Canada
The latest startup and technology news coming out of Canada.
Cohere co-founder Nick Frosst thinks everyone needs to be more realistic about what AI can and cannot do
AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder…
Nathan Rosenberg, the founder of farm automation platform Farmblox, said if there is one thing to know about trying to sell technology to farmers, it’s that you can’t tell them…
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Legal tech Clio raises $900M at a $3B valuation, plans to double down on AI and fintech
Clio, a Canadian software company that aims to help law practices run more efficiently with its cloud-based technology, has raised $900 million in a Series F round that values the company at $3 billion. The valuation is nearly double the $1.6 billion valuation the Vancouver, British Columbia company achieved in…
Wittaya Aqua enables seafood farmers to consolidate existing data points across the seafood supply chain.
Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and been handed a CD? You’re not alone. Many radiologists still…
While North American VCs can see the potential value in backing European startups, it hasn’t been easy for firms to launch strategies.
Attentive.ai, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led…
Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization
Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of Wattpad. The…
Tack One, a Singapore-based startup, wants to help make sure your kids, elderly parents and pets are safe with AI-powered location technology. Today, the company unveiled its new generation of GPS…
For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Vancouver-based company, has been working on replicating the experience…
Funding to Canadian startups declined by 57% to $808 million in Q3 2023 from the previous quarter, per Tracxn’s Geo Quarterly report.
Pilot is a social travel hub that uses AI to help you plan, book and share trips
Pilot, a Vancouver-based startup, wants to become “the hub of global travel experience” and connect people via travel.
Plantiga Technologies’ AI-powered footwear sensor pod aims to reduce injury risks
Plantiga Technologies, a Vancouver-based movement analytics company, wants to help people improve rehabilitation and reduce injury risks through an artificial intelligence-powered monitoring sensor pod that can be embedded into shoes,…
A joint statement signed by regulators at a dozen international privacy watchdogs, including the U.K.’s ICO, Canada’s OPC and Hong Kong’s OPCPD, has urged mainstream social media platforms to protect…
At the outset, it may seem as if the lackluster state of the European venture market may have motivated OMERS’ exit, but it appears that wasn’t the case.
Ford is partnering with South Korean battery manufacturers SK On and EcoPro BM to build a cathode manufacturing facility in Quebec, Canada. The CAD $1.2 billion (USD $890 million) joint…
Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most of these financial…
HackerOne, a widely known bug bounty and penetration testing platform, is cutting up to 12% of its workforce as the global economic slowdown continues to impact the tech community. The…
The startup is building a machine, VitalOne, that can perform more than 50 blood tests and get patient results back in 20 minutes.
Tiny acquires HappyFunCorp, the prolific firm that’s built apps for Twitter, Amazon and more, for $30M
M&A and consolidation continue to be major themes in the tech world as companies look for their next steps in a tight market. That’s a trend impacting not just startups…
Quandri raises $8.5M Series A to bring process automation to insurance brokers and agencies
Robotic process automation (RPA) has been a buzzword for a while now, but most of the tools that try to help businesses automate their workflows tend to be generalists. Quandri,…
OpenAI has expanded the availability of its ChatGPT app for iOS users in India and more than 30 other countries — just a week after its launching it in the…
BrightDrop, the electric delivery van subsidiary of General Motors, has signed on supply chain logistics company Ryder as a new customer. Ryder plans to add 4,000 BrightDrop EVs to their…
Spotify’s still relatively new audiobooks service is expanding to Canada, the company announced today, bringing the experience to both English and French-speaking customers. Launched last fall, Spotify initially debuted audiobooks to…
One of the barriers to bringing cryptocurrency into the mainstream is the frequency of fraud in the space. Last year alone, more than $3.9 billion worth of crypto was “lost,”…
Synctera, a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, led the financing, which brings…
When we talk about e-commerce logistics, we think of an industry controlled by entrenched players like Amazon, FedEx and national postal systems. At the start of the pandemic in 2019,…
TikTok has been banned from government-issued mobile devices in Canada, the country’s Treasury Board announced Monday. Taking effect on February 28, this block follows similar actions taken by the European…
Do you have the desire, the expertise and the followers it takes to be a speaker at TechCrunch Disrupt 2023 on September 19–21 in San Francisco? Then heed this call…
Twitter is allowing cannabis ads to run on its platform in U.S. states where cannabis is legal and in Canada, according to the company’s blog and Axios. Twitter updated its…
