Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO.
Toronto
Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service
Porta might just fill the frozen-pizza-shaped hole left by General Assembly.
Syzl crowned PITCH winner at Collision 2023 as other startups win cash prizes from The DMZ
The DMZ awarded $65,000 to startups at its Insiders Event prior to Collision’s start.
Tokens.com acquires Startup Slang to link in-game purchases to Shopify Plus storefronts
Tokens.com continues to bet on the metaverse for future revenues.
Jombone secures $1 million from FedDev to address industrial staffing needs
With this funding, Jombone wants to adapt its platform for the US market.
Loopio makes “difficult decision” to lay off nine percent of its team
The Toronto-based software startup made its first acquisition in May.
Vector Institute, Ontario Centre of Innovation secure combined $77-million provincial funding
OCI received $50 million from Ontario’s $107-million Critical Technology Initiative.
Shipping container marketplace Boxhub raises $12.4 million for global expansion
Boxhub said it has become popular with people making tiny houses and vertical farms.
Immigration Minister details strategy for attracting foreign tech talent, digital nomads
Work permits will be prioritized for entrepreneurs backed by VCs or angels.
Elevate and The Firehood receive $2.3 million in federal funding to train women leaders
Applications are open until July 5 for women investors and entrepreneurs to get a chance at a $100,000 prize.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
Canadian startups Oncoustics, OneCup AI among Google’s first North America-wide cloud accelerator cohort
Google piloted the cloud accelerator in Canada, then extended it to US startups this year.
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an…
Altis Labs closes $7.9 million CAD to evaluate cancer treatments using AI
Altis has worked with UHN, Sunnybrook to develop its cancer imaging database.
Paddy Cosgrave is not forcing you to come to Collision
Collision is here for a good time, perhaps not a long time. Web Summit’s CEO is having “a bit of fun” either…