Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure
Company can deploy more than 30,000 open-source AI models through a single API.
Funding
General Fusion prepares to continue its quest for commercial fusion power as a public company
BC firm lays out its vision for scalable fusion ahead of expected Nasdaq debut.
Alberta puts $91 million into Industrial Transformation Challenge
Challenge’s next iteration will focus on projects helping industry invest in the emerging technologies.
AI strategy pillars, new SMB procurement program revealed in Canada’s Spring Economic Update
However, critics say focus on trade and defence has left little attention for innovation.
Appetronix cooks up bigger robotic kitchen ambitions with Cibotica acquisition
Company says deal will support expansion beyond pizza-making robots into more cuisines.
Feds invest more than $8 million in defence production in Saskatchewan
Advanced manufacturing, AI drone command, and heavy-vehicle testing all receive support.
Serenity Power announces $1 million pre-seed investment
Led by Avatar Ventures, funding will aid in prototyping and expansion.
BDC’s new $500-million loan program will help smaller businesses adopt AI
The LIFT initiative offers loans of up to $5 million for businesses to buy AI applications.
Biossil exits stealth with $70 million USD to give failed medicines a second chance
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.
Carbonyx raises $1.2 million to turn mining waste into usable materials
CEO says true mission is to make carbon capture economically viable again.
A&K Robotics closes $8-million Series A round to put self-driving pods in airports
Vancouver-based company will use funding to move from pilots to permanent deployments.
ViewsML secures $4.9 million to help scientists virtually analyze tissue samples
Wittington, Mayo Clinic back startupâs plan to build worldâs first virtual biomarker library.
Canadian Strategic Missions Corporation takes one small step to support life on the Moon
Waterloo company wins grant funding for nuclear microreactor and water purification projects.
Edmonton businesses get federal funding to automate homebuilding, manufacturing
Several projects include a focus on automating workflows, integrating AI.
NorthX invests $2.2 million in trio of BC wildfire tech startups
Crwn.ai, Nova, and Skyward Wildfire Technologies have secured follow-on funding.