Canada

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

The Canadian federal government has unveiled the Canadian Sovereign AI Compute Strategy, outlining how it will allocate the $2 billion CAD committed in Budget 2024 to enhance AI computing power for researchers, startups, and scaleups.

Canada

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

Canada, United States

Tenstorrent closes $693M Series D and achieves $2.6B Valuation to tackle AI Hardware Market

Tenstorrent, a Canadian-founded and now US-based AI hardware company, has raised $693 million USD in a Series D funding round.

Canada

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

Montréal-based AI startup Nurau has raised $1.5 million CAD in a seed funding round led by Investissement Québec, with participation from ACET Capital and angel investor Sylvain Authier. The funding will support Nurau’s expansion into the US market, improve sales development, and enhance its AI-powered HR coaching platform, eCoach.

Canada

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Calgary-based healthtech startup OraQ AI has raised $2.6 million CAD in seed funding to advance its clinical decision support platform for dental practices. The round was led by AngelMD, with participation from the Centre for Aging + Brain Health Innovation, Startup TNT, and various dentists, physicians, and family offices.

Canada

Noble from Toronto secures $15M USD Series A to expand Digital Asset Issuance Platform

Noble, a Toronto-based Web3 startup, has closed a $15 million USD Series A funding round led by cryptocurrency investment firm Paradigm.

Silicon Valley, Canada, United States

Medeloop from Silicon Valley secures $15.5M USD to revolutionize Clinical Research with AI

Silicon Valley-based Medeloop, a platform designed to expedite clinical research using AI, has raised $15.5 million USD ($21 million CAD) in a Series A round. The funding was led by Canadian venture firm Inovia Capital, with contributions from Icon Ventures, General Catalyst, Maven Ventures, and others. This brings Medeloop’s total

Canada

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Canada

Canada

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

Tenstorrent closes $693M Series D and achieves $2.6B Valuation to tackle AI Hardware Market

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Noble from Toronto secures $15M USD Series A to expand Digital Asset Issuance Platform

Medeloop from Silicon Valley secures $15.5M USD to revolutionize Clinical Research with AI

Canadian Logistics Startup UniUni secures $42.2M CAD to accelerate US Expansion

Workorb secures $2.6M to enhance AI-Driven Solutions for Architecture, Engineering and Construction (AEC) Industry

Reactiv from Canada raises $7M CAD for AI-Driven Mobile Commerce Platform

Round13 Capital from Canada to acquire TIMIA Group for $6.5M to expand Financing Options

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Moment Energy secures $21.5M CAD to expand EV Battery Repurposing Operations

Sereact from Germany raises €25M to enhance AI-Powered Robotics for Logistics and Manufacturing

Aegis Energy secures €118M to develop Clean Energy Hubs for Commercial Vehicles in the UK

H2SITE secures €36M to tackle Hydrogen Supply Chain Challenges

The51 secures $51M to boost Food and AgTech Innovation

Teal Health secures $10M to launch At-Home Cervical Cancer Screenings