Corinex secures $42 million CAD to continue its European expansion

Corinex’s sensors and software help utilities providers monitor their power grids. Vancouver-based Corinex has raised…

“I Am Seeing My Community of Researchers Decimated”

A few days into Donald Trump’s second term, Emily Williams, a public-health professor at the University…

FreshBooks reveals new CEO Shaheen Javadizadeh after securing $179 million in debt from Morgan Stanley

Company expected to use new facility to refinance existing debt as interim CEO Mara Reiff moves…

Novarc Technologies raises Series B round led by Export Development Canada

Novarc recently partnered with a Wisconsin-based welding manufacturer to develop AI-powered welding solutions. Vancouver-based Novarc…

Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures

Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform. Vancouver-based biotech…

GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups

Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.…

Mangrove Lithium secures $50.4 million to construct lithium refining plant in British Columbia

Company claims facility will produce enough battery-grade materials annually to power 25,000 EVs. Vancouver-based Mangrove…

In 2024, Canada struggled to find its place in the global AI race

Canada can’t outspend its peers. So how might it outsmart them? 2024 was the year…

D-Wave completes $175-million USD stock sale to fuel quantum computing development

CEO says fundraise “substantially improves” D-Wave’s financial strength. D-Wave Quantum has raised $175 million USD…

Office management startup GPHY plans to grow sales outside of Québec with $5-million CAD seed round

Company uses anonymized sensors to count in-office employees in the era of hybrid work. Québec…