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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.
Working groups resume April 14th, but open banking lead departs in September.
Incoming Coveo CFO previously led Lightspeed’s TSX, NYSE IPOs.
Its technology conducts AI-powered hyperspectral data analysis in real-time.
Aouameur’s strategic focus will be on profitability and positive cash flow.
Plus: Rewind cuts staff as Shopify growth slows.
Budget 2023 includes $500 million to SIF for cleantech projects, billions in clean energy tax credits.
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.
Startup sees employee action as missing piece for orgs looking to reduce emissions.
Plus: Jack Dorsey’s Block accused of facilitating fraud.
Ranovus investment part of a $100-million project to advance Canadian semiconductor manufacturing, production.
“Minister Bethlenfalvy and the Ontario government has listened to many of our members’ concerns.”
Plug and Play opened its first Canadian location in 2020.
The AI model can predict survival outcomes within six months, 36 months, 60 months.
“We’re very confident of our advance here,” says the CEO.
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
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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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Evan Solomon, leaders from Xanadu, Dominion Dynamics, Sentinel R&D got candid at Town Hall.
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Co-directors Julia Konefal and Mell Truong explain how TTW went from experiment to 600 events in just two years.
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After decades in public service, former defence minister Harjit Sajjan is now a defence-tech entrepreneur.
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The DIS adds clarity to Canada’s defence spending commitments, but not their outcomes.
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