Alberta Innovates to name Dr. Mike Mahon as permanent CEO
Interim CEO received unanimous board approval following delivery of go-forward plan for provincial agency.
Cohere revenue reports paint mixed picture of growth
AI startup says it has doubled revenue, but The Information reports it fell well below forecasted goals.
Redstick Ventures wants to give foodtech a seat at the table
Cross-border VC closes $6.5-million Fund I to invest in food production tech.
The US economic slowdown is hurting Canadian tech companies selling globally
CEO of mobile software company SOTI urges companies to get more aggressive with their sales tactics.
Seed deals in Q1 2025 hit pandemic-era low as Canadian VC decline continues: report
Trade tensions and economic uncertainty contributed to investor caution, CVCA says.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Anges Québec looks to expedite early-stage rounds with co-investment angel fund
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold
Cleantech company hopes to open Québec asbestos mitigation plant by 2027.
Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis” in the field
Cohere-led study claims popular crowd-sourced leaderboard LM Arena tipped scales for Google, OpenAI.
Québec Tech highlights hardtech in latest scaleup cohort with international ambitions
Stage V program aims to turn startups into “true scaleups” with tailored support.
“Hard work lies ahead”: Canadian tech leaders strike urgent tone on policy asks following Liberal victory
Domestic procurement, boosting business investment key issues for Carney government, industry groups say.