BDC Allocates an Additional $200 Million to Startups Innovating Technology for Traditional Industries

BDC Allocates an Additional $200 Million to Startups Innovating Technology for Traditional Industries

The Business Development Bank of Canada (BDC) is committing an additional $200 million CAD to support early-stage Canadian startups working on transformative technologies for traditional…

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Federal Government Signs New Agreement with Cohere to Explore AI Applications in Government Services

Federal Government Signs New Agreement with Cohere to Explore AI Applications in Government Services

Toronto-based AI firm Cohere has entered a new, non-binding agreement with the Canadian government to use its technology to “transform” public sector operations. The memorandum…

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Vendasta Unveils AI Agents to Deliver Enterprise-Grade Automation for Small Businesses

Vendasta Unveils AI Agents to Deliver Enterprise-Grade Automation for Small Businesses

Vendasta seeks to transform into an AI customer acquisition and engagement platform for small and medium-sized businesses (SMBs), leveraging the demand for artificial intelligence. Based…

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Tech Ecosystem in Markham Empowers Founder to Tackle Major Construction Bottleneck

Tech Ecosystem in Markham Empowers Founder to Tackle Major Construction Bottleneck

Two years ago, Lisa Mohapatra moved from Bangalore to Canada aiming to revamp a traditional industry. Her focus was integrating deep tech into preconstruction, covering…

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Queer Tech Founders Consider Moving to Canada Amid US DEI Rollback

Queer Tech Founders Consider Moving to Canada Amid US DEI Rollback

Mary Richardson felt overjoyed when her 2SLGBTQIA+-focused dating app, Bindr, received recognition at Montréal’s Startupfest in 2024. The event helped her connect with Vancouver’s Bradley…

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Friendlier Secures $4.5 Million to Aid Food Service Operators in Eliminating Single-Use Containers

Friendlier Secures $4.5 Million to Aid Food Service Operators in Eliminating Single-Use Containers

Guelph, Ont.-based cleantech startup Friendlier has secured $4.5 million CAD to expand its efforts in reducing single-use waste for food service operators. This funding round…

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Cohere: Canada's Leading AI Prospect

Cohere: Canada’s Leading AI Prospect

At 9:59 am ET on Thursday, the main story in Canadian tech was that domestic VC activity had fallen back to early 2020 COVID-19 levels.…

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Bankruptcy Documents Indicate Struggling Sales Pipeline Led to Uvaro and Lighthouse Labs' Downfall Post-Acquisition

Bankruptcy Documents Indicate Struggling Sales Pipeline Led to Uvaro and Lighthouse Labs’ Downfall Post-Acquisition

In January, Kitchener-Waterloo-based workforce training platform Uvaro acquired Lighthouse Labs, a coding school, making it a subsidiary. Seven months later, both filed for bankruptcy. Canadian…

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