Artificial Intelligence Published on January 8, 2020 The home appliance giant LG relies on Quebec’s expertise in artificial intelligence in order to transform our daily lives with its ever more advanced technologies. The South Korean company announced, in its large press conference on the sidelines of the Consumer Electronic Show (CES), in Las Vegas, a major partnership with the Montreal laboratory Element AI. (french content) Read more
Business environment Published on January 8, 2020 The PME MTL network offers small and medium-sized businesses in the city professional and financial support to accelerate their growth. The services of PME MTL in marketing innovations are concentrated in five high-potential sectors, but focuses mainly on companies in the life sciences and health technologies. (french content) Read more
Investment Published on January 7, 2020 Caisse de dépôt et placement du Québec (CDPQ) and Inovia Capital announced US $37M in funding for home care technology provider AlayaCare. This Series C extension will help the Company deliver on its M&A strategy to accelerate global growth. The round includes participation from Investissement Québec, Innovexport and Desjardins Innovatech. AlayaCare also announced today the acquisition of Procura, a division of Complia Health, leading global provider of enterprise software for long-term and post-acute care provider organizations. This third and largest acquisition to date strengthens AlayaCare’s position in key domestic and international markets and immediately expands services for enterprise customers. Read more
Medtech Published on January 7, 2020 A new hybrid room entirely dedicated to vascular surgery at the Saint-François d’Assise Hospital in Quebec. This hybrid room, which is part of the Center of Excellence for Vascular Diseases at the CHU de Québec, will allow advanced vascular surgeries, combined with advanced imaging techniques, in particular through the use of a robot. imagery and a hybrid operating table. A first in Canada! (french content) Read more
Investment Published on January 7, 2020 Quebec has just had one of its best venture capital year with record investments of more than $ 1.1 billion before the year is even over. Coveo ($ 227 million), Element AI ($ 200 million), Stradigi AI ($ 53 million) and Neuvoo ($ 53 million) … artificial intelligence companies received an avalanche of millions of dollars in 2019! (french content) Read more
Biotech Published on December 18, 2019 SPI Bio, a young biotechnology company based in Sherbrooke that markets an automated device for detecting legionella bacteria, announces the closure of a new round of funding of $ 1.7 million thanks to the participation of local, national and international, including Capitall Investissements, Natural Products Canada, Sherbrooke Innopole and ACET Banque Nationale. (french content) Read more
R&D Published on December 18, 2019 Major Montreal discovery about a congenital disease: A CHU Sainte-Justine research team discovered the gene responsible for a common congenital aortic valve disease, the origin of which had never been explained before. The results of this study, which was carried out in collaboration with the Hebrew University Center, were presented in the journal Nature Genetics. (french content) Read more
Artificial Intelligence Published on December 18, 2019 Marc-Antoine Dilhac, professor of philosophy at the University of Montreal, will transpose the experience acquired in the drafting of the Montreal Declaration for the responsible development of artificial intelligence into the 173 member countries of Unesco. “Our objective is to produce a declaration on the development of artificial intelligence [AI] which will have a lasting and international dimension,” comments the Montreal prime contractor. (french content) Read more
Business environment Published on December 16, 2019 Quebec’s economy is well positioned to continue its winning streak in 2020, say Royal Bank / RBC economists in their “Provincial Outlook” update. “We expect this trend and optimism (of Quebec businesses and households) to continue largely in 2020, and will ensure that Quebec’s economic growth continues to exceed the national average for the third consecutive year” , anticipate the economists of the Royal Bank. (french content) Read more