Borealis AI opening Montreal lab with Jackie Cheung as academic advisor
RBC’s Borealis AI is opening an AI lab in Montreal, with McGill University’s Jackie Cheung as academic advisor…
Montréal
Ridesharing app Facedrive launches with CO2 emissions reduction plan
Facedrive, a new Toronto-based ridesharing service, has officially launched an app that estimates the CO2 emissions for each…
Dax Dasilva on buying out investor Accel to deter Lightspeed acquisition
On the latest episode of BNN’s The Disruptors, Dax Dasilva, CEO of Lightspeed, discussed how the company grew to one of…
Element AI launches $57 million AI fund with SK Telecom, Hyundai
Element AI has launched a $57 million CAD AI fund with SK Telecom, Hyundai Motor Company, and Hanwha. The fund will target…
Canadian gov’t invests $2.2 million in environmentally-friendly microchips
The Government of Canada has announced a $2.2 million investment into Montréal-based tech company Spark Microsystems to develop…
Great West-Life piloting Dialogue’s employee healthcare platform
Winnipeg-based Great West-Life is partnering with Montreal-based Dialogue to offer a virtual healthcare platform in its group…
Desjardins wants to invest $500 million over five years in Quebec-based SMEs
Desjardins has announced the creation of the Desjardins Capital SME fund, which will be managed by Desjardins Private Wealth…
Real Ventures announces new COO and Director of Communications
Real Ventures has announced the addition of two new roles in an effort to expand the reach of its work. Roula Zaarour is the…
Applications open for Ecofuel Accelerator Spring 2018 cohort
Montreal-based accelerator Ecofuel is looking for its Spring 2018 cohort. The accelerator will be recruiting early-stage clean…
Web.com acquires Montreal-based Acquisio
Web.com Group, Inc., a global Internet services and online marketing solutions company, announced that it has acquired Acquisio,…
Breather announces Corporate Rewards partnership with Air Canada
Breather, which provides access to on-demand meeting spaces, has announced a partnership with Air Canada today that will offer…
Covera raises $1.5 million to help customers overcome boring insurance shopping
Montreal-based Covera, which has a platform that finds annual insurance rates for customers, has raised $1 million in its seed…
Security workforce manager TrackTik raises $7 million
TrackTik, Montréal-based security workforce management platform, has received $7 million in funding. The startup is backed…
Lightspeed raises $207 million Series D as company preps for IPO
Montreal-based Lightspeed has raised $207 million Series D round. The round was led by Caisse de dépôt et placement du Québec…
Today in company updates: Bridgit announces new CRO, Element AI brings on key hires
This week, several startups have made announcements launching new features and partnerships. Here’s the latest on company…