Tag: hardware
Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models. As companies race to adopt artificial intelligence (AI) amid chip shortages,…
Stuart Lombard, Ecobee founding CEO and president, announces retirement
Chief product officer Greg Fyke has assumed the role of president. In the 16 years since its founding, Toronto-based thermostat company Ecobee has helped…
As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support
New report comes after US commits $50 billion to its own domestic chip sector. The Semiconductor Industry Leadership and Innovation Canada Action Network (SILICAN)…
Why Korean car makers want Tenstorrent’s AI hardware
Getting nerdy with the Canadian hardware company attracting global interest. It’s not often you see a Canadian hardware company attracting significant strategic investment from…
With new funding, Astrus has secured $3.6 million CAD to date for its AI microchip design offering
Astrus wants to cut down the time-consuming analog microchip design process. Toronto-based Astrus, which uses artificial intelligence (AI) to speed up the microchip design…
Conexus, Emmertech alum Sean O’Connor joins TechBrew Robotics as CEO
TechBrew is an Emmertech portfolio firm that builds mushroom-pickling robots. Sean O’Connor, former managing director of Conexus Venture Capital and Emmertech, has joined Salmon…
HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics
HaiLa says funding will fuel R&D for its IoT chips and solutions. HaiLa Technologies has announced that it has raised a $10.35 million USD…
VentureLab appoints semiconductor industry leader Hugh Chow as CEO BetaKit
Hong Kong-born Chow sees room for VentureLab to extend itself globally. Hardware and semiconductor-focused Markham, Ont. tech hub VentureLab has found its next leader….
Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital
Smart home energy startup offers bidirectional EV charging. Montréal-based cleantech startup Dcbel has closed over $50 million USD in Series B funding to hasten…
Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round
Tenstorrent receives major backing from strategic investors ahead of planned Series D round next year. Toronto-based Tenstorrent, which builds computers meant to train and…