When the UK government enlisted a prominent Canadian AI company to help revolutionize its public sector, Toronto-based Cohere was already well-known. Its Co-Founder and CEO,…
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Tag: Canada
Versaterm Acquires Texas-Based DroneSense for Over $100 Million
Ottawa-based Versaterm has acquired Austin-based DroneSense to integrate the drone management platform into its public safety agency solutions. The transaction is valued at over $100…
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Northern Ireland’s Gentle Approach Appeals to Canada
When Optiva, an Ontario-based telecom software company, started searching for the location of its first European Centre of Excellence, it discovered numerous options. Initially, major…
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Canada’s AI Safety Institute Commits $1 Million to UK Counterpart for Research Collaboration
Canada has partnered with an international coalition to fund a UK-based AI safety initiative, aiming for responsible AI development and rapid adoption. The Canadian government…
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Ontario Premier Doug Ford Terminates Province’s Contract with SpaceX’s Starlink
Ontario has officially terminated its $100-million agreement with Elon Musk’s satellite internet company Starlink, following Premier Doug Ford’s threat in response to proposed US tariffs…
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NGen Drives $108 Million Investment in Sustainable Manufacturing Tech
Next Gen Manufacturing Canada (NGen), the federally supported organization managing the Canadian Global Innovation Cluster for Advanced Manufacturing, has allocated $37 million CAD to a…
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Yaletown Partners Secures $100 Million in Initial Closing of Third Innovation Growth Fund
Vancouver-based venture capital firm Yaletown Partners has raised $100 million CAD in the first close of its third Innovation Growth Fund (IGF III), continuing its…
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AI bookkeeping startup Ceedar transforms customers into investors
While running a tech solutions agency, Connor Turland and Pegah Vaezi, a husband-and-wife team, became frustrated with bookkeeping options. “Our vision is to be the…
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Mara Renewables Secures $12.5 Million Investment from S2G to Launch Fish-Free Omega-3 Globally
Dartmouth, Nova Scotia-based biotechnology firm Mara Renewables has secured an additional $9.1 million USD ($12.5 million CAD) from Chicago’s S2G Investments to expand its algae-based…
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Canada Grants $14.6 Million Contract to Space Trio for New Lunar Rover Construction
The Canadian Space Agency (CSA) has allocated $14.6 million in contracts to three Canadian space technology companies for the development of a new Canadian lunar…
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