Harjit Sajjan reports for duty
After decades in public service, former defence minister Harjit Sajjan is now a defence-tech entrepreneur.
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SaaSpocalypse now? These founders don’t think so.
At Web Summit, founders see the future of SaaS embracing as agentic AI, rather than being destroyed by it.
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Inside ventureLAB’s bid to bring AI to Ontario’s critical industries
The Critical Industrial Technologies initiative helps Ontario’s SMEs move from working pilot to working business.
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Quantum startup Nord Quantique secures $1.4-billion USD valuation
Québec-based company is one of Canada’s leaders in quantum computing.
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Nuclear fusion powerplant could be running by 2035, General Fusion CEO says
The nuclear fusion company isn’t worried about going public as a pre-revenue company
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Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report
Revenue mainly came from US DARPA quantum program, with support from Canadian government as well.
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How Alberta solved its nurse licence bottleneck with homegrown tech
Punchcard Systems is helping to cut public sector red tape.
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Feds back new group embedding graduate researchers with Canadian companies
TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.
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CMC Microsystems picks 11 winners for $10.7-million edge computing challenge
Funding comes through FABrIC network, which aims to grow Canada’s advanced semiconductor capabilities.
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Goldman Sachs to acquire Canadian data centre platform QScale
QScale founders will continue to run the business, which will keep its Québec headquarters.
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Telecom software startup Gaiia secures $40-million USD Series B round
Québec City spin-out of Oxio sells software for challenger telecoms.
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Clio tops $500 million USD in ARR as AI reshapes the legal market
CEO Jack Newton sounds off on revenue inflation and weathering the SaaSpocalypse.
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Inside the Calgary medtech company born from one man’s determination to treat his own son
Saving Adam was the first mission. Selling the science is the next.
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Ian Crosby is back with a new accounting startup for the agentic AI era
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic.
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Top Down closes VC fund aimed at “invisible infrastructure” of the global economy
Vancouver firm beats $25-million USD target for fund backing early-stage MSP and AI startups.
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UniUni to reportedly go public on TSX in $1-billion USD SPAC deal
BC-based last-mile delivery firm says it could pass $1 billion USD in sales this year.
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Ex-Hugging Face, Salesforce leaders partner on AI sustainability venture
Sustainable AI Group aims to help enterprises manage AI’s environmental impact.
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AI investment firm DevCap closes $5 million as it eyes public listing
10 startups in, the poker players-turned-VCs behind the firm unpack its progress and plans.
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Canadian VC sees lowest quarterly deal count in nearly a decade
CVCA report says growth capital constriction may push more companies to other funding outlets.
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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.
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