DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
Ontario
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.
Minerva thinks it can stop the flow of dirty money faster with AI
Following Equifax partnership, anti-money laundering platform targets major FIs.
Intellectual Property Ontario finds permanent CEO in Dan Herman
Herman previously led ISED as executive director of innovation policy.
Ziing acquires Metroland Parcel Services from TorStar
Ziing looks to expand its Canadian delivery network with second acquisition this year.
Three Canadian startups earn spots in Google’s latest Women Founders accelerator cohort
MedReddie, SkyAcres, and Nimble Science represent Canada in the class of 2024.
McMaster University partners with Celesta Capital to support Canadian deep tech startups
Celesta will help McMaster-affiliated entrepreneurs commercialize their innovations.
Canadian tech leaders back new venture studio Simple Ventures
Wealthsimple, Shopify, Ada, Knix execs part of contingent backing studio run by CEO Rachel Zimmer.
Tenstorrent founder reveals new AI chip startup Taalas with $50 million in funding
Startup says one of its chips can hold an entire large AI model without requiring external memory.
Synctera secures $18.6-million Series A extension, launches new payments integration
Synctera launched its embedded banking platform for Canada in December 2023.
RBCx launches second edition of mentorship program for women in tech
The previously all-women mentorship roster now includes men.
Angel Investors Ontario’s long-term future is unclear as FedDev funding dries up
AIO appoints Mark Lawrence as interim head to steer the organization after departure of Jeffrey Steiner.