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Canada Rocket Company Raises $6.2M to Build Launch Systems

January 16, 2026 by Newsdesk

Canada Rocket Company has launched with $6.2 million in seed funding led by BDC Capital and Garage Capital, aiming to build domestic launch capability. The Toronto-based startup plans two rockets: a light-duty vehicle deployable within 96 hours and a reusable medium-lift system for low Earth orbit.

Additional backers include Ripple Ventures, Panache Ventures, Northside Ventures, and Cold Capital. CEO Hugh Kolias said the company targets a first launch by 2028, responding to federal calls for sovereign access to space. While Canada relies on foreign launch providers, Canada Rocket Company is assembling local expertise, including former SpaceX engineers David Tenny and Eric Kupp, to change that.

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

Borderless AI launches ADP Marketplace integration

January 15, 2026 by Newsdesk

Toronto-based Borderless AI has launched a live integration with ADP Workforce Now, now available on both the U.S. ADP Marketplace and ADP Marketplace Canada. The integration allows organizations to manage global employment, payroll, and contractors directly within ADP’s core HR platform, supporting compliant hiring in more than 170 countries.

The launch expands access to Borderless AI’s employer-of-record services for ADP customers building distributed teams, while reducing manual data entry and disconnected workflows. Borderless AI is currently the only Canadian-owned EOR provider listed on the ADP Marketplace and one of just two available in both the U.S. and Canada.

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

Helcim Launches Browser-Based Payment Extension

January 15, 2026 by Newsdesk

Calgary-based Helcim has launched the Helcim Payment Extension, a browser-based tool that injects Helcim’s interchange-plus payments directly into third-party vertical SaaS platforms. The extension allows merchants to use Helcim inside popular business software such as Jobber, Clio, and Jane App, without switching platforms or accepting bundled payment providers.

Payment data flows automatically between the software and Helcim, keeping records in sync. The extension supports more than 20 platforms at launch, with plans to expand to over 100 integrations by year-end.

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

Former Defence Minister Backs New Tech Venture

January 15, 2026 by Newsdesk

Former federal defence minister Harjit Sajjan and technology entrepreneur Hunter Scharfe have launched Juno Industries, a Vancouver-based defence technology company developing autonomous systems for Canada and allied nations. Sajjan will serve as executive chairman, with Scharfe as chief executive officer.

Juno closed a $3 million seed round in fall 2025, backed by Canadian entrepreneurs including D-Wave and Sanctuary AI founder Geordie Rose, now a senior advisor. Sajjan said the venture reflects priorities from his tenure, citing predictability and a clear path for defence innovation. With Ottawa committing roughly $80 billion to military modernization, Juno aims to advance dual-use autonomy for high-consequence environments at scale.

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

AI Redraws Workplace Norms in Canada

January 15, 2026 by Newsdesk

As artificial intelligence spreads through daily work, it is reshaping workplace norms alongside productivity. Research from Microsoft Canada shows 59 percent of Canadians believe employees should ask permission before using AI to transcribe meetings, while 63 percent say consent is required for recording.

Expectations are shifting as organizations adopt new tools. The study found AI already influences collaboration: 63 percent say it shapes team culture, 48 percent cite new ways to collaborate, and 47 percent report more confidence before sending important messages. For leaders, the findings raise questions about trust.

Want to know more? Check out the source code here.

Science&Humans Raises $10M to Scale Hormone Care

January 15, 2026 by Newsdesk

Toronto-based Science&Humans has raised $10 million to accelerate growth after seven years of bootstrapping its hormone-health telemedicine platform. The Series A includes $7 million in equity led by Pender Ventures and $3 million in venture debt from CIBC Innovation Banking, marking the firm’s first external capital beyond a prior BDC credit line.

Science&Humans connects patients with specialists to diagnose and treat hormone imbalances affecting men and women. The company reports seven-figure annual revenue and nearly 60,000 patients served. CEO Aftab Pashaw said rising awareness has pushed hormone health into the mainstream, creating an opportunity to scale nationally, particularly through employer and insurer partnerships.

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

Canada Claims Nine Spots on Global Cleantech 100

January 14, 2026 by Newsdesk

Cleantech Group released its 2026 Global Cleantech 100, spotlighting companies advancing a cleaner, more resilient economy. Now in its seventeenth year, the list reflects intensifying competition after volatile markets, with growth clustering around AI-enabled infrastructure and critical minerals.

Nine Canadian firms were named, matching last year and underscoring national strength in carbon removal, energy systems, advanced materials, and industrial efficiency. Canadian honourees span industrial decarbonization, storage, critical minerals, and digital infrastructure, aligning with global demand for scalable solutions. The showing signals Canada’s depth as capital shifts toward execution-ready technologies supporting energy transition, supply-chain security, and grid resilience in 2026.

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

Veritree, Manulife Partner on Smart Forests

January 14, 2026 by Newsdesk

Vancouver-based veritree has announced a major partnership with Manulife, marking the first corporate deployment of its Smart Forest technology. The collaboration brings Manulife’s reforestation efforts onto veritree’s data-driven platform and introduces the technology to Asia through projects in Japan and the Philippines.

Manulife Impact Forests aim to restore ecosystems, support communities, and enhance climate resilience. Veritree’s system combines satellite imagery, ground data, and bio-acoustic monitoring to track measurable outcomes, including carbon sequestration and biodiversity gains. Manulife called the initiative a model for integrating sustainability, accountability, and innovation. Veritree has helped plant over 180 million trees globally.

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

Portage Takes Over $300M Fintech Portfolio

January 14, 2026 by Newsdesk

Toronto-based Portage Ventures has signed an agreement with New York’s Point72 Ventures to manage select fintech assets valued at nearly US$300 million. The portfolio will move into a continuation vehicle backed by Goldman Sachs Alternatives and secondary investors. Portage will serve as general partner, oversee additional Point72 assets, and add Point72 partner Tripp Shriner as a general partner managing the vehicle.

CEO Adam Felesky said the deal reflects confidence in the portfolio’s quality and Portage’s value-creation expertise. Co-founder Paul Desmarais called it a milestone expanding Portage’s global reach. Portage manages nearly US$6 billion across more than 100 companies worldwide.

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

Canadian Traffic Tech Scales Through Global Data

January 14, 2026 by Newsdesk

Miovision Technologies has signed a partnership with Dutch mapping firm TomTom to expand traffic intelligence for cities worldwide. The Kitchener-based company will integrate TomTom’s anonymized traffic data into its Miovision One platform, boosting coverage from 60,000 intersections to more than 300,000 globally.

Founded in 2005, Miovision uses sensors, computer vision, and analytics to help cities optimize traffic signals and reduce congestion. TomTom’s mobile and vehicle data will enable deeper analysis, congestion mapping, and improved signal timing. Miovision says its technology has cut travel times by 25 percent in U.S. cities.

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

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