Niricson closes $10-million Series A to monitor critical infrastructure using tech
Victoria startup’s solution has been tested at Toronto’s Pearson Airport and Saskatchewan’s Gardiner Dam.
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F|T: The FinTech Times – Neo Financial goes all-in on partner credit cards, US regulators worry of Binance bank run
Plus: National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio.
H|T: The Healthtech Times – Turnstone Biologics goes public, Dialogue Health to be acquired
Plus: Vital Bioscience reveals desktop blood tester with big backers.
Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round
Tenstorrent receives major backing from strategic investors ahead of planned Series D round next year.
A|I: The AI Times – Cohere releases Coral, Shopify unveils AI suite
Plus: Yoshua Bengio issues stark warning to U.S. Senate.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
With school districts ‘striving to achieve more with less,’ layoffs come to Paper
The EdTech startup’s founders said the decision was not made lightly.
Neo Financial goes all-in on embedded finance with new suite of credit cards
The FinTech startup is partnering with Tim Hortons, Cathay Pacific to offer rewards.
S|W: The SaaS Weekly – OpenText’s acquisition of Micro Focus spurs IP and patent questions
Plus: Solink secures $60 million to scale cloud-based video surveillance service.
PrairiesCan commits $6.1 million for downtown Calgary innovation hub, local business retention programs
Funded projects are expected to support and create over 1,000 jobs, the government says.
Luge Capital’s David Nault on making investment decisions through the AI hype cycle
Nault: AI is the “latest shiny thing that a lot of people are running after.”
Canada’s H-1B visa play strikes a nerve as feds pick tech companies for Hypergrowth
Plus: Shopify reveals new AI suite, corporate credit card, and more.
Jesse Wente wants Canada to “tax the hell” out of Big Tech, but he’s open to cutting deals
Forget arguments over algorithms: Wente wants the money to build something better.
Alberta tech is on track to outpace 2022 with lively Q2 2023
Alberta tech companies raised $123.8 million through six deals in the second quarter of 2023.
Sun Life Canada to acquire Dialogue Health Technologies
Dialogue will maintain its head office in Montréal and operate as a standalone entity as part of Sun Life Canada.