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MaRS hires entrepreneur and investor as its next CEO

Yung Wu, a University of Toronto alumnus who founded, scaled and financed multiple startups, has been named the new chief executive of the MaRS Discovery District – a key player in downtown Toronto’s rapidly expanding innovation and commercialization ecosystem. Currently chairman of early-stage investment firm NFQ Ventures, Wu said Thursday that he’s looking forward to his … Read More

U of T named Canada’s most innovative university

University ranked among top 30 public institutions worldwide by Reuters The University of Toronto is Canada’s most innovative university, according to an independent survey of top global post-secondary institutions by media giant Reuters. Known as the Reuters Top 100, the ranking “aims to identify and rank the educational institutions doing the most to advance science, invent … Read More

Vector Institute names its first president

Its creation was greeted with national and international media attention. Now, the Vector Institute has its first president and CEO: Garth Gibson, currently at Carnegie Mellon University in Pittsburgh. Gibson is recognized for his contributions to scalable computing research, which laid the foundations for some of the world’s fastest supercomputers. As a leader in advanced education, … Read More

U of T’s Deep Genomics raises US$13 million to fund expansion

Deep Genomics, an artificial intelligence-powered health startup co-founded by University of Toronto’s Brendan Frey, has raised US$13 million from a Silicon Valley venture capital firm. The startup, launched in 2015, combines artificial intelligence, or AI, and genomics research to help develop genetic medicines to treat a myriad of disorders – everything from autism to cancer. Frey, a … Read More

New Vector AI institute CEO Garth Gibson facing tough decisions

A new Toronto artificial-intelligence institute heavily funded by government and industry has hired its first chief executive. Toronto-born Garth Gibson will lead the Vector Institute for Artificial Intelligence, which has received $50-million from Ontario and $85-million-plus from more than 30 companies, including Shopify Inc., Magna International Inc., Canada’s big banks and U.S. tech giants including … Read More

Toronto-based Deep Genomics raises $16 million from Khosla Ventures

Toronto-based Deep Genomics has raised $16 million CAD in funding led by Khosla Ventures, according to a report from The Globe and Mail. Canadian astronaut Chris Hadfield and entrepreneur Michael Hyatt also invested in the company. Deep Genomics’ platform uses deep learning-based technology to help geneticists, molecular biologists, and chemists develop therapies. The company developed … Read More

AI startup Deep Genomics lands financing as it aims to ‘flip medicine on its back’

For more information, please visit the Globe and Mail’s main website.

Wearable assistive technology will hit the runway at Invictus showcase

Electronic glasses for the visually impaired — including people who haven’t been able to see their entire lives — will be among the 48 exhibits at this week’s Accessibility Innovation Showcase, an official event of the 2017 Invictus Games. The free, two-day showcase begins Monday and will feature new tech designed for people living with … Read More

U of T plays prominent role in what magazine dubs Toronto ‘tech revolution’

The latest issue of Toronto Life magazine dubbed Canada’s largest city “the new Silicon Valley” – and the University of Toronto is playing a key role. The magazine highlights several U of T researchers who have helped fuel Toronto’s tech revolution. They include: ●  U of T Associate Professor Raquel Urtasun, an expert in computer vision and machine … Read More

Women are in charge

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