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Canadian Tech in 100 Words

Entropy Acquires Carbon Hubs in $35M Deal

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Entropy, a Calgary-based subsidiary of Advantage Energy, will expand its carbon capture and storage operations through a $35 million acquisition of three Western Canadian carbon hubs. The definitive agreement includes Belle Plaine and North Battleford hubs in Saskatchewan and a 50% stake in Alberta’s Rolling Hills hub.

    The $20 million cash transaction includes $15 million in milestone payments and is expected to close in July. TD Securities advised the unnamed seller. Funding is via Entropy’s $500 million backing from Brookfield and the Canada Growth Fund. CEO Sanjay Bishnoi called it a milestone in commercial CCS growth.

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

    Alexi Debuts Private AI Cloud for Law Firms

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    Toronto-based legaltech startup Alexi has launched Alexi Private Cloud, a fully-isolated AI deployment for law firms seeking tighter control over data and infrastructure.

    The platform enables legal teams to run Alexi’s AI tools within their own secure environment—supporting custom workflows, full IP ownership, and enterprise-grade compliance. “A law firm’s proprietary AI is now a critical source of competitive advantage,” said Alexi CEO Mark Doble. The new product is available in all U.S. and Canadian jurisdictions and supports scalable rollout across entire firms.

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

    Branded Call Display Aims to Restore Trust in Phone Calls

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    TELUS and TransUnion have launched Branded Call Display in Canada, a new service that allows participating businesses to show their name, logo, and call reason on recipients’ mobile phones. Aimed at reducing fraud and improving call engagement, the service authenticates calls in real time, helping Canadians distinguish legitimate communication from spoofed numbers.

    A recent TransUnion survey found 70% of Canadians are more likely to answer verified calls. TELUS says the initiative builds on efforts to modernize voice communications, including previous work with STIR/SHAKEN protocols to fight robocalls and scams.

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

    Canadian Farm Tech Brings Hope to War-Stricken Moldova

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    A Canadian-designed hydroponic farm is now operating in Rîșcova, Moldova, providing fresh produce to refugees and local families year-round. Developed by Just Vertical and GlobalMedic, the initiative marks the first use of indoor farming for humanitarian aid in the region.

    Moldova, burdened by harsh winters and war-related supply disruptions, struggles with food security—an issue intensified by over 127,000 Ukrainian refugees. The farm grows over 1,000 plants at once, producing culturally relevant crops without relying on soil or stable weather. A documentary on the project, “Moldova Feeds,” recently won Best Short Documentary at the 2025 Niagara Canada International Film Festival.

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

    KPMG: Low AI Literacy Holding Canada Back

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    Canada ranks near the bottom globally in AI literacy and trust, according to new research from KPMG and the University of Melbourne. Among 47 countries studied, Canada ranked 44th for AI literacy and 42nd for trust. Only 24% of Canadians have received AI training, and just 34% trust information from AI systems.

    Despite low exposure to harms, concern remains high—especially around cybersecurity and privacy. Experts warn Canada risks falling behind economically unless education, regulation, and adoption improve. Stronger governance and more public-private collaboration could build the trust needed to unlock AI’s economic potential.

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

    Conquest Planning Raises $100M to Scale Financial AI

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    Winnipeg-based Conquest Planning has raised $100 million in Series B funding to expand its AI-driven financial planning platform. Led by Goldman Sachs Alternatives, the round includes new investors Canapi Ventures, BDC Capital, Citi Ventures, TIAA Ventures, and USAA, with continued support from BNY and Portage.

    Conquest’s Strategic Advice Manager (SAM) uses AI to deliver personalized, real-time financial recommendations. Already adopted by over 1,000 institutions—including RBC and Manulife—Conquest supports 60% of Canadian advisors and is expanding in the U.S. and U.K. The firm also unveiled SAM Bytes to support individuals not yet working with advisors.

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

    Canada’s Innovation Engine Leaves Builders Behind

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    Despite catalyzing nearly $100 billion in value, Canadian innovation programs like Velocity and CDL leave key contributors—ecosystem staff and operators—without equity or upside. While founders and institutions benefit, the people enabling startup success often remain underpaid and structurally excluded.

    In contrast, U.S. models like Y Combinator reward early-stage supporters, fostering a sustainable loop of reinvestment. Builders Club is proposing a new Canadian model with aligned incentives, peer-led support, and community-owned upside. Without such changes, Canada risks losing talent, reinvestment, and the next generation of high-growth ventures to systems designed to reward value creation.

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

    League Eyes $100M Raise After Scaling to 58M Users

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    Toronto-based League is preparing to raise $100 million USD in growth financing after scaling its digital health platform to 58 million users. The 11-year-old startup, founded by serial entrepreneur Mike Serbinis, has pivoted twice to reach its current model—providing white-labeled platforms for insurers and governments.

    Clients include Manulife, Telus, Quest Diagnostics, and Medibank. League’s recurring revenue has grown 42% year-over-year, with break-even targeted for 2026. With $225 million raised to date, Serbinis says the company is now in a strong position as market sentiment stabilizes. Expansion continues across the U.S., U.K., Middle East, and Australia.

    Want to know more? Check out the source code on The Globe and Mail.

    Botpress Raises $25M to Scale Agentic AI Platform

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    Montréal-based Botpress has raised $25 million USD in Series B financing to scale its AI agent platform as demand for agentic AI grows. Led by Framework Venture Partners, the round included Deloitte Ventures, HubSpot Ventures, Inovia Capital, and Decibel Partners. Botpress offers an “infrastructure layer” for deploying AI agents safely and at scale.

    CEO Sylvain Perron said the funding will double the team, expand European operations, and add voice features. With nearly one million users and 3,000 paying customers, the platform serves industries from fintech to agriculture. Botpress aims to bridge LLM technology with real-world business applications.

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

    Rogers Closes $7B Deal with Blackstone and Pension Giants

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    Rogers Communications has closed a $7 billion equity investment led by Blackstone and backed by Canada’s top institutional investors, including CPP Investments, CDPQ, PSP Investments, BCI, and IMCO. The transaction gives Blackstone a non-controlling stake in a Rogers subsidiary holding part of its wireless backhaul infrastructure.

    Rogers retains full operational control, and the unit’s financials will remain consolidated. CEO Tony Staffieri said the deal reflects investor confidence and supports Rogers’ strategy to unlock asset value and reduce debt. The deal highlights growing institutional interest in telecom infrastructure as a long-term investment class.

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