NowVertical resolves dispute with founder, shareholder Daren Trousdell
Trousdell called for NowVertical’s board to be replaced in January.
Ontario
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.”
Top Hat’s Maggie Leen appointed CEO two months after Joe Rohrlich’s quiet departure
EdTech firm has also tapped Larry Indovina for the new role of COO.
WonderFi to acquire Australian crypto trading licence as “solid foundation” for international expansion
After buying up several regulated Canadian crypto exchanges, WonderFi eyes down under for growth.
Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA
The funding is aimed at supporting research into sustainability and responsible AI development.
These three FinTech companies are hiring in Canada
Float, Moneris, PayPal Canada are tapping into the country’s wealth of talent.
DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
Biotech startup Noa Therapeutics raises $2.2 million in pre-seed funding
Pre-clinical startup discovers drugs that treat inflammatory diseases.
#Tech+Biz4SickKids launches with new name, lineup of Canadian tech ambassadors
Campaign aims to drive support from Canadian tech to support SickKids.
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.