Cohere announces $270-million USD Series C from Inovia, Nvidia, Oracle, Salesforce
Led by ex-Google researchers, OpenAI rival Cohere aims to help firms adopt generative AI.
Toronto
Soar reveals its Indigenous entrepreneur-focused accelerator’s first cohort
The program is delivered in partnership with Square, BDC, and Futurpreneur.
York University partners with OneEleven to launch joint venture studio for new tech MBA degree
York’s Schulich School of Business is set to launch the program this fall semester.
Rhino Ventures leads Twig Fertility’s $8 million Series A to improve fertility experience with tech
Twig is developing a proprietary platform to optimize treatment plans and opening more clinics in Canada.
Interac appoints Jeremy Wilmot as new president and CEO
Interac is set to serve as exchange provider for Canada’s RTR system.
As crypto markets consolidate, Bitbuy debuts new staking offering
Shakepay also joins the list of regulated crypto platforms in Canada.
With Collision nearing a one-year Toronto extension, efforts are mounting for a West Coast alternative
Vancouver group advocates for Collision, as SAAS NORTH organizers look to offer a locally run alternative.
Doormat raises $1.25 million to make real estate legal services easier
Doormat is currently available in Ontario and plans to expand into British Columbia and Alberta.
PSG makes investment in Hostaway to expand its vacation-rental software amid travel rebound
Sources indicate PSG took majority ownership of Hostaway as part of the deal.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
Wingmate secures $1 million CAD to market and sell its lead-generation app for frontline staff
Wingmate aims to make “sales and service a team sport,” giving incentives to field staff to chase down leads.
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.
List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms
Mara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others.
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.