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Canada’s vision for space is to become a “leader in exploration, science, and innovation and deliver the socio-economic benefits to all Canadians,” states the strategy.
The funding was led by Canvas Ventures.
Miovision, based in Kitchener, creates solutions designed to improve the mobility and liveability of cities as they become more congested.
The funding comes from Recruit Holdings and Romulus Capital, with participation from I2BF Global Ventures, EG Capital, and Brainchild Holdings.
“Artificial intelligence gives government an invaluable opportunity to improve services to Canadians,” said MP for Markham-Stouffville Jane Philpott (just hours before she abruptly resigned her cabinet position as Treasury Board president).
HealthJoy, which wants to help with a health benefits platform that uses AI to answer questions, raised the funding from U.S. Venture Partners and others.
With the investment, Cisco plans to expand its team in Calgary and Vancouver with a focus on the creation of jobs in artificial intelligence.
In spite of tensions with the US and its allies, Huawei is rapidly building a suite of AI offerings unmatched by any other company on the planet.
Companies want to take advantage of the AI hype.
The round was led by Point72 Ventures, with participation from Sands Capital Ventures, Amadeus Capital Partners, Passion Capital, and Entrepreneur First.