Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Toronto
Wealthsimple launches crypto investing for group retirement funds
Wealthsimple has launched a new cryptocurrency investment product, allowing for crypto investments through its group retirement…
Affinio to be acquired by NowVertical Group for $9 million CAD
NowVertical Group has signed a definitive agreement to acquire all issued and outstanding shares in Halifax-based marketing…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Former Twitter exec Kirstine Stewart joins Rivalry’s board of directors
Rivalry, a Toronto-based sports betting and media company, has announced that former Twitter executive Kirstine Stewart has…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Tokens.com purchases 50 percent of virtual real estate group Metaverse
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…
Twitter eyes Canada as product launchpad amid developer hiring spree
Throughout 2021, scores of global tech companies have signalled their intentions to grow their presence in Canada. Among these…