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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: Google combines its competing AI research units.
Well aims to make at least 10 investments of at least $250,000 each.
The accelerator will support startups building AI applications in the cloud.
Both countries recently launched investigations into ChatGPT over alleged privacy breaches.
Export Development Canada and McRock Capital co-led the round.
After partnering with Intuit, Neo looks to land more embedded finance deals.
Plus: General Assembly sells its frozen pizza business.
RenoRun asked for extension amid “a high level” of interest from potential buyers.
Boomi has been building out its C-suite with locally based talent to lead the expansion.
Snap, now “Super,” raised funding from execs at Shopify, Ancestry, Substack.
Pender Ventures, Amplitude Ventures among recipients.
Plus: Canada’s new crypto rules: comply or leave.
Toronto startup uses imaging and AI to monitor crop production.
The hub will also house Thales’ North American cybersecurity centre.
Less than two years after the Toronto tech hub’s sudden closure and reopening, its managing director says the “turnaround…
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Waabi’s Raquel Urtasun and CCI’s Jim Balsillie came to Toronto Tech Week armed with data and predictions.
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The DIS adds clarity to Canada’s defence spending commitments, but not their outcomes.
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