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Canadian Tech in 100 Words

Visualping Rolls Out AI Upgrade to Cut Digital Noise

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Vancouver-based Visualping has introduced a significant upgrade to its website monitoring platform, unveiling an AI suite intended to curb information overload and improve user focus. Long used by researchers, journalists, analysts, and e-commerce teams, the service now filters out irrelevant website updates and delivers alerts only when user-defined conditions are met.

CEO Serge Salager said the goal is to simplify digital monitoring rather than add noise. New capabilities include natural-language prompts, AI summaries, OCR for visual changes, structured data extraction, and access to premium AI models. The system aims to provide precise intelligence from an ever-changing web.

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

Desjardins Launches Cancer Care Initiative for Personalized Treatment

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With nearly 45% of Canadians expected to face cancer in their lifetime, Desjardins Insurance has launched Cancer Care Focus, a new initiative aimed at simplifying access to personalized support. The program partners with Calgary-born OncoHelix, Ottawa’s Constant Health, and New York–based Sword Health.

Desjardins will offer coverage for OncoHelix’s advanced biomarker testing, which helps identify tumour mutations and guide targeted therapies. Product Director Dr. Neda Nasseri says the goal is to meet members’ physical, emotional, and financial needs while improving early detection. Founded in 1900, Desjardins remains North America’s largest cooperative financial group.

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

Top Down Ventures Defines Managed AI as New Asset Class

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Vancouver-based venture capital firm Top Down Ventures has released The State of MSP Capital in the Age of AI, a 67-page report prepared for its Top Down Horizons MSP Investor Summit. The study analyzes how artificial intelligence, governance, and capital efficiency are transforming the global managed services market, forecast to reach US$950 billion by 2030.

“AI is transforming providers from maintenance partners into intelligence partners,” said Managing Partner Joel Abramson. The report identifies a new “Next-Gen MSP” era driven by automation, operational intelligence, and data transparency. It positions Managed AI as a new asset class for investors.

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

Canadian Private Equity Hits $56.5B Record on Megadeal Boom

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Private equity investment in Canada has surged to record levels, with $56.5 billion deployed so far in 2025—nearly double the previous full-year record set in 2014, according to the Canadian Venture Capital & Private Equity Association. The third quarter alone saw $25.4 billion invested across 151 deals, compared to $3.6 billion a year earlier.

A wave of billion-dollar buyouts and other megadeals accounted for 91 percent of all capital deployed. Analysts say the rebound reflects pent-up demand following two slow years amid rising interest rates. Venture capital also saw larger transactions, with nine VC megadeals recorded in the third quarter.

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

Study Finds Young Canadians Most Vulnerable to iGaming Harm

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A new report warns that online gambling is driving a sharp rise in addiction risk among young Canadians. The study, based on nearly 8,000 survey responses, found that 41 per cent of online gamblers met the criteria for problem gambling—compared with less than one per cent of lottery players.

Nearly one in five reported serious financial, emotional, or relationship harm. Among adults aged 18 to 29, one-third said they gamble online, and nearly 70 per cent of them met problem-gambling thresholds. Researchers link the trend to expanded access following legalized single-event sports betting and rising exposure to iGaming advertising.

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

Intel Study Shows Canadian Firms Racing Toward AI Computing

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Canada’s persistent productivity problem may have found a turning point as a new Intel-commissioned study shows businesses rapidly shifting toward AI-powered computing. Of 150 surveyed Canadian decision-makers, 85 percent are upgrading or planning to upgrade to AI PCs, while 3 percent already rely on them exclusively.

Respondents overwhelmingly expect output gains, citing performance, operational efficiency, and cost savings. But barriers remain, including upfront expenses, security concerns, and a significant AI skills gap. With Windows 10 support ending, analysts say modernization is unavoidable. Researchers believe AI PCs could help close Canada’s long-standing productivity gap and reshape digital-era workplace performance.

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

Vistara Growth Raises US$450M Fund to Back Tech Firms

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Vancouver-based Vistara Growth has closed its fifth structured-capital fund at US$450 million (C$700 million), marking a decade of flexible financing for technology companies across North America. The new fund, a 66% increase from Fund IV, reflects investor confidence in non-dilutive growth capital.

Founded by Randy Garg, Vistara bridges the gap between bank debt and venture equity, offering tailored debt and convertible financing for B2B software and tech-enabled service firms. Fund V has already backed eight companies, including Clariti Cloud and Kore.ai. Since inception, Vistara has made 42 investments and 23 exits—all without a single loss.

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CoLab Raises $72M USD to Lead AI-Driven Engineering Revolution

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St. John’s-based CoLab has secured $72 million USD in Series C funding led by Intrepid Growth Partners, reaffirming its leadership in artificial intelligence for engineering collaboration. Existing investors Insight Partners, Y Combinator, Pelorus VC, Killick Capital, and Spider Capital also participated, with Insight increasing its position.

CoLab’s EngineeringOS platform is used by Ford, Lockheed Martin, and Schneider Electric to streamline design reviews and improve decision-making. Since unveiling its AI peer-checker AutoReview in June, the company has added over 47,000 engineers to its waitlist and is on pace to triple revenue in 2025.

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Clio Completes US$1B vLex Acquisition, Hits US$5B Valuation

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Vancouver’s Clio has finalized its US$1 billion acquisition of vLex, marking one of the largest transactions in legal technology history. The deal coincides with Clio’s US$500 million Series G round led by NEA, valuing the company at US$5 billion, alongside a US$350 million debt facility.

Together, they establish Clio as an AI-first leader uniting legal business and practice through its new Intelligent Legal Work Platform, integrating vLex’s global data and Vincent AI. “This is a defining moment for Clio and the legal industry,” said CEO Jack Newton. The milestone expands Clio’s reach into enterprise legal services worldwide.

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

Canadian Science at the Heart of Nike’s Comeback

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Nike’s latest sneaker innovation has roots in Canada. The concept behind its new performance shoe line began over 20 years ago at the University of Calgary, where researcher Matthew Nurse studied how foot sensations influence athletic movement.

Now leading the Nike Sport Research Lab, Nurse and a team of Canadian scientists are driving the company’s renewed focus on innovation under returning CEO Elliott Hill. After years of slowing growth, Nike is betting on research-led design to reclaim its market dominance. Recent launches—from AI-informed sneakers to calming footwear—mark a science-fueled reset for the sportswear giant.

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