2023-12-13

Canard Bleu

The Challenge

In response to the continued digital transformation of the financial services sector, Flybits, TD Bank Group, mimik, and Toronto Metropolitan University, along with a consortium of ventures and institutions, are developing a data ecosystem and a predictive solution to help businesses overcome current and future supply chain disruptions and crises. Leveraging a unique privacy-preserved data access protocol along with a number of advanced AI and machine learning-based inference capabilities, the program can help improve insights sharing and drive efficiency, revenue, and cost savings for business ecosystems.

Hossein Rahnama, founder & CEO, Flybits: ”One major challenge in the use of data and AI to help forge effective and sustainable business relationships lies in the availability, mobility, and effective use of privacy-preserved data. This solution can prove especially beneficial for companies active in supply chain and logistics, which maintain a myriad of interdependent supplier, vendor, and client relationships.”

Investment

$2.0M

Scale AI investment

$9.2M

Total investment

Partners

”One major challenge in the use of data and AI to help forge effective and sustainable business relationships lies in the availability, mobility, and effective use of privacy-preserved data. This solution can prove especially beneficial for companies active in supply chain and logistics, which maintain a myriad of interdependent supplier, vendor, and client relationships.”

— Hossein Rahnama, founder & CEO, Flybits
Made possible through the
financial support of
Gouvernement du Québec
Gouvernement du Canada

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