Teachers’ Venture Growth leads round valuing StackAdapt near $2.5-billion USD
Reports indicate round is largely secondary like a previously undisclosed 2022 Summit Partners investment.
Toronto
MaRS appoints Grace Lee Reynolds as permanent CEO, adds board members
MaRS board member says appointees Helen Angus and Andrew Joyner bring expertise in public-private collaboration.
Waabi inks partnership with investor Volvo to develop and deploy self-driving trucks
CEO says deal gives Waabi next puzzle piece it needs for autonomous trucking at scale.
Boardy partners with Diversio in effort to make its AI more inclusive following email backlash
AI “superconnector” that sent unsolicited messages about users’ looks will now undergo inclusivity training.
OneVest closes $29-million CAD Series B led by Salesforce Ventures to fuel US expansion
FinTech startup aims to hire 100 employees over the next year.
Why Canadian commerce startups are building “live shopping” into their marketing plans
Connie Lo of Three Ships sold $20,000 in beauty products in the company’s first hour live.
Intuit is focused on letting the builders build
Greg Coulombe is hiring the next generation of technologists.
Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin
Toronto-based company says funding will support new thermal imaging, 3D visualization features.
AstraZeneca to invest $820-million CAD in Ontario facilities expansion
Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth.
Street Context acquired by American market intelligence firm BlueMatrix for undisclosed amount
Combined company will integrate authoring, financial data, and consumption analytics into one platform.
Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots
Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.
Canadian quantum commercialization and research projects get federal funding boost
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects.
Xanadu claims networking breakthrough with new photonic quantum computer Aurora
Aurora “marks a pivotal milestone” on the path to useful quantum computers.
Federal government provides $3.5 million for DMZ’s new Centre for Housing Innovation
New Toronto accelerator aims to help entrepreneurs develop solutions to housing supply challenges.
‘Is there life after acquisition?’ Canadian founders get candid at TechTO
Founders from eSentire, Sensibill, Fable, and Sprout Family shared their stories at MaRS on Jan. 13.