The “Internet of Bodies” is here, and your body could be hacked
It’s not just cyberpunk sci-fi; online prostheses create new opportunities, but also risks.
Canadian Startup News
From the ashes of Ubisoft Halifax, an indie studio rises to revive Atlantic Canada’s gaming industry
Besszong is figuring out the mechanics of its debut game, and how to run a studio with no money.
Canada injects millions into AI research program amid “global war” for talent
A $24-million investment will support 20 new appointees to CIFAR’s AI Chair program.
Wealthsimple unveils new family and business products as it broadens banking push
At Wealthsimple Presents, company says it wants to be the platform for your entire financial life.
BEA wants to help co-founders LiinkUP at Toronto Tech Week
Co-Founder Connect lands in Toronto on May 28 to help engineer the perfect founder pairings.
Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Canadian angel investment falls to five-year low, but women investors gain ground
NACO says women now represent 40 percent of members in participating Canadian angel networks.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
Angel Investors Ontario joins CSCA as it makes new pitch for government funding
With its future still uncertain, AIO hopes the CSCA will help advance its mission nationally.
Lightspeed completes year one of transformation plan with revenue beat, earnings miss
Retail tech firm focuses on key markets with share price down 20 percent on the year.
N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
Toronto VC firm aims to raise $70 million to invest in more nascent tech startups.
Alberta partners with Amii to establish Health Innovation Lab
Lab will focus on integrating AI into provincial healthcare development.
Trane and BrainBox AI open Montréal lab to cut energy waste in buildings
Companies say emissions cut from AI systems will offset enviornmental cost of running AI.
Sagard spins up new $150-million USD AI fund
New fund will target companies helping accelerate AI adoption in financial services and other sectors.