Supercluster Scale AI has chosen 14 projects, invested $32 million since receiving funding
Scale AI has publicly invested more than $32 million to date into 14 projects, with the hopes of accelerating the adoption of artificial intelligence…
Quebec
Women, minorities still underrepresented in Montreal senior leadership despite increase: report
Women and minorities remain underrepresented in senior leadership roles in the Greater Montreal Area, despite an increase in representation within those roles, a study…
Digital Technology, ScaleAI Superclusters reveal latest projects
The Digital Technology Supercluster has announced its newest project, focused on water monitoring, revealing the organizations that are partnering to develop the initiative. Vancouver-based…
CDPQ commits $50 million to seed-stage funds in Québec
Quebéc-based institutional investment firm La Caisse de dépôt et placement du Québec (CDPQ) is committing $50 million in additional capital to seed funds within…
Voilà! raises $3 million for workforce scheduling software
Voilà!, a Québec-based scheduling and workforce optimization software startup, has received an investment of nearly $3 million. “We believe that if workers build their…
Mila receives funding, support from Borealis AI for climate change project
Borealis AI, part of RBC Institute for Research, has announced a new collaboration with Mila, the Quebec Artificial Intelligence Institute, to support Mila’s research…
The five Canadian startups competing in the IBM Watson AI XPrize
At the beginning of December, the global IBM Watson AI XPrize will announce its top 10 semi-finalists before heading into its fourth and final…
Element AI announces $200 million CAD Series B round
Element AI has closed a much-anticipated venture round, raising a $200 million CAD ($151.4 million USD) Series B from the Government of Quebec, pension…
Canadian, Quebec governments pledge $15 million to create AI centre in Montréal
The federal and Quebec governments have announced the creation of a Montréal-based international centre of expertise for the advancement of artificial intelligence as part…
Today in government funding: Quebec, cleantech, healthtech
Today in government funding, three organizations in Quebec received $415,000, a Burlington-based healthtech company received $2.1 million, and a cleantech startup received $2 million…
Venture capital investments hit record high in first half of 2019
Canadian venture capital investments in the first half of 2019 hit a record high of $2.15 billion, according to the Canadian Venture Capital and…
Kruger Biomaterials to upgrade plant with $2 million from federal government
Kruger Biomaterials, a company that generates cellulose filaments from wood fibres for industrial applications, has received $2 million from the federal government. “We are…
Scale AI receives additional $23.4 million from Quebec government
On Monday, it was announced that the Government of Québec had granted $23.4 million in funding to Quebec-based Supercluster Scale AI, one of five…