OpenAI acquires Sonder co-founder’s new travel tech company Odessia
Francis Davidson founded the AI travel agent shortly after overseeing Sonder’s Marriott deal.
Canadian Startup News
Platform Calgary and Ax.c launch reciprocal access for startups
One-year agreement will let member companies share networks and office space.
Dominion Dynamics aims to go public in three to five years, CEO says
Eliot Pence argues Canadians need to buy into the idea of building a “big defence company.”
Government of Canada signs international declaration on AI safety and security
Feds join other countries and major developers like Anthropic, OpenAI, Mistral, and Cohere.
Why an ex-Cohere leader doesn’t want you to call his new law firm “AI-native”
Blackletter has raised $6 million USD to build a law firm on top of its AI tech.
Float appoints former BDC Capital partner Jack Fraser as FinTech’s first CFO
After investing in Float, Fraser is joining the team and returning to his operations roots.
AI tax research platform Blue J raises $176-million USD Series E
Toronto-based firm valued at more than $700 million USD after growing revenue 529 percent in three years.
VC exits show year-over-year improvement as acquisitions ramp up: CVCA report
Disclosed exit proceeds have already more than doubled compared to 2025.
Canadian tech sees promise in federal government’s 500-MW sovereign AI compute pledge
Smaller AI startups are getting crowded out in the compute race. The feds want to ensure they’re at the table.
Bridgewater exec Karen Karniol-Tambour to lead Canada’s sovereign wealth fund
The $25-billion Canada Strong Fund could make more deals like the government’s $1.6-billion Cohere investment.
Canada’s long-awaited Real-Time Rail payments system launches without Big Six banks
Under development since 2015, Wealthsimple, Koho, Bank of America, and others can now access instant payments.
CIBC’s security chief on how AI is changing cybersecurity
Joe LoBianco reveals how technology startups can make inroads with Canada’s financial institutions.
Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ
The AI research lab has set up shop in Canada for its compute, talent, and predictability.
The feds plan to merge BDC and EDC. What might that mean for Canada’s largest VC investor?
Government says it expects “greater risk tolerance” from Crown corporations that do business financing.
Ottawa earmarks $176 million to establish online super regulator
Federal budget includes five-year investment to develop Digital Safety and Data Protection Commission of Canada.