Dessa engineers build machine learning supernova identification system
Three engineers at Dessa, a company that works with enterprises to build and implement AI systems, have created a machine learning…
Canadian Startup News
Terramera secures $13 million CAD investment from BDC
Technology for clean food company Terramera announced Thursday that it has received $13 million CAD in growth capital financing…
Element AI coming out of “stealth phase,” launching product with National Bank
Today, Element AI announced a partnership with the National Bank of Canada, which will see its AI-powered software help improve…
First Canadian SVB startup survey says entrepreneurs find fundraising challenging
More than half of Canadian startups have a positive outlook for 2019, but most are still facing challenges with fundraising…
Drone Delivery Canada shows new Condor drone, shares building plans
Drone Delivery Canada (DDC) revealed its new drone called the Condor that is capable of carrying weights up to 180kg (396lbs)…
Montreal startup receives $1 million for app helping paralyzed patients communicate
Montreal-based Innodem Neurosciences has received $1 million from angel, banking, and government entities to begin commercializing…
Applications open for CDL’s blockchain, quantum machine learning incubator streams
The Creative Destruction Lab (CDL) has announced it is accepting applications for its 2019/20 cohort for its quantum machine…
Battlesnake returns to Victoria to give coders a chance at gaming glory
Battlesnake, a non-profit AI programming competition, will be hitting Victoria on March 2 for its fifth year. Organizers are…
Ottawa-based Interset acquired by UK software company
Interset, a SaaS company specializing in cybersecurity and security analytics software, has been acquired by UK-based Micro…
How can Canada prevent another QuadrigaCX?
As QuadrigaCX’s woes unfold on an international stage, the crypto community is reeling. The firm owes its clients $190 million…
Zoom.ai expands to email, appealing to companies not on chat systems
Today, Toronto-based Zoom.ai launched its new Microsoft Outlook plugin and Google Chrome extension, hoping to target companies…
Peraso raises $42 million CAD funding to modernize wireless connectivity
Peraso Technologies, a semiconductor manufacturer, announced today that it has raised an additional $42 million CAD in equity…
iNovia Capital raises $796 CAD million for two new venture funds
Montreal-based venture firm iNovia Capital has raised $796 million CAD to create two new funds. The firm has raised a $265…
As VC activity increases, can Fredericton build another Radian6?
When you think of major markets for Canadian tech innovation, Atlantic Canada does not often top the list. But Fredericton…
Sampler raises $3 million Series A to build CPG brands’ best hope to combat Amazon
Toronto-based Sampler has announced the close of a $3 million CAD Series A round, led by BDC’s Women in Tech fund, Shipfusion,…