“The reality check is happening now”: AI leaders on the state of the market at Collision
Experts at Collision 2024 weighed in on the AI hype cycle, enterprise adoption, and doomsday scenarios.
Canadian Startup News
Binance is appealing $6-million CAD fine from FINTRAC, report says
Canada’s anti-money laundering agency fined the crypto exchange in May for registration and reporting failures.
Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services
The deals, if successful, will have a combined value of over $36 million.
Accelia Capital promotes Julien Letartre to become its third partner
Letartre joined Accelia in 2022, bringing experience from Caisse de dépôt et placement du Québec.
Report: Canada’s quantum talent pool punches above its weight
Despite a pool of just 4,000, Canada still represents five percent of the world’s quantum talent.
Putting their chips on the table
How ventureLAB is helping a Chilean quantum tech startup break into the Canadian market.
Here’s what VCs are saying about the fundraising environment at Collision
VCs at Collision 2024 speak about AI and valuations in the post-post-boom times.
Propulso raises strategic funding to facilitate US expansion
Propulso says the funding has already allowed it to double its workforce.
Everyone at Collision is talking about Web Summit Vancouver
Feds, province, City of Vancouver pledge up to $14.8 million over three years to Collision’s successor.
Canadian OpenAI co-founder Ilya Sutskever launches new company focused on safe AI development
New company follows the recent exodus of safety-focused employees at OpenAI.
PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by new CABHI funding
Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.
BDC earmarks $250 million CAD to support underserved entrepreneurs
Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses.
As Collision kicks off, four Canadian tech startups unveil new funding
Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.
Raven Indigenous Outcomes Funds completes $20.4-million first close
New fund will invest in projects solving pressing challenges for Indigenous communities.
TD Bank launches Innovation Partners banking platform for tech companies
TD Innovation Partners’ leadership team is almost entirely ex-SVB and ex-RBCx leaders.