Feds sign new agreement with Cohere to explore AI uses within government services
AI startup partnered with the Canadian government in June on AI research and safety.
Canadian Startup News
Markham’s tech ecosystem helped this founder take on construction’s biggest bottleneck
With early backing from ventureLAB and YSpace, BidBlox AI is modernizing preconstruction across North America.
Vendasta launches AI agents to bring “enterprise-grade” automation to small businesses
Saskatoon software firm aims to make agentic AI more accessible for SMBs.
Queer tech founders explore move to Canada as US abandons DEI
Misfit Ventures co-founders say “reverse brain drain” of talent could be a silver lining for Canada.
Friendlier closes $4.5 million to help more food service operators ditch single-use containers
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startup’s final months of independence.
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
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.