Marzieh Fadaee promoted to head of Cohere Labs
Fadaee takes over for Sara Hooker to lead the AI company’s research lab.
Toronto
White Star Capital wants to lead Canadian seed rounds with new $50-million USD fund
The VC firm has closed $25 million USD to back more early-stage Canadian software startups.
FedDev Ontario pledges millions to support Black entrepreneurs
The $2.4 million CAD will support the Black Entrepreneurship Alliance’s incubator programs.
“Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype
On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity.
NordSpace’s rocket launch thwarted by faulty safety system, weather delays
Attempt at delivering the first Canadian commercial rocket launch delayed until at least September.
Bench IQ raises $7.3 million CAD for AI platform analyzing judicial rulings
CEO’s previous company still in litigation with Thomson Reuters over 2020 copyright case.
Astrus announces $11 million CAD to automate semiconductor design with AI
Astrus aims to tackle a remaining bottleneck in chip design: analog circuits.
Cohere president Martin Kon stepping down, remains “key member” of the team
Enterprise AI company recently added former Meta, Uber execs to its C-suite.
Wealthsimple acquires Fey to bolster its investment research capabilities
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year.
Leaders from Shopify, 1Password, Carbon6 to unpack the biggest exit opportunities at TechExit.io Toronto
On Oct. 21 at the MaRS Centre, TechExit.io Toronto puts every exit path in play.
NASA will hold its 2025 Space Apps Challenge in Canada starting October 4
Hackathon has a wide audience solving Earth and space challenges using real data.
Caseware replaces the majority of its C-suite as AI comes for the accounting tech stack
CEO David Marquis said he’s focused on “what’s required to win in the future.”
Federal challenge grants Photonic and Xanadu funding to advance quantum defence tech projects
Quantum computing firms among the 19 semi-finalists in latest DND-led IDEaS challenge.
Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal
Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals.
MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto
Toronto became home to the pharma giant’s first innovation space outside of the US in 2016. Now it’s leaving.