Today in funding ($10.26 million): Winterlight Labs, Casca
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
AI
Five new startups join Ryerson, MLSE’s sport tech accelerator
Ryerson University and Maple Leaf Sports and Entertainment (MLSE) have announced that five startups have been selected to join…
RBC injects $3 million into new data analytics, AI partnership with Western University
Western University and Royal Bank of Canada (RBC) have announced a partnership to create a new university program focused on…
Today in acquisitions: Paystone, Rival.ai, Workali, Geotab
In the past few days, several Canadian companies have made announcements on acquiring technology startups in the IoT, AI, and…
Xanadu receives grant from DARPA to test QML performance on quantum hardware
Toronto-based quantum computing startup Xanadu announced today that it has secured a grant from the Defense Advanced Research…
A|I: The AI Times – What VCs want from AI startups
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Cyclica launches joint venture using AI to develop drugs for mental health
Toronto-based biotechnology company Cyclica has partnered with global biotechnology platform ATAI Life Sciences to develop…
Charli AI comes out of stealth mode, launches workflow automation product
Vancouver-based startup Charli AI has announced the limited release of its chat-oriented product aimed to automate financial…
Montreal’s Potloc announces $13 million CAD Series A originally closed in July
Potloc, a startup that conducts market research using geo-targeted surveys, has announced its $13 million CAD Series A funding…
A|I: The AI Times – No entry to Canada for AI researchers
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Stradigi AI closes $53 million CAD Series A, with support from will.i.am
Montreal-based artificial intelligence provider Stradigi AI has closed a $53 million CAD in Series A funding round led by Fonds…
Element AI to implement AI features into Japanese automotive company’s operations
Montreal-based Element AI has entered into a strategic relationship with Japanese automotive company Aisin Seiki Co. Through…
Mindbridge loses former CIO of Canada after a few months in role
Alex Benay, the former CIO of Canada, has left his role at Ottawa-based Mindbridge after a short few months stint. The news…
Looka lays off 80 percent of staff as failed rebrand from Logojoy cut revenue in half
Looka, the Toronto-based startup that uses artificial intelligence and machine learning to design logos, has laid off 80 percent…
Chip startup Untether AI announces $9.2 million in funding closed in May
Toronto-based chip startup Untether AI recently announced that it has raised an additional $9.2 million CAD ($7 million USD),…