The Financial Post reports in its Saturday edition that despite Canadian founders moving to the U.S. and a decline in venture capital, investors believe Canada's entrepreneurial spirit remains strong. The Post's Yvonne Lau writes that current challenges, including U.S. pressures, are prompting start-ups to tackle significant problems for the country.
Venture capital investments in Canadian start-ups fell 26 per cent to $2.9-billion in the first half of 2025, the lowest since 2020. However, investors are increasingly drawn to companies focused on nation-building and innovative approaches to improve daily life.
This includes companies using generative artificial intelligence to enhance productivity for lawyers, engineers and coders; those disrupting banking, logistics, and health care; and firms developing future technologies like quantum computing and clean tech.
Cohere has made its name creating large language models tailored to businesses, raising $600-million (U.S.) in 2025 and $1.64-billion (U.S.) to date from investors such as Radical Ventures Investments, Inovia Capital, Nvidia and AMD Ventures, the venture-capital arm of Advanced Micro Devices. It is one of Canada's most valuable start-ups at $7-billion (U.S.).
© 2026 Canjex Publishing Ltd. All rights reserved.