Eirene raises $4.1-million seed round to simplify end-of-life solutions
Funding will support Eirene’s expansion into the US.
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H|T: The Healthtech Times – Ontario budget allocates funding to healthtech procurement
Plus: Neuralink is now accepting Canadian patients.
Cohere introduces new LLM for businesses alongside Microsoft Azure collaboration
Enterprise-focused OpenAI competitor is reportedly in talks to raise at least $500 million at $5 billion valuation.
Meet the Y Combinator Winter 2024 cohort startups with Canadian roots
W24 participants include Senso, DraftAid, AgentHub, GovernGPT, Datacurve, and more.
Innovation Factory and Haltech amalgamate to serve Hamilton, Halton area startups
The Ontario organizations have come together under the Innovation Factory banner.
R|T: The Retail Times – Why women in retail are leaving CEO positions
Plus: Lightspeed CEO muses about privatization; Giant Tiger’s cyberattack.
Brim Financial closes $85-million Series C led by EDC to fund US expansion
FinTech firm fuels up to accelerate growth south of the border.
Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return
Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings.
Startup Open House returns to its roots after acquisition by MTL NewTech
The one-day showcase is hoped to draw up to 900 attendees.
Siri Agrell joins BetaKit as CEO
Seasoned Canadian journalist and tech ecosystem leader joins as BetaKit’s new CEO.
With latest funding and Scotiabank partnership, Willful sets its sights on profitability
After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces.
A|I: The AI Times – Canadian pension manager to co-lead deal valuing Cohere at $5 billion
Plus: Feds broaden foreign investment scrutiny; Why Apple bought DarwinAI.
BeniPlus secures $1.1 million to simplify employee benefits
BeniPlus offers a wallet system for employees to allocate benefits depending on their needs.
Cohere’s Aidan Gomez talks scaling AI for enterprise, Vinod Khosla explores risk-taking at CIX Summit 2024
Opening night covered AI adoption, risk-taking in venture capital, and bipedal robots.
S|W: The SaaS Weekly – Peek inside Canva’s battle plan against Adobe
Plus: Ontario school boards sue social media giants for $4.5B.