Tag: announces
Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel. A duo of healthtech firms have announced an agreement in which Boston-based…
Ocean Supercluster announces $20 Million Investment in nine new AI-powered ocean projects
The funding brings the national innovation focus of AI to aquaculture and coastal cleantech. With the backing of the Pan-Canadian AI Strategy Program, Canada’s…
Scale AI announces $21 million for nine Canadian AI healthcare projects
The projects address a sector facing budgetary strain, high community needs, and a persistent labour shortage. At the ALL IN conference in Montreal, the…
Elevate announces CIX acquisition and new $2-million innovation challenge for youth mental health
Elevate kicked off this year’s tech and innovation festival on its main stage by announcing its acquisition of the Canadian Innovation Exchange (CIX) and…
Inovia announces $34-million CAD Discovery Fund for early-stage VCs BetaKit
Fund formalizes Inovia’s support for emerging managers as many struggle to fundraise. Montréal-based Inovia Capital has launched its first Discovery Fund, closing $34 million…
Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
Construction-vehicle company Caterpillar’s venture arm joined the round. Vancouver-based Novarc Technologies, which specializes in automated welding equipment using artificial intelligence (AI), announced it has…
Gateway announces affiliate marketing agreement with OLG
Gateway is among the biggest entertainment corporations in Canada that specialize in gaming, with 29 facilities located in Ontario and British Columbia, as well as…
Startup Train returns as Startupfest 2023 announces over $300,000 in prizes
Attendees from the Greater Toronto Area can board the Startup Train to get to the Montréal festival. Startupfest, a celebration of startups in Montréal,…
Cohere announces $270 million Series C from Inovia, Nvidia, Oracle, Salesforce
Nvidia founder: Cohere has made “foundational contributions to generative AI.” Toronto-based artificial intelligence (AI) startup Cohere, which competes against ChatGPT creator OpenAI, has announced…
Shopify cuts 20 percent of staff, announces sale of logistics division
“There’s no way to make this good news,” Shopify CEO tells employees in company letter. Shopify announced 20 percent cuts across the business in…