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.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
Startupfest shares full schedule for 2024 tech festival
Speakers include leaders from Shopify, Paper, BDC, Disco, Brightspark, BetaKit, and more.
US court overturns $40-million USD patent infringement verdict against Shopify
Shopify calls the judgment “a significant victory in the battle against patent trolls.”
Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.
Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups
Conexus Credit Union reaffirms commitment to local VC with another $15-million.
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.