Despite COVID-19, Ontario AI ecosystem continues growth trajectory, report finds
The Vector Institute’s second annual snapshot of Ontario’s artificial intelligence (AI) sector has found that despite the…
Toronto
Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Wealthsimple launches crypto investing for group retirement funds
Wealthsimple has launched a new cryptocurrency investment product, allowing for crypto investments through its group retirement…
Affinio to be acquired by NowVertical Group for $9 million CAD
NowVertical Group has signed a definitive agreement to acquire all issued and outstanding shares in Halifax-based marketing…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Former Twitter exec Kirstine Stewart joins Rivalry’s board of directors
Rivalry, a Toronto-based sports betting and media company, has announced that former Twitter executive Kirstine Stewart has…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Tokens.com purchases 50 percent of virtual real estate group Metaverse
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…