Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech
Threat exposure management startup aims to head off credential theft with AI tools.
Canadian Startup News
The law firm that thinks like a venture fund
MT>Ventures wants to rethink how legal services can support Canada’s tech startups.
Absorb to acquire Together in bid to bring mentorship to its learning software
Calgary firm to absorb Together to provide more “comprehensive learning solution.”
Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members
Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.
TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”
Social media giant describes conflicting instructions during national security review.
Meet the Canadians shaping Uber’s global vision
Canadians are leading global teams at Uber from Toronto, the UK, and the Valley.
Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity
CookUnity eyes Canadian expansion starting with Toronto in 2025.
Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech
British-Canadian calls for “urgent and forceful attention” to combat AI safety risks at Stockholm ceremony.
Early-stage startups grapple with fallout after Québec-funded investment program suspended
Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions
FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
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.