Decoder.ca

Canadian Tech in 100 Words

Yaletown Closes $100M for Next-Gen Tech Fund

by

Yaletown Partners just closed $100M for IGF III—its biggest fund yet, aiming for $250M total. Even in a tough VC climate, the Vancouver firm moved fast, with backing from EDC, BMO, and InBC. IGF III doubles down on “Intelligent Industry,” targeting tools like edge computing and physical AI to digitize asset-heavy sectors.

“It’s the most scalable lever for competitiveness and returns,” says managing partner Salil Munjal. Investors say Yaletown knows how to pick and scale industrial winners.

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

Canada Marks Milestone with First Offshore Wind Sites

by

Canada has designated its first four offshore wind energy areas, all located off Nova Scotia’s coast. The selected sites—French Bank, Middle Bank, Sable Island Bank, and Sydney Bight—could generate up to five gigawatts of power, supporting energy security and economic growth.

Nova Scotia’s top-tier wind speeds position the province to become a clean energy exporter. A competitive licensing process, managed by the Canada-Nova Scotia Offshore Energy Regulator, will follow. Public consultation shaped the site selection, part of a broader strategy to create clean jobs and support long-term prosperity.

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

Toronto’s Xanadu Sets New Quantum Benchmark

by

Toronto-based Xanadu and Boston’s HyperLight have achieved a major milestone in quantum hardware, announcing record-low waveguide and switch losses in thin-film lithium niobate (TFLN) chips. With waveguide losses under 2 dB/m and switch loss of just 20 mdB, the chips meet critical performance thresholds for scalable, commercial photonic quantum computing.

Fabricated in high-volume semiconductor facilities, the chips align with Xanadu’s roadmap for utility-scale quantum systems. The breakthrough builds on their recent Aurora networked quantum computer demo. Both firms credit their longstanding collaboration as key to the result.

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

4AG Robotics Raises $40M for Mushroom Automation

by

Salmon Arm–based 4AG Robotics has raised $40 million in Series B financing to expand global deployment of its autonomous mushroom-harvesting robots. The round, led by Astanor Ventures and Cibus Capital, brings total funding to $57.5 million in two years. 4AG’s AI-powered systems harvest mushrooms 24/7 and retrofit into existing infrastructure, reducing labour costs and boosting productivity.

Deployments are active in Canada, Ireland, and Australia, with upcoming launches in the U.S. and Netherlands. The new funds will support manufacturing expansion, customer service growth, and R&D for features like disease detection and punnet packing.

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

Leadership Change at Canada’s Cleantech Accelerator

by

Jeanette Jackson is stepping down after seven years as CEO of Foresight Canada. Under her leadership, Foresight became a national cleantech force. Jackson will remain on the board and serve as a strategic advisor. David Sanguinetti, former COO and VP of Technology, becomes Interim CEO.

A cleantech veteran with global experience, Sanguinetti brings industry insight and personal sustainability to the role. He will lead a distributed executive team from Calgary, Toronto, Kelowna, and Vancouver. With strong leadership in place, Foresight remains focused on accelerating cleantech innovation across Canada.

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

Canada’s First Cement-Linked Carbon Capture Facility Launches in Ontario

by

Calgary-based Carbon Upcycling and Ash Grove have begun construction on Canada’s first commercial carbon capture and utilization (CCU) facility at a cement plant. Located in Mississauga, the Carbon 1 facility will use patented technology to capture kiln emissions and convert them into low-carbon supplementary cementitious materials (SCMs).

Once operational in 2026, it will produce 30,000 tonnes of SCMs annually. Backed by CRH Ventures and $10 million in federal funding, the project supports clean manufacturing goals and creates skilled local jobs. CEO Apoorv Sinha calls it a new model for community-aligned climate solutions.

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

CENTURY 21 Taps Propra to Modernize Management

by

Calgary-based Propra has partnered with CENTURY 21 Canada, advancing its transformation from proptech tool to full-fledged financial platform. Founded in 2021, Propra began by streamlining inspections and tenant communications but has since automated accounting with AI, tackling tasks like journal entries and e-transfer parsing.

CENTURY 21 Canada, with nearly 400 offices nationwide, selected Propra for its regulatory insight and intuitive tech. Offices will receive exclusive pricing as part of the rollout. CEO Al-Karim Khimji says the deal helps redefine property management’s digital future. “We’re excited to support a legacy brand’s next chapter,” he stated.

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

Ontario Startup Tackles Canada’s Housing Crisis

by

Ontario-based CABN has raised new funding to accelerate its production of net-zero, prefabricated homes amid Canada’s intensifying housing shortage. The company’s 90,000-square-foot Brockville facility will incorporate robotics and 3D LiDAR technology to produce 552,000 square feet of housing annually.

CABN claims its homes require just 20% the energy of traditional builds and can be completed in weeks. The CABN Foundation also brings sustainable housing to underserved communities. Backers include Active Impact Investments, Greensoil PropTech, and Groundbreak Ventures. CEO Jackson Wyatt calls the investment “a vote of confidence in prefab innovation and climate-resilient development.”

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

Canadian Sovereign AI Gets Major Boost from Bell, Cohere

by

Bell Canada has partnered with AI innovator Cohere to develop sovereign, full-stack AI solutions for Canadian enterprise and government clients. Cohere’s secure AI models, including its North agentic platform, will integrate with Bell AI Fabric—an ecosystem spanning infrastructure, software, services, and applications.

In exchange, Bell becomes Cohere’s preferred Canadian infrastructure provider. Both firms aim to advance productivity without compromising data privacy, security, or residency. Bell will also deploy North internally, enhancing services via its Ateko brand. The move underscores Canada’s growing role in AI sovereignty and innovation.

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

B.C. Startup Turns Parked Cars into Grid Assets

by

Vancouver’s Fuse Power Management is advancing Canada’s clean energy future by transforming electric vehicles into grid-balancing tools. A finalist for BC Tech’s Startup of the Year, Fuse is deploying the nation’s first field-based V2G (Vehicle-to-Grid) project with BC Hydro, cities, and school fleets.

CEO Rob Safrata—a former Olympian and Globe and Mail’s “Greenest CEO”—says EVs can ease pressure on strained energy systems. Backed by NorthX Climate Tech, BC Hydro, and others, Fuse is building real-world networks that link EVs, data, and utilities. Rooted in B.C.’s climate tech community, the company is letting action speak louder than theory.

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