Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform

Toronto SaaS startup Orna has secured over $1 million in a seed round led by WGG…

Québec’s innovation minister “not happy” with province’s R&D commercialization

Québec’s Minister of Economy and Innovation is troubled by the province’s productivity performance. Minister Pierre Fitzgibbon…

Penny AI raises $33.9 million CAD Series B to expand direct sales solution

Vancouver-based SaaS startup Penny AI has raised a $33.9 million CAD ($27 million USD) all-equity Series…

Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada

Memorial University (MUN) is set to launch two new initiatives, the Centre for Analytics, Informatics and…

Worximity secures $14 million for smart factory analytics tech

Montréal-based startup Worximity has raised $14 million CAD to further advance its smart factory technology that…

Flying Fish Partners appoints Tiffany Linke-Boyko as principal for Canada, secures $7.5 million from AEC

American venture capital (VC) firm Flying Fish Partners has appointed former Startup Edmonton CEO Tiffany Linke-Boyko…

Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering

Vancouver-based startup Fobi AI is set to acquire grocery couponing app Basket, which is owned and…

Applications close May 31 for Amii’s AI program for women and gender-diverse people

The Alberta Machine Intelligence Institute (Amii) has opened applications for the second edition of its Kickstart…

Vic.ai debuts AI-powered tool to optimize costs for enterprises

Accounting automation startup Vic.ai today announced a spend intelligence solution to help enterprises optimize their costs.Read…

TD chief AI officer, CDL-Toronto lead team up with health expert for new healthtech startup, Signal 1

Three Canadian technology leaders are coming together to launch a healthtech startup with $12.7 million CAD…