Investissement Québec records annual loss on VC and fund investments
Provincial investment agency’s overall $13-million return came in well below $194 million forecast.
Québec
AppDirect eyes rising energy demand with acquisition of Broker Online Exchange
Canadian-founded software services giant continues acquisition spree with gas, electricity brokerage platform.
Nord Quantique says error-correction discovery could make quantum computing data centres practical
Québec company claims approach could use a fraction of the space and power of existing methods.
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.
LeddarTech cuts 95 percent of staff in bid to rescue its business
LeddarTech does not expect to resume active operations after laying off 138 employees.
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.