ChannelLife Canada - Industry insider news for technology resellers

Venture Capital stories - Page 2

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Private equity-backed firms trail venture rivals on AI

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Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.
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OpenAI raises USD $122 billion in record AI funding

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OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
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Legora hits USD $100 million ARR as legal AI demand grows

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Legora tops USD $100 million ARR in 18 months as legal AI adoption accelerates across firms and corporate teams.
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Paysecure and Yaspa partner to link open banking platforms

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Paysecure and Yaspa team up to add open banking, fraud controls and account-to-account payments to merchants' checkout flows.
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Upwind hires ex-Facebook security chief Joe Sullivan

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Upwind taps former Facebook security chief Joe Sullivan to bolster cloud and AI strategy as it eyes enterprise buyers and rapid growth.
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Maisa named as one of Gartner's global Set Diamonds

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Valencia-based Maisa lands a place among Gartner's four global Set Diamonds as businesses seek auditable AI workers for regulated sectors.
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Kestra raises USD $25 million to expand workflow platform

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Kestra secures USD $25 million from RTP Global to launch Kestra 2.0, roll out Kestra Cloud and expand in North America and Europe.
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OpenFX raises USD $94 million to speed cross-border payments

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OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.
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London Tech Week unveils Deep Tech Stage for 2026 event

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London Tech Week to launch dedicated Deep Tech Stage in 2026, with AI, quantum, space and life sciences speakers.
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Earlyasset raises $2 million to tackle venture liquidity

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Earlyasset emerges from stealth with $2 million pre-seed backing to build infrastructure for broader private market share sales.
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FLORA launches FAUNA for creative teams with USD $52 million

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FLORA unveils FAUNA visual AI canvas for creative teams, alongside reusable workflows and Image Editor, after raising USD $52 million.
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AXL appoints Toronto AI Faculty Fellows to drive ventures

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AXL taps nine Toronto professors with Nvidia, Samsung and Adobe ties as inaugural AI Faculty Fellows to steer its venture studio portfolio.
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Harness ranked No. 24 on Fortune's innovation list

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Harness says its AI tools tackle the post-code bottleneck as it lands No. 24 on Fortune's 2026 innovation list, alongside rapid growth and new funding.
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Ferveret study says waterless cooling lifts AI efficiency

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Ferveret study with UCLA says waterless cooling boosts AI compute efficiency 15% and cuts training times while using no water.
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Canada founders urged to back home team on sovereignty

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Canada founders urged to buy local, back strategic start-ups and build resilient systems as speakers warn sovereignty talk is becoming too vague.
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Hapana rebuilds fitness platform after USD $7.25 million

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Hapana unveils rebuilt fitness software platform after USD $7.25 million Microequities-led round, targeting multi-site operators with AI tools.
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Harvey raises USD $200 million in AI legal funding

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Harvey wins USD $200 million as investors back its plan to turn legal AI from chat tools into workflow-running agents.
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Zapier & Rillet launch finance workflow integration

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Zapier and Rillet join forces to link ERP and 8,000 apps, aiming to cut finance teams' manual work in closes, approvals and reconciliations.
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Novee launches AI red teaming tool for LLM app risks

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Novee unveils an autonomous AI red teaming tool to probe LLM apps for prompt injection, jailbreaks and other emerging security flaws.
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Rocketlane raises USD $60m to expand AI services platform

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Rocketlane secures USD $60m Series C to accelerate global rollout of Nitro, its AI-driven professional services execution platform.