SEC orders Delphia to pay $225,000 USD for “false and misleading” statements about use of AI
Toronto startup one of two companies accused by US securities regulator of “AI washing.”
Canadian Startup News
Top Hat’s Maggie Leen appointed CEO two months after Joe Rohrlich’s quiet departure
EdTech firm has also tapped Larry Indovina for the new role of COO.
Busbud continues Latin American expansion with acquisition of Buson
Busbud says it now has over 600 partnerships with bus operators in LATAM.
WonderFi to acquire Australian crypto trading licence as “solid foundation” for international expansion
After buying up several regulated Canadian crypto exchanges, WonderFi eyes down under for growth.
Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA
The funding is aimed at supporting research into sustainability and responsible AI development.
Ocean tech startup Poseidon raises $28-million CAD Series B to make fish farming more eco-friendly
BC startup offers tech aimed at improving fish welfare, mitigating ecosystem damage.
Sonder faces class action investigation after delaying financial results due to errors in past statements
Company said correcting the errors will increase its net loss for 2022 and 2023.
Nuvei stock rises as company confirms discussions following report of potential buyout
Nuvei has formed a special committee to evaluate “expressions of interest” the company has seen.
The BetaKit Keynote Stage lands in Vancouver for INNOVATEwest 2024
Leaders from Wealthsimple, Koho, D-Wave taking to the stage April 16 and 17.
These three FinTech companies are hiring in Canada
Float, Moneris, PayPal Canada are tapping into the country’s wealth of talent.
Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
MarineLabs looks to bring safety to oceans following $4.5-million seed round
Startup offers hardware and software that provides real-time wind, wave, and weather data.
DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
Music collaboration startup BeatConnect raises $2.25 million CAD
Platform led by CBC alumni reached over 70,000 users in 2023.