financing

University of Toronto establishes AI research chair to recruit the next Geoffrey Hinton
Google and U of T are each committing $10 million to support this position. With funding from Google, University ...

Morphocell rounds out Series A at $50 million USD to accelerate liver regeneration tech
The Montreal biotech is securing another $10 million in funding led by Investissement Québec and CDP Venture Capital. Montreal-based ...

Canadian governments open arms, and wallets, to US chipmakers
The federal, Quebec and Ontario governments are promising millions to IBM and Marvell's Canadian semiconductor projects. Canada will soon ...

Versos offers copyright-cleared data to help AI generate videos, not lawsuits
As artificial intelligence companies face copyright pressure, marketplace Versos is offering tracked, rights-cleared video. How the tech giants love ...

Feds commit $42.5 million to expand AI compute infrastructure at University of Toronto
The funding will help researchers across the country train AI models with billions of parameters. The Government of Canada ...

Ottawa startup Augmentt lands $18 million to help safeguard cloud software for SMBs
Former N-able executives are eager to help MSPs manage SaaS application security. Software startup in Ottawa Augmentt has closed ...

MedReddie helps hospitals spend less time shopping. It just raised over $2 million to go global
Cara LeBlanc knows a thing or two about purchasing headaches. Immediately after graduating, LeBlanc worked for over a decade ...

Team of Toronto talent unites after Y Combinator to build Clado
Clado has raised US$2 million for its artificial intelligence platform for mass recruitment. Five of TreasureThe team members went ...



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