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Canadian Tech in 100 Words

eStruxture Secures $1.35B to Expand Canadian Data Centres

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Montreal-based eStruxture Data Centers has raised $1.35 billion in new financing to accelerate expansion across Canada. The package includes $750 million in asset-backed securities—the country’s first rated, asset-only securitization in the data centre sector—plus a $600 million revolving credit facility.

Backed by Fengate Asset Management and institutional investors including LiUNA, Pantheon, and Partners Group, the deal supports rising demand from AI, cloud computing, and data sovereignty needs. CEO Todd Coleman called the move “a watershed moment” for Canadian digital infrastructure, with ABS notes issued under eStruxture’s new Green Finance Framework.

Want to know more? Check out the source code of GlobeNewswire.

Attabotics Rejected Buyout Before Collapse, Documents Show

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Calgary’s Attabotics, now in creditor protection, received a US$350-million all-cash acquisition offer from Honeywell in 2020, according to documents obtained by The Logic. The robotics firm, once a rising tech star backed by $200 million in funding and taxpayer support, laid off 192 workers on July 2.

Its vertical robotic warehousing system drew major clients like Nordstrom and Canadian Tire. Though Honeywell remained an investor, its takeover bid was never finalized. Attabotics’ assets are now valued at $31.6 million—against $73.8 million in liabilities. The reason the 2020 deal fell through remains undisclosed.

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

Canada Launches National Mission to the Moon

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The Canadian Space Agency has awarded $14.6 million in contracts to three Canadian companies to develop a fully Canadian lunar rover. MDA Space, Mission Control, and Canadensys Aerospace will explore design options for the versatile, AI-powered rover, which is expected to support astronauts, carry cargo, and perform logistics on the moon.

The rover must function autonomously for 10 years and survive extreme lunar conditions. Backed by $1.43 billion in federal funding, the project is part of Canada’s long-term lunar strategy and aligns with NASA’s Artemis ambitions.

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

Yaletown Closes $100M for Next-Gen Tech Fund

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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

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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

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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

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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

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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

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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

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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.