Canada can’t outspend its peers. So how might it outsmart them? 2024 was the year that British-Canadian computer scientist Geoffrey Hinton won a Nobel Prize in Physics for his contributions to the field of artificial intelligence (AI). 2024 reinforced that Canada lacks the resources to win the AI war on all fronts. His victory […]
Mini-budget with many tech commitments comes during a day of chaos on the Hill. The Government of Canada barely tabled its Fall Economic Statement (FES) after a day of political chaos and uncertainty. The Liberal government was thrown into turmoil following the surprise resignation of Deputy Prime Minister and Finance Minister Chrystia Freeland hours […]
Sauga Startup Showcase recognizes promising startups. The Sauga Startup Pitch and ShowcaseMississauga’s flagship startup pitch competition, took centre stage on November 12, spotlighting nine finalists from four regional incubators and accelerators. With $15,000 in cash plus in-kind prizes up for grabs, the event showcased the thriving entrepreneurial spirit in Mississauga and its surrounding communities. […]
Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business. Could this happen to my company? That was surely one of the questions running through the minds of the assembled tech leaders and founders attending the tell-all fireside chat between Sampler founder and former CEO Marie Chevrier Schwartz and […]
Startup claims it can provide document notarization in just seven minutes. Oshawa, Ont.-based legaltech software startup NotaryPro has partnered with Staples Canada to bring its notarization services to the office supply retail company’s website and stores. The partnership will allow Canadian individuals and businesses to complete online notarization using NotaryPro’s software. On Nov. 18, […]
Six years in the making, UW’s startup incubator has a new home in the Innovation Arena. Velocity has a new home at the University of Waterloo’s Innovation Arena in downtown Kitchener. The university-linked incubator will take half of the 90,000-square-foot Innovation Arena, which includes 20,000 square feet of purpose-built lab space for hardware and […]
AI-focused VC firm launched a new $800-million USD growth fund in August. Toronto-based artificial intelligence (AI)-focused venture capital (VC) firm Radical Ventures has tapped Richa Mehta as its newest partner. Mehta will help lead Radical’s growth strategy, taking on typical partner responsibilities like leading investments, taking board seats, interfacing with limited partners, and helping […]
Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors. Toronto-based artificial intelligence (AI) startup Workorb has closed $2.6 million CAD in seed financing to advance its automation product for the architecture, engineering, and construction (AEC) industry. The round, which consisted of SAFE agreements that closed over the summer, was led […]
“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 […]
Ten years in, Wealthsimple is profitable with $50 billion in AUA. What comes next? Building a company is no easy business. It takes persistence, luck, and more than a little bit of insanity. Which is why it’s meaningful when any company reaches a 10-year milestone—and doubly so for startups given that the majority fold […]
