Tenor raises $2.5 million USD to build blockchain-based lending platform
Québec crypto startup wants a world where more borrowing happens on-chain.
Quebec
Goodfood warns it may need to curtail operations amid mounting losses
Meal kit startup reported net losses of more than $9 million this fiscal year, with debts coming due in early 2027.
Mila partners with PolArctic to measure sea ice in the High Arctic
Partnership will pair Mila’s AI expertise with PolArctic’s traditional knowledge and ocean science.
Dubai’s Ahoy to hire 200 in Montréal as it relocates R&D hub
Move comes months after AI firm struck “nine-figure” deal to buy Montréal’s Wrk.
How Québec startups turned VivaTech into a foothold in Europe
Four Québec startups share what worked at the tech event, what surprised them, and how they plan to grow.
Scandium Canada acquires, rebrands ski-maker Ferreol Technologies
Ferreol’s alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
Deep Sky announces carbon capture agreement with TD Bank
Ten-year deal will see TD use Deep Sky’s carbon credits to offset residual emissions.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
AI investment firm DevCap closes $5 million as it eyes public listing
10 startups in, the poker players-turned-VCs behind the firm unpack its progress and plans.
MDA Space aims to deliver up to 400 satellites per year after Montréal facility expansion
After two years of construction, company has doubled its manufacturing floor space.
OpenAI violated Canadian privacy laws, federal and provincial watchdogs say
Privacy commissioners say OpenAI broke the rules by scraping Canadian data to develop and train ChatGPT.
Montréal’s Deep Sky partners with French energy company ENGIE
Under the partnership, ENGIE will purchase carbon removal credits, collaborate on research and development.
Lightspeed offloads Upserve at a discount as transformation plan continues
Montréal-based payments firm sells US hospitality business for nearly $350 million less than it paid.
SBQuantum nabs $4 million USD, new CEO as it preps for US expansion
Sherbrooke firm secures first private capital after deploying its quantum sensors in space.
Hypertec becomes key partner for Nvidia in Canada
OEM designation means more visibility amid the global AI race.