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Zuva closes $20 million CAD Series A round, launches AI document solution (BETAKIT)
Zuva is a spin-out from Kira Systems. A global legal technology firm, Litera, acquired Kira Systems for an undisclosed amount in August.
Free Virtual Event – Big Data and AI Toronto
Since 2016, Big Data and AI Toronto has been providing a unique platform for data and analytics professionals to explore and discuss the latest innovations and technologies.
This year’s conference and expo, held virtually on October 13-14, will provide you with a 360° view of the industry: AI, big data, cloud, and cybersecurity.
– 45+ hours of free content
– 3 public stages + 6 free conference sessions
– 100+ speakers from the likes of Facebook, Netflix, Telus, Cineplex, Neuralink, EY
– 20 leading solution providers such as Dataiku, IBM, SAS, Talend
Startup Andela bets on helping companies hire far-flung IT staff (WALL STREET JOURNAL)
Andela, which raised $200 million in round led by SoftBank, uses AI to help employers look beyond Silicon Valley to places including Africa and Latin America.
Samdesk secures $13.5 million to fuel expansion of crisis detection and monitoring platform (BETAKIT)
Calgary’s Adventure Capital, which led Samdesk’s $3.6 million seed round in 2020, also participated in the round, alongside several other undisclosed existing shareholders.
Gatik reveals Goodyear as strategic investor, announces partnership deal (BETAKIT)
Gatik announced on September 28 that the partnership is part of a strategic investment from Goodyear’s venture capital arm, Goodyear Ventures. The firm participated in Gatik’s recent Series B round where the startup secured $107 million CAD.
4 ways Google’s newest AI breakthrough will improve your search results (FAST COMPANY)
After unveiling its “MUM” algorithm in May, Google is showing off ways it will tie together related text, images, and video to make searching easier.
Alberta Innovates to fund four new tech accelerators through Scaleup GAP program (BETAKIT)
Alchemist, a public-private consortium based in Edmonton, partnered with Alchemist Accelerator to provide services to ventures using artificial intelligence in the social sector in Edmonton.
DeepMind’s AI predicts almost exactly when and where it’s going to rain (MIT TECHNOLOGY REVIEW)
The firm worked with UK weather forecasters to create a model that was better at making short term predictions than existing systems.
Radical Ventures expands leadership team, adds partner in San Francisco (BETAKIT)
Radical Ventures’ recent investments include Untether AI, Waabi, and Cohere.
Urbx moves to dismiss Attabotics’ patent infringement claim (BETAKIT)
Boston startup Urbx has filed a motion to dismiss Attabotics’ patent infringement lawsuit, arguing the claims laid out in the Calgary-based robotics supply chain firm’s suit lack merit.
Google and DeepMind face lawsuit over deal with Britain’s National Health Service (CNBC)
DeepMind found itself in the spotlight in 2016 when the New Scientist reported that its collaboration with the U.K.’s National Health Service went beyond what was publicly announced.
Following Series A raise, Medchart adds VP of product design to support product development, expansion (BETAKIT)
“When you look at [Medchart’s] mission, when we think about being able to essentially impact lives, save lives, build a business that helps entrepreneurs build their business, it’s just super exciting,” Callahan told BetaKit.
Can AI prevent gambling addiction? DraftKings target Entain thinks so (FORTUNE)
Entain hopes that by proving it cares about deterring problem gambling, the industry can avoid regulation that might crimp its growth.