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Calgary’s PurposeMed Raises New Capital for U.S. Expansion

March 4, 2025 by Newsdesk

Calgary-based PurposeMed has secured growth investment led by True North Fund, with backing from BDC and Panache Ventures, to expand its digital healthcare services. Ranked Canada’s second-fastest-growing tech company, PurposeMed provides telehealth solutions for underserved communities through its platforms Freddie, Frida, and Foria.

Its work in HIV prevention, gender-affirming care, and behavioral health has led to $200 million in annual healthcare savings. CEO Dr. Husein Moloo says the funding will scale operations as the company enters the U.S. market. True North Fund calls PurposeMed a leader in reimagining care delivery.

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

Vancouver Fintech Unveils API GPT Assistant for Developers

March 4, 2025 by Newsdesk

Vancouver-based VoPay has launched API GPT Assistant, an AI-driven tool designed to streamline payment solution integration for developers and product teams. Built on GPT technology, the assistant enables coding support, real-time troubleshooting, and API call generation across multiple programming languages, including Python, JavaScript, C#, and PHP.

It also assists in building front-end financial UI components, such as payment forms and compliance dashboards. CEO Hamed Arbabi highlighted its role in reducing fintech integration friction, while VP Faizal Karim called it a 24/7 expert for developers, ensuring faster and more accurate deployments.

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

Firefly’s Moon Mission Succeeds, Carrying Canadian Tech

March 3, 2025 by Newsdesk

A NASA-funded private moon mission carrying Canadian technology has successfully landed. The Blue Ghost lander, built by U.S.-based Firefly Aerospace, touched down over the weekend, marking one of the most successful private lunar missions to date.

Aboard were Quebec’s NGC Aerospace, whose software maps lunar craters for navigation, and Ontario’s Integrity Testing Laboratory, which contributed to a moon dust experiment. Unlike past failed or damaged private landings, Blue Ghost arrived intact after a 46-day journey. The lander is expected to operate for two weeks, until lunar night halts its mission.

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

Manitoba Innovates Launches to Boost Startup Growth

March 3, 2025 by Newsdesk

Manitoba’s startup ecosystem is evolving with the launch of Manitoba Innovates, a new organization merging Manitoba Technology Accelerator (MTA) and Tech Manitoba. Announced at MbTech Week’s Ignition event, it aims to streamline resources, foster innovation, and boost economic growth.

Backed by North Forge, the initiative will connect startups with funding, industry networks, and strategic support. MTA CEO Paul Card hinted at a new funding program for early-stage startups, while Tech Manitoba’s Kelly Fournel emphasized the collaborative mission. Manitoba Innovates seeks to position the province as a key hub for entrepreneurship and innovation.

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

Merchkit Secures $2M to Expand AI-Powered Merchandising Tech

March 3, 2025 by Newsdesk

Merchkit, a Canadian AI-powered merchandising platform, has secured $2 million in pre-seed funding to enhance automation for retailers, marketplaces, and brands. The round, led by San Francisco’s Afore Capital, included Antler Canada and angel investors.

Founded in 2022, Merchkit’s AI scans the web to extract product data and automates catalog standardization, boosting efficiency by up to 90%. The platform integrates with Shopify, WooCommerce, and Salesforce Commerce Cloud. CEO Bijan Vaez, a serial entrepreneur, said the funding will support product development and hiring, with engineering roles now open.

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

NHL Debuts Apple Watch for Referees at Stadium Series

February 28, 2025 by Newsdesk

The NHL will debut a new Apple Watch-based officiating tool at the 2025 Stadium Series this weekend, enhancing game management and safety. Developed with Presidio, the NHL Watch Comms App provides haptic notifications for key moments, such as penalty expirations and period countdowns, ensuring officials stay aware without disrupting play.

The system, which has been field-tested since last season, aims to reduce on-ice collisions and improve decision-making efficiency. With 92.5% of NHL officials voluntarily adopting the tech, the league sees this innovation as a major step forward in officiating accuracy.

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

AI-Powered Mining? VRIFY’s DORA Platform Gets $12.5M Boost

February 28, 2025 by Newsdesk

Vancouver-based VRIFY has raised $12.5 million in Series B funding to accelerate the growth of DORA, its AI-assisted mineral discovery platform. The round, led by New York’s LGVP, with backing from RCF Innovation and Beedie Capital, brings total funding to over $30 million.

DORA, set to debut at PDAC 2025 in Toronto, uses deep-learning models to improve mineral exploration efficiency. Since beta testing, 26 companies have partnered with VRIFY, including Southern Cross Gold, where DORA helped identify a high-grade gold deposit. The funding will expand DORA’s AI capabilities and market reach.

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

Microsoft to Retire Skype on May 5 After 23 Years

February 28, 2025 by Newsdesk

Microsoft will retire Skype on May 5, ending the 23-year-old platform’s run in favor of Teams. The move follows Skype’s declining user base, from a peak of 300 million users to just 36 million daily users in 2023. Microsoft will allow chat and contact migration to Teams or data exports until year-end, after which accounts will be deleted.

Skype’s telephony services will be discontinued, though Microsoft will support remaining credit use indefinitely. Teams Free, Microsoft’s alternative, offers new integrations but lacks Skype’s phone-call functionality. This marks the end of an era in digital communication.

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

Shopify’s SEC Filings Suggest Possible U.S. Move

February 28, 2025 by Newsdesk

Shopify’s latest SEC filings suggest Canada’s largest tech firm may be moving toward U.S. domiciliation, TD Securities analyst Peter Haynes warns. Shopify listed its New York office alongside Ottawa headquarters in a 10-K filing, a form used by U.S. domestic issuers.

The company also added a U.S. Employer Identification Number and reclassified assets, shifting its balance from 86% Canadian to 78% U.S.-based. The move positions Shopify for inclusion in the Russell 1000 Index, potentially boosting U.S. share demand. The company remains silent on redomiciling but has faced recent DEI rollbacks and controversy over content policies.

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

Report Warns Canada Needs More Tech and Talent Investment

February 28, 2025 by Newsdesk

A new BDO Canada report warns that Canada is falling behind the U.S. in productivity, despite its skilled workforce and strong institutions. The study finds that it takes a Canadian worker 1.4 times more effort to generate the same economic value as an American counterpart.

Limited tech investment—only 25% of GDP versus 37% in the U.S.—and a tech talent shortage are key barriers. The report urges businesses to adopt AI and cloud computing while upskilling workers to close the gap. Without bold action, experts warn Canada risks losing talent and global competitiveness.

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

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