Feds unveil $358-million initiative to bolster Canada’s defence supply chain
Regional Defence Investment Initiative will be deployed by Canada’s regional development agencies.
Funding
Tracktile banks on Maritime hospitality to scale its operations software for “messy” manufacturing
Charlottetown startup raises $1.25 million to help complex manufacturers understand and control their business.
How Vive Crop Protection is helping farmers grow more, while using pesticides less
Canadian AgTech company just closed a $10-million funding round.
Xposure Music’s $42.5-million USD raise will help it spot the next generation of streaming music stars
Montréal music buyer uses AI analytics to bet on long-term indie music success.
CVC hits $30-million target for second Saskatchewan-focused fund
Conexus Venture Capital’s first fund made 17 investments in Prairies-based startups.
BC offers local businesses up to $500,000 to test early-stage tech innovations
Innovate BC has allocated $2.5 million to projects submitted by Dec. 21.
University of Toronto establishes AI research chair to recruit the next Geoffrey Hinton
Google and U of T are each providing $10 million to support the position.
Partage Club bets on the sharing economy with item-lending app
Montréal startup raises $2.1 million to expand across Canada and internationally.
Morphocell rounds out Series A at $50 million USD to accelerate liver regeneration tech
Montreal biotech secures another $10 million USD co-led by Investissement Québec and CDP Venture Capital.
Canadian governments open arms, and wallets, to US chipmakers
Federal, Québec, and Ontario governments promise millions to Canadian semiconductor projects from IBM and Marvell.
Versos offers copyright-cleared data to help AI generate videos, not lawsuits
As AI companies face copyright pressures, Versos marketplace offers traceable, rights-cleared video.
Feds commit $42.5 million to expand AI compute infrastructure at University of Toronto
Funding will help researchers across the country train AI models with billions of parameters.
Augmentt lands $18 million to help safeguard cloud software for SMBs
Former N-able leaders aim to help MSPs manage security across SaaS apps.
MedReddie helps hospitals spend less time shopping. It just raised over $2 million to go global
Digital platform helps procurement teams avoid “information overload.”
Team of Toronto talent unites after Y Combinator to build Clado
Clado has raised $2 million USD for its mass-recruitment AI platform.