Descartes continues US acquisitions as it navigates global trade upheaval
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD.
Kitchener-Waterloo
Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.”
Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
Bridgit’s Mallorie Brodie explains why Canadian startups need to think globally from the start
Brodie unpacks Bridgit’s pivot, mitigating risk in construction, and looking up to Axonify, Knix, and Jane.
Socratica’s IRL revolution is powered by the love of making
Georgia Berg on how the student-run organization makes space for messy.
This time, Eric Migicovsky won’t let anything get in his way
A decade after the death of Pebble, the company’s founder is still chasing his dream smartwatch.
Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady
Report finds some Canadian startup hubs have lost ground amid trade tensions and wobbly VC market.
Nicoya acquires UK’s Applied Photophysics to expand its drug development capabilities and global reach
The deal triples Nicoya’s customer base to nearly 3,000 and gives it a new European hub.
ENVGO raises $2.7-million seed round to bring its electric “flying” boat to market
Waterloo team behind drone maker Aeryon Labs helps aerospace hit the waves.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
Why Faire’s co-founder wants to bring Silicon Valley’s DNA to Canada
Faire’s Chief Architect fell in love with Canada. Now he’s selling his new home to the rest of the world.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
Provincial government wants domestic companies to play global roles in electric and autonomous vehicles.
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”