Nanoprecise closes Series C to predict industrial equipment failures with AI
Edmonton startup nabs $36 million USD to bring its tech to Southeast Asia, Latin America, Africa.
edmonton
New Turing Award winner Richard Sutton calls doomers “out of line,” talks path to human-like AI
Sutton joins Canadian peers Yoshua Bengio and Geoffrey Hinton in winning “Nobel Prize of computing.”
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
Luge Capital, Pender Ventures hire in Alberta following investments from AEC
Luge adds investor Chelsea Gillett from The51, Pender adds associate Jacob Grainger from Plug and Play.
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
New funding for Kepler and Wyvern headline busy month in Canadian space tech
Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency
Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.
Emissions Reduction Alberta commits $44.4 million to 21 cleantech projects
Startups such as Wyvern and Arolytics received funding from ERA’s Emerging Innovators Challenge.
Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees
Some roles are being consolidated to its Toronto office to “better align” resources, company says.
Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
Toronto’s lead over other Canadian cities continues to widen in new startup ecosystem rankings
Canada retains fourth place in global rankings, but slips further from the three leading nations.
Accelerate Fund III backs Care Group as it looks to expand mental healthcare platform into new markets
The startup is looking to expand across Canada and the United States starting later this year.
Ecosystem Spotlight: Alberta tech is striking gold
CIBC Innovation Banking’s Joe Timlin on the province that’s punching above its weight.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.