BetaKit x Good Future
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MaRS IAF is back, ready to invest in early-stage startups

Plus: BetaKit announces strategic partnership with Good Future. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important…

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Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
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Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups

The ClimateTech Fund is co-anchored by Québec and Sagard. Montréal-based venture builder and investor Diagram Ventures has launched a ClimateTech Fund, securing nearly $50…

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PASQAL, Investissement Québec launch $90-million Quantum Computing initiative
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PASQAL, Investissement Québec launch $90-million Quantum Computing initiative

The initiative intends to promote Sherbrooke, Québec as an international quantum hub. French quantum computing firm PASQAL has launched a five-year, $90 million initiative…

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Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
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Active Impact launches $120-million third cleantech fund, Feds release Fall Economic Statement

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…

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A|I: The AI Times – As Sam Altman returns to OpenAI, Cohere CEO slams the “self righteousness” of effective altruism
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A|I: The AI Times – As Sam Altman returns to OpenAI, Cohere CEO slams the “self righteousness” of effective altruism

Plus: Microsoft looks to scale Québec presence with $500-million USD investment. The AI Times is a weekly newsletter covering the biggest AI, machine learning,…

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Geomega receives $2M from NGen for rare element recycling plant
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Geomega receives $2M from NGen for rare element recycling plant

Geomega’s recycling plant will help turn magnet scrap into rare earth elements used in electric vehicles. Montréal-based Geomega Resources has received $2.04 million from…

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Microsoft
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Microsoft looks to scale Québec presence with $500-million USD investment

Tech giant plans to expand its AI, cloud computing infrastructure in the province. Microsoft is betting big on Québec as the tech giant earmarks $685…

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Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging
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Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging

RVE’s president says the funding will help free up 4,000 megawatts of power from the grid. Québec-based Recharge Véhicule Électrique (RVE) has received over…

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SMT Intelligence
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Electronic circuit manufacturer SMT Intelligence raises $68 million from the Fonds FTQ

SMT uses robotics, AI to produce over eight million electronic circuits annually. Laval, Québec-based electronic circuit manufacturing firm SMT Intelligence has received a $68-million…

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Quebec flag
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Federal, Québec governments invest over $7.6 million into quantum telecom testbed

The testbed will allow businesses to experiment with quantum technologies for telecom networks. The federal government and the Government of Québec are jointly investing…

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