Ada opens machine learning centre in Israel, hires CPO
Israel’s growing AI market pulls in a Canadian unicorn.
Toronto
The DMZ, GroundBreak Ventures launch new proptech incubator program
Participating startups will receive $25,000 and 60 hours of mentorship.
Ecopia AI announces $8 million SDTC partnership to create 3D vector maps of Canadian cities
Project aims to support sustainability-related, net-zero initiatives.
As crypto crashes, WonderFi closes deal to acquire another regulated crypto trading platform in Coinberry
CEO describes collapse of unregulated crypto lenders as WonderFi’s “thesis playing out in real time.”
ACTO secures $23.5 million CAD as pandemic tailwinds increase demand for life sciences education
AstraZeneca is one of ACTO’s biggest customers.
Electric toothbrush startup Bruush files to go public on Nasdaq with $17.25 million IPO
Bruush agreed to pay Kevin Hart a fresh $1.5 million to be a celebrity endorser.
Andre De Grasse, Michele Romanow, George Sully added as Elevate Festival speakers
BetaKit will once again program Elevate’s AI and Money stages.
Fluence acquires SaaS startup Sturnis365 to expand European presence
Fluence’s second acquisition in six months gives the startup an end-to-end accounting solution.
International IT firm Globant opens office in Toronto, plans to recruit 200 people
Globant is looking to hire people with backgrounds in AI, gaming, blockchain.
Clear Blue Technologies secures up to $4 million from FedDev Ontario
Clear Blue’s off-grid energy systems have been deployed in 37 countries.
Customer alleges Vena Solutions “falsely asserted” SOC report was independently audited
Vena Solutions confirms an “issue relating to SOC reports.”
Wattpad launches creator monetization program with $2.6 million in writer stipends
Program will first roll out to English-speaking writers around the world.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021.
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
Financial services company makes $40 million equity investment, joins Canada Drives’ board.