aDolus raises $3 million CAD to bolster supply chain security solution amid growing demand
SaaS startup aDolus Technology raised $3 million CAD ($2.5 million USD) in what the company classified as an oversubscribed…
AI
Plurilock to acquire assets of CloudCodes Software to bolster cloud security solution
Victoria-based Plurilock Security has entered into a definite asset purchase agreement to acquire certain assets of CloudCodes,…
Despite COVID-19, Ontario AI ecosystem continues growth trajectory, report finds
The Vector Instituteâs second annual snapshot of Ontarioâs artificial intelligence (AI) sector has found that despite the…
SkyHive secures $49.3 million CAD Series B raise for automated job skills tech
SaaS startup SkyHive has raised $49.3 million CAD ($40 million USD) in a Series B round. Eldrige led the round with participation…
Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Carbon Upcycling Technologies, Adaptive Pulse among startups recently chosen for competitions, accelerators
A number of Canadian startups have recently been selected to take part in accelerators and competitions, including those of…
FinTech startup Propel Holdings aims to raise $60 million in TSX IPO
Toronto-based FinTech startup Propel Holdings is launching an Initial Public Offering (IPO) on the Toronto Stock Exchange,…
Pani Energy raises $8 million to bring water treatment tech to global market
Pani Energy, a SaaS startup based in Victoria, British Columbia, has raised $8 million CAD in what the company classified as…
Coveo acquires Englandâs Qubit to extend European e-commerce reach
The artificial intelligence (AI) powered personalization e-commerce company, Coveo, has acquired London, U.K.-based Qubit for…
Thomson Reuters launches $100 million corporate venture capital fund
Thomson Reuters has unveiled a new, $100 million USD corporate venture capital fund, through which it intends to back innovative…
Relocalize closes $1.4 million to deploy thousands of micro-factories in containers
Relocalize believes shrinking factories down to the size of shipping containers could produce some big results. The company…