Microsoft wants to double size of Maluuba’s Montreal office, donates $6 million to Université de Montréal for AI research
On the heels of its Maluuba acquisition announcement, Microsoft announced that it will be doubling the size of Maluuba’s…
Funding
CIRA investing $1 million towards projects that improve internet access
There are currently more than 2.5 million registered .ca domain names, and the Canadian Internet Registration Authority (CIRA)…
Report: Canadian entrepreneurs optimistic about economy, plan to invest $96.6 billion in their businesses
According to a report from BDC, Canadian entrepreneurs are optimistic about the economy and plan to boost their business investment…
UNB opens cybersecurity research hub with IBM partnership, $4.5 million in funding
The University of New Brunswick has opened a hub dedicated to research, training, and industry collaboration in cybersecurity.…
With $6 million Series A, Clearwater Clinical wants to scale its mobile hearing test solution
Ottawa-based Clearwater Clinical, which is developing mobile and cloud-based data management solutions for the hearing health…
Inbound Retargeting raises $400,000 for its super-targeted banner ad technology
A few months ago, Vancouver-based Inbound Retargeting Technologies, which operates as Retarget Links, announced that it acquired…
Klipfolio raises $12 million Series B to help SMBs get smarter about metrics
When Klipfolio launched in 2001, the Ottawa-based startup was very different than it is today. As the internet gained mainstream…
Following $500,000 43North win, Formarum suggests entrepreneurs can be part of rebuilding Buffalo
For the past three years, the 43Northcompetition in Buffalo, New York has invited startups from around the world to pitch for…
Appili Therapeutics raises $2.2 million to develop superbug-fighting antibiotics
Halifax-based Appili Therapeutics has raised $2.2 million in equity financing. According to a report from Entrevestor, Appili…
Delve Labs raises $1.5 million seed round to help companies fight cyber attacks with AI platform
Montreal-based Delve Labs, which develops vulnerability assessment software, announced $1.5 million in seed funding from Real…
Hopper raises $82 million Series C as it celebrates 10 million downloads
Montreal-based Hopper, a mobile app that analyzes and predicts airfare, has secured an $82 million Series C. The Series C was…
Chefs Plate highlights sustainability focus after closing second tranche with InvestEco Capital
After announcing a $6 million Series B in September, Toronto-based Chefs Plate announced that it’s closed the second…
Today in government: Ontario launching open data initiatives in 2017, investing up to $4.5 million in Stereo D
In the past week, the Ontario government made two announcements as part of an ongoing effort to better embrace digital processes.…
Mojio raises $19 million Series A led by Amazon Alexa Fund, Deutsche Telekom
Vancouver-based Mojio has raised a $19 million CAD Series A in a round led by the Amazon Alexa Fund and Deutsche Telekom, a…
Versant Ventures and Bayer AG dedicate $295 million to stem cell therapy company with operations in Toronto
Bayer AG and Versant Ventures are dedicating $295 million ($225 million USD) to launching BlueRock Therapeutics, a stem cell…