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Electric vehicle maker Rivian elects Cohere CEO Aidan Gomez to board of directors
Rivian looks to integrate AI as it branches into more affordable models in the next few years.
1Password expands Extended Access Management platform with agentic AI security
Co-CEO says the rise of AI agents has created business security concerns.
FundThrough acquires American company Ampla alongside fresh Series B funding
Macroeconomic uncertainty inspired invoice factoring platform to raise $34.6 million CAD.
Latest Google for Startups Accelerator cohort makes AI de facto entry requirement
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
How Toronto Tech Week plans to host 10,000 people this June
From tweet to volunteer-run non-profit: inaugural Toronto Tech Week will feature over 100 events.
Vector Institute hires ex-TD, Thomson Reuters leader Glenda Crisp as president and CEO
Crisp replaces Tony Gaffney, who departed after less than half of a five-year term as head of the AI hub.
Online car retailer Clutch taps former Properly CEO Anshul Ruparell as CFO
Ruparell has spent the last year serving on Clutch’s board of directors.
Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership
After “intense” attempt to raise her own fund, Khera aims to back 25 to 30 deep tech startups with IRV.
PolicyMe eyes new insurance products, more big-name partners after raising $30 million over two years
Toronto insurtech startup is investing big in AI but cautious about implementation in “tricky” industry.
Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round
Cyclic now counts Amazon and Microsoft as backers after extending round for a second time.
Cohere doubles down on agentic search capabilities with new Embed 4 model
Agents will continue to be an important part of enterprise AI adoption, Cohere told BetaKit.
Xaba aims to make industrial robots smarter with $8-million CAD seed extension
Low-code software serves as a robot’s “synthetic brain,” according to the company.
Chamath Palihapitiya, Sanja Fidler among Homecoming headliners as Toronto Tech Week unveils event calendar
More than 10,000 people expected to attend over 100 events across five days in June.
Performance anxiety and access to capital top of mind for Canadian VCs
Closed-door discussions at CIX Summit Investor Forum showed Canadian venture taking a hard look in the mirror.