Sonder brand bought out of bankruptcy by TravelAI

Sonder brand bought out of bankruptcy by TravelAI

Vancouver-based agentic travel referral platform TravelAI has purchased the brand name of Canadian-founded alternative lodging platform Sonder out of bankruptcy.  The news: TravelAI announced on Monday that it now owns Sonder’s intellectual property, including more than 50 global trademark registrations and over 70 domain names, through a court-approved bankruptcy sale. Sonder’s operating business, properties, leases,…

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Semiconductor industry says Canada needs a better plan for sovereign silicon

Semiconductor industry says Canada needs a better plan for sovereign silicon

An industry group is asking the federal government to create a seventh pillar in the national AI strategy to support Canada’s semiconductor industry.  The news: Canada’s Semiconductor Council (CSC), which represents almost 60 Canadian semiconductor companies, has submitted a position paper to the federal government titled Sovereign AI Needs Sovereign Silicon. The position paper broadly…

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Tenor raises .5 million USD to build blockchain-based lending platform

Tenor raises $2.5 million USD to build blockchain-based lending platform

Québec City-based Tenor, which is developing a blockchain-based lending platform for asset managers and businesses, has raised $2.5 million USD ($3.5 million CAD) in seed funding. The news: Variant led the round, with support from fellow digital asset-focused investors like Nascent and existing backers Prelude, Coinbase Ventures, Lattice, Very Early, and undisclosed angels. This financing…

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