Nano One Materials has approximately C$20 million in government funding available to draw as it expands lithium iron phosphate operations in Quebec, the Canadian battery-materials company disclosed. The undrawn amount supplements C$19.3 million cash reported at 30 June. The company received C$12.3 million from government programmes during the first half of 2026. Funding comes from Natural Resources Canada, Next Generation Manufacturing Canada, the US Department of Defense, Quebec government, and NRC IRAP. The money supports eligible pre-commercial activities rather than functioning as unrestricted cash. Nano One is expanding its Candiac, Quebec facility from roughly 200 tonnes to approximately 800 tonnes annual capacity. Detailed engineering was 85 per cent complete by mid-July, with commissioning targeted for first half 2027. Major equipment orders were completed in March.

/CNW/ -- Investissement Québec and the Business Development Bank of Canada (BDC) have announced more than $5 millions in financing for Altex, a Quebec-based...

Walaw, a Montreal-based AI receptionist for health and wellness clinics, has raised C$1.5 million in pre-seed funding led by Telegraph Ventures. Fonds Impulsion, managed by Investissement Québec, Mistral Venture Partners, and strategic angel investors also participated. The startup's AI agents handle appointment scheduling, patient communications, and billing for over 70 clinics across Quebec, Ontario, Nova Scotia, and New Brunswick. Walaw reported Q2 2026 revenue growth of 56.6% quarter-over-quarter, more than doubling its full-year 2025 revenue. Customers typically see revenue increase by over 15% whilst reducing administrative workload by more than 30%. The funding will support expansion across Canada and investment in AI engineering and go-to-market teams. Walaw was also named one of Canada's Top 100 AI & Tech Startups by Scale AI and Mila.