NGen commits $19 million to 12 new AI manufacturing projects
Industry contributions bring the total value of the projects to $55 million.
toronto
Private equity firm Vertu Capital acquires developer platform ActiveState
Vertu closed $300 million CAD for its first private equity fund in March.
Virtual care platform Mednow announces restructuring, looks for buyer
Receivership occurs just over two years after listing on the TSX Venture Exchange.
S|W: The SaaS Weekly â John Chen retires, Hyatt brothers return with DataStealth
Plus: Uber, Lyft to pay $328 million to settle wage-theft allegations.
Sanctuary AI, RainStick among #CDNtech companies named to TIMEâs 2023 Best Inventions list
The list also recognized neural earbud developer Naqi Logix and lithium tech firm Li-Metal.
BDC recommits to leading seed deals with new $50-million fund
Plus: The BetaKit Keynote Stage returns to SAAS NORTH 2023.
Nova Scotia taps Maple to expand free virtual care to the entire province
Maple will expand from servicing 145,000 Nova Scotians to over one million.
H|T: The Healthtech Times – Amazon Clinic can now treat cough, cold, or flu
Plus: Well Health acquires cybersecurity businesses, CAE to sell healthcare unit for $311M.
BetaKit Live: Getting Hybrid Work Right
What the new best practices to ensure that businesses in 2023 are getting hybrid work right for the long term?
Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
Brickeye provides construction companies with job site monitoring, analytics, and smart automations.
R|T: The Retail Times – Former Shopify leader launches AI imaging tool for merchants
Plus: Shein and Temu call off US legal spats.
Hyatt brothers aim to build their ânext big thingâ with majority ownership of DataStealth
After exiting Dyadem and BlueCat for over $1 billion, the Hyatts have teamed up again to tackle cybersecurity.
A|I: The AI Times – Google & Nvidia are betting on this Canadian startup to boost ML model performance
Plus: Hinton and Bengio among leaders signing new AI policy letter.
Richard Lynch will replace John Chen as interim CEO as BlackBerry prepares to split company
BlackBerry has been attempting to revive shareholder interest over the past year.
Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
The startup turns standard industrial robots into plug-and-play homebuilding systems.