Michael Yang departs OMERS Ventures as pension fund refocuses on Canada in “strategic shift”
Canadian team members Saar Pikar, Laura Lenz take on new roles as US investment team shrinks.
Toronto
AI-powered 9-1-1 call screening startup Hyper exits stealth with $6.3 million USD
Yukon-originated startup founded by repeat Canadian entrepreneurs Damian McCabe and Ben Sanders.
Former Toronto Raptor Pascal Siakam dishes $50,000 in grants to winners of inaugural EdTech accelerator
NBA champion Spicy P teamed up with a panel of judges at the Siakam EdTech Engine Accelerator’s demo day.
Dig Insights acquires OneCliq to beef up market research tools with social media analysis
Toronto-based OneCliq says it gleans consumer sentiment from activity on Reddit, Instagram, and TikTok.
‘Canada’s edge in applied AI’ with Nvidia and Waabi leaders
Sanja Fidler and Raquel Urtasun discuss new AI frontiers and Canada’s role in reaching them.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.
Why Canada’s federal government keeps talking about quantum tech with Xanadu’s Christian Weedbrook
A federal push for quantum sovereignty comes at the right time for Xanadu.
Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno
Shiner calls Faugno “the right leader for where we’re going next.”
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Canada’s former open banking lead joins FinTech startup Brim Financial
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
Cohere to open South Korean office, expand AI offerings in Asia Pacific
Enterprise AI developer partnered with tech giant LG and South Korean government for AI diplomacy program.
Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator
Toronto-based company has raised $154 million since founding in 2023.