NCC commits $22.8 million to 37 cybersecurity projects
Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.
Toronto
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.
Information VP forgoes fourth fund in favour of SPV-style investing
GPs attribute change to VC market conditions and personal factors.
Untether AI, Tenstorrent headline ventureLAB’s 2024 HardTech Summit
HardTech Summit takes place November 6 and 7 at the Toronto Marriott Markham.
Moselle secures $2.1 million CAD to help brands manage their inventory with AI
Highline Beta spinout wants to tackle a $1.77-trillion problem faced by consumer brands.
Toronto delivers for Uber’s tech team
Uber’s Canadian engineering hub is creating global products with the agility of a startup.
MaRS CEO lays out reset business model as innovation hub makes more cuts
Alison Nankivell targeting 50/50 split between public and private funding “in the next few years.”
BlueCat Networks to acquire San Francisco-based LiveAction from Insight Partners
Insight will remain a minority investor in the network intelligence solution.
Repeat founders return with $1.1 million to help AI SaaS companies launch API integrations through Unified.to
Pereira and Alexey Adamsky return with former CalendarHero colleagues and backing from LOI Venture and DevCap.
Elevate FinTech speakers tout need for customer-centric innovations
Deputy Minister of Finance says “we need to recalibrate our levers” regarding banking innovation.
Can Wealthsimple build Canada’s largest financial institution?
Ten years in, Wealthsimple is profitable with $50 billion in AUA. What comes next?
NACO launches fellowship program with national innovation orgs
Government-backed initiative to match founders with leaders at Interac, Loblaw Digital, National Bank, and more.
Nunafab, SnapWrite, Aruna Revolution among startups to score prize money at Elevate
Fourteen startups cashed in over $290,000.
Iris Booth appoints Shopify director Brandon Ghaeli as CEO
Ghaeli to replace founder Sue Siri following recent acquisition.
Fujitsu launches Cohere-powered Japanese LLM for enterprise use
Fujitsu invested in Cohere as part of a partnership to develop an LLM for the underserved language.