Photonic co-founder Stephanie Simmons holding a chip in her raised hand. She is smiling and appears to be in some kind of workshop.
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Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft

Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform. Quantum startup Photonic has raised a $137-million CAD ($100 million USD)…

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HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics
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HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics

HaiLa says funding will fuel R&D for its IoT chips and solutions. HaiLa Technologies has announced that it has raised a $10.35 million USD…

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Digital medical-billing platform ResolvMD secures $2 million loan from PaceZero to pursue strategic acquisitions
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Digital medical-billing platform ResolvMD secures $2 million loan from PaceZero to pursue strategic acquisitions

Doctor-backed Calgary startup sees opportunities across Alberta. Toronto-based private credit firm PaceZero Capital Partners is providing $2 million CAD in growth financing to Calgary…

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Cohere secures strategic investment from SAP as enterprise demand for generative AI grows
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Cohere secures strategic investment from SAP as enterprise demand for generative AI grows

Toronto-based Cohere has also partnered with McKinsey. German software giant SAP has made strategic investments in Toronto-based OpenAI rival Cohere and a pair of…

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Mila
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Vietnam’s FPT and Quebec’s Mila renew three-year strategic partnership, vow to practice responsible AI

Organizations plan to collaborate on large language models and natural language processing. Vietnam-based FPT and Quebec-based Mila announced the renewal of a three-year strategic…

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NorthStar Gaming signs a strategic agreement with Blue Sky
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NorthStar Gaming signs a strategic agreement with Blue Sky

According to reports, NorthStar Gaming and Blue Sky have reached an agreement. The strategic agreement emphasizes Blue Sky’s commitment to serve as NorthStar’s financial advisor….

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Hopper closes $96 million USD from Capital One at more than $5 billion valuation
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R|T: The Retail Times – Inside Hopper’s key strategic relationship and $5 billion valuation

Plus: Where and why Shopify is outsourcing customer support. The Retail Times is a weekly newsletter covering retail tech news from Canada and around…

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TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
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TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty

Amid the prospect of recession and stiff competition, TouchBistro sets sights on growing efficiently. The pandemic has been difficult for TouchBistro and its competitors…

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Partnership with Mailchimp competitor Klaviyo marks Shopify’s second strategic investment in recent weeks
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Partnership with Mailchimp competitor Klaviyo marks Shopify’s second strategic investment in recent weeks

Recent SEC filing indicates Shopify may have invested $100 million USD in Klaviyo. Shopify has established a strategic partnership with Boston-based marketing automation software…

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With Series A funding, Manifest Climate can scale approach to helping companies see climate change as a strategic issue
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With Series A funding, Manifest Climate can scale approach to helping companies see climate change as a strategic issue

The $30 million round will help Manifest reach new markets. At a time when climate change has never been more prevalent in people’s everyday…

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