AI drug discovery startup BenchSci scores $63 million Series C round led by Inovia, TCV
byBenchSci says its tech is used by 16 of the top 20 pharmaceutical companies.
AI
New Brunswick Innovation Foundation launches AI fund with support from feds
byThe fund seeks to accelerate AI research and adoption in New Brunswick.
Diversio secures $8.13 million CAD on journey to improve corporate diversity and inclusion
byDiversio uses AI to uncover bias in companies and recommend solutions.
Amplitude Ventures, AltaML pen partnership to build AI, biotech companies
byThe partnership gives Amplitude access to Alberta’s sizeable AI sector.
A|I: The AI Times – The AI that makes you money
byPlus: Future Fertility raises $7.6 million CAD to build AI-powered IVF solutions.
Aspire, DarwinAI project recognized as “outstanding” by United Nations’ AI research centre
byThe initiative was the only Canadian project to crack IRCAI’s top 10.
XMachina AI acquires Bain Public in its second acquisition since forming in mid-2021
byXMachina specializes in AI acquisitions, and is preparing for an IPO.
D-Wave increases European presence with quantum computer in Germany
byIn the race for quantum commercialization, D-Wave gets aggressive in Europe.
PainWorth secures $2.1 million CAD to settle personal injury claims using machine learning
byThe Edmonton startup aims to tackle the “enormous” personal injury market.
Review of 11 Canadian tech companies to watch in 2021
byStartups on the 2021 list made major financing deals and exits.
Boosted.ai raises $43.7 million CAD to scale AI platform for investment managers
byBoosted.ai claims $57.4 million CAD in total funding to date.
Ecopia lands $3.39 million federal government contract for broadband mapping
byEcopia will use AI to identify locations for broadband internet in rural Canada.
A|I: The AI Times – Policing Toronto police’s AI usage
byPlus: Why it’s so hard to regulate algorithms.
Future Fertility secures $7.6 million CAD for AI-powered in vitro fertilization
byThe Toronto company is part of a growing wave of fertility-focused tech startups.
Tech leaders call on Toronto Police Service Board to strengthen proposed AI policy
byThe letter’s signatories include experts from Shopify, ApplyBoard, PointClickCare, and CIBC.