Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Funding
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Axis Auto Finance lands $15 million to roll out digital loan product
Axis Auto Finance Inc., a Mississauga-based lender that describes itself as a FinTech servicing the alternative auto finance…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
With $21 million CoLab aims to double size, enable manufacturing collaboration and communications
With its new $21 million CAD ($17 million USD) Series A funding, Newfoundland’s CoLab Software is set to double its 54 person…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
FTEX raises $485,000 to increase efficiency of electric vehicles through its motor tech
Montréal-based motor-tech company FTEX has raised $485,000 in a pre-seed, all-equity SAFE funding round that closed in August.…
Pani Energy raises $8 million to bring water treatment tech to global market
Pani Energy, a SaaS startup based in Victoria, British Columbia, has raised $8 million CAD in what the company classified as…
Pathway raises $1.6 million to make medical knowledge more accessible
Pathway, a Montréal-based Healthtech startup, has raised $1.6 million CAD in its first round of financing to bolster its clinical…
Thomson Reuters launches $100 million corporate venture capital fund
Thomson Reuters has unveiled a new, $100 million USD corporate venture capital fund, through which it intends to back innovative…
Top Hat founder Mike Silagadze shifts from EdTech to crypto investing with new DeFi fund
Top Hat founder and former CEO Mike Silagadze is turning his attention from digital education to crypto investing with the…
Offering a nanotech drywall alternative, Trusscore lands $26 million in Series A funding
Trusscore, a material science startup that makes sustainable alternatives for traditional building products, announced a $26…
Inovia Capital launches $416 million CAD continuation fund to stick with its winners until IPO
Inovia Capital has launched a new fund, dubbed the Inovia Continuity Fund I, L.P, to extend support to several high-profile…