Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
AI
A|I: The AI Times – Is Canada’s IP strategy paying off?
Plus: The alarmingly accurate face search engine anyone can use.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
A|I: The AI Times – Xanadu’s quantum computer
Plus: Five Canadian startups crack CB Insights’ 2022 AI 100 list
Unbounce expands leadership team with addition of Indochino, RBC Ventures, Mapbox alums
Startup adds CMO, CPO, and VP of engineering for “next phase of growth.”
Flying Fish Partners appoints Tiffany Linke-Boyko as principal for Canada, secures $7.5 million from AEC
“Given what we uncovered, it made sense to base our Canadian operations in Alberta.”
A|I: The AI Times – A modest vision
Plus: Applications close May 31 for Amii’s AI program for women and gender-diverse people.
Five Canadian startups crack CB Insights’ 2022 AI 100 list
Four out of the five Canadian companies come from Toronto.
Forma.ai raises $57.8 million CAD in Series B round for sales compensation platform
Forma aims to turn sales compensation into science using AI.
Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering
Fobi goes shopping for its second couponing solution.
Vector Institute awards nearly $2 million in scholarships for Ontario AI students
Vector wants to take a bite out of the tech talent crunch.
Applications close May 31 for Amii’s AI program for women and gender-diverse people
Women make up only 32 percent of the AI workforce; Amii wants to change that.