Pfizer
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H|T: The Healthtech Times – OMERS Ventures wants you to reset your expectations for healthtech investing

Plus: Pfizer Canada announces inaugural cohort of its Healthcare Hub. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around…

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Tenstorrent and Hyundai
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A|I: The AI Times – OpenAI employee secondary values company at least $80 billion

Plus: Why Korean car makers want Tenstorrent’s AI hardware. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data,…

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Prime Minister Justin Trudeau
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EDC report says Canada is struggling to convert startups to scaleups

Plus: Ripple Ventures plants flag in Vancouver as part of coast-to-coast Fund III. Welcome to BetaKit’s startup stories of the week! Here, you will…

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University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup
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University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup

The university plans to reinvest returns from the donor-fuelled fund into “future innovations.” The University of Alberta has launched a new donor-backed innovation fund…

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Movement51
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Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment

University of Alberta secured $4.25 million across three projects. Provincial funding agency Alberta Innovates is making a collective $13.6-million investment into 19 projects meant…

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Amii
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Alberta Innovates invests $30 million into Alberta Machine Intelligence Institute to spur research

New funding will attract investment and create jobs, says innovation minister. Alberta Innovates is injecting $30 million into the Alberta Machine Intelligence Institute (Amii)….

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University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform
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University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform

DrugBank wants to ‘be the shovel’ in a gold rush of new medical innovation. Training machine learning (ML) and artificial intelligence (AI) algorithms requires…

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