In AI, it’s US vs. the world
Plus: This Canadian company almost hired an AI candidate. Canada strengthened economic ties with new global partners this week…
Tag: Toronto
Cohere to acquire Germany’s Aleph Alpha in sovereign AI play | BetaKit
Combined company will bear Cohere name with Aidan Gomez leading as CEO. Toronto-based AI scaleup Cohere announced Friday morning…
Biossil exits stealth with $70 million USD to give failed medicines a second chance | BetaKit
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers. Toronto-based biotech startup Biossil has exited stealth…
Common Wealth secures $12-million Series A to help deliver workplace retirement plans
The Toronto FinTech firm aims to make it easy and affordable to offer retirement benefits. Toronto-based FinTech startup Common…
Cohere goes Deutsch?
Plus: Hypertec is now a key Nvidia partner in Canada. Canada’s AI champion is reportedly considering going Deutsch. On…
Harmix was a profitable music startup, before AI tools tempted them to build something new
Startup raises $1 million to solve software fragmentation for SMBs. Toronto-based Harmix Group got its start building an algorithmic…
Motorola acquires AI-based 911 call screening startup Hyper | BetaKit
Deal comes less than a year after Hyper exited stealth. Toronto- and San Francisco-based Hyper, which uses AI to…
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse” | BetaKit
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market. Canadian technology investors are…
MaRS Impact Health returns to showcase Canada’s next big healthcare breakthroughs | BetaKit
Annual summit highlights Canada’s promising life science and healthtech startups on April 23. In one month, Toronto will play…
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI | BetaKit
Two Small Fish backs U of T spinout’s logging infrastructure technology. As AI agents put an ever-growing strain on…
Google for Startups Accelerator reveals 14 “AI-driven” Canadian cohort | BetaKit
Class of 2026 marks the first time 10-week program has hosted a startup from Sudbury. The Google for Startups…
NationGraph raises $18 million USD to bring AI to the black box of government contracting | BetaKit
Canadian co-founded startup is building AI intel platform for teams selling to governments. As large-language models get better at…
University of Toronto – Canada’s AI future and $100K in prizes: Entrepreneurship Week spotlights U of T’s innovation ecosystem
What do these three University of Toronto startups have in common? All have previously won top prizes at a pitch…
YSpace, York University open the door between Canada and Korea’s tech ecosystem | BetaKit
Agreements between the two tech economies will help founders access research, capital, and global markets. Canadian entrepreneurship and innovation…
Loop aims to make screen-scraping obsolete for business accounts | BetaKit
Toronto FinTech targets enterprise accounts as it waits for open banking. Toronto FinTech startup Loop is launching a new…
Mesosil’s infection-fighting dental tech gets FDA clearance | BetaKit
Green light lets Toronto-based startup’s technology be sold in US market. Toronto healthtech startup Mesosil has received clearance to…
Trust Science acquires Lenders API to build fraud defence system for lenders
Edmonton FinTech plans to integrate Toronto company’s solution into its decision-management infrastructure. Toronto-based fraud prevention platform Lenders API has…
Modem closes $4.4-million USD pre-seed round to help developers ship faster | BetaKit
Co-founders from Sentry, Cohere back Toronto startup’s AI product management platform. Before AI, software developers already had to contend…