Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round

BetaKit - Tue, 04/15/2025 - 12:59

Cyclic now counts Amazon and Microsoft as backers after extending round for a second time.

The post Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round first appeared on BetaKit.

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Kraken Robotics is “up to its eyeballs in orders”, Beacon says

Can Tech - Tue, 04/15/2025 - 11:29
Beacon Securities Ltd. is maintaining its Buy rating and $3.25 target, based on 25x CY26e EV/EBITDA, for Kraken Robotics (Kraken Robotics Stock Quote, Chart, News, Analysts, Financials TSXV:PNG). On April 10, Kraken Robotics announced that it received new orders totaling $11-million for SeaPower pressure-tolerant batteries for uncrewed underwater vehicles. This brings year-to-date new battery orders […]

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Magnachip Semiconductor is a buy, Roth says

Can Tech - Tue, 04/15/2025 - 11:28
ROTH Capital Partners analyst Suji Desilva says Magnachip Semiconductor’s (Magnachip Semiconductor Stock Quote, Chart, News, Analysts, Financials NYSE:MX) decision to shut down its display business bodes well for its core business and shareholders. Desilva, in a research report to clients April 8, maintained his “Buy” rating and price target of $6.00 on MX. On April […]

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Andlauer Healthcare Group has price target trimmed at TD

Can Tech - Tue, 04/15/2025 - 10:58
Ahead of the company’s first quarter results, TD Cowen analyst Tim James has cut his price target on Andlauer Healthcare Group (Andlauer Healthcare Group Stock Quote, Chart, News, Analysts, Financials TSX:AND). As reported by the Globe and Mail James April 15 maintained his “Buy” rating on AND while cutting his price target from $53.00 to […]

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Cohere doubles down on agentic search capabilities with new Embed 4 model

BetaKit - Tue, 04/15/2025 - 09:00

Agents will continue to be an important part of enterprise AI adoption, Cohere told BetaKit.

The post Cohere doubles down on agentic search capabilities with new Embed 4 model first appeared on BetaKit.

Categories: Technology news

New early-stage VC fund Trillick Ventures aims to bring funding to “underrepresented” Manitoba

BetaKit - Tue, 04/15/2025 - 06:00

Trillick has closed nearly a third of its $15-million target and made three investments.

The post New early-stage VC fund Trillick Ventures aims to bring funding to “underrepresented” Manitoba first appeared on BetaKit.

Categories: Technology news

Theratechnologies can do better than the Future Pak offer, Leede says

Can Tech - Mon, 04/14/2025 - 16:00
An offer to buy Theratechnologies (Theratechnologies Stock Quote, Chart, News, Analysts, Financials TSX:TH) doesn’t have Leede Financial analyst Douglas Loe suggesting that shareholders should Tender their shares to the deal. On April 11, TH reported that it had received multiple offers from Future Pak to buy the company out, noting that after receiving any offer […]

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Xaba aims to make industrial robots smarter with $8-million CAD seed extension

BetaKit - Mon, 04/14/2025 - 14:55

Low-code software serves as a robot's "synthetic brain," according to the company.

The post Xaba aims to make industrial robots smarter with $8-million CAD seed extension first appeared on BetaKit.

Categories: Technology news

Will the Bank of Canada cut interest rates this week?

Can Tech - Mon, 04/14/2025 - 10:05
“A close call.” That’s the way economists at RBC describe the decision this week for the Bank of Canada on interest rates, ultimately landing on the side of yes, they will. In a report dated April 11, economists Nathan Janzen and Abbey Xu said the Trump tariff decision could play a part in the April […]

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All-female crew, including singer Katy Perry, blast off on Blue Origin rocket

Technology news (CBC) - Mon, 04/14/2025 - 09:03

Jeff Bezos's Blue Origin launched his fiancée Lauren Sanchez into space Monday with an all-female celebrity crew that included Katy Perry and Gayle King.

Categories: Technology news

Performance anxiety and access to capital top of mind for Canadian VCs

BetaKit - Mon, 04/14/2025 - 06:00

Closed-door discussions at CIX Summit Investor Forum showed Canadian venture taking a hard look in the mirror.

The post Performance anxiety and access to capital top of mind for Canadian VCs first appeared on BetaKit.

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Canadian tech makes federal election asks

BetaKit - Mon, 04/14/2025 - 05:00

Plus: BetaKit's “Most Ambitious” issue launches in June.

The post Canadian tech makes federal election asks first appeared on BetaKit.

Categories: Technology news

Ontario's severed ties with Starlink impedes access to legal services in remote First Nations

Technology news (CBC) - Mon, 04/14/2025 - 05:00

Indigenous legal advocates in northwestern Ontario are sounding the alarm over the Ontario government's cancellation of its contract with Starlink, citing concerns with people's access to legal services in remote First Nations.

Categories: Technology news

N.L.'s wind-hydrogen hype is on fumes, but this Placentia Bay project is forging ahead

Technology news (CBC) - Mon, 04/14/2025 - 04:30

All the hype over hydrogen in Newfoundland and Labrador has subsided, but the company that operates the oil storage terminal in Come By Chance is forging ahead with a unique approach to delivering clean energy to Europe.

Categories: Technology news

Inside Eric Migicovsky’s crazy journey to relaunch Pebble

BetaKit - Sun, 04/13/2025 - 15:10

A decade after the first Pebble, Canada's wearables king is back making smartwatches for himself.

The post Inside Eric Migicovsky’s crazy journey to relaunch Pebble first appeared on BetaKit.

Categories: Technology news

Can Canada grow more of its own food? Greenhouses, vertical farming make it possible, experts say

Technology news (CBC) - Sat, 04/12/2025 - 04:00

Our suddenly rocky relationship with the U.S. has a lot of Canadians rethinking our dependence on our southern neighbor, especially fruit and vegetable imports. Could Canada grow more of what we eat? And what would it cost us?

Categories: Technology news

Canada will no longer cover travel costs of experts it nominates to UN's climate science body

Technology news (CBC) - Sat, 04/12/2025 - 04:00

In a sudden and unexplained change from previous decades, the federal government has stopped covering the travel costs of Canadian experts volunteering for the next major global climate science assessment.

Categories: Technology news

Wealthsimple’s acquihire, Shopify’s AI policy, and Nintendo’s Switch 2 confusion

BetaKit - Fri, 04/11/2025 - 15:24

Test your knowledge of Canadian tech news with The BetaKit Quiz for Apr. 11, 2025.

The post Wealthsimple’s acquihire, Shopify’s AI policy, and Nintendo’s Switch 2 confusion first appeared on BetaKit.

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