Robotics startup Sanctuary AI appoints former MDA exec as CEO
Interim CEO’s departure continues string of leadership changes at Vancouver-based startup.
Briefs
Five Eyes alliance warns of potential AI-powered cyber threat “crises”
Alliance urges strengthening of cyber defences before an incident escalates into major operational problem.
Float announces $85-million Series C round to support AI push
Fast-growing Toronto FinTech now serves more than 7,500 Canadian businesses.
Klue hack leads to customer data breach
CEO notes “a single compromise can ripple across many organizations” in modern software.
Manitoba premier says air force base expansion only possible thanks to data centre rejection
Province rejected proposals for a hyperscale data centre earlier this month.
Blossom Social raises more than $2 million through FrontFundr campaign
Funding will help the social network for investors continue its global expansion.
Wyvern selected for NASA satellite data program
Commercial Satellite Data Acquisition program will bring Wyvern’s hyperspectral imaging to NASA researchers.
Feds announce $173 million for Women Entrepreneurship Strategy
Funding will help bolster the strategy’s loan fund, ecosystem fund, and knowledge hub.
Signal 1’s AI platform adopted by New York’s Mount Sinai Health System
Toronto startup will help the medical network monitor its AI use.
Six-month-old Anchorbase closes $2 million USD pre-seed round
Payment automation platform plans to scale its engineering and product teams.
Qubic raises $2.5 million USD to commercialize quantum signal amplifiers
Two Small Fish-led seed round will help scale manufacturing of Qubic’s cryogenic amplifiers.
Former Quantum Industry Canada CEO joins US-based IonQ
Inaugural leader of QIC, Lisa Lambert, now IonQ’s managing director for Canada.
Sellit9 closes $4.1 million to help Canadians trade in old electronics
Startup helps consumers skip “marketplace drama” while avoiding price haggling and safety concerns.
“Bottoms-up” incubator Althra opens applications for third cohort
Eighteen startups in, Althra’s Boris Wertz says his bet on the Vancouver tech hub is playing out.
Canadian surgical AI startup wins VivaTech pitch contest
Reveal Life Science uses molecular vision to detect cancers during surgery.