#Toronto startups

Coverage of Toronto startups on Venture Herald highlights the city’s role as a major North American hub for founders, investors, and emerging technology companies. The archive brings together reporting on startups, venture capital, and AI activity connected to Toronto’s innovation ecosystem.

Daedal raises $4.035M to standardize fusion diagnostics

Daedal Systems raised $4.035 million from OMERS Ventures and others to build standardized plasma measurement systems for fusion developers.

Oct 8, 2026 · 4 min