ReelData, an artificial intelligence startup based in Halifax, recently raised $10.6 million in a Series A funding round. The funding was led by Chicago-based Buoyant Ventures as well as agriculture-focused investors including S2G Ventures and The Nest Family Office.
ReelData was founded in 2018 by Mathew Zimola and Hossein Salimian with the goal of solving issues around food production by supporting land-based aquaculture. The company’s first product, ReelAppetite, can identify fish population appetite and adjust feed levels based on that tracking. This allows farmers to save millions of dollars annually by reducing wasted feed, according to the company.
ReelData intends to launch another product, ReelBiomass, which tracks the size and weight of fish populations. This new funding round will allow the company to develop a precise and autonomous operating system.
Another day, another wearable technology product is hitting the market, but this one arrives with the weight of Google behind it and a price designed to undercut the competition.Back in January…
The Canadian federal government recently introduced the Safe Social Media Act in Parliament. If the bill is successful, Canadian children under the age of 16 will no longer be able to have accounts on…
In March 2026, Whoop Inc. (“Whoop”) completed a Series G funding round for US$575 million, valuing the leading fitness wearable company at US$10.1 billion. Whoop received investment from many notable…
The 2026 FIFA World Cup will showcase some of the most advanced officiating technology ever used in soccer. Building on systems introduced in previous tournaments, FIFA is rolling out new tools…
Recently, the Canadian Investment Regulatory Organization (“CIRO”) approved Wealthsimple to offer forecast contracts. Forecast contracts are investment products that offer investors binary “yes” or…
On June 10, 2026, the federal government introduced Bill C-34, also known as the Safe Social Media Act. The proposed legislation represents a sweeping effort to regulate social media platforms…
