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Canadian Ilya Sutskever’s Safe Superintelligence closes $1 billion USD in funding

Startup co-founded just three months ago is reportedly valued at $5 billion USD.

Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps

After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.

The most important work in tech is happening on-chain

BetaKit Talks: You Don’t Know Crypto will take place on Sept. 24, presented by WonderFi.

Executive director Michael Buhr wants C100 to help Canadian tech startups scale

C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts.

Six Canadian universities among PitchBook’s 2024 top 100 schools for founders

University of Waterloo tops list of Canadian post-secondary institutions that produce future founders.

Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r

Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles.

Can Canadian FinTech woo the customers that banks have left behind?

Plus: Shopify has a new CTO, Benevity has a new CEO, and Sagard poached from Georgian.

A100, HaloHealth, InterGen get federal funding boost to help commercialize Alberta tech

Alberta startups earned a slight edge over BC in venture funding for the first half of 2024.

Carbon6 acquires American firm Junglytics to provide AI tools for Amazon sellers

Junglytics’ platform provides Amazon sellers with data analysis through a “GPT-style” interface.

Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding

Economic development agency dispenses $6.3 million across nine startups and ecosystem programs.

Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI

Alternative asset manager bets AI will play a big role in investing over the next decade.

FansUnite sells American subsidiary back to co-founders, delists from TSX

FansUnite said it expects to retain approximately $500,000 CAD to “explore new business opportunities.”

New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension

Startup plans to bring plant-based salmon alternative to US, Canadian markets.

Uni-One closes $10-million CAD Series A as foodtech startup’s revenue run rate surpasses $100 million

Vancouver startup claims $60-million post-money valuation, plans to launch in the US later this year.

TSX-listed Givex to be acquired by American payments firm Shift4 for $200 million CAD

The all-cash transaction will pay $1.50 per Givex share, a 55 percent premium on its Friday closing price.