Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal
Transaction expected to raise up to $500 million USD.
Toronto
What the AWS outage reveals about Canada’s digital sovereignty
Aptum CEO Ian Rae argues that sovereignty requires control of our digital supply chain.
Black-led startups secure record-breaking $400,000 at DMZ’s Black Innovation Summit
OutreachGenius, Happly.AI among winners taking home more money than ever before.
Canadian semiconductor leaders see opportunity, and risk, in US takeovers
Leaders at HardTech Summit optimistic about Canadian mergers but want more support for scaleups.
Waabi’s self-driving system now powers Volvo’s new autonomous truck
Waabi Driver integrated into the Volvo VNL as companies look to commercialize self-driving trucks.
Wattpad unpacks its evolving strategy under new product head Chelsea Parry
President Aron Levitz talks fandom, AI, and storytelling.
Industry group Technation and tech hub OneEleven tap new leadership after months-long searches
Kevin d’Entremont now heads Technation, OneEleven appoints Manny Kalia as managing director.
Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, CPP Investments
Up to $750-million Series E includes $550-million primary and $200-million secondary offerings.
WonderFi’s acquisition by Robinhood delayed until first half of 2026
Extra development work and regulatory approvals push closure of sale into next year.
Untether AI files for bankruptcy following AMD acquihire
Bankruptcy filing reveals $128 million owed to creditors, including early backer Radical Ventures.
“Still processing”: Lighthouse Labs co-founder shares lessons from sale to Uvaro and bankruptcy
At TechExit.io, Jeremy Shaki unpacks how it felt watching his 12-year project “fall apart.”
Neo Financial completes first-ever hat trick of Deloitte Technology Fast 50 rankings
Together, 2025 winners averaged a three-year revenue growth of 2,623 percent.
Cybrid closes $10-million USD Series A round to bring stablecoins to the business mainstream
FinTech company gets backing from BDC Capital as Bank of Canada signals openness to stablecoin.
Felix Health raises $53 million in growth financing to get more “aggressive” in telehealth
Newly profitable Toronto startup aims to scale operations before generic weight loss drugs arrive in Canada.
Canadian AI pioneers Yoshua Bengio and Geoffrey Hinton join global call to ban superintelligence development
More than 1,500 sign open letter warning of loss of freedom, dignity, and “potential human extinction.”