EDC leads $85-million financing of fast-growing credit card technology startup Brim
The deal is one of the biggest financings ever for a woman-led Canadian digital startup
Source: theglobeandmail.com
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China EVs rising, Tesla loses profit ground and Lyft preps for deep cuts
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Source: investineu.com
Springdale exploring AI to improve traffic flow on city streets
SPRINGDALE -- The Springdale City Council is expected to give a green light later this month for traffic signals that use artificial intelligence technology to help traffic flow through the city.
Source: nwaonline.com
Miovision, which helps cities manage traffic flows using AI, acquires Global Traffic Technologies for $107M, after raising $150M from Maverix, Telus, and EDC
Miovision Technologies Inc. has made a pivotal acquisition financed by three large Canadian technology investors, establishing the Kitchener, Ont., company as…
Source: biztoc.com
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Miovision greenlights transformative acquisition backed with $260-million from Maverix, Telus, EDC
Waterloo company’s core technology based on University of Waterloo project by CEO Kurtis McBride
Source: theglobeandmail.com