A|I: The AI Times – Cohere had a busy week
Plus: How Apple fell behind in the AI arms race.
Canadian Startup News
Parliament sets the stage to enact capital gains tax changes
Nearly all Conservative MPs, including leader Pierre Poilievre, voted against the motion.
Kardium secures $143 million CAD to help bring irregular heartbeat treatment to market
The financing follows Kardium’s $158-million CAD round in 2021.
Parity closes $26-million CAD Series B round as it eyes new verticals, markets for HVAC optimization software
Startup says it has delivered energy savings across over 65 million sq. ft. of real estate.
Copperleaf Technologies to join wave of #CDNtech go-privates in $1-billion deal with IFS
Copperleaf expects IFS to continue investing in its Vancouver team.
Float launches bill payments and personal expense reimbursement products
FinTech startup aims to help businesses pay bills and reimburse out-of-pocket expenses faster.
Michelle McBane knows how to play the long game
From nurturing ideas to backing women-led companies, the founder of StandUp Ventures says patience is everything.
FLO charges ahead with $136 million CAD to expand network, product line
EV charging firm sees support from EDC, CDPQ, Investissement Québec, and more in latest financing round.
The BetaKit Guide: Collision Week 2024
BetaKit readers share tips, tricks, and must-attend events for a big week in Canadian tech, presented by Interac.
Toronto, Vancouver slip in Startup Genome’s 2024 rankings as Montréal, Calgary, Ottawa rise
Smaller Canadian cities make strides in 2024 as larger ecosystems lose some of their lustre.
French private equity firm Jolt Capital to open North American headquarters in Montréal
Former Scale AI COO Clement Bourgogne will head the deeptech investor’s Canadian operations.
Sonya Shorey officially named president and CEO of Invest Ottawa
Shorey held the lead on an interim basis following Michael Tremblay’s November 2023 departure.
Inovia raises initial $300 million USD for CDPQ-led third growth equity fund
First close brings Inovia two-thirds of the way to its $450-million target.
Propel unveils new Validation cohort of early-stage founders in Atlantic Canada
Meanwhile, Halifax accelerator Tribe is seeking Black early-stage founders for its START program.
Dapper Labs reaches tentative settlement in NBA Top Shot class-action suit
The settlement, if approved, would require Dapper Labs to make a $4-million payment.