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Daisy Intelligence wins $5 million pitch prize at Elevate(BETAKIT)
The ElevateR competition allowed 16 startups to pitch in front of judges.
SenseHawk, drone analytics for the solar industry, takes flight with $2M investment(TECHCRUNCH)
SenseHawk specializes in using data captured by drones to develop insight for projects within the solar industry.
Toronto-based Cluep acquired by Impact Group for $53 million CAD (BETAKIT)
Founded in 2012, Cluep is a mobile ad platform that targets people based on what they are sharing, how they are feeling, and where they have been.
Idx raises $33 million for AI diagnostic systems that detect eye disease and other conditions(VENTUREBEAT)
The funding was led by 8VC, with participation from Optum Ventures, Alpha Edison, and Heritage Provider Network.
Cybersecurity startup Darktrace raises $50 million and is now worth $1.65 billion(CNBC)
Darktrace, which uses artificial intelligence (AI) and machine-learning technology to detect and counter cyber threats, raised the funding from European private equity firm Vitruvian Partners and includes backing from existing investors KKR and TenEleven Ventures.
The Markup, a tech-focused investigative news site, raises $20 million from Craigslist founder (TECHCRUNCH)
The project was incubated with an investment from the Ethics and Governance of Artificial Intelligence Initiative.
Microsoft launches $40 million AI for Humanitarian Action initiative(VENTUREBEAT)
The initiative will focus on four specific areas: refugees and displaced people, the needs of children, disaster response, and human rights.
Startup CEOs on how to keep the artificial intelligence ball rolling in Canada(THEGLOBEANDMAIL)
The next time you pull out your smartphone and ask Siri or Google for advice, or chat with a bot online, take pride in knowing that some of the theoretical foundation for that technology was brought to life here in Canada.
Google is using AI to predict floods in India and warn users(THEVERGE)
The service is part of the global Google Public Alerts program.