Coheres three co founders posing for a picture
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A|I: The AI Times – Cohere reportedly hunting for fresh funding as OpenAI passes $1B revenue pace

Plus: Xanadu, TMU to develop quantum computing educational program. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data,…

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Damien Steel, OMERS Ventures
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OMERS Ventures loses VC head in latest leadership turnover

Plus: Gambit Partners aims to take some risk out of early-stage investing. Welcome to BetaKit’s startup stories of the week! Here, you will find…

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Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
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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…

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PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects
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PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects

Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization. Through its Pacific Economic Development Agency of Canada (PacifiCan), the federal government…

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Canvass Analytics
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Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list

BenchSci, Vention among Canadian startups in the list. Four Canadian companies have cracked the first edition of CB Insights’ Advanced Manufacturing 50 list, which…

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