Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
AI
Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.
LiORA secures $5.1 million in seed funding to scale its soil remediation platform in the United States
Remediation platform tracks and helps clean pollution in abandoned industrial sites.
Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles revenue
Funding to bolster Toronto startup’s team expansion, product development, and market reach.
AI is changing startup math
Plus: Trade war uncertainty has some Canadian startups “hanging by a thread.”
Canada’s tech heavyweights are planting flags in the UK
Shared values, deep talent, and government support are drawing firms like Cohere and OpenText across the pond.
Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.”
Canada’s AI safety institute pledges $1 million to UK counterpart for research collaboration
Canadian AI godfather Yoshua Bengio joins advisory board of $29-million research initiative.
Yaletown Partners raises $100 million in first close for third Innovation Growth Fund
Vancouver VC firm is targeting a final close totalling $250 million within the next year.
AI bookkeeping startup Ceedar is turning customers into investors
Ceedar nabs angel cheques from Canadian founders looking for simplified accounting options.
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”
4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
Why the people building the future of AI systems are heading to Toronto for KDD-2025
Leaders from Apple, DeepMind, Cohere, and more are gathering to confront the demands of modern data science.
Cohere to access Canadian AI infrastructure and new clients through partnership with Bell
Startup will provide AI tools to Bell’s Canadian government and enterprise customers.
Is Canada’s productivity saviour a hallucination?
Plus: OMERS Ventures refocuses on Canada under new leadership.