Raven.ai is an Ottawa-based startup that leverages its overall equipment effectiveness (“OEE”) improvement software to help companies improve their supply chain efficiency. The OEE software’s output is an overview of equipment effectiveness and production losses that can be interpreted by supply chain managers to make appropriate adjustments.
Raven.ai’s recent Series A funding round that totalled US$12 million comes at a good time as Canada faces ongoing supply chain issues lingering from the COVID-19 pandemic as well as other climate-based and geopolitical production restraints. The company’s funding round was led by Momenta Ventures and Chartline Capital Partners with participation from Celtic House Venture Partners and Export Development Canada.
Raven.ai has already helped improve efficiency on production lines operated by Coca-Cola, Walmart, Michelin, and McCain and hopes to continue to provide incremental assistance to more companies which may help combat rising inflation rates in Canada.
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…
