Clearco secures $100 million USD for “rescaling” after difficult years
After recapitalizing in 2023, Toronto FinTech company says it will break even by Q4.
Toronto
NLPatent rebrands to Clerq to meet growing demand for patent automation
As AI drives patent volume, CEO says new platform will help clear backlogs.
Peripheral nets $8.7 million USD to bring spatial intelligence tech to sports
Deloitte Ventures, Inovia Capital back Toronto startup’s AI for live sports vision.
Campus safety platform Legio raises $5 million USD from Klass Capital
Funding will help with product development and sucuring partnerships with post-secondary institutions.
Lessons on early-stage fundraising from Canadian startups that have closed rounds
Three IAF-backed founders share what investors want to see beyond the pitch.
Xanadu and University of Alberta partner on quantum-powered cancer research
Researchers hope quantum computing can help develop next-gen photosensitizers for light-based therapies.
High-profile investors, tech leaders to speak at CVCA global investment forum
Event takes place ahead of Prime Minister’s investment summit in September.
Q&A: What Cory Doctorow would do as Canada’s AI minister
Author and digital rights activist talks jailbreaking, the AI-pilled government, and Aeron chair analogies.
Convictional to shut down, return investor money, after AI-era pivot falls short
Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative.
Medical networking app The Rounds acquired by Native Touch
Halifax-based company will maintain standalone brand and continue hiring in Atlantic Canada.
RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal
US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.
Fisent Technologies raises $4.3 million USD to help enterprises automate AI use
Toronto startup’s revenue grew more than 200 percent last year amid economy-wide rush to adopt AI.
How a giant battery is transforming a town centre in Cannington, Ontario
Toronto startup Civic Grid is trying to put a new face on public power sources.
America loves Canadian chips
Plus: Why sovereign rocket launches just got more important.
Canada could soon lose reliable rides to space. What will that mean for its burgeoning space industry?
As SpaceX scales back rocket rideshares, Canada’s space industry says it exposes “critical dependency.”