Praemo raises $3.5 million to develop industrial IoT platform
Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series…
AI
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow…
Xanadu, BMO, Scotiabank joint project uses quantum for trading products
Toronto-based Xanadu has announced the findings of a joint proof-of-concept with BMO and Scotiabank. The firms worked on discovering…
League partners with Vector Institute to improve platform’s AI capabilities
Toronto-based League and the Vector Institute have partnered to offer resources in an effort to accelerate the development…
Overbond to launch three AI analytics labs in Montreal for R&D in bond pricing
Overbond, a Toronto-founded AI and FinTech startup, is partnering with business school HEC Montreal, Concordia University,…
NEXT Canada celebrates cohorts at Venture Day, receives $1 million investment
On Wednesday, more than 10 NEXT Canada ventures pitched their startup at NEXT Venture Day, to an audience of business leaders,…
Toronto-based proptech Properly raises $22 million Series A
Properly, a Toronto-based proptech startup, has closed a $22 million Series A financing round, consisting of $12 million in…
A|I: The AI Times – Teaching machines to see
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
SomaDetect closes $2.6 million CAD seed round for dairy farming sensor technology
Fredericton-based SomaDetect, which has developed a sensor that helps farmers measure milk quality, has completed a $2.6 million…
Fiix acquires US-based Alchemy IoT
Fiix has acquired Colorado-based Alchemy IoT, an industrial asset intelligence company, in order to bring AI to Fiix’s…
A|I: The AI Times – China’s experiment in AI education
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Government of Canada’s chief information officer Alex Benay leaves to join Mindbridge
Alex Benay, the Government of Canada’s chief information officer (CIO), has announced he is leaving his post to join…
Owl.co raises $2.6 million CAD for encrypted data collection platform
Owl.co, a software company that helps banks and insurers collect and encrypt customer data, has raised its first round of funding,…
A|I: The AI Times – A high-stakes gamble
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Clearbanc raises $300 million USD to take entrepreneur funding model global
Just over half a year since raising $159.28 million CAD, Clearbanc has raised an additional $393 million CAD ($300 million…