Tenstorrent founder reveals new AI chip startup Taalas with $50 million in funding

Toronto-based artificial intelligence (AI) chip development startup Taalas has launched out of stealth with $50 million…

Angel Investors Ontario’s long-term future is unclear as FedDev funding dries up

With its current government funding set to expire at the end of March and no new…

Midjourney competitor Ideogram closes $80-million Series A as it launches latest text-to-image model

Toronto-based artificial intelligence (AI) startup Ideogram has raised $80 million in Series A funding, as the…

QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers

QueerTech, a Montréal-based nonprofit that supports 2SLGBTQ+ tech workers and entrepreneurs, announced this week it has…

Four Canadian companies selected to Comcast SportsTech Accelerator

Four Canadian tech startups have been selected to join Comcast NBCUniversal’s 2024 SportsTech Accelerator.  The accelerator…

Helius raises $12.8 million CAD to help devs build blockchain apps on Solana

Toronto-based Helius, which has built a developer platform for crypto applications, has raised $12.8 million CAD…

As Techstars makes changes, the future of its Toronto accelerator is uncertain

Earlier this week, global early-stage technology startup accelerator and investor Techstars announced significant changes to its…

Ontario companies receiving $17.2 million in federal funding to commercialize quantum solutions

Twelve Ontario quantum tech companies are receiving a combined $17.2 million in repayable funding from the…

Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding

Toronto-based Armilla AI has raised $6 million CAD ($4.5 million USD) in seed funding to scale…

1Password acquires Boston-based device security platform Kolide

Toronto-based password management startup 1Password has acquired Boston-based contextual access management firm Kolide for an undisclosed…