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Funding
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’s chatbot won’t stop talking about itself.
CEO: “We need to refocus our strategies to drive efficiency, growth and financial sustainability.”
Evidence Partners caters to more than 60% of the world’s largest pharma, medical device companies.
Plus: Layoffs across SaaS startups pile up.
CIBC pens data access agreement with Utah-based MX.
D-Wave’s stock price jumped as much as 30 percent on opening day.
Ray Newal, who has led firms in Canada and India, will spearhead C100’s international expansion efforts.
Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.
Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver.
Plus: Kirk Simpson, Peter Carrescia team up with an idea to disrupt the digital identity space.
Plus: Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups.
When the party winds down, the hangover is fast to follow.
Article and Mejuri have cut their workforces by 17 and 10 percent, respectively.
Uberflip laid off 31 employees.
Last year’s summit spanned three days and saw 1,000 registrants.
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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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The DIS adds clarity to Canada’s defence spending commitments, but not their outcomes.
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