Mila partners with AI Sweden to bolster AI R&D in Canada and Sweden
AI Sweden has established a physical presence in Montréal.
Montréal
Bank of Montreal commits $100 million to launch lending program for Black entrepreneurs
Black entrepreneurs can receive loans of up to $250,000.
Paper secures $343 million CAD with US schools drawn to its remote tutoring tech
Paper doubled the number of students on its platform to two million since last year.
Following recent merger, Startup Montréal announces program to spur late-stage growth
The Government of Québec has committed $6.5 million to the program.
Oncology innovators Canexia Health, Imagia merge, raise $20 million
Imagia CEO Geralyn Ochab will lead the combined companies.
Montréal Inc and Bonjour Startup Montréal merge, become Startup Montréal
The new org will have “a substantially greater impact,” says Startup Montréal.
Axya raises $3.9 million in seed extension to scale deployment of supply chain software
The initial round closed in March and raised $1.5 million.
Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics
PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.
Hiring roundup: Carbon Engineering, ACTO, WorkJam, Wishpond, Volta, Silicon Valley Bank
Here are six Canadian tech firms that have added new talent this year.
Amplify Capital closes $30.7 million for second fund, eyes Québec startups with Montréal office
To date, the MaRS spinout has backed 7 companies through Fund II.
Hopper now valued at $5 billion after $35 million secondary deal
Hopper recently expanded into Airbnb-style home rentals.
ClearEstate raises $16.8 million CAD to help the grieving deal with estates
Lead investor OMERS Ventures says “end-of-life products” deserve more thoughtful solutions.
Founder Dax Dasilva out as Lightspeed CEO
President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.
White Star and OMERS-backed Wrk wants to be “Uber for office tasks”
Wrk on a mission to automate the future of, well, work.
BKR Capital secures additional $4.5 million, announces first four investments in Black-founded tech startups
The fund backs Black-founded Canadian tech firms at the seed stage.