BCV leads second round in Relay, as SMB-focused FinTech closes $44-million CAD Series B
Startup targets profitability and $100-million USD run rate by end of 2025.
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A|I: The AI Times – OpenAIâs âwhether you like it or notâ philosophy
Plus: Shopify’s Tobi LĂŒtke will help advise Meta’s AI strategy.
Riot Platforms raises stake in Bitfarms following Riotâs rejected takeover bid
Riot says decision prompted by allegations in former Bitfarms CEO’s lawsuit with company.
Amplitude Ventures closes $263 million for second precision medicine VC fund
Amplitude has already made four investments from Fund II.
Ecosystem Spotlight: Alberta tech is striking gold
CIBC Innovation Bankingâs Joe Timlin on the province thatâs punching above its weight.
S|W: The SaaS Weekly – Newfoundlandâs CoLab to go on hiring spree with Series B funding
Plus: Thinkific has too much cash. Thatâs a real problem.
CIFAR, CABHI among recipients of more than $850 million in federal science and research funding
Two dozen third-party science and research organizations are being backed by the new Strategic Science Fund.
Artemis closes $2 million CAD to improve data quality for analytics and AI
Indigenous-led Vancouver startup aims to automate data cleanup with AI agents.
F|T: The FinTech Times – Bench and Shopify alumni get $11 million to launch âStripe for accountingâ
Plus: Neo Financial credit products will now report to Equifax.
Google has a glue problem
Plus: Xanadu wants another $200 million.
Xanaduâs Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
Major skills shortage looming in cybersecurity, AI
Reskilling in emerging fields can help those impacted by recent layoffs.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
H|T: The Healthtech Times – Uber Health rolling out caregiving solution in US
Plus: CloudMD to go private after acquisition spree dries liquidity.