Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
Québec
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.
National Bank sues Flinks co-founders for alleged non-compete violation
Founders of new startup Deck deny allegations, say they were authorized to build venture.
Lightspeed will pay $11 million to settle class-action suit, Québec judge rules
Retail tech firm admits no liability for allegations of overstating performance metrics.
Montréal’s seventh Startup Community Awards get a new home, and a new tone
After community feedback, revamped awards use new innovation hub to refocus on founders.
Lightspeed president JD Saint-Martin returning to VC roots at Boreal Ventures
Saint-Martin will join the Montréal firm at the end of March as it raises its second fund.
Xposure Music’s $42.5-million USD raise will help it spot the next generation of streaming music stars
Montréal music buyer uses AI analytics to bet on long-term indie music success.
Partage Club bets on the sharing economy with item-lending app
Montréal startup raises $2.1 million to expand across Canada and internationally.
Amid global DEI backlash, Canadian VC sees more women and visible minorities in leadership roles
DEI initiatives remained important in Canada in 2024, but climate pledges lagged.
Sweden brings urgency—and royalty—to Montréal as it seeks AI research partnership
Swedish deputy PM says countries must be “risk aware, not risk averse” as royal delegation visits Mila.
What is the economic promise of a Canadian sovereign cloud?
A data centre CEO and an academic say Canadian-owned digital infrastructure could unlock an AI industry.
Lightspeed president JD Saint-Martin to step down in 2026
Saint-Martin plans a return to his roots to support early-stage Canadian tech founders.
Glowtify hopes to equip e-commerce marketers for the holidays with $3.4-million seed round
Startup claims it hit $1 million CAD in revenue this year and wants to triple that next year.
FrontlineIQ raises $3.3-million seed to “gamify” sales jobs with AI coaching
Platform aims to take “ickiness” out of performance feedback by having an AI assistant do it instead.
Nord Quantique, Xanadu, Photonic advance to next phase of DARPA quantum race
US military-backed initiative aims to build useful quantum computer by 2033.