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McRock Capital leads $57 million USD round for California’s Landing AI, created by former Google Brain lead (BETAKIT)
The financing closed in mid-October, and part of the funding includes a convertible note, the value of which is not being disclosed.
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This 26-year-old Canadian CEO is taking his autonomous truck company public in US$5B deal (BNN BLOOMBERG)
Rodrigues believes much of the supply chain conundrums and labour shortages in the sector, that have only grown more dire during the pandemic, will be alleviated with self-driving trucks.
In an interview with BetaKit, Enso Connect’s co-founder and CEO Francois Gouelo said the startup plans to use the fresh funding to add more integrations and support the rollout of a new customer relationship management (CRM) component.
The oversubscribed Series B stands out for its lengthy list of backers and notably that the lead investor is not listed and not being disclosed.
Cybersecurity leaders from Microsoft Canada, GitHub, and Ammolite Analytx join a recent BetaKit Live panel to discuss what’s causing the disconnect between developers and security.
These Toronto entrepreneurs accidentally helped Facebook’s rebrand to Meta (THE GLOBE AND MAIL)
When Facebook Inc. began rebranding itself as Meta Platforms Inc. last month in a bid to build a market for immersive online worlds, the company had some Toronto entrepreneurs to thank for a smooth transition.
Québec City-based artificial intelligence-powered retail tech startup Coveo has joined a growing list of Canadian tech companies that have filed to go public on the Toronto Stock Exchange (TSX).
Meanwhile, citing “adverse and challenging” market conditions, Montréal-based ad exchange Sharethrough has postponed its TSX IPO plans.
The defence startup will use AI to build live battlefield maps in ‘ethical, responsible and transparent’ way.
Following its latest funding round, Sama’s focus is on building out its R&D efforts in Montréal, where it aims to invest $100 million USD over the next three years.
Two leaders from NYU’s AI Now Institute recently joined the Biden administration and have already laid the groundwork for what government AI policy could look like.
Robots vs. fatbergs: High-tech approaches to America’s sewer problem (WALL STREET JOURNAL)
Cash-strapped U.S. cities are turning to drones, artificial intelligence and other innovations to help inspect and fix the country’s aging underground arteries of waste.
Rebranded Shakudo secures $4.2 million CAD to help data science teams get AI solutions to market (BETAKIT)
In an interview with BetaKit, Shakudo co-founder and CEO Yevgeniy Vahlis said, long-term, Shakudo wants to become “the platform for emerging tech teams.”