Reaction Dynamics plans rapid expansion to launch new medium-lift rocket by 2031
Longueuil, Que.-based rocket maker plans to raise $350 million CAD, add nearly 300 employees in the next five years.
Québec
Rozvelt built a high-tech mask for hunters. Defence buyers see something bigger.
Montréal startup secures $3.1-million seed round on interest from defence players.
Lightspeed lays off staff as part of “organizational changes”
Retail tech firm says changes will improve “operational efficiency” and allow reinvestment.
Hopper cuts staff shortly after co-founder departs
Dakota Smith served as CEO of Hopper’s key revenue-driving enterprise division.
Québec tech’s stress goes beyond separation
Plus: The Canadian companies trying to fill Starlink’s void.
French VC firm AdBio expands into Canada with Montréal office
Québec fund Fonds de solidarité FTQ is backing AdBio’s 120-million-euro Fund III.
Devolutions wants to support Québec’s IT ecosystem with corporate venture capital
IT services firm has already invested $10 million CAD in tech firms through its new venture division.
BDC is Canada’s sole entrant in investor network for NATO defence accelerator
The NATO DIANA Capital Network connects investors with companies in its defence tech program.
Canada is leading by example in AI
Plus: Canada Rocket Company rises.
Cohere and OpenText partner on Canadian agentic AI stack for enterprises
At ALL IN, Cohere VP says the two companies are targeting a similar customer base.
Mila negotiating new federal funding after being tasked with open-source AI file
Solomon: “It’s in the tens of millions. It’s serious backing, and we’re backing Mila.”
Mila and Mozilla announce plans to build open-source AI for businesses
Canadian government-backed project has received $5 million from Firefox maker and $1 million from Hypertec.
AI minister affirms Canada will have tech super-regulator “with teeth”
At ALL IN, Evan Solomon also teased AI supercomputer selection this fall.
Why did quantum leaders sound the Q-Day alarm at a FinTech conference?
At Canada FinTech Forum, experts warn that organizations without a quantum plan are way behind.
Q&A: Adam Felesky on why Canadian FinTech is missing domestic growth capital
Portage CEO argues pension funds should back more Canadian GPs and companies.