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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.
The Briefed.in deal is part of Communitech redefining its supports for startups.
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
Plus: Microsoft invests in Travis Kalanick’s CloudKitchens startup.
Applications for the new program are open until October 26.
Nicolas Rubbo is tasked with boosting the hub’s impact and profile.
Intel initially teamed up with Mila last April to accelerate drug discovery.
ProNavigator calls itself the “Google Search for Insurance.”
Plus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion.
Ideon’s platform enables mining companies to “drill less and discover more.”
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Plus: Netflix Hunts for Cost Cuts, From Cloud Computing to Corporate Swag.
Bright was initially named Cribcut and provided at-office haircuts and beauty services.
Plaid founders Zach Perret and William Hockey invested in Goldsky.
Just Eat cited the need to ensure sustainable growth.
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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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