toronto | BetaKit

Orbits secures $2 million USD to manage home logistics with AI

A16z Speedrun, N49P, Garage back Orbits’ consumer launch of AI household assistant.

Ten-year-old VC firm will back up to 30 companies, with a focus on climate, health, and work tech.

Plus: Canada to pursue sovereign internet.

Portage is the FinTech investment arm of Power Corporation-owned Sagard.

Non-profit startup will use the funding to establish a Berlin office and a Canadian sovereign compute partnership.

Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.

CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.

GPs and LPs clock “genuine excitement” about Canadian tech from foreign peers close to PM’s summit.

New fund comes as Canada announces billions in funding for FCC as part of its National Food Security Strategy.

At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital.

Leading Canadian pension funds and banks back Toronto AI investor’s late-stage strategy.

Non-binding MOU would be largest private capital investment in province’s history, quadrupling planned capacity.

Former leaders from OMERS, CPPIB, and CDL lead fund to find “the next generation of AI founders.”

Liam Gill writes that Canada needs to unlock domestic capital to grow economic resiliency.

SGV marks Define’s fourth acquisition to date as it nears $20 million CAD in ARR.