Royal Bank of Canada, Borealis AI partner with Red Hat, NVIDIA on new AI computing platform
The Royal Bank of Canada (RBC) has developed its own cloud-based artificial intelligence (AI) computing platform upon which…
Canadian Startup News
Vision Critical raises $26.7 million CAD in growth debt financing
Vision Critical, a customer experience management startup, has secured $26.7 million CAD ($20 million USD) in growth debt financing.…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led…
Uniting the Prairies to be held virtually in September
Uniting the Prairies (UP), a tech conference that aims to bring together and elevate tech communities in Canada’s Prairies…
Accelerate Okanagan, Community Futures of the North Okanagan to launch new innovation centre in Vernon
Accelerate Okanagan and Community Futures of the North Okanagan are set to launch a new innovation centre aimed to bring together…
Minister Bains says extending IRAP IAP “makes a lot of sense” following anticipated CEWS extension
In a recent interview with BetaKit, Minister of Innovation, Science, and Industry, Navdeep Bains, indicated an openness to…
Win Bear appointed a managing director at Kensington Capital Partners
Kensington Capital Partners has appointed Win Bear as one of the firm’s managing directors. Bear will be based in Toronto…
Opportunity Calgary Investment Fund invests collective $7.25 million in AltaML, Harvest Builders
The Opportunity Calgary Investment Fund (OCIF), backed by the City of Calgary, announced Wednesday that it has invested a collective…
Wattpad notifies users, shares new details of reported data breach
Toronto-based online entertainment startup Wattpad has notified its users that some of their data, such as email addresses,…
MaRS officially launches program developed using federal Scale-Up Platform funding
MaRS Discovery District has officially launched Momentum, a new program designed to support high-growth Canadian companies…
Bird Canada brings e-scooters to Ottawa in new pilot
E-scooter company Bird Canada has made its shared e-scooters available for use in Ottawa as part of a new pilot project approved…
FedDev Ontario invests $4 million in women-led small businesses through RRRF
The Government of Canada has invested $4 million to support over 700 women-led small to medium-sized businesses in southern…
PPE manufacturer The Canadian Shield launches new surgical mask line
Kitchener-Waterloo-based personal protective equipment (PPE) manufacturer The Canadian Shield has begun producing disposable…
Coinsquare CEO and president agree to step down, pay “penalties” in settlement with OSC
Coinsquare co-founders Cole Diamond (CEO) and Virgile Rostand (president) have agreed to step down from the crypto-trading…
Government invests $2.1 million to support Francophone businesses in Western Canada
The federal government is investing $2.1 million in four economic development organizations that support Francophone businesses…