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Category: Startups
Cohere Raises $500 Million at $6.8 Billion Valuation, Recruits Former Uber and Meta Executives
Toronto-based AI scaleup Cohere has secured $500 million USD ($690 million CAD) in new funding and appointed two former execs from Meta and Uber to…
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What Defines Humanity Post-AI Revolution: Muscle, Mind, and Heart
Throughout history, physical strength and craftsmanship were essential for career success. This changed with the Industrial Revolution when machines began replacing manual labor, making intelligence…
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Federal Government Invests $8 Million in Six Québec EV Battery and Charging Projects
The federal government is allocating $8 million to six electric vehicle (EV) battery and charging initiatives by Québec companies via Natural Resources Canada’s (NRCan) Energy…
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Klarna’s Q2 Losses Increase Due to Restructuring Charge
Klarna has reported a year-on-year rise in losses for Q2, with a net loss of $53 million due to a restructuring charge from reducing its…
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Italy’s Bending Spoons Secures Over €500 Million for Accelerating Tech Acquisitions
Bending Spoons, a technology company based in Milan, has secured over €500 million in debt financing to support its growth through acquisitions. The financing was…
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Fateless, Creators of Godforge, Secures $14M in Funding
Fateless, creator of the upcoming RPG Godforge, has concluded a second funding round, securing an additional $8 million, bringing its total funding to $14 million.…
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Archestra Secures $3.3M to Develop Safeguards for Enterprise AI Agents
London-based Archestra has secured a $3.3 million Pre-Seed round to develop an open-source platform enabling employees to securely connect generative AI tools with internal systems…
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Spaceline Labs Unveils Panthera: Near-Earth Stratospheric Monitoring System Launch
Danish aerospace startup Spaceline Labs has launched its stratospheric Earth observation platform, Panthera, from Andøya, Norway. Operating at altitudes of 18 to 50 km, Panthera…
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Landbase Acquires Adauris Team and Tech to Enhance AI Roadmap
American AI startup Landbase has acquired its second Canadian AI company this year. Landbase, based in San Francisco but founded in Canada, offers AI go-to-market…
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