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Site title: Design Engineering - Canada’s Definitive Information Source For Engineers, Product Designers And OEMs

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Jan. 30, 2026, San Francisco, Calif. And Munich, Germany — Physical AI-driven robotics company RobCo raised $100 million USD to advance their physical AI roadmap, expand enterprise deployments and deepen the company’s presence in the U.S. market.

The Series C is co-led by Lightspeed Venture Partners and Lingotto Innovation, alongside Sequoia Capital, G...


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Jan. 30, 2026, Canada — The federal government has signed an agreement with South Korea with the goal of bringing Korean auto manufacturing to Canada.

Industry Minister Mélanie Joly and her counterpart, Jung-Kwan Kim, signed the agreement focused on “economic prosperity and supply chain resilience.”

A news release from Joly’s departmen...


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Jan. 30, 2026, Canada — Statistics Canada says the economy stalled in November and early estimates suggest a decline in real gross domestic product for the final quarter of 2025.

Real GDP growth was flat in November, rebounding somewhat from a decline of 0.3 per cent in October, the agency said.

StatCan said drops in activity in goods-producing ...


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Jan. 28, 2026, Linköping, Sweden — IFS has announced a 23 per cent year-on-year ARR growth and increasing customer expansion in their financial results for the last fiscal year, ending on Dec. 31, 2025.

Cloud revenue experienced a reported increase of 30 per cent YoY, with recurring revenue representing 83 per cent of total revenue and a net retention ...


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Jan. 27, 2026, Montreal — AI-powered software and hardware platform provider Vention has announced it raised $110 million USD, or $150 million CAD, in financing, with participation from Investissement Québec, Desjardins Capital, certain funds managed by Fidelity Investments Canada ULC, NVentures (NVIDIA’s venture capital arm) and other financial institutions....


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