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Summit Nanotech Raises $36.5M for Lithium Extraction

March 18, 2025 by Newsdesk

Calgary-based Summit Nanotech has secured $36.5 million to advance its direct lithium extraction (DLE) technology. Led by Evok Innovations and BDC Capital’s Climate Tech Fund, the funding will support the commercial deployment of Summit’s denaLi™ system, which optimizes lithium recovery while reducing water use and costs.

CEO Amanda Hall highlighted the company’s transition to full-scale operations. Recent milestones include commissioning a Chile demonstration plant and qualifying its sorbent technology. With backing from Mitsui Kinzoku, LG Technology Ventures, and others, Summit is strengthening the lithium supply chain to meet growing EV battery demand.

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

Miru Unveils Large-Scale Smart Sunroof for Vehicles

March 18, 2025 by Newsdesk

Vancouver’s Miru Smart Technologies has unveiled one of the largest electrochromic sunroof devices, measuring 1.5m x 1.6m, showcasing its eWindows technology for next-gen vehicles. Developed with Argotec, a leader in TPU interlayer films, the sunroof reduces glare, improves energy efficiency, and enhances driving comfort.

CEO Curtis Berlinguette calls it a milestone for smart automotive glazing. The prototype’s compound-curved design suits panoramic sunroofs and expansive vehicle glazing. Miru’s innovation follows advancements at its Showcase Plant in Finland, aligning with the auto industry’s shift toward intelligent, energy-efficient designs.

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

Ownright Aims to Simplify Real Estate Law with Tech

March 18, 2025 by Newsdesk

Ontario-based digital real estate law firm Doormat has rebranded as Ownright, reflecting its commitment to automation and client-focused services. The company also secured a $4.5M seed round, led by Alate and Relay Ventures, bringing total funding to $6.5M. Ownright streamlines property closings, mortgage refinancing, and status certificate reviews, eliminating tedious email chains.

Since launching in 2023, the company has processed $750M in transactions and is projected to surpass $1B by 2025. CEO Robert Saunders says the rebrand aligns with the company’s mission to make real estate law efficient and transparent through technology-driven legal solutions.

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

Survey: Nearly Half See AI as Less Biased Than Humans

March 18, 2025 by Newsdesk

A new Canada-U.S. survey from AI litigation platform Alexi and Talker Research finds that 47% of North Americans believe AI will eventually be less biased than humans. Canadians are more optimistic (52%) than Americans (46%). The 2025 North American AI Outlook Report highlights skepticism, with 27% doubting AI’s fairness and 24% uncertain.

Despite trust concerns, 44% say AI will reduce repetitive tasks, and 35% expect AI to handle legal services. Support for AI education is high, particularly in Canada. CEO Mark Doble stresses AI’s role in enhancing, not replacing, professionals as industries adjust to automation.

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

Trump’s Tariffs Hit Apple’s Green Aluminum Plan

March 17, 2025 by Newsdesk

Donald Trump’s tariffs on Canadian aluminum are driving up costs for Apple, which sources carbon-free aluminum from Montreal-based Elysis. The joint venture between Rio Tinto and Alcoa produces aluminum exclusively in Quebec, a province with nine major aluminum facilities powered by hydroelectricity.

While Canada’s steel industry struggles under U.S. tariffs, aluminum producers are better positioned due to America’s lack of domestic production. Apple’s push for carbon neutrality by 2030 hinges on sustainable materials like Elysis aluminum, but rising costs may force adjustments. The trade war’s latest target could be your iPhone.

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

Blossom Partners with Nasdaq to Boost Investor Access

March 17, 2025 by Newsdesk

Vancouver-based fintech startup Blossom has partnered with Nasdaq to enhance exposure of its indexes to retail investors. The collaboration introduces a Nasdaq Education Hub on the Blossom app, highlighting resources on ETFs tracking Semiconductor, Cybersecurity, AI, and Crypto indexes.

CEO Maxwell Nicholson called the deal a “match made in heaven,” marking another milestone for the startup, which was named one of Apple’s Top 25 Apps for 2025. Founded in 2021, Blossom has expanded rapidly, recently partnering with the TSX. With over 200,000 members and $1 billion in connected assets, the firm has raised $4 million to date.

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

Calgary’s Qube Earns EPA Approval for Methane Tech

March 17, 2025 by Newsdesk

Calgary-based Qube Technologies has received U.S. EPA approval for its continuous methane monitoring system under NSPS OOOO regulations. This designation allows oil and gas operators to use Qube’s real-time emissions tracking as an alternative test method, reducing costs and improving compliance.

Unlike traditional methods relying on periodic inspections, Qube’s system offers 24/7 monitoring, detecting and quantifying leaks instantly. CEO Alex MacGregor calls the approval a validation of their innovative emissions technology. The system, which combines calibrated sensors and data modeling, positions Qube as a leader in next-generation environmental monitoring for the U.S. energy sector.

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

AI, Agile, and Inclusion: How TD is Building Tech Talent

March 17, 2025 by Newsdesk

TD Bank isn’t just hiring tech talent—it’s building it from within. At TD TechCon 2025, the Bank doubled down on AI, cybersecurity, and cloud computing training, ensuring employees stay ahead in fintech. From GitHub Copilot integration to hands-on agile training, TD is making upskilling a priority.

Industry collaborations with QueerTech and BPTN help expand opportunities for diverse talent. Senior VP Licenia Rojas says AI will reshape banking, and TD wants its people ready. With mentorship, training, and cutting-edge tools, the Bank is crafting a workforce prepared for tomorrow’s financial landscape.

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

Startup Holdr Reimagines Music Monetization

March 14, 2025 by Newsdesk

Vancouver-based Holdr is introducing a new model for artist monetization, offering musicians an exclusive one-time membership for their most dedicated fans. Co-founded by Aneesh Varshney and Buk Nkosi, Holdr allows artists to sell 1,000 lifetime memberships, granting fans perks like unreleased music, free tickets, and digital experiences.

Unlike Patreon’s subscription model, Holdr lets fans auction for access, creating a long-term revenue stream for artists. The startup has already secured high-profile investors, including Hootsuite’s Ryan Holmes and executives from Universal Music. Holdr is now raising $1.5 million to expand globally.

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

Northleaf Invests $100M in Shared Tower to Expand Connectivity

March 14, 2025 by Newsdesk

Northleaf Capital Partners has committed C$100 million to Shared Tower, a carrier-neutral communications infrastructure provider based in Oakville, Ontario. The investment aims to accelerate Shared Tower’s expansion under its shared infrastructure model, enhancing connectivity across Canada.

Founded in 2021 by CEO Dan Gibbons, Shared Tower operates long-term contracts with service providers. Northleaf’s Managing Director Chris Rigobon highlighted the company’s proven track record in project execution. Northleaf, which manages US$28 billion in private markets investments, sees this deal as a strong fit for its infrastructure strategy, benefiting institutional investors globally.

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

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