Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
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Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again

Since its launch in 2008, the Toronto-based MaRS Investment Accelerator Fund (IAF) has grown into one of the country’s most active early-stage venture capital…

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Justin Trudea and Deputy Prime Minister Chrystia Freeland
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Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024

Canada commits to “consumer-driven finance” and more powers for the Competition Bureau. While light on new funding for the country’s innovation economy, the federal…

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VentureLab’s latest HardTech Summit explores barriers, opportunities facing Canadian deep tech startups
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VentureLab’s latest HardTech Summit explores barriers, opportunities facing Canadian deep tech startups

Event panels survey state of play in Canada for hardware companies in medtech, AI, and other sectors. At VentureLab’s third HardTech Summit, speakers discussed…

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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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Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
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Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition

Ottawa-based chip firm GaN Systems has officially been acquired by German semiconductor giant Infineon Technologies. The $830-million USD all-cash transaction, which was first announced…

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Semiconductor
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As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support

New report comes after US commits $50 billion to its own domestic chip sector. The Semiconductor Industry Leadership and Innovation Canada Action Network (SILICAN)…

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VentureLab CEO Hugh Chow
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VentureLab appoints semiconductor industry leader Hugh Chow as CEO BetaKit

Hong Kong-born Chow sees room for VentureLab to extend itself globally. Hardware and semiconductor-focused Markham, Ont. tech hub VentureLab has found its next leader….

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Blumind hero graphic
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“There’s a revolution in the wings”: Why Canada’s semiconductor industry needs an overhaul

Blumind co-founder says AI will consume the world’s energy if semiconductors don’t become more efficient. The explosive growth of generative AI is blowing up…

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