Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
Ontario
Interac acquires “key employees,” exclusive Canadian rights to payments personalizer Vouchr
Vouchr allows users to attach personalized multimedia notifications to money transfers.
Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
AI and Web3 startup Inference Labs secures $2.3 million in pre-seed funding
Startup wants to create an open-source AI inference market.
AutoAlign spins off from Armilla AI, launches firewall solution for LLMs
The solution guards against AI flaws while evolving alongside LLMs.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
Versaterm continues acquisition spree with purchase of Integrated Computer Systems
Public safety tech firm has acquired 10 companies since 2020.
Swtch Energy secures $27.2 million USD to continue deployment of EV chargers for multi-unit buildings
Round leader Blue Earth Capital said Swtch’s focus is a market opportunity to grow the clean energy economy.
Contango Digital Assets closes $5 million for “Blockchain x AI” seed fund
Backed by WonderFi CEO Dean Skurka, the fund seeks to support projects using both blockchain and AI.
DMZ receives $500,000 grant to expand Basecamp program for student entrepreneurs
To date, Basecamp has helped over 365 students launch 151 startups.
Well Health acquires 10 primary care medical clinics from Shoppers Drug Mart
Well says it will integrate digital workflows, patient engagement tech, and AI tools into the clinics once acquired.
Untether AI to collaborate with semiconductor giant Arm on smart vehicle solutions
Untether says its energy efficient architecture is needed to support next-gen vehicles.
Vidyard rolls out AI avatars after securing funding from EDC and existing backers
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”
Pinterest is on a Toronto hiring spree to scoop up AI talent
CTO Jeremy King says company aims to use AI and ML to make Pinterest more “shoppable.”
Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.