A|I: The AI Times – Microsoft tries Two Hat on for size
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
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BrainBox AI announces $24 million USD to fuel energy-saving tech for commercial buildings
Montréal-based BrainBox AI revealed this week it has raised $24 million USD in Series A capital. The funding was led by ABB,…
Optina raises $24 million to bolster AI-powered early Alzheimer detection device
Montréal-based healthtech startup Optina Diagnostics has raised $24 million CAD in its Series A funding round. The financing…
Microsoft acquires BC-based Two Hat to moderate Xbox content
Microsoft has acquired Kelowna-based startup Two Hat to bolster its online safety moderation efforts. The startup’s software…
A|I: The AI Times – Yoshua Bengio bets on Armilla AI
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Magnet Forensics files for $950 million CAD offering for “financing flexibility”
The digital investigation software startup Magnet Forensics has filed a preliminary short form base shelf prospectus and is…
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…
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 Institute’s second annual snapshot of Ontario’s 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…