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.
Ontario
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.
Dialogue acquires IP, other assets of fellow digital health platform Koble
Deal is hoped to strengthen Dialogue’s support for women’s healthcare.
Initiatives from R-LABS, OCI call for a tech-first approach to solving Canada’s housing challenges
Ontario orgs commit to funding proptech, construction tech startups and projects.
RealSage closes $5.5 million CAD to fuel growth of AI-powered real estate software
Proptech firm aims to serve more multi-family rental housing providers south of the border.
Waabi to use Nvidia chip to power autonomous trucking solution
Toronto startup has also launched a model it says can reason in 3D space and time.
NowVertical resolves dispute with founder, shareholder Daren Trousdell
Trousdell called for NowVertical’s board to be replaced in January.
Borderless AI launches from stealth with $27 million for HR assistant
AI-powered product can answer legal, finance, or tax queries in 170 languages.
Fusion Pharmaceuticals to be acquired by AstraZeneca for more than $2 billion USD
AstraZeneca says the deal marks “a major step forward” in its goal to transform cancer treatment.
Flosonics Medical raises $27-million CAD Series C to scale uptake of wearable ultrasound device
Startup’s FloPatch product measures blood flow for critically ill patients.
With $45-million CAD Series B, PocketHealth gears up to continue North American expansion, AI push
Startup adds Round13, Deloitte, Samsung to fuel efforts to help patients understand their medical images.
SEC orders Delphia to pay $225,000 USD for “false and misleading” statements about use of AI
Toronto startup one of two companies accused by US securities regulator of “AI washing.”