MaRS Discovery District launches new program for “high-growth” Canadian companies
The program is backed by existing FedDev funding.
Brampton angel group launches with support from Angel Investors Ontario, Altitude Accelerator
Angel Investors Ontario also hosting free education program for Brampton startups.
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
Nulogy raises $20 million to make collaboration easier for multiple companies in a supply chain
Nulogy is appealing trade secret misappropriation complaint against US client that was dismissed in 2022.
Birdseye raises $500,000 to help Shopify businesses automate marketing strategies using AI
Birdseye’s platform generates marketing plans with step-by-step instructions.
Coveo taps former Lightspeed, D2L exec Brandon Nussey to replace retiring CFO Jean Lavigueur
Incoming Coveo CFO previously led Lightspeed’s TSX, NYSE IPOs.
UBC, BC Cancer researchers develop AI model to predict cancer survival rates
The AI model can predict survival outcomes within six months, 36 months, 60 months.
Backed by Mark Cuban-led $2.4 million round, TransCrypts uses blockchain to help Ukrainian refugees access health records securely
TransCrypts is also expanding to help those impacted by earthquakes in Turkey.
Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction
Mercator helps business developers find leads in construction projects faster using AI.
Shopify enterprise merchants can now use Google’s AI tools to improve searchability
Google Cloud’s integration increases access to Google’s search and browsing technologies.
Mila, UNESCO warn against use of AI in “harmful contexts” in joint book on AI governance
Joint book addresses lack of accountability, transparency in AI training models.
Canada Drives undergoing restructuring as it files for creditor protection
“The rising costs of holding inventory…has made this specific business model no longer viable.”
BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs
Over 500 jobs are expected to be created from the investment.
BC government extends tax credit for digital media companies to cut employment costs
Minister of Innovation says tax credit will help nearly 250 companies in the province.
Shinydocs raises $16.25 million to make it easier to find buried files, media, documents
Shinydocs’ platform automates information management for organizations.