Montreal-based IT service provider Ateko will strengthens its expertise in data engineering and AI-powered automation with the acquisition of Calgary’s SDK Tek.
The funding will advance the company’s tissue-engineered therapeutics for regenerative medicine.
Mortgage software company Nesto is the highest-ranked company in Montreal this year, with 4,074 percent growth.
Montreal AI firms have secured over $2 billion in investments.
The round will help the company acquire books from tax firms and advance its AI-driven software.
The growth capital is expected to support the company’s global expansion and ongoing product development efforts.
Lefebvre brings extensive international leadership and executive management experience to the company.
The two companies are advancing hardware to address security requirements that today’s solutions do not meet.
Once launched, the company’s new AI engine will analyze game data and offer actionable recommendations to accelerate resolution.
The move will expand Desjardins’ reach and enable it to offer higher quality investment solutions.
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