“The reality check is happening now”: AI leaders on the state of the market at Collision
Experts at Collision 2024 weighed in on the AI hype cycle, enterprise adoption, and doomsday scenarios.
Everyone at Collision is talking about Web Summit Vancouver
Feds, province, City of Vancouver pledge up to $14.8 million over three years to Collision’s successor.
Waabi fuels up to launch fully driverless trucks in 2025 with $275-million CAD Series B
Uber and Khosla double down as Nvidia, Porsche, IKEA join Toronto AV startup’s cap table.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Vancouver will host rebranded Collision in 2025 and beyond
With Toronto deal set to expire, the West Coast emerges as next locale for the rebranded Web Summit Vancouver.
Float launches bill payments and personal expense reimbursement products
FinTech startup aims to help businesses pay bills and reimburse out-of-pocket expenses faster.
Inovia raises initial $300 million USD for CDPQ-led third growth equity fund
First close brings Inovia two-thirds of the way to its $450-million target.
Cohere launches program to help early-stage startups adopt AI and secures $450 million USD
Latest financing sees Cisco, PSP Investments join existing backers Nvidia, Salesforce.
After over a decade at Lightspeed, JP Chauvet aims to be “good sounding board” as Inovia’s newest executive-in-residence
In wide-ranging BetaKit interview, Chauvet takes stock of Lightspeed tenure, shares plan to help other entrepreneurs.
Mesosil secures $2.2 million to develop infection-fighting biomaterials for medical devices
GreenSky-backed University of Toronto spinout has set its initial sights on dentistry.
Acorn Biolabs announces $11-million CAD Series A to boost access to regenerative medicine via cell preservation
Biotech startup aims to unlock hair regrowth, skin rejuvenation, disease treatment by preserving cells.
Ginger Desk secures $1.5 million to power health and wellness front desks across North America with virtual assistants
After finding product-market fit, Ginger Desk aims to build the platform it needs to scale.
BCV leads second round in Relay, as SMB-focused FinTech closes $44-million CAD Series B
Startup targets profitability and $100-million USD run rate by end of 2025.
Fading 2023 VC performance underscores Canadian tech’s “vulnerability,” BDC reports
Down rounds rose from seven percent in 2022 to 31 percent last year.
Artemis closes $2 million CAD to improve data quality for analytics and AI
Indigenous-led Vancouver startup aims to automate data cleanup with AI agents.