Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
AI
Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024
Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain.
Canadian Ilya Sutskever’s Safe Superintelligence closes $1 billion USD in funding
Startup co-founded just three months ago is reportedly valued at $5 billion USD.
Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps
After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.
Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r
Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles.
AI roundtable: Hugging Face, Zapier, Tenstorrent (and more)
The BetaKit Podcast offers vantage points on AI from North American tech leaders.
Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI
Alternative asset manager bets AI will play a big role in investing over the next decade.
Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning.
Viggle AI closes $26-million CAD Series A to expand AI-powered video generator
Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth.
ALL IN 2024 returns to Montréal for its second year
Canada’s leading AI conference to feature speakers from Mila, Forethought, and Meta.
Ex-Google DeepMind leaders bring Reliant AI out of stealth with $15.4-million CAD seed round
Yoshua Bengio-backed startup wants to help biopharma researchers wrangle their data faster.
Radical Ventures launches $800-million USD AI growth fund
New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.
Feds inject $39.2 million into digital literacy program CanCode with renewed focus on AI
CanCode phase four aims to teach digital and AI skills to 1.5 million students and 100,000 teachers.
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.
LeddarTech’s Nasdaq listing in jeopardy as stock falls below $1-USD minimum
Warned it could be delisted in 180 days, company secures up to $9 million USD in bridge financing.