News

News
  • Toronto fintech digit expanding to the U.S. after passing $50 billion in assets

    January 13, 2020 Toronto fintech digit has kept a low profile since rolling out its product a year ago. The company, pronounced “digit,” provides an all-in-one software solution giving financial advisers more granular data, which is being used by some of Canada’s wealthiest family offices and investment firms. Read more
  • U of T’s Deep Genomics secures $40 million in financing for AI drug development platform

    January 10, 2020 Deep Genomics, an artificial intelligence-powered drug discovery start-up co-founded by the University of Toronto’s Brendan Frey, recently raised $40 million in Series B funding, Betakit reports. The latest round, led by Future Ventures and including investments from Amplitude Ventures, Khosla Ventures, Magnetic Ventures and True Ventures, brings the startup’s total funding ... Read more
  • Deep Genomics raises $40 million in Series B financing

    January 7, 2020 TORONTO — Deep Genomics, the leading artificial intelligence (AI) therapeutics company, announced today the closing of its Series B round with $40 million in new investment. The proceeds from this financing will be used to develop new treatments for rare genetic diseases, and to expand the company’s proprietary AI discovery ... Read more
  • U of T alumna uses therapeutic qualities of horses to build entrepreneurs’ confidence

    December 17, 2019 It all started with what Carolyn Creed, an alumna of the University of Toronto, refers to as her “shakening.” “Life taps you on the shoulder, and when you’re not listening, it just shakes you,” says Creed, a former Woodsworth College student who studied fine art in the department of art history in the ... Read more
  • A pager-free zone: U of T startup Hypercare aims to bring hospitals into the 21st century

    December 16, 2019 The first thing you see when you go to the website of Hypercare, the startup co-founded by University of Toronto alumnus Albert Tai, is its sales pitch to health-care administrators: “No more pagers. No more phone tag.” Tai says people who don’t work in the health-care sector are often stunned to find out that the old-fashioned ... Read more
  • Creative Destruction Lab expands to Georgia Tech

    December 12, 2019 The Creative Destruction Lab (CDL) is continuing its international expansion with a new location in Atlanta. The seed-stage accelerator, founded at the University of Toronto’s Rotman School of Management, said today that its latest location will be launched in collaboration with the Georgia Institute of Technology, widely known as Georgia Tech. CDL-Atlanta, ... Read more
  • Plastics alternative startup Ecopackers raises $4.3 million

    December 9, 2019 Entrepreneur Nuha Siddiqui pitched her compostable replacement to plastics to her first venture capital investor in 2018 while snacking on a bowl of packing peanuts – foam nuggets used in packaging to prevent damage. “When people didn’t believe that it was 100 per cent compostable, I would eat the product,” Ms. ... Read more
  • ‘The 21st century truly could be Canadian’: Indigo CEO on innovation

    December 4, 2019 Indigo CEO Heather Reisman’s been focused on more than just combating Amazon. She speaks with BNN Bloomberg’s Amanda Lang about the landmark gift to the University of Toronto’s new Schwartz Reisman Innovation Centre, boosting innovation in Canada and her thoughts on the country’s competitiveness. Read more
  • U of T law students help local startups achieve lift-off through hands-on course

    December 2, 2019 Emma Weiss has a busy schedule. Each week she meets with entrepreneurs at six different Toronto technology startups to discuss thorny legal questions and then hammers out potential solutions at the offices of a Bay Street law firm. But Weiss isn’t a lawyer – at least not yet. She’s a student in ... Read more
  • Bridging the gap between women and entrepreneurship

    November 28, 2019 By breaking barriers and creating a space for entrepreneurs, The Hub, University of Toronto Scarborough (UTSC)’s startup incubator, plays a vital role in helping visionary students start their businesses and reach their full potential. While ensuring that every student has an equal opportunity to thrive in the entrepreneurial area they ... Read more