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FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.
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Funding
Montréal-based digital mortgage lender wants to speed up approvals using AI.
AI
Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
AI
Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.
VC
Crown corporation’s board chair says Hudon will help shape its next five-year strategy.
Defence Tech
Erin O’Toole wants Canadian innovators to seize the moment before it’s gone.
Plus: BetaKit has the exclusive on two new Canadian AI-focused VCs.
Float, Moneris, PayPal Canada are tapping into the country’s wealth of talent.
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
Startup offers hardware and software that provides real-time wind, wave, and weather data.
Plus: Vancouver looks to join the global big leagues of modern medicine.
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
The platform is backed by GitHub CEO Thomas Dohmke.
Platform led by CBC alumni reached over 70,000 users in 2023.
The acquisition values the workflow platform at approximately $150 million.
Plus: Travel perks platform Plusgrade gets a new major investor.
Program eligibility has also been expanded to include cleantech startups.
The Plenty of Fish founder first invested in Cymax in 2015.
Pre-clinical startup discovers drugs that treat inflammatory diseases.
Fund has closed over a third of $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs.
Plus: Feds intend to move on AI legislation without industry consultation.
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