Vector Institute, Kids Help Phone team up to expand use of AI in mental health services
Kids Help Phone said AI will help its staff adapt to the way young people speak.
Canadian Startup News
Thoughtworks’ Rebecca Parsons on using threat models to prevent AI peril
“I don’t think the world will be destroyed by AI but I’m more worried about it than I was before.”
AI risks: overblown, existential threat, or something else? VCs and tech experts disagree
Geoffrey Hinton says AI systems may one day develop ‘goals of their own.’
PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects
Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization.
Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO.
Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service
Porta might just fill the frozen-pizza-shaped hole left by General Assembly.
GeologicAI closes $30-million USD Series A to develop AI-powered robot geologists
Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
TIMIA Capital and Arena Investors aim to fill SVB lending gap with new $100-million USD venture
TIMIA looks to double loan book as cooling VC market creates “significant opportunity.”
Canada is falling behind on cleantech as capital and companies flee south
Report: nearly 83 percent of Canadian private investment in climate tech leaves the country.
Syzl crowned PITCH winner at Collision 2023 as other startups win cash prizes from The DMZ
The DMZ awarded $65,000 to startups at its Insiders Event prior to Collision’s start.
Tokens.com acquires Startup Slang to link in-game purchases to Shopify Plus storefronts
Tokens.com continues to bet on the metaverse for future revenues.
Jombone secures $1 million from FedDev to address industrial staffing needs
With this funding, Jombone wants to adapt its platform for the US market.
Loopio makes “difficult decision” to lay off nine percent of its team
The Toronto-based software startup made its first acquisition in May.
PitchBook analysts say 2023 VC funding is “pretty much shot,” long-term recovery appears likely
PitchBook analyst: “It’s not going to be a six-month turnaround.”
Shopify’s venture arm unveils portfolio in new website launch
Shopify’s investments focus on funding the companies that support its merchant ecosystem.