frank And Oak selling brand, closing all stores following second insolvency filing
Embattled retailer with ties to Montréal tech set to shutter stores on May 18.
Latest Google for Startups Accelerator cohort makes AI de facto entry requirement
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
At World Summit AI, cautious tone of researchers drowned out by cutthroat adoption race
Cohere says first movers on AI agents will gain “competitive advantage.”
Enterprise AI companies announce hiring spree for Montréal AI talent
Toronto-based Alexa Translations draws on local talent to power new translation LLM.
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis.
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
Inaugural QueerTech accelerator cohort stacked with software, AI startups
Federally backed program aims to help 2SLGBTQIA+ entrepreneurs scale their ventures.
Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption
Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year.