Press digest: Canada - September 28
Toronto startup Biossil raised $153 million in a funding round led by OpenAI. Bombardier is in advanced talks with Saab to produce GlobalEye surveillance planes in Canada, and a new CIX Trading platform will offer extended hours for Canadian stock trading.
1. Biossil funding
Toronto startup Biossil raised $153 million in a funding round led by OpenAI, as it looks to give failed drug candidates a second chance at becoming approved therapies.
2. Bombardier and Saab
Bombardier is in advanced talks with Swedish defence group Saab to produce Saab’s GlobalEye surveillance planes in Canada.
3. Extended trading hours
A new platform launched by CIX Trading will allow investors to buy and sell domestic stocks earlier in the morning and well into the evening.
