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Artificial-intelligence companies dominate 2019 C100 48Hrs in the Valley cohort

C100, a non-profit that connects the Canadian and Silicon Valley startup ecosystems, has accepted 27 companies into the the 2019 cohort of its 48Hrs in the Valley program.

The competitive annual program, which is referral-only, pairs Canadian companies with a mentor, then brings them to Silicon Valley for two days of meetings with investors and executives. This year’s cohort will run from May 7 to 9. It includes eight firms from Toronto; five from Montreal and one from Laval, Que.; six from Vancouver; two apiece from Calgary and Ottawa; and one each from Halifax, Kitchener, Ont. and Waterloo.

The program has been running since 2010. So far, over 250 companies have participated, many of which have gone on to raise money soon after their Silicon Valley visits. Alumni from the July 2018 cohort include Toronto-based logo-creation platform Logojoy, which raised $6 million four months after participating in the program, and Calgary-based ZayZoon, which lets employees get paid wages earlier than payday, and closed a $15-million round on Monday.

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