Launch alum closes $1.6 million to support healthier living with The Wellness Company | BetaKit
BDC, BKR, Launch back former Jason Calacanis associate’s consumer healthtech vision. After seven years in media and venture capital…
Tag: Toronto
Toronto World Model Startup Veeda AI Launches with $90M in Seed Funding
Insider Brief Veeda AI has raised more than $90 million in seed funding to build world models that create simulated…
Peripheral nets $8.7 million USD to bring spatial intelligence tech to sports | BetaKit
Deloitte Ventures, Inovia Capital back Toronto startup’s AI for live sports vision. Toronto-based AI startup Peripheral Labs announced on…
Convictional to shut down, return investor money, after AI-era pivot falls short | BetaKit
Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative. Kitchener-Waterloo-based technology company Convictional is…
Fisent Technologies raises $4.3 million USD to help enterprises automate AI use | BetaKit
Toronto startup’s revenue grew more than 200 percent last year amid economy-wide rush to adopt AI. Toronto’s Fisent Technologies…
Superwhisper partners with Cohere for all-Canadian voice-to-text AI | BetaKit
Cohere is partnering with fellow AI startup Superwhisper to have its transcription model power the Toronto startup’s voice-to-text dictation..…
Ramp fully launches in Canada alongside new Toronto office | BetaKit
New York-based FinTech enters a market currently held by domestic players like Float and Venn. New York City-based FinTech…
Vena Solutions set to acquire Morpheo AI in agentic capability push | BetaKit
Toronto startups combine to deepen the role of AI in financial planning and analysis. FinTech company Vena Solutions has…
Cohere joins Silicon Valley heavyweights in call for open-source AI | BetaKit
AI’s biggest players sign on to Jensen Huang letter supporting open-weight AI models—except for Anthropic. Canadian AI scaleup Cohere…
Pascal Siakam’s edtech accelerator awards three startups with $50,000 | BetaKit
It was the beloved former Raptor’s second year co-judging the DMZ co-hosted event. NBA champion “Spicy P” was back…
Tailscale catches AI tailwinds as it nears 40,000 paid business customers | BetaKit
New VP Mike Shaver to guide startup’s next phase amid AI agent recommendation boom. Toronto-based Tailscale is on the…
Kitematic founders nab $65 million USD to help devs run open-source AI locally with Ollama
The open-source AI developer tool has grown to nearly nine million users. Canadian-founded, Palo Alto-based software startup Ollama has…
What Canadian tech startups should know about AI in the workplace
Amid a “Wild West” for AI regulation, lawyers from Littler encourage companies to mind existing laws. AI is flooding…
Mecka AI acquires Docula as it builds the data layer for robotics | BetaKit
Three-person Canadian AI startup joining the majority-Canadian Mecka team. Mecka AI has acquired a Vancouver startup to help it…
How university-born healthtech research can make the leap beyond the lab | BetaKit
WearDOXX is part of YSpace’s effort to help turn Canadian research into globally competitive healthtech businesses. A good deal…
Superhuman, formerly Grammarly, acquires AI detector GPTZero | BetaKit
Two companies with Canadian roots want to build the internet’s “authenticity layer.” Superhuman, formerly known as Grammarly, has acquired…
Signal 1’s AI platform adopted by New York’s Mount Sinai Health System | BetaKit
Toronto startup will help the medical network monitor its AI use. Toronto’s Signal 1 has teamed up with New…
Questrade launches custom indexing as massive IPOs reshape the market | BetaKit
CPO says there’s demand for portfolio flexibility ahead of blockbuster IPOs from Anthropic and OpenAI. Maybe the SpaceX IPO…