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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.
TIMIA looks to double loan book as cooling VC market creates “significant opportunity.”
Report: nearly 83 percent of Canadian private investment in climate tech leaves the country.
The DMZ awarded $65,000 to startups at its Insiders Event prior to Collision’s start.
Tokens.com continues to bet on the metaverse for future revenues.
Plus: Babylon will cease trading on NYSE, combine with MindMaze.
With this funding, Jombone wants to adapt its platform for the US market.
The Toronto-based software startup made its first acquisition in May.
PitchBook analyst: “It’s not going to be a six-month turnaround.”
Plus: Alibaba surprises with chairman and CEO replacement.
Shopify’s investments focus on funding the companies that support its merchant ecosystem.
The university was inspired by an emerging trend in the US, with schools like MIT.
OCI received $50 million from Ontario’s $107-million Critical Technology Initiative.
The network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors.
Boxhub said it has become popular with people making tiny houses and vertical farms.
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
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