Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech
Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.
Ontario
Koru helps unlock innovation in the classroom
Toronto’s tech community comes together to celebrate five years and solve real problems for Ontario schools.
Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants
Affirm has powered Shop Pay Installments for US-based merchants since 2021.
Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator
NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Local leaders launch Toronto Tech Week to accelerate city’s ambitions
New annual event financially backed by City, Google Cloud, and Shopify, with support of over 40 community partners.
Glassbox announces $1.65 million in funding to “reimagine the spreadsheet” for corporate finance
Ex-investment banker aims to help former peers build financial models faster with AI.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Major media companies sue Cohere for alleged copyright infringement
Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were “misleading.”
Clutch recovers valuation and eyes growth with $50-million Series D round
Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.
Shopify’s strong Q4 earnings complicated by Kanye West Nazi T-shirt controversy
The e-commerce firm has removed West’s store for violating its recently modified terms.
Alexi secures $4.5 million in venture debt from TD to develop AI tools for litigators
Debt financing comes eight months after legaltech startup’s $15-million Series A.
Thomson Reuters launches second Corporate Venture Capital Fund with $215 million
TRV continues to target Series A investments in its legal, tax, and accounting focus areas.
Loopio’s Zak Hemraj shares tips for Canadian CEOs leading teams through “crisis after crisis”
CEO says leaders must help their employees stay focused at TechTO.