Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Toronto
Major media companies sue Cohere for alleged copyright infringement
Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.
Payfare defends Fiserv acquisition deal from minority shareholder dissent ahead of vote
The payments processor said undervaluation and conflict of interest claims were “misleading.”
Clutch recovers valuation and eyes growth with $50-million Series D round
Online car seller has gone through “fair share of existential crises,” but is ready to build again, CEO says.
Alexi secures $4.5 million in venture debt from TD to develop AI tools for litigators
Debt financing comes eight months after legaltech startup’s $15-million Series A.
Thomson Reuters launches second Corporate Venture Capital Fund with $215 million
TRV continues to target Series A investments in its legal, tax, and accounting focus areas.
Loopio’s Zak Hemraj shares tips for Canadian CEOs leading teams through “crisis after crisis”
CEO says leaders must help their employees stay focused at TechTO.
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
San Francisco-based Landbase taps Canadian roots with acquisition of LavaReach
Bootstrapped startup’s co-founders will join the AI-powered go-to-market solutions company.
Wealthsimple launches margin trading feature for eligible users
FinTech company provides resources to help users navigate risks associated with margin investing.
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.
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.