OMERS Ventures enters 2023 with new playbook as firm looks to launch fifth fund this year
Unified global investment team the latest change in OV’s evolution.
Canadian Startup News
Future Fields raises $15.1 million CAD to equip more industries with bioreactors made from flies
Founded to help the cultivated meat industry, Future Fields is expanding to medical research and biopharmaceuticals.
AAVAA closes $2 million CAD to develop smart listening device
AAVAA’s tech allows users to control their electronic devices using their brain.
Canadian securities regulators tighten rules for crypto platforms following Voyager, Celsius, FTX collapse
CSA cracks down on stablecoins, prohibits leverage, raises expectations regarding asset custody and segregation.
Round13 leads System-3’s $3.6 million round to mitigate bias in hiring leadership talent
System-3 taking cues from aviation industry training to evaluate company leadership.
Despite market conditions, 2022 second-highest year on record for Canadian venture capital
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.”
Cogeco acquires independent internet provider Oxio’s telecom business
The purchase marks latest blow to Canadian telecom competition.
Mining, energy companies lead TSXV’s list of 50 top-performing public companies
Newfoundland’s Kraken Robotics tops technology category.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.
F|T: The FinTech Times – Bank of Canada’s Ron Morrow: “it is your one chance to shape the regime.”
Plus: Stripe’s attempt to raise $55 billion.
Canadian software engineers wanted at these startups
Frontend, backend, full-stack developers needed.
Proposed regulations for Retail Payment Activities Act open for public comment
Bank of Canada’s Ron Morrow: “It is your one chance to shape the regime.”
BBTV secures $21.6 million CAD loan to pay off overdraft facility
“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.”
Canadian tech can find opportunities during leaner times
RBC Capital Markets managing director says M&A will be a big theme in the back-end of 2023.
Newly-named Canada Innovation Corporation will see budget double to absorb IRAP
Further details on feds new innovation agency to follow governance body, new legislation.