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…
Quebec
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…
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…
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…
Today in government funding: Quebec, cleantech, healthtech
Today in government funding, three organizations in Quebec received $415,000, a Burlington-based healthtech company received…
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…
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…
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…
Minister Ng shares plan to build capacity for women entrepreneurs as WES invests $3.2 million into Québec
The École des entrepreneurs du Québec has received a $3.2 million investment from the federal government’s Women Entrepreneurship…
Quebec’s Scale AI supercluster announces first four supply chain projects
The Quebec-based Scale AI Supercluster, one of five members of the federal government’s Innovation Superclusters Initiative,…
Desjardins launches $45 million fund to support FinTech startups
Financial services company Desjardins has announced a new $45 million FinTech investment fund, aimed to support startups that…
Quebec-based Supercluster Scale AI launches call for projects
The Quebec-based AI-powered supercluster, Scale AI, has launched a call for projects across Canada looking for industries to…
AI “experimentation bases” developer Bases.ai acquires SenseAI
Bases.ai, a company looking to create experimentation bases for other businesses wanting to use AI, has announced the signing…
Federal government launches $12 million initiative for Quebec incubators, accelerators
The Canada Economic Development (CED) for Quebec Regions is calling for proposals for its new Incubators and Accelerators Driven…
Wealthsimple, Freshbooks, Vidyard make Canada’s Top Small and Medium Employers 2019
Canada’s Top Small and Medium Employers is an editorial competition that recognizes the small and medium enterprises…