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Canadian Tech in 100 Words

Absolute Software to Be Acquired by Crosspoint Capital

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Vancouver’s Absolute Software has agreed to be acquired by private equity firm Crosspoint Capital Partners, with shareholders set to receive US$11.50 per share in cash.

Absolute built the industry’s only self-healing security platform, embedding resilience and zero trust access directly into device firmware for more than 21,000 customers worldwide. Crosspoint, a cybersecurity-focused investor, says it will drive the company’s next phase of growth. The deal gives shareholders immediate cash value while taking Absolute private. Its technology reaches customers through OEM partners and a global reseller network.

Want to know more? Check out the source code on Techcouver.

BC’s Largest VR Facility Opens in Aldergrove

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Another World VR has opened in Aldergrove, in Langley Township between Abbotsford and Vancouver, as British Columbia’s largest virtual reality facility. The 2,000-square-foot venue is part of a global network spanning more than 250 cities in 36 countries.

Its 1,400 square feet of free-roam zones let up to 14 players move wirelessly through games together, from zombie battles to fishing and ghost hunting. The venue was founded by Phillip Chang and his family and also hosts parties and group events.

Want to know more? Check out the source code on Techcouver.

Maximum Contrast Launches Lumos XR Platform for Brands

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Vancouver creative technology agency Maximum Contrast has launched Lumos XR, an extended reality platform that lets brands build interactive 3D worlds customers enter by scanning a QR code.

The platform uses gesture-based interaction, voice activation and gaze tracking, powered by a head- and gaze-tracking system the company calls 4D Laservision. An AI assistant, NeuralMax, talks users through the worlds in natural conversation. Experiences run across devices, which Maximum Contrast says makes extended reality practical for businesses of any size.

Want to know more? Check out the source code on Techcouver.

Metavista3D Raises $6 Million for Glasses-Free 3D

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Vancouver-based Metavista3D has secured $6 million in financing from institutional investors Sorbie Bornholm and Sorbie Investments to commercialize its glasses-free 3D display technology.

The company’s pseudo-holographic displays use movement tracking and AI-powered conversion to turn ordinary 2D content into 3D, with no glasses or headset required. Metavista3D showcased the technology at CES in January and says it lets users explore the metaverse in new ways. The publicly traded company describes the experience as a leap beyond conventional 3D screens. Proceeds will fund commercialization and its patent portfolio.

Want to know more? Check out the source code on Techcouver.

CorpRite Pulls Corporate Records Into One Platform

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Toronto’s CorpRite Technologies has launched an enterprise platform that pulls corporate records, minute books, cap tables and governance workflows into a single digital system for law firms, accelerators and investors.

The company began in 2022 as Incorporight, founded by lawyer Tyler Benoliel, and rebranded this year. Records at many firms still sit scattered across PDFs, spreadsheets and email threads. CorpRite adds AI-assisted onboarding and a blockchain-backed audit trail, pitching one source of truth for corporate records. Every change to a record is written to that audit trail.

Want to know more? Check out the source code on LegalTech.ca.

EarthDaily Lands $3-Million NASA Task Order for Land Imaging

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Vancouver’s EarthDaily Analytics has won a $3 million task order from NASA to help the U.S. Geological Survey evaluate commercial data for federal land imaging programs, under the joint Sustainable Land Imaging initiative. EarthDaily built its constellation specifically to measure change on Earth.

NASA and the USGS will test EarthDaily Constellation data against Landsat standards for quality, calibration and stability. The project also examines how commercial observation can produce AI-ready data designed for machine-learning workflows, extending a Landsat record built over decades of measurement.

Want to know more? Check out the source code on Techcouver.

Forest Guardian Maps Woodlands Tree by Tree

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Kamloops-based Innovatree Carbon Group has won the AI Innovation Award in the Telus #StandWithOwners program for Forest Guardian, a platform that uses LiDAR sensing and machine learning to map woodland tree by tree.

The system automates timber planning and calculates carbon sequestration baselines for forest managers, turning raw LiDAR data into a planning tool. Telus has invested $7 million in the program since 2020, and this year’s three grand prize winners each receive $125,000 worth of support. Innovatree was the technology winner among them.

Want to know more? Check out the source code on Techcouver.

Carrot Ventures Puts $150,000 Behind Food and AgTech Ideas

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Calgary venture studio Carrot Ventures has launched a Food and AgTech Innovation Challenge offering a $150,000 prize, run with the XPRIZE Canada Hub. Selected ideas are also eligible for up to $1.5 million in follow-on investment.

The challenge has two tracks: Food Innovation, covering preservation, packaging, safety and waste, and Produce More with Less, focused on farm productivity, robotics and resource efficiency. Applications are open globally until December 31, 2026, with winners announced in January 2027. Carrot is operated by Verdex Capital.

Want to know more? Check out the source code on Calgary.tech.

TrueDoc Builds a Lie Detector for Financial Documents

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Toronto-based TrueDoc is building a document-forensics platform that hunts for signs of manipulation in bank statements, pay stubs, tax records, invoices and identity documents submitted with financial applications.

Founder Andrii Patiutka says generative AI has made convincing forgeries fast and cheap to produce. Bootstrapped since October 2025, TrueDoc has grown to 40 paying customers and 1,500 free users. The platform is designed to complement, not replace, the identity-verification and KYC systems lenders already use to approve applicants. Thirty-two of its paying customers joined in July alone.

Want to know more? Check out the source code on Fintech.ca.

Ndax Auto Earn Puts Crypto Staking on Autopilot

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Canadian crypto platform Ndax has launched Auto Earn, a feature that automatically enrols supported holdings in staking and pays rewards every week. The service covers 17 digital assets, including Ethereum, Solana and Cardano, offers annual yields of up to 7.5 per cent, and imposes no fixed lock-up period.

Ndax is waiving its standard 20 per cent commission on Auto Earn rewards through October 2026. Its staking service, running since 2022, now holds more than $44.2 million in staked assets and has distributed over $5.4 million in rewards. An Ontario Securities Commission survey found 25 per cent of Canadians now own crypto.

Want to know more? Check out the source code on Fintech.ca.