Tenstorrent secures $1.5 billion USD at $6.2-billion valuation to challenge GPU dominance
Canadian-founded chipmaker is betting that the future of AI inference is open-source.
Funding
Rozvelt built a high-tech mask for hunters. Defence buyers see something bigger.
Montréal startup secures $3.1-million seed round on interest from defence players.
McKinsey alumni raise $2.5 million USD to build AI for industrial manufacturers
Torontoâs Aerium has set out to build âthe next Siemens of the world.â
Molagri raises $5.2-million USD seed round to bolster work on pesticides that âevolveâ
Funding will support hiring more scientists and conducting field trials.Â
Canada invests $50 million into Canadian Food Innovation Network
CFIN will use funding to help processors and manufacturers adopt Canadian-made technology.
Feds make good on AI Strategy pledge with $500-million top-up for regional AI initiative
Total funding now sits at $700 million, with aims to support AI adoption and commercialization.Â
Google backs launch of cross-Canada cybersecurity training hubs
Cyber clinics will act like teaching hospitals for the digital age, giving new professionals real-world experience.
Calgary philanthropist donates $30 million to fund drone facility at SAIT
Bissett Autonomous Aviation Park will train and test autonomous aircraft as part of new diploma program.
Mecka AI reveals $60-million USD Series B round backed by Sequoia, Nvidia
Startup aims to provide the real-world training data required to deploy robots.
Athlete-led Endo launches with $815,000 to modernize sports agencies
Relay Ventures backs startupâs plan to close the endorsement âinformation gapâ with AI.
Reactiv acquires US-based competitor Kin
Acquisition brings in brands like Steve Madden and Chubbies, following startupâs unannounced seed extension round.
Software startup Polygrade emerges from stealth to build AI for home warranty claims
Former Setter, Sears Home Services leaders launch with $6.3 million USD in seed funding.
OSCP closes $6-million USD Series A round to power navigation without GPS
Montréal photonics startup aims to disrupt the IMU market with a smaller, more accurate alternative.
H2 Analytics secures $800,000 in FedDev funding to improve defence training platform
CEO says repayable funding will help the platform integrate new AI features and expand internationally.
Biossil hits unicorn status with new OpenAI-led financing
Toronto-based biotech raises $153 million USD to give discarded drug candidates an AI-assisted second chance.