University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Madison McLauchlan (she/her) reports on tech and innovation for BetaKit from Tiohtià:ke/Montréal. You can reach her (in French or English) at madison.mclauchlan@betakit.com or on Signal at madisonmcla.12.
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
Cleantech company hopes to open Québec asbestos mitigation plant by 2027.
Cohere-led study claims popular crowd-sourced leaderboard LM Arena tipped scales for Google, OpenAI.
Stage V program aims to turn startups into “true scaleups” with tailored support.
Domestic procurement, boosting business investment key issues for Carney government, industry groups say.
Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.
Embattled retailer with ties to Montréal tech set to shutter stores on May 18.
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
Cohere says first movers on AI agents will gain “competitive advantage.”
Deep neural networks trailblazer recommends building non-agentic AI programs without goals of their own.
Toronto-based Alexa Translations draws on local talent to power new translation LLM.