Skip to content
Juno is launching with $3 million in seed funding and a plan to develop dual-use autonomous systems, the company said in a news release. Its chief executive is banker and investor Hunter Scharfe; Geordie Rose, founder of quantum computing company D-Wave and robot-maker Sanctuary AI, is a senior advisor. (The Logic)
Talking point: Sajjan, a veteran and former Vancouver police officer, was the Liberal defence minister from 2015 to 2021 before being shuffled to International Development and then Emergency Preparedness; he left politics last year. Scharfe has previously worked at Paterson Partners—venture capitalist G. Scott Paterson’s family office—and co-founded investment firm Alset AI. As Canada increases defence-related spending toward five per cent of its GDP, interest in making military products has increased sharply.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Wealthsimple will let Canadians place bets on prediction market Kalshi
Briefing
Liberals force controversial lawful access bill through the House
G7 leaders and tech CEOs look for common front on AI standards
Shopify-backed Frontier recruits Anthropic and commits US$915M to carbon removal
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
