Toronto’s Xanadu and Coquitlam, BC-based Photonic, two Canadian quantum computing firms, are among 19 semi-finalists in the Canadian federal government’s latest defence technology competition. Through…
View More Federal Challenge Grants Funding to Photonic and Xanadu for Quantum Defense Tech Projects
Databricks, a leader in data intelligence based in San Francisco, is establishing a research and development center in Vancouver while anticipating its valuation will surpass…
View More Databricks Launches Vancouver R&D Center, Eyes $100 Billion USD Valuation
Months after reducing staff and operations due to fundraising difficulties, General Fusion’s call for investment has been answered. The Richmond, BC-based company secured $22 million…
View More General Fusion Secures $30 Million CAD to Continue Pursuit of Commercial Fusion Power
Guelph, Ont.-based cleantech startup Friendlier has secured $4.5 million CAD to expand its efforts in reducing single-use waste for food service operators. This funding round…
View More Friendlier Secures $4.5 Million to Aid Food Service Operators in Eliminating Single-Use Containers
WonderFi faced a challenging second quarter (Q2) ahead of Robinhood’s planned $250-million CAD acquisition of the Canadian crypto firm, which is expected to finalize in…
View More WonderFi Q2 Earnings Reveal Increasing Losses Before Robinhood Acquisition
Healwell is focusing exclusively on artificial intelligence (AI) and data science, as both it and parent company Well Health record record-breaking second-quarter earnings. The healthtech…
View More Healwell to Divest Research and Patient Businesses to Focus on AI
American AI startup Landbase has acquired its second Canadian AI company this year. Landbase, based in San Francisco but founded in Canada, offers AI go-to-market…
View More Landbase Acquires Adauris Team and Tech to Enhance AI Roadmap
Toronto-based Clutch, an online used car retailer, has resumed its expansion in Western Canada by opening a new 30,500-square-foot facility in Richmond, British Columbia. This…
View More Clutch Launches BC Facility to Accelerate Western Canada Expansion
In 2021, two Canadian tech companies went public on the Toronto Stock Exchange: Toronto’s FinTech company, Propel Holdings, and Vancouver’s Thinkific Labs, specializing in online…
View More Propel Achieves Record Quarter as Thinkific Targets Larger Customers in Q2
Vancouver’s Mogo, a FinTech company, has sold about $13.8 million CAD of its WonderFi investment, nearly half its holdings, as WonderFi is expected to be…
View More Mogo Sells $13.8 Million WonderFi Stake to Acquire Bitcoin Before Robinhood Deal