Draft revisions to a significant research and development (R&D) tax credit program are receiving praise from the Canadian tech ecosystem. These changes could help address…
View More Experts Say Proposed SR&ED Changes Could Boost Tech Companies and National ProductivityTag: Deep Tech
North Vector Dynamics wins $4.2M National Defence contract for hypersonic propulsion
A Calgary-based defence tech startup has secured a four-year, $4.2-million contract from Canada’s defence department, coinciding with increased federal military spending. North Vector Dynamics, founded…
View More North Vector Dynamics wins $4.2M National Defence contract for hypersonic propulsionDeep Sky Launches First Direct Air Carbon Capture Facility in Alberta
Montréal-based cleantech startup Deep Sky has announced that its pilot carbon-capture facility in Innisfail, Alberta, is now operational, marking a first for North America. Deep…
View More Deep Sky Launches First Direct Air Carbon Capture Facility in AlbertaHades Mining Unveils €5.5M Pre-Seed Funding
Hades Mining, a deeptech mining company based in Munich, has exited stealth mode and announced a €5.5 million pre-seed funding round led by Project A.…
View More Hades Mining Unveils €5.5M Pre-Seed FundingHades Mining from Munich raises €5.5 million to unlock Europe’s deepest energy reserves
Hades Mining, a deep-tech startup in Munich, has come out of stealth mode with a €5.5 million pre-seed round to create innovative drilling systems for…
View More Hades Mining from Munich raises €5.5 million to unlock Europe’s deepest energy reservesTech Ecosystem in Markham Empowers Founder to Tackle Major Construction Bottleneck
Two years ago, Lisa Mohapatra moved from Bangalore to Canada aiming to revamp a traditional industry. Her focus was integrating deep tech into preconstruction, covering…
View More Tech Ecosystem in Markham Empowers Founder to Tackle Major Construction BottleneckCohere Raises $500 Million at $6.8 Billion Valuation, Recruits Former Uber and Meta Executives
Toronto-based AI scaleup Cohere has secured $500 million USD ($690 million CAD) in new funding and appointed two former execs from Meta and Uber to…
View More Cohere Raises $500 Million at $6.8 Billion Valuation, Recruits Former Uber and Meta ExecutivesItaly’s Tech Ecosystem Grows with $768M Raised in 2025
Italy’s technology sector is experiencing a resurgence in 2025, according to data from Vento Ventures. $768 million has been raised in the first half of…
View More Italy’s Tech Ecosystem Grows with $768M Raised in 2025Waabi Appoints Uber Freight CEO to Head Self-Driving Truck Commercialization
Lior Ron, the co-founder and CEO of Uber Freight, is set to join Toronto-based Waabi as COO, guiding the company in deploying its AI-driven self-driving…
View More Waabi Appoints Uber Freight CEO to Head Self-Driving Truck CommercializationNordSpace Commences Construction of New Atlantic Spaceport Complex in Newfoundland
NordSpace, based in Markham, Ontario, has commenced construction on the site for Canada’s inaugural commercial space launch, scheduled for later this month in Newfoundland. The…
View More NordSpace Commences Construction of New Atlantic Spaceport Complex in Newfoundland