Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
Quebec
Lagging growth rate knocks Canada out of top four in StartupBlink’s ecosystem rankings
Toronto “in a tier of its own” as Calgary vaults back into top 100 cities globally.
COO Alex Petre replaces Damien Steel as CEO of carbon removal startup Deep Sky
Steel cites “personal reasons” for departure as Montréal cleantech prepares to open first facility.
ESG reporting platform Novisto fuels up for European expansion with $37.7-million CAD Series C
Amid ESG backlash, CEO says large firms have not changed their sustainability plans but are less vocal about them.
Rethinking the relationship between government and entrepreneur support organizations
MAIN executive director warns of “building an entire ecosystem singularly dependent on government funding.”
Amilia raises $35 million led by Vertu Capital to help more community centres manage operations
Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.
Shakepay becomes first crypto company granted Payments Canada membership
Milestone gives Shakepay access to core payments infrastructure and a seat at the table “to demand for change.”
Brightspark spinout Brio nabs $3 million to help other VCs manage their LPs
Brio co-founder and CEO Audrey Ostiguy described Brio as Brightspark’s “secret sauce.”
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.
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.