Element AI receives $5 million loan from Canadian government
The Canadian government is providing funding to six Montreal AI companies, including $5 million in a repayable contribution…
Box hires country VP for Canada
Former Salesforce VP Adam Drew has joined Box as country VP of Canada. Before Box, Drew ran enterprise sales for central Canada…
Ontario Auditor General highlights several concerns regarding Waterfront Toronto’s handling of Quayside
The Ontario Auditor General’s report for 2018 laid out several concerns for Sidewalk Labs’ planned Quayside development…
Cambridge-based BIOS raises $6 million, opens Montreal office
Neural engineering startup BIOS has raised $6 million CAD ($4.5 million USD) with a mix of investors from the UK, Canada, and…
SnapTravel raises $28 million CAD Series A from Steph Curry, Telstra Ventures
Toronto-based SnapTravel has raised $28 million CAD ($21 million USD), adding $17 million CAD ($13.2 million USD) in new investments…
Great-West Life expands Dialogue healthcare platform across Canada
Great-West Life has expanded Dialogue’s virtual employee healthcare platform across Canada. The insurance giant began…
Chainvu raises $2.6 million CAD to help the logistics industry track shipments in real-time
Mississauga-based Chainvu, which targets the logistics industry with continuous, live monitoring of location, integrity, safety,…
Canadian government launches regional economic development program
The Canadian government has announced the launch of the Regional Economic Growth Through Innovation (REGI) program, which will…
Vector Institute adds five new faculty members
Toronto’s AI-focused Vector Institute has announced five new faculty members from across Canada. The new faculty brings…
Communitech announces new Fierce Founders and Edge accelerator cohorts
Communitech has announced the latest startups to join its two accelerators. The Fierce Founders accelerator includes a six-month…
Borealis AI opens R&D lab at evolv1 in Waterloo
In Waterloo, evolv1—a 100,000 zero-carbon office space—officially opened its doors, becoming home to several tech firms…
Endy to be acquired by Sleep Country Canada for $89 million
Toronto-based mattress company Endy is being acquired by Sleep Country Canada for $89 million. The deal is comprised of $63.7…
Ratehub acquires MoneySense
Toronto-based Ratehub has acquired personal finance magazine MoneySense. The deal is expected to close on December 1, 2018,…
Blue J Legal raises $9.3 million CAD to expand legal platform to the US
Toronto-based Blue J Legal has raised $9.3 million CAD in a series A round. The round was led by Relay Ventures, with participation…
ModiFace launches first app after L’Oreal acquisition
Beauty AR company ModiFace has launched a Virtual Nail Salon app for iPhone, enabling photo-realistic augmented reality simulation…