Google Android head Sameer Samat, FinTech CEO Odilon Almeida join Lightspeed board
CEO Dax Dasilva says the pair “fortify two strategically important areas” for the company.
Canadian Startup News
Attabotics’ story ends with asset sale to Kentucky engineering firm
Deal comes months after Attabotics filed for creditor protection amid cash flow challenges.
NordSpace’s second rocket launch attempt flames out after multiple launchpad fires
Second launch window expires as fuel issues delay rocket launch.
Canada hopes to build a sovereign cloud to counter US dominance. It won’t be easy
The alignment on need for Canadian-controlled infrastructure has not yet been met with a plan to execute.
Telegraph Ventures secures $35 million to back enterprise AI startups in Québec
The provincially backed spinoff fund aims to “catalyze” floundering pre-seed market.
This Canadian entrepreneur put QuickBooks on the Intuit platform to the test
A first look at how Intuit’s platform supports the everyday work of Canadian small business owners.
Sheertex maker SRTX confirms permanent cuts for 92 employees
Montréal startup formalized August dismissals shortly after CEO handoff to BonLook co-founder Sophie Boulanger.
Telus opens inaugural Sovereign AI Factory in Rimouski
Facility lets Canadian entities develop and tweak AI while keeping their data in Canada.
Canadian tech looks to poach H-1B visa castaways as its own “ambitious founders” flee
Industry leaders say keeping Canada’s startups here will take more work, and smart decisions.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
Cohere’s valuation hits $7 billion USD following $100-million round extension
Canada’s leading AI company raised $500 million USD at a $6.8 billion valuation in August.
SAAS NORTH is serving up a new playbook for founders
On Nov. 5-6, Ottawa will host two days of candid talks on building and scaling SaaS in the age of AI.
FluidAI lands FDA clearance to sell post-surgery monitor in the US
Kitchener-Waterloo healthtech startup eyes Series B to fuel US commercialization.
Nesto bets on big banks as a way to provide more Canadian mortgages
Montréal-based mortgage lender says proprietary data is its “unfair advantage.”