Toronto’s Cognota has acquired New York City-based Learnexus, another startup developing learning and development (L&D) technology for large enterprises. Neither company shared the financial terms of the transaction, which closed earlier this month. Cognota founder and CEO Ryan Austin said the deal expedites the startup’s plans to help large enterprises not only manage their internal…
BY THE OPTIMIST DAILY EDITORIAL TEAM When the afternoon heat hits, and you’ve already had six glasses of water, sometimes the last thing you want is another sip of the plain stuff. Summer is when hydration actually matters most because the heat and humidity push your body to sweat out fluids and electrolytes faster than…
BY THE OPTIMIST DAILY EDITORIAL TEAM For years, the conversation around coral reefs has been threaded with grief. Bleaching events, rising ocean temperatures, one crisis folding into the next. The reefs have become a kind of shorthand for what we stand to lose. A new global analysis is pushing back on that, and not with…
Restaurant and hospitality associations from across Canada are calling on an Ontario court to force XTM to repay the debts it owes to business operators stemming from the collapse of its EveryDay Payments platform. On June 24, representatives from the BC Restaurant and Foodservices Association (BCRFA), Ontario Restaurant Hotel and Motel Association (ORHMA), Manitoba Restaurant…
Superhuman, formerly known as Grammarly, has acquired GPTZero, an AI detector that checks for large language model (LLM)-generated content across the internet. The two companies, both with Canadian roots, announced the deal on Tuesday, a combination they said is meant to build the internet’s “authenticity layer.” While Superhuman’s platform already has AI detection capabilities, the…
Vancouver-based market research technology company Klue recently experienced a customer data breach thanks to an old, jeopardized credential. The news: Vancouver-based Klue sells business intelligence software that helps salespeople at other tech firms gather information on competitors and win deals. In a community update initially shared last week, Klue said it identified unauthorized activity affecting…
Manitoba is preparing to expand the 17-Wing Winnipeg air force base, a project Premier Wab Kinew says was made possible by the Province’s decision to say no to large data centres. The news: Manitoba’s government announced Tuesday that the air force base expansion will include construction of a substation connected to Manitoba’s hydroelectric grid, increasing…
When inclusivity-focused employment platform Enabled Talent launched last year to make every job disability-inclusive, that didn’t really include self-employment. Now it does. This year, the Brampton-founded, now Sudbury-based company will launch the Canada Disability Entrepreneurs Network (CDEN), an accelerator-like program meant to help disabled Canadians become entrepreneurs by providing community and mentorship, as well as…
New data from RBCx indicates that Canada has seen a “sustained decline” in early-stage technology startup funding since the start of 2025, including a particularly rough Q1. RBCx recently tracked the fundraising activity of over 700 Canadian-headquartered pre-seed and seed companies across a two-year period. It found that 61 startups closed nearly $190 million CAD…
Last fall, the federal government finally passed the remaining legislation to bring a consumer-driven banking framework into effect. Commonly known as open banking, the system aims to give consumers more control over their financial data and allow FinTech firms to offer more products without relying on risky data-sharing practices like “screen-scraping.” The model’s defenders argue…
