TrojAI secures $3 million in seed funding to protect AI solutions against security threats
TrojAI maintains cyber attacks on self-automated cars could pose a public danger.
AI
A|I: The AI Times – Valence’s new discoveries
Plus: Ocean robotics firm Nauticus to go public via $560M SPAC deal.
Ukko Agro closes $5.1 million seed round to help farmers make crop management decisions at scale
Ukko Agro helps ag companies make informed crop management decisions.
Valence Discovery announces $10.9 million CAD for AI-aided drug discovery and formulation
Valence wants to “build the world’s most powerful chemistry engine.”
A|I: The AI Times – SenseTime senses timing is off, delays IPO
Plus: Inside Tesla as Elon Musk pushed an unflinching vision for self-driving cars.
IBM to hire 350 tech employees in Nova Scotia
This is IBM’s second major hiring announcement in Canada this year.
TealBook looks to become global leader in supply chain data with $50 million in new funding
TealBook has product-market fit and its foot on the gas.
Lockheed Martin partners with, invests $1.3 million in Université de Sherbrooke’s Institut Quantique
Lockheed Martin Canada has entered into a partnership with Université de Sherbrooke’s Institut Quantique (IQ) to become…
Damon Motors secures $37.9 million CAD for its AI-backed electric motorcycles
Damon Motors has raised $37.9 million CAD ($30 million USD) in a Series B funding round led by House of Lithium and other undisclosed…
A|I: The AI Times – Inside the Canadian AI for VFX studio behind WandaVision
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Four startups from initial Entrepreneur First Toronto cohort raise collective $5.7 million CAD
As part of Entrepreneur First Toronto’s initial cohort in the city, startups TriplePlay (formerly Lobby), Vivid Machines,…
AbCellera’s antibody treatment becomes first to receive emergency FDA approval for kids under 12
Bamlanivimab, the antibody therapy discovered by Vancouver-based artificial intelligence (AI) biotech company AbCellera, has…
Arteria AI pens deal to acquire assets of H4
Toronto-based Arteria AI is set to acquire certain assets of H4, a London, England-based company. As part of the agreement,…
Pow! Bam! Biff! Special effects studio Monsters Aliens Robots Zombies raises $6.5 million
Monsters Aliens Robots Zombies might sound like your worst nightmare, but it’s actually the name of a technology and visual…
Coveo closes over-allotment option, raises additional $32 million as part of IPO
Québec City-based Coveo has closed its over-allotment option, pulling in another $32 million from its Toronto Stock Exchange…