Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion
L-SPARK’s report identified 20 SaaS deals valued at $50 million or more.
McGill, venture studio BXVentures spin out cleantech venture FeX Energy
FeX Energy uses metal fuel technology to generate renewable energy.
Four startups win over $210,000 at SAAS NORTH 2023
Among the winners are Enurgen, Strucwise, Myomar, and Soralink.
Boosted by $6.8 million in government funding, Volta unveils its new space
Volta chose to scale back its physical premises earlier this year to focus on hybrid startup support.
Hopper-linked Deep Sky closes $57.5-million Series A to make Canada a “carbon removal capital”
Barely a year old, the Montréal cleantech startup has already amassed $75 million in total funding.
“We are still waiting”: FinTech leaders urge Liberals to enact much-delayed open banking rules
Open letter comes on the heels of Conservative bill pressuring federal action on open banking.
Hoping to be the go-to platform for blockchain devs, Uniblock secures $3.1 million CAD
Uniblock aims to unify fragmented blockchain tools into a single platform.
Q3 2023 marked a three-year low for venture deal volume in Canada
VC investment fell 60 percent quarter-over-quarter, while seed-stage funding remained “robust.”
New foodtech association looks to promote more sustainable seafood alternatives
Future Ocean Foods has 35 inaugural member companies, eight of which are Canadian.
Tokens.com slashes headcount by 40 percent in push to cut costs
Web3 firm is also exploring a potential sale of business segments.
Acuva, Brickeye, Intelligent City feature in Foresight’s top 50 cleantech ventures list
Ventures on the accelerator’s 2021, 2022 lists have collectively raised over $1.67 billion.
Report: Diversity gap persists in senior ranks of Canadian VC firms
BDC Capital data shows almost half of venture firms are entirely male owned.
ChargeLab taps Newlab, Flipp alums Shaun Stewart and Patrick Smith to leadership team
Stewart will serve as ChargeLab’s new president, while Smith has joined as VP engineering.
Government of Alberta proposes changes to clear path for tech firms to use ‘software engineer’ title
The province’s new bill follows tech sector clash with engineering regulator.
Sanctuary AI, RainStick among #CDNtech companies named to TIME’s 2023 Best Inventions list
The list also recognized neural earbud developer Naqi Logix and lithium tech firm Li-Metal.