CEO says fundraise “substantially improves” D-Wave’s financial strength. D-Wave Quantum has raised $175 million USD ($246 million CAD) in gross proceeds through a recent stock sale. The Canadian-founded, New York Stock Exchange (NYSE)-listed quantum computing company plans to use this capital to fuel its technical development efforts and business operations. Following this financing, D-Wave […]
Jane App co-founder says she doesn’t understand recent calls for businesses to leave Canada. Alison Taylor came to startups from the realm of small business, managing medical clinics in BC before co-founding her “side hustle” in 2014. “We’ve never seen any detriment to building in Canada, if anything, we’ve actually seen a lot of […]
East Side Games co-founder says Canada’s “forgotten stepchild” is a global leader in gaming and climate tech. Josh Nilson sees BC as Canada’s blind spot: last on the clock, last in line for votes, and until yesterdaywithout a government. For Nilson, an entrepreneur and angel investor, this sense of being overlooked has given BC […]
Practical patriotism is cool now. For BetaKit’s second-ever Town Hall, Clio CEO and co-founder Jack Newton was the perfect guest to carry forward the national conversation on Canadian productivity, innovation, and optimism. With 16 years in the game at Clio, Newton’s perspective on building in Canada is earned. He’s also shown himself to care […]
“We think we can find the best deals in Canada, so we’re going to keep on doing that.” Montréal-based venture capital (VC) firm Brightspark Ventures has closed its latest fund for early-stage Canadian technology startups with over $100 million CAD in total commitments and added a new partner in Vancouver to capture more British […]
Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects. This week, the federal government and one of the federally-backed Canadian innovation clusters announced a number of financial commitments for artificial intelligence (AI) projects across the country at the second annual ALL IN conference held in Montréal. Canada’s Minister […]
University of Waterloo tops list of Canadian post-secondary institutions that produce future founders. Six Canadian universities have landed spots in Pitchbook’s recent Top 100 list of post-secondary institutions that produced the most founders at the undergraduate level. The University of Waterloo topped the list of Canadian universities and ranked 21st globally for the third […]
Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles. Eight years after making waves in the wearables market with Recon Instruments, Hamid Abdollahi is back with something new. A co-founder at Recon, which developed smart glasses and wearable displays for athletes, Abdollahi served as the company’s chief technology officer. […]
