Feds announce $66 million for 44 businesses through AI Compute Access Fund
Program offers financial support to subsidize costs to commercialize or scale AI projects.
Vancouver
Web Summit Vancouver opens with tech’s biggest question: who owns the future?
Conference poses questions over the AI revolution, Canadian sovereignty, and the rules shaping what comes next.
Photonic secures $2-billion USD valuation after final close of $200-million financing
Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization.
“Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC
Projects include upscaling existing Kamloops data centre and two new, Vancouver-based centres.
Moment Energy raises $40 million USD Series B to give used EV batteries new life
Company plans to use capital to expand manufacturing, hiring
Former defence minister Harjit Sajjan’s new startup lays groundwork for public listing
Juno Industries has secured $12 million in commitments to list on TSVX in reverse takeover deal.
Appetronix cooks up bigger robotic kitchen ambitions with Cibotica acquisition
Company says deal will support expansion beyond pizza-making robots into more cuisines.
AgTech-turned-crypto company aims to build data centre near Calgary
Avax One will spend $30-35 million to develop the 10MW natural gas-powered facility.
Carbonyx raises $1.2 million to turn mining waste into usable materials
CEO says true mission is to make carbon capture economically viable again.
A&K Robotics closes $8-million Series A round to put self-driving pods in airports
Vancouver-based company will use funding to move from pilots to permanent deployments.
ViewsML secures $4.9 million to help scientists virtually analyze tissue samples
Wittington, Mayo Clinic back startup’s plan to build world’s first virtual biomarker library.
NorthX invests $2.2 million in trio of BC wildfire tech startups
Crwn.ai, Nova, and Skyward Wildfire Technologies have secured follow-on funding.
Hootsuite founder Ryan Holmes returns as interim CEO
Holmes replaces outgoing CEO Irina Novoselsky, just months after receiving backlash for ICE contract.
pH7 wraps Series B as it readies to bring critical mineral extraction tech to mining
Equity round’s final close, plus venture debt, give cleantech firm $39 million USD to deploy.
Ex-AWS leaders bring Soma out of stealth with a plan to ease the data centre power crunch
Soma Energy has raised $7 million USD for AI-powered optimization for electricity infrastucture.