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…
Quebec
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…
Quebec’s budget looks to fuel digital transformation, overlooks skills gap
Quebec Finance Minister, Eric Girard, delivered the 2019-2020 provincial budget at the National Assembly on Thursday, marking…
Flashfood, Loblaw partner in Quebec food waste reduction rollout
Flashfood today announced a partnership with Loblaw Company, making its program available in the grocery chain’s Quebec…