Riskthinking.AI selected by OSFI to provide financial institutions with climate risk data
Exercise aims to encourage FIs to adopt sound climate risk management practices.
Ontario
IPON invests $4.6 million to build IP capacity at post-secondary institutions
IPON has made $6.6 million in investments in the last year.
Define Capital closes $20 million to acquire and nurture profitable niche software companies
New Toronto private equity fund aims to follow in Constellation’s footsteps.
Eirene raises $4.1-million seed round to simplify end-of-life solutions
Funding will support Eirene’s expansion into the US.
Cohere introduces new LLM for businesses alongside Microsoft Azure collaboration
Enterprise-focused OpenAI competitor is reportedly in talks to raise at least $500 million at $5 billion valuation.
Meet the Y Combinator Winter 2024 cohort startups with Canadian roots
W24 participants include Senso, DraftAid, AgentHub, GovernGPT, Datacurve, and more.
Innovation Factory and Haltech amalgamate to serve Hamilton, Halton area startups
The Ontario organizations have come together under the Innovation Factory banner.
Brim Financial closes $85-million Series C led by EDC to fund US expansion
FinTech firm fuels up to accelerate growth south of the border.
With latest funding and Scotiabank partnership, Willful sets its sights on profitability
After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces.
BeniPlus secures $1.1 million to simplify employee benefits
BeniPlus offers a wallet system for employees to allocate benefits depending on their needs.
Cohere’s Aidan Gomez talks scaling AI for enterprise, Vinod Khosla explores risk-taking at CIX Summit 2024
Opening night covered AI adoption, risk-taking in venture capital, and bipedal robots.
Helika launches $50-million accelerator for Web3 and traditional gaming studios
Helika secured $10.8 million CAD in Series A funding last month.
WonderFi responds as shareholders Kaos Capital, Mogo push for board overhaul
Kaos and Mogo want board changes. WonderFi claims Mogo wants control without paying a premium.
Tofu nets $1.2 million to fast-track hiring for tech startups
Company’s backers include Night Capital, Garage Capital, Wayfinder Ventures, Ritual Capital.
Ontario Budget 2024 tops up existing funds and innovation centres, allocates funding to healthtech procurement
Province hints that the OSC is developing new rules to support angel investors.