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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: Meta, Google, OpenAI promise White House responsible AI development.
AI-powered auditing-tech firm adds new interim leader as CEO and founder depart.
Scaleup GAP was created in 2021 to bring more tech and business accelerators to Alberta.
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
An eight-year collaboration has ended in acquisition for the two Toronto healthtech startups.
As the security market shifts to cloud, Solink looks to scale.
Plus: Constellation Software acquires Optimal Blue, Vitruvi acquired by Bow River Capital.
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm.
Taking aim at “broken” US visa program was “best marketing Canada has ever done”: lawyer.
Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue.
The Toronto-based startup creates custom proteins for everything from medical applications to household products.
Investment in the region grew by 42 percent from Q1 2023, and 81 percent year-over-year.
Plus: Hutsy takes home two wins at Startupfest.
Plus: BC and Toronto venture funding bounced back in Q2 2023.
With: Dr. Theresa Johnson (Airbnb), Harper Reed (General Galactic Corporation), and Neha Khera (2048 Ventures).
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