Tag: inovia capital
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…
Summer camp for Canadian tech is back: Startupfest returns July 12-14
This year: more Premium Fests, Investor Match-Ups, fan-favourite Grandma judges, and BetaKit. Startupfest has announced its Big Picture Agenda, highlighting some of the major…
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy. The Toronto legaltech startup Rally has raised $10.9…
Québec attracted more venture funding than any other Canadian region in Q1 2023
Québec startups raised a cumulative $317.3 million in Q1 2023. Despite seeing a decline in venture funding both quarter-over-quarter and year-over-year, Québec attracted more…
Startup Montréal awards $400,000 to startups as FounderFuel reveals first revamped accelerator cohort
Both programs award seed funding and mentorship support to tech founders. Montréal-based FounderFuel and Startup Montréal have unveiled the startups participating in their…
Real Ventures partners with Panache, Inovia to relaunch FounderFuel accelerator
Longstanding venture-backed startup program goes national with hybrid approach. Real Ventures-led venture-backed startup accelerator FounderFuel is returning this spring for the first time in…
Former Google ad chief’s Neeva launches its ad-free, privacy-conscious search engine in Canada
Neeva, an advertising-free search engine that claims to preserve user privacy, is launching in Canada. Sridhar Ramaswamy, the ex-SVP of ads at Google, and…
CommerceBear raises $10.5 million USD to modernize outdated furniture e-commerce market
CommerceBear wants to create easy access to channels like Wayfair. Sam Vlessing grew up on the factory floor of his family’s furniture business. As…
WorkJam closes $50 million USD round co-led by Inovia, Fonds FTQ
WorkJam’s platform is geared towards supporting the frontline workforce. Frontline workforce management startup WorkJam has secured $50 million USD in a Series D round…
Québec venture funding faced a perfect storm in Q3 2022
A flurry of headwinds pummeled Québec’s tech sector into its lowest investment quarter in three years. Venture funding in Québec’s tech sector fell to…