Montréal research hospital opens new healthtech innovation hub
IMPACT Centre to help startups test and scale medical tech in real-life settings.
Québec
Saris raises $28.8-million USD Series A to automate banks’ back offices
Canadian founders of YC-backed Oohlala Mobile return with new startup.
Canada’s quantum Cassandra is finally heard
Turing Award winner Gilles Brassard has spent decades warning about the threat posed by powerful quantum encryption.
Lightspeed completes year one of transformation plan with revenue beat, earnings miss
Retail tech firm focuses on key markets with share price down 20 percent on the year.
Trane and BrainBox AI open Montréal lab to cut energy waste in buildings
Companies say emissions cut from AI systems will offset enviornmental cost of running AI.
Sagard spins up new $150-million USD AI fund
New fund will target companies helping accelerate AI adoption in financial services and other sectors.
Historic Marconi name returns as Canadian investors launch defence tech firm
Former National Bank CEO chairs new company hoping to capitalize on federal defence spending.
Cohere acquires second company with German ties in Reliant AI
Acquisition is intended to accelerate entry into the healthcare sector.
How to take AI from demo to real-world deployment
Why strong AI prototypes stall and what it takes to turn them into systems people can trust.
Quantum startup Nord Quantique secures $1.4-billion USD valuation
Québec-based company is one of Canada’s leaders in quantum computing.
CMC Microsystems picks 11 winners for $10.7-million edge computing challenge
Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.
Goldman Sachs to acquire Canadian data centre platform QScale
QScale founders will continue to run the business, which will keep its Québec headquarters.
Telecom software startup Gaiia secures $40-million USD Series B round
Québec City spin-out of Oxio sells software for challenger telecoms.
Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture
Sustainable AI Group aims to help enterprises manage AI’s environmental impact.
OpenTable gobbles up Canadian market share with Libro acquisition
Montréal restaurant reservation startup to continue as standalone brand.