Companies / Light AI
Light AI
Light AI is a health and biotech AI company based in Vancouver, British Columbia. It was covered in the Canadian AI Newsletter in August 2026. It is listed on the Cboe Canada as ALGO.
Smartphone-photo AI strep screening (Health Canada licensed).
light.ai- Category
- Health/
Bio AI - Status
- Public
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Public financing | Dec 30, 2024 | C$17M | Undisclosed. Best-efforts prospectus offering of 30,878,200 units at C$0.55 closed Dec 30 2024 for C$16,983,010 gross; a further over-allotment exercise on Jan 8 2025 (2,757,000 units, C$1,516,350) took the offering to C$18,499,360 total. Followed the Dec 16 2024 closing of the reverse takeover of Mojave Brands |
Public financings were raised while the company was listed. They are not counted in Index totals.
Founders
- Peter Whitehead, Founder/CEO.
In the newsletter
Sources
Data as of November 10, 2026.