Xanadu and CMC among partners in academic quantum projects receiving $7.4 million in federal grant funding
Three quantum projects from professors in Québec’s Institut National de la recherche scientifique (INRS) are receiving $7.4 million in funding from the Natural Sciences and…
RetiSpec secures $13.8 million Series A to detect Alzheimer’s early through retinal imaging
Toronto-based RetiSpec has closed $10 million USD ($13.8 million CAD) in Series A financing to commercialize its technology that looks to detect neurodegenerative diseases early…
Airwallex continues Canadian expansion with Float partnership
Airwallex has partnered with Toronto-based corporate card and expense management technology startup Float. Airwallex officially launched its global payments services in Canada last year. The…
Looking for a job? Try a company that makes money
These days, when Anne Ngo sits down to interview a candidate, she gets questions about how her company thinks about runway and growth. The Director…
Nascent AI user research startup Cycle acquired by US blockchain platform Crossmint
Less than six months after its launch, Toronto artificial intelligence (AI) user research startup Cycle AI has been purchased by Miami-based enterprise blockchain platform Crossmint.…
BC’s Centre for Innovation and Clean Energy invests $7.6 million across nine companies following call for innovation
The British Columbia (BC) Centre for Innovation and Clean Energy (CICE) has invested $7.6 million in non-dilutive funding across nine companies, out of more than…
Cohere lays off five percent of staff a day after announcing $500-million USD Series D
Shortly after announcing $500 million USD in Series D funding, Toronto-based generative artificial intelligence (AI) startup Cohere laid off approximately five percent of its employees.…
Y Combinator grad Gumloop secures $3.1 million in seed funding to grow no-code automation tool
Vancouver-based Gumloop, which offers a no-code platform to automate workflows with artificial intelligence (AI), has secured a $3.1-million seed round. Gumloop is now looking to…
Giving Canadians a fair shake
In recent months, residents of British Columbia and Alberta might have noticed a brightly wrapped, modestly-sized blue caravan cruising the local streets. The “Shakemobile,” as…
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