7Gen charges up with $48 million in debt from UK’s Zenobē to help more Canadian firms adopt EVs
7Gen claimed that this is the largest private EV debt financing in Canadian history.
Quebec
Yoshua Bengio warns of “catastrophic risks” of agentic AI at World Summit AI
Deep neural networks trailblazer recommends building non-agentic AI programs without goals of their own.
Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership
After “intense” attempt to raise her own fund, Khera aims to back 25 to 30 deep tech startups with IRV.
Bell and Ericsson’s Ottawa team field-test AI-powered tech to reduce cell network traffic jams
Companies say the link adaptation tech is a first and could boost speed and capacity.
Katherine Homuth revisited
SRTX founder’s comments on fundraising & “losing her voice” worth revisiting with her impending departure.
Shopify, Lightspeed among Canadian tech stocks dragged down in US tariff-spurred market plunge
Economists, companies share bleak outlook as global markets see one of their worst days in decades.
Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals
A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
Lightspeed to expand and revamp sales team as part of revised go-to-market effort
Execs said direct sales will help company’s two “leading growth engines” at Lightspeed’s Capital Markets Day.
US deep tech VC Celesta Capital adds BDC alum Charles Lespérance as Canadian partner
Silicon Valley investor hires Montréal-based Lespérance to expand presence in Canada.
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.
How meaningful is D-Wave’s claim to quantum supremacy?
Canadian experts say the milestone is not the be-all, end-all of quantum innovation.
TandemLaunch closes $37-million Fund IV to create and back deep tech startups
Through VCCI, feds support the firm’s plans to launch new Montréal companies.
Dispersa closes $5.8 million to turn food waste into chemicals for everyday products
Cleantech startup’s seed round was financed entirely by Canadian investors.
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”
AI’s new moat with Coveo’s Louis Têtu
Coveo’s outgoing CEO says the company’s applied AI offering is a “market taker.”