Royal Bank of Canada, Borealis AI partner with Red Hat, NVIDIA on new AI computing platform
The Royal Bank of Canada (RBC) has developed its own cloud-based artificial intelligence (AI) computing platform upon which…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led…
Wattpad notifies users, shares new details of reported data breach
Toronto-based online entertainment startup Wattpad has notified its users that some of their data, such as email addresses,…
FedDev Ontario invests $4 million in women-led small businesses through RRRF
The Government of Canada has invested $4 million to support over 700 women-led small to medium-sized businesses in southern…
PPE manufacturer The Canadian Shield launches new surgical mask line
Kitchener-Waterloo-based personal protective equipment (PPE) manufacturer The Canadian Shield has begun producing disposable…
Propel appoints Kathryn Lockhart as CEO
New Brunswick-based online tech accelerator Propel ICT has named Kathryn Lockhart as its new CEO. Lockhart will join Propel…
Quebec RDA grants over $3 million to 14 projects for young entrepreneurs
The Government of Canada has invested more than $3.1 million CAD in 14 organizations and businesses across Quebec in an effort…
Vancouver’s Aquatic Informatics acquired by Danaher’s Water Quality Platform
Water data management and analytics startup Aquatic Informatics has been acquired by global science and tech conglomerate Danaher,…
Three Ottawa tech companies receive over $11 million from FedDev Ontario
Through FedDev Ontario, the Government of Canada has invested nearly $11.2 million CAD in a trio of Ottawa-based software firms:…
Calgary’s Orpyx raises $7.6 million Series A to commercialize, develop shoe-based diabetes tech
Orpyx Medical Technologies, whose smart remote monitoring tech helps prevent diabetic foot ulcers, has closed a $7.6 million…
BuyBack Booth secures $5.2 million in seed funding to bring smartphone diagnostic robot to market
Montreal’s BuyBack Booth, which provides artificial intelligence-based (AI) mobile phone evaluations at point-of-trade,…
Swyft raises $3 million CAD to expand same-day delivery software
Toronto-based digital logistics startup Swyft, which connects merchants to existing courier networks, has closed a $3 million…
Montreal’s new international AI research hub opens, announces board of directors
The new Montreal-based international research hub, which will focus on responsible artificial intelligence (AI) and data governance,…
Ontario court approves Facedrive’s acquisition of Foodora Canada assets
Toronto-based ride-sharing startup Facedrive has gained court approval to acquire restaurant and customer data from food delivery…
Calgary’s SensorUp closes $6 million Series A to strengthen location intelligence platform
Alberta-based SaaS startup SensorUp raised $6 million in a Series A financing round led by Evok Innovations. SensorUp intends…