The program giving global founders a reason to build in Canada
ventureLAB’s Canada Catalyst launches startups into a world-class HardTech ecosystem.
Ontario
MesoMat expects smart rubber to hit the road around the world as it builds out commercial tire-monitoring platform
McMaster spinout raises seed funding to build out its sales and commercial operations.
The can’t-miss events at Saskatoon Startup Week and Ottawa Innovation Week
Must-attend events include AccelerateOTT on June 12 and Saskatoon’s Fail Fest on June 13.
Government-backed program aims to help Canadian non-profits adopt responsible AI
RAISE hopes to make Canada a leader in AI for charities and social impact causes.
American chip giant AMD to acquire Untether AI team
AI inference chipmaker to cease supporting its products and shut down.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
Rails launches hybrid crypto exchange after raising $14 million USD in token warrant sale
Toronto and Miami’s Rails claims to provide self-custody without sacrificing performance.
CarbonCure and VerticalScope replace founding CEOs as #CDNtech companies see turnover at the top
Adlib Software and Scope Technologies also recently shuffled the C-suite.
American gig giants Instacart and Uber add Canadian executives to top leadership positions
Chris Rogers tapped to lead Instacart as CEO, Uber appoints Andrew Macdonald as global president and COO.
Xanadu touts another advancement toward scalable quantum computing
Startup’s researchers generated error-resistant photonic qubits on a single chip for the first time.
Google allocates $13 million in funding to strengthen Canada’s AI workforce
First Nations Technology Council, Skills for Change, Toronto Public Library named as recipients alongside Amii.
Former Raptors star Jerome Williams newest teammate of community connector Swiirl
Startup helps brands connect with community and student creators for social impact.
Zown expands homebuying app into the US after early Canadian success
The company believes a California expansion will help it go “anywhere.”
Amid AI proof-of-concept fatigue, Cohere co-founder urges potential customers to keep the faith and focus on ROI
Ivan Zhang says AI firms have their work cut out winning back clients “burned” by failed pilots.