FeX Energy raises $4.8 million CAD on bet that iron can power the energy transition
McGill spin-out is piloting iron reactor for renewable energy storage targeting heavy industry.
Quebec
Christopher Skeete exits Québec’s innovation portfolio in cabinet shuffle
Christine Fréchette retains leadership of economy and innovation file, supported by two junior ministers.
Bo’s rollercoaster year ends in “seven-figure” acquisition
After layoffs, stalled funding, and doubts about survival, Montréal startup acquired by Tricentris.
LocusX raises $3-million seed round to debug game code with AI
Platform aims to improve “fix rate” for developers facing growing demands.
Ssense wins temporary protection in battle with creditors
Montréal fashion retailer granted stay order as lenders push for a court-supervised sale.
Shopify and VitalHub return to TSX top 30 list while Propel Holdings and MDA Space make debuts
Canadian tech delivers the strongest average share price increase in this year’s rankings.
Nick Frosst sells Canada
Inovia launches campaign to build a brand around Canadian tech.
NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
SRTX names BonLook co-founder Sophie Boulanger new CEO
Founder Katherine Homuth left the company in March.
Aidan Gomez, Kari Briski, Minister Evan Solomon, Yoshua Bengio to headline ALL IN 2025
Inside the agenda for Canada’s largest AI event, coming to Montréal on Sept. 24 and 25.
White Star Capital wants to lead Canadian seed rounds with new $50-million USD fund
The VC firm has closed $25 million USD to back more early-stage Canadian software startups.
Lightspeed would pay $11 million CAD and admit no wrongdoing in proposed lawsuit settlement
The lawsuit stems from allegations the company distorted financial reports.
New era at Mila as Hugo Larochelle named scientific director
The Google alum says the AI institute should be “ambitious” and “do more.”
Wealthsimple acquires Fey to bolster its investment research capabilities
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year.
CEO of meal delivery company Goodfood abruptly departs amid recent losses
Montréal firm also plans a formal review of its operations.