D-Wave remains in the red even as revenue jumps 500 percent in Q1

BetaKit - Thu, 05/08/2025 - 15:13

The Canadian-founded quantum firm’s record sum came from delivering a system to a key customer.

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Amilia raises $35 million led by Vertu Capital to help more community centres manage operations

BetaKit - Thu, 05/08/2025 - 13:47

Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.

The post Amilia raises $35 million led by Vertu Capital to help more community centres manage operations first appeared on BetaKit.

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Spectral Medical is “fundamentally undervalued”, Paradigm says

Can Tech - Thu, 05/08/2025 - 12:51
Paradigm Capital analyst Scott McAuley is maintaining a “Buy” rating and $2.30 target on Spectral Medical (Spectral Medical Stock Quote, Chart, News, Analysts, Financials TSX:EDT) following the company’s announcement of a non-dilutive US$10-million financing deal with commercial partner Vantive US Healthcare LLC. McAuley said the deal removes a major financial overhang and provides runway through […]

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Is Ballard Power a buy?

Can Tech - Thu, 05/08/2025 - 12:25
Ballard Power’s (Ballard Power Stock Quote, Chart, News, Analysts, Financials NASDAQ:BLDP) disappointing Q1 2025 results prompted Roth Capital Partners analyst Craig Irwin to reaffirm his $1.25 price target and “Neutral” rating, highlighting the company’s continued cash burn, lack of new bookings and limited visibility on a path to profitability. However, he credited Ballard with maintaining […]

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Propel Holdings deserves a higher P/E multiple, Ventum says

Can Tech - Thu, 05/08/2025 - 11:07
Rob Goff of Ventum Capital Markets maintained a “Buy” rating and $45.00 price target on Propel Holdings (Propel Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:PRL) based on what he calls a “strong Q1 beat,” citing robust revenue and EPS outperformance, expanding credit quality, and platform momentum that aligns with his long-term growth thesis. In […]

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Ontario set to begin construction of Canada's 1st mini nuclear power plant

Technology news (CBC) - Thu, 05/08/2025 - 09:00

Premier Doug Ford's government has given Ontario Power Generation the green light to start construction on Canada’s first small modular reactor, a new nuclear technology to be built next door to the Darlington power plant. 

Categories: Technology news

Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip

BetaKit - Thu, 05/08/2025 - 07:46

CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”

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Where FreshBooks gets its best product ideas

BetaKit - Thu, 05/08/2025 - 07:00

Forums like Customer Experience Week help the company listen closely, and build accordingly.

The post Where FreshBooks gets its best product ideas first appeared on BetaKit.

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Active Impact Investments holds $110-million final close for third climate tech seed fund

BetaKit - Thu, 05/08/2025 - 06:30

Managing partner says firm chose to execute strategy over extending fundraise to hit original $120 million target.

The post Active Impact Investments holds $110-million final close for third climate tech seed fund first appeared on BetaKit.

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Scientists suspect lethal virus behind countless fish washing up dead in Lake Huron

Technology news (CBC) - Thu, 05/08/2025 - 04:00

Scientists who study fish suspect an outbreak of deadly hemorrhagic septicemia (VHS), could be behind the unusually large number of dead fish in Lake Huron this spring.

Categories: Technology news

Thinkific Labs: this analyst just chopped his price target

Can Tech - Wed, 05/07/2025 - 19:53
ATB Capital Markets is lowering its expectations for Thinkific Labs (Thinkific Labs Stock Quote, Chart, News, Analysts, Financials TSXV:THNC), with analyst Martin Toner trimming his price target to $3.25 from $3.75 while maintaining a “Sector Perform” rating. The revised forecast reflects a miss on gross margins, weaker long-term revenue visibility and a weaker U.S. dollar. […]

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WELL Health has a “massive” opportunity, this analyst says

Can Tech - Wed, 05/07/2025 - 19:01
Beacon Securities analyst Gabriel Leung maintained his “Buy” rating on Well Health Technologies (Well Health Technologies Stock Quote, Chart, News, Analysts, Financials TSX:WELL) with an unchanged 12-month price target of C$9.00. In his May 7 corporate update, Leung remained bullish on Well Health’s positioning as a consolidator in Canada’s healthcare market. He noted the company’s […]

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Unblocked raises $27.5 million Series A to make sure developers actually understand their code

BetaKit - Wed, 05/07/2025 - 14:53

Unblocked looks to bridge the knowledge gap as AI-generated code becomes commonplace.

The post Unblocked raises $27.5 million Series A to make sure developers actually understand their code first appeared on BetaKit.

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Propel has a record first quarter while Thinkific sees modest gains

BetaKit - Wed, 05/07/2025 - 14:53

The FinTech and edtech companies told two very different tales with their earnings.

The post Propel has a record first quarter while Thinkific sees modest gains first appeared on BetaKit.

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Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future

BetaKit - Wed, 05/07/2025 - 14:39

Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”

The post Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future first appeared on BetaKit.

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Montreal General unveils advanced surgical centre

Can Health - Wed, 05/07/2025 - 12:19

MONTREAL — The Research Institute of the McGill University Health Centre has inaugurated the Surgical Performance Enhancement and Robotics Centre (SuPER) at the Montreal General Hospital (MGH) of the McGill […]

The post Montreal General unveils advanced surgical centre first appeared on Canadian Healthcare Technology.

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Infoway announces vendor innovator winners

Can Health - Wed, 05/07/2025 - 12:19

TORONTO — Canada Health Infoway has announced eight recipients of the 2025 Vendor Innovation Program (VIP), recognizing integrated, forward-looking solutions that will help advance connected care, improve patient access to […]

The post Infoway announces vendor innovator winners first appeared on Canadian Healthcare Technology.

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NYGH moves its EHR to Oracle cloud

Can Health - Wed, 05/07/2025 - 12:18

TORONTO — North York General Hospital has improved the performance and usability of its Oracle Health Foundation electronic health record (EHR) by migrating it to Oracle Cloud Infrastructure (OCI). With […]

The post NYGH moves its EHR to Oracle cloud first appeared on Canadian Healthcare Technology.

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Thunder Bay hospital uses SMS for patient surveys

Can Health - Wed, 05/07/2025 - 12:18

THUNDER BAY, Ont. — The Thunder Bay Regional Health Sciences Centre says it is the first hospital in Ontario to adopt a text message-based patient survey distribution. The hospital has […]

The post Thunder Bay hospital uses SMS for patient surveys first appeared on Canadian Healthcare Technology.

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Fundraiser aims to support former CEO of AHS

Can Health - Wed, 05/07/2025 - 12:18

MEDICINE HAT, Alta. — An online fundraising campaign has been started on behalf of former Alberta Health Services CEO Athana Mentzelopoulos (pictured). As of Sunday evening, the GoFundMe had cleared […]

The post Fundraiser aims to support former CEO of AHS first appeared on Canadian Healthcare Technology.

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