Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions
FinTech startupâs backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
Canadian Startup News
Benevity reports over $140 million donated through its platform this Giving Tuesday
Calgary company sees dip in total donations, but rise in volunteering compared to 2023.
Aramis Biotechnologies secures $80 million CAD for vaccine development do-over
Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.
Cohere secures federal backing to build multibillion-dollar Canadian AI data centre
This marks the first investment through the new Canadian Sovereign AI Compute Strategy.
Mississaugaâs rising entrepreneurs are cleaning water, transforming legal services, and making robot EV chargers
Sauga Startup Showcase recognizes promising startups.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Federal government outlines $2 billion in AI compute spending commitment
Strategy includes $1.3 billion for computing infrastructure and $700 million for AI data centres.
Trexo Robotics has helped children with disabilities take 100 million steps
Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions.
Musical AI partners with Indiaâs Beatoven.ai to create âfully licensedâ AI song generator
Music tech startups join forces to compensate IP holders for songs created with AI.
BDC launches program to help small businesses access financing to adopt AI
Program includes cybersecurity assessment and workflow automation assistance.
Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec
STRX looking to close $70-million CAD convertible note financing round before end of year.
Markets change. Venture debt doesnât have to.
CIBC Innovation Bankingâs Amy Olah on why venture debt stays steady, even when markets donât.
Lessons from Wattpadâs $754-million exit
Eva Lau wants you to avoid the obvious.
BC Securities Commission fines ezBtc owner $18.4 million over crypto fraud
CBSC previously found crypto platform had diverted one-third of customer deposits to personal accounts.
Canada Post strike didn’t slow Shopifyâs record-breaking BFCM weekend
Shopify merchants drove $11.5 billion USD in sales over the weekend, eclipsing last year by more than $2 billion.