Decoder.ca

Canadian Tech in 100 Words

Xaba Raises $6M to Advance AI for Industrial Robots

by

Toronto-based Xaba has secured $8 million in seed extension financing to advance its AI-driven control systems for industrial robots. The round was led by Hitachi Ventures, with participation from Hazelview Ventures, BDC Capital, Exposition Ventures, and Impact Venture Capital.

Xaba’s software, xCognition and PLCfy, enables natural language commands and self-awareness in robots, enhancing efficiency in tasks like welding, casting, and 3D printing. CEO Massimiliano Moruzzi says the system gives robots “synthetic brains.” With clients in North America and Europe, Xaba aims to boost Canadian manufacturing by reshoring production and bridging the skilled labour gap in industrial automation.

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

Toronto Tech Week Unveils Star-Packed Speaker Lineup

by

Toronto Tech Week has unveiled its inaugural program and headline speakers, with over 100 events planned from June 23–27. The marquee event, Homecoming, will feature Chamath Palihapitiya (Social Capital), Sanja Fidler (NVIDIA), and Shopify’s Tobi Lütke and Harley Finkelstein, alongside Waabi’s Raquel Urtasun and Cohere’s Aidan Gomez.

Held at Evergreen Brickworks on June 24, Homecoming celebrates Canada’s rising global tech profile. Nearly 50% of events will be publicly accessible across 19 neighbourhoods. With support from Shopify, Google Cloud, and the City of Toronto, the week aims to spotlight innovation and community building in Canada’s tech capital.

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

Made-in-Canada ALTA Platform Targets Hospital Workflow Pain

by

Toronto-based Able Innovations is piloting its automated patient transfer device, the ALTA Platform®, at five major Canadian hospitals from Halifax to Vancouver. Designed to reduce strain on frontline healthcare workers, the ALTA replaces manual transfers, which often require up to eight staff and contribute to $20B in healthcare costs.

CEO Jayiesh Singh said the technology, developed with support from FedDev Ontario, NRC-IRAP, and others, aims to restore dignity to patients and reduce caregiver injury. Evaluations at Bruyère Health and St. Joseph’s Health Care London are supported by organizations including CABHI, CAN Health Network, AGE-WELL, and OBIO.

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

Vancouver’s CO280 Strikes Landmark CDR Deal with Microsoft

by

Vancouver-based CO280 has announced a landmark agreement with Microsoft for one of the largest engineered carbon dioxide removal (CDR) purchases to date. Under the deal, Microsoft will buy 3.685 million tonnes of CDR over 12 years from a U.S. pulp and paper mill project. CO280 will retrofit the mill to capture biogenic CO2 emissions for permanent geological storage using SLB Capturi technology.

CEO Jonathan Rhone called the deal a milestone for CO280 and the broader CDR market. The company, backed by B.C.’s Centre for Innovation and Clean Energy, is currently developing over 10 projects across North America.

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

Corinex Secures $42M to Modernize Power Grids

by

Vancouver-based Corinex has raised $42 million to scale its broadband-over-power-line (BPL) technology, which enables real-time visibility and flexibility in low-voltage electricity grids. Led by U.K.’s Energy Growth Momentum, with participation from Suma Capital and Adara Ventures, the funding supports Corinex’s mission to modernize grid infrastructure for decentralized low-carbon technologies.

Deployed in Germany, Spain, and the U.K., Corinex’s systems provide edge computing and dynamic load balancing. CEO Peter Sobotka said the investment will help utilities scale without costly overhauls. The company is emerging as a key player in the global shift to digital, sustainable, and AI-ready energy networks.

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

150 CEOs Call for Innovation Strategy Amid Uncertainty

by

Today, 150 CEOs and tech leaders signed an open letter calling for a national economic strategy to secure Canada’s future amid global uncertainty. Spearheaded by the Council of Canadian Innovators, the letter warns that Canada can no longer rely on U.S. market access and urges bold industrial planning.

CCI President Benjamin Bergen said current political discourse lacks serious economic vision. CCI has issued policy recommendations in its What Innovators Need to Scale brief and hopes party leaders will outline a roadmap ahead of next week’s election debate.

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

TELUS Details $150M Data Transformation with Google Cloud

by

At Google Cloud Next 25, TELUS shared how a sweeping data overhaul helped the telecom giant become an AI-driven enterprise. Head of Enterprise Data Engineering Stephen Lee described migrating from legacy on-prem systems to a unified cloud platform on Google BigQuery.

The transformation, supported by Accenture and Onix, enables self-serve analytics and generative AI across business lines. TELUS eliminated 30% of outdated data and now ingests from over 100 internal systems. The initiative contributed $150M in EBITDA gains and powers cross-unit innovation, including a new MDM initiative. “People, process, and technology—that’s what it takes,” said Lee.

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

Google Cloud’s Canada Strategy Built on Focus, Not Scale

by

At Google Cloud Next 25, Farsad Nasseri, Managing Director of Google Cloud Canada, reflected on the company’s success in Canada, attributing it to a focused, partnership-driven approach. Rather than scale rapidly, Google Cloud partnered early with anchor clients like Shopify, TELUS, and Scotiabank to develop tailored, regulated solutions.

Canadian demand for AI in telecom and finance is rising, with use cases in fraud detection and service automation. With new infrastructure in two regions and support for local data sovereignty, Nasseri sees continued growth ahead. “We’re just getting started,” he said.

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

Calgary’s PrePad Raises $3.9M to Expand Drilling Tech

by

Calgary-based PrePad has raised $3.9 million in seed funding to advance its cloud-based software for drilling and completions. The funding, led by Devon Energy with support from Chevron Technology Ventures, BDC, and Alberta Innovates, will support U.S. expansion and product development. PrePad’s platform helps energy firms optimize well economics by simulating cost, time, and production trade-offs.

CEO Sean Hervo called the round a “major milestone,” positioning PrePad as a leader in drilling software innovation. Clients already include Chevron, Shell, and Birchcliff. With additional subscriptions launching in 2025, the company aims to dominate a newly defined software category.

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

Agentic AI Gains Ground in Canadian Businesses

by

A new KPMG survey reveals growing interest in agentic AI among Canadian business leaders. While only 27% have deployed it, 86% consider it a top investment priority, with 57% planning adoption in six months. Agentic AI uses language models to perform tasks autonomously—handling refunds, customer inquiries, and compliance without human input.

KPMG’s Stephanie Terrill calls it “the most transformative AI” yet. Despite optimism, 55% say their workforce isn’t ready, and 89% foresee major upskilling needs. Cost, data quality, and cybersecurity remain key concerns. Still, 88% believe agentic AI will sharpen competitiveness.

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