Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Canadian Startup News
Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding
COO Elliot Schneier promoted to CEO as company founder becomes president.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead.
Federal government invests $8 million into six Québec EV battery and charging projects
NRCan funding follows a period of turmoil for Québec’s EV sector.
US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing.
The platform and technology team powering AI at TD
Kirsti Racine’s team is behind the platform transforming how TD employees and engineers use AI.
Seed-stage rebound a bright spot in Québec’s gloomy VC landscape: report
Sixty percent of VC deals in the province were under $5 million in Q2, new data shows.
Commissioner of Canada Elections will “explore the use” of AI
The move comes amid threats to election integrity from AI-enabled disinformation.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
YSpace is turning Toronto and York Region into a springboard for Hong Kong startups
The innovation hub’s new partnership is opening doors between Canada’s tech sector and Asia.
How Collectr bootstrapped a trading card hobby into an eight-figure business
Former Doorr founders’ new app has amassed four million users in four years, including new advisor Steve Aoki.
“Wake-up call” unheeded as Canadian VC investment hits lowest level since H1 2020
CVCA report finds life sciences, venture debt among bright spots in otherwise bleak H1 2025.
Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises
Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security.
Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment.
Clutch opens BC facility as it hits the gas on renewed Western Canada expansion
Online used car retailer gears up to scale its presence in Richmond over the next two years.