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…
AI
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 England’s 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…
Trellis to acquire Apixibot to bolster automated marketing tech for Amazon, Shopify merchants
Trellis, an Ottawa-based SaaS startup, has entered into an agreement to acquire Apixibot, a fellow Ottawa company that provides…
Moneris completes acquisition of UEAT to bolster commerce solutions for restaurants
Payments provider giant Moneris has acquired UEAT, a Québec-based SaaS startup for an undisclosed amount. Founded in 2017,…
Smartricity raises $1 million to scale motor testing technologies
Ballinafad, Ontario-based Smartricity has raised $1 million CAD in seed funding to accelerate its motor testing technologies…
Hooked on Phonic’s platform, investors back voice-based surveys
Toronto-based Phonic has secured $2.76 million CAD ($2.2 million USD) in seed financing to bolster its newly launched voice…
A|I: The AI Times – Samdesk’s strong year
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
D-Wave launches performance update to existing quantum computer, teases next-generation system
D-Wave Systems Inc, a quantum computing startup, unveiled a performance update to its existing quantum system, as well as a…
TrafficDriven, Train Fitness, Moment Energy secure podium at 2021 New Ventures BC Competition
A trio of Vancouver-based companies have finished top three at New Ventures BC’s 21st annual tech startup competition, beating…