Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
AI
PASQAL, Investissement Québec launch $90-million Quantum Computing initiative
The initiative intends to promote Sherbrooke, Québec as an international quantum hub.
A|I: The AI Times – As Sam Altman returns to OpenAI, Cohere CEO slams the “self righteousness” of effective altruism
Plus: Microsoft looks to scale Québec presence with $500-million USD investment.
Semantic Health acquired by US-based medical documentation firm AAPC
Semantic uses AI to help hospitals improve their medical coding, auditing, and documentation processes.
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
Microsoft looks to scale Québec presence with $500-million USD investment
Tech giant plans to expand its AI, cloud computing infrastructure in the province.
InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures
These startups, VC firms align with InBC’s “triple bottom line approach.”
Pathway raises $5 million in seed funding, opens free access to healthcare guidance platform
The healthtech startup also unveiled its “most advanced” AI assistant to date.
TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots
Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms.
A|I: The AI Times – OpenAI’s GPT Store is coming
Plus: HardTech Summit explores deep tech barriers, IBM debuts $500 million enterprise AI venture fund.
Ambyint is repatriating its headquarters to Calgary after three years in Houston
Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
VentureLab’s latest HardTech Summit explores barriers, opportunities facing Canadian deep tech startups
Event surveys state of play in Canada for hardware firms in medtech, AI, and other sectors.
Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft
Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform.
A|I: The AI Times – Jim Balsillie says “AIDA needs to be scrapped completely” as Biden lays out new executive order
Plus: Thomson Reuters commits $100M a year to GenAI, Google $2B to Anthropic.