Hypertec becomes key partner for Nvidia in Canada

Hypertec becomes key partner for Nvidia in Canada

Montréal-based Hypertec Group has announced a first-of-its kind agreement in Canada that will see the AI infrastructure firm become a key partner for Nvidia in the country. On Thursday, Nvidia named Hypertec’s Ciara division its first original equipment manufacturer (OEM) partner in Canada. The designation means benefits like pre-release product access, the ability to work…

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How new SR&ED changes could supercharge Canadian hard tech and manufacturing startups

How new SR&ED changes could supercharge Canadian hard tech and manufacturing startups

What happens when a country starts taking manufacturing innovation seriously?  For Canada, it could mean turning the innovation already happening inside cleantech startups, deep materials companies, robotics developers, and the burgeoning ranks of hard tech founders into a real engine for growth and global competitiveness—and not a moment too soon, as companies race to rebuild…

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BDC launches 0-million life sciences fund

BDC launches $150-million life sciences fund

Canada’s largest VC has officially launched a new $150-million CAD fund to directly invest in life sciences companies, years after retreating from the sector.  The Business Development Bank of Canada (BDC)’s VC arm, BDC Capital, announced on Thursday that the new fund will invest in seed- and Series A-stage companies building therapeutic products and medical…

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Blackline Safety to go private in 0-million deal

Blackline Safety to go private in $850-million deal

Calgary-based industrial safety technology firm Blackline Safety plans to delist from the Toronto Stock Exchange (TSX) and transition to a private company thanks to an agreement with an affiliate of Silicon Valley’s Francisco Partners Management. The definitive agreement values Blackline at up to $850 million. Francisco Partners has agreed to acquire all issued and outstanding…

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Toronto gets a new hub for accessibility innovation

Toronto gets a new hub for accessibility innovation

After years of providing virtual accelerator programming to accessibility technology startups and borrowing space for community events, Access to Success (ATS) has officially opened its first physical hub in Toronto. Through the newly launched ATS Innovation Hub on Toronto’s eastern waterfront, the nonprofit aims to support the growth of companies developing solutions in areas like…

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NYT claims Bitcoin creator is founder of Canadian company Blockstream

NYT claims Bitcoin creator is founder of Canadian company Blockstream

The co-founder and CEO of Canadian crypto company Blockstream may be the mysterious creator of Bitcoin, at least according to a thorough new New York Times investigation.  The article, published Wednesday morning, identifies the likely Bitcoin founder as Adam Back, a British-born computer scientist and cryptographer. Back has repeatedly dismissed speculation that he is Satoshi…

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