Cohere remains Canada’s AI hope
Plus: The bright spot in Québec’s gloomy VC landscape.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead.
Seed-stage rebound a bright spot in Québec’s gloomy VC landscape: report
Sixty percent of VC deals in the province were under $5 million in Q2, new data shows.
Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises
Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security.
Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment.
Pathway acquired by US telehealth firm Doximity for $63 million USD
Doximity now beta testing a product with Pathway’s AI-powered search technology and medical datasets.
Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch
Montréal-based startup targets niche market with odour-masking headgear.
Descartes continues US acquisitions as it navigates global trade upheaval
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD.
Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.
Trade war uncertainty drags on for Canadian tech as US hikes tariffs, changes duty rules
Logistical hurdles mount for startups as US deadline yields no trade deal.
Marc-Antoine Cantin to lead Anges Québec as CEO Stéphane Drouin steps down
Drouin is departing the angel investor network for personal reasons less than a year after taking the helm.
Canada’s AI safety institute pledges $1 million to UK counterpart for research collaboration
Canadian AI godfather Yoshua Bengio joins advisory board of $29-million research initiative.
AI bookkeeping startup Ceedar is turning customers into investors
Ceedar nabs angel cheques from Canadian founders looking for simplified accounting options.
Mara Renewables bringing fish-free omega-3 to global markets with $12.5 million from S2G Investments
Atlantic Canadian biotech company sells supplements and food fortifiers under two subsidiaries.