University of Alberta partners with Silicon Valley VC firm to help commercialize research
Celesta Capital will bring entrepreneurship training to students, researchers, and faculty this fall.
Briefs
Families of Wes Hall, Patsy Anderson make $3-million donation to SickKids’ AI initiative
SickKids AI program looks to deploy “responsible AI” across clinical care, research, education, and operations.
Repeat tech entrepreneur Ryan St. Germaine joins Raven as partner
St. Germaine comes aboard as Vancouver-based Raven gears up to raise another fund.
UniUni go-public deal falls through as SPAC terminates agreement
MAK Acquisition Corp claims UniUni made an “incurable” breach by losing too much money.
Shopify CTO Mikhail Parakhin to depart after two years
Parakhin, who helped Shopify “level up” in engineering and ML, is transitioning to advisor.
Anthropic signs lease for $10-billion Nova Scotia data centre
AI giant slated to power its Claude models at initial 95MW facility by late 2027.
Waymo to begin robotaxi pilot in Toronto, but with human drivers until 2028
US robotaxi giant will take a phased approach that aims to eventually serve riders autonomously.
Maritime Launch Services conditionally approved to list on Toronto Stock Exchange
Company seeks public market visibility as it transitions Nova Scotia spaceport from “development to execution.”
Steve Walton’s 3C merges with UK’s Datalec to build full-service data centre platform
Former CoolIT CEO will lead 3C Datalec, which is planning new facilities in Calgary, Austin, and Warsaw.
U of T’s Citizen Lab exposes “nightmare” spyware hack that requires no clicks from users
Report alleges Israeli spyware firm targeted Al Jazeera devices with “AdFection” scheme.
Molagri raises $5.2-million USD seed round to bolster work on pesticides that “evolve”
Funding will support hiring more scientists and conducting field trials.
Canada invests $50 million into Canadian Food Innovation Network
CFIN will use funding to help processors and manufacturers adopt Canadian-made technology.
Cohere to acquire Czech AI cybersecurity firm Aisle, set up new cyber division
Deal will see Cohere deepen European presence with Prague office.
Feds make good on AI Strategy pledge with $500-million top-up for regional AI initiative
Total funding now sits at $700 million, with aims to support AI adoption and commercialization.
Bia Health raises $2.15 million for AI to reduce unnecessary medical interventions
Startup claims its program can help clinicians make better diagnostic decisions.