Reusables looks to help cafeterias scrap single-use containers with $3.6-million seed round
Co-founder claims Reusables’ university clients reuse over 500,000 containers in just two semesters.
Vancouver
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.
Trulioo sees “significant growth” in Asia-Pacific region soon after entering market
Identity tech company rode a wave of demand from online stores and FinTech firms.
TruthSayer claims its AI “Hedge Fund-in-a-Box” is a cheaper, smarter alternative for investments
The Canadian company believes it can outperform conventional trading strategies using AI models.
Missed it by that much: Well Health falls just short of $1-billion revenue mark in 2024 earnings
Revenue deferral and a cyberattack kept the Canadian healthtech firm from reaching milestone.
Vancouver-based CO280 strikes 12-year carbon removal deal with Microsoft
The agreement will turn paper mills into carbon removal hubs.
Corinex secures $42 million CAD to continue its European expansion
Corinex’s sensors and software help utilities providers monitor their power grids.
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.
Trulioo taps former Nuvei exec Vicky Bindra to take over for retiring CEO Steve Munford
Munford, who led the company to unicorn status, will work with Bindra to ensure a smooth transition.
Well Health to exercise call options that give majority controlling interest in strategic partner Healwell AI
Call option exercised in conjunction with Healwell’s acquisition of New Zealand healthtech company.
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Plus: Québec overhauls innovation tax credits, Ontario called to prioritize provincial procurement.
Fractional real estate investment platform Addy becomes exempt market dealer after BCSC fine
Startup paid $100,000 fine for trading approximately $26 million of securities while unregistered.
As online threats get worse, Styx raises $2.7 million for digital risk protection platform
Repeat cybersecurity entrepreneurs take aim at brand impersonation, phishing scams, AI imposter content.
Paging Dr. Cube: UniDoc to buy software from AMD Telemedicine to improve remote healthcare offering
Vancouver company recently shipped its first cube-shaped kiosks to help in conflict zones like Ukraine.
How meaningful is D-Wave’s claim to quantum supremacy?
Canadian experts say the milestone is not the be-all, end-all of quantum innovation.