Ecosystem Spotlight: Alberta tech is striking gold
CIBC Innovation Banking’s Joe Timlin on the province that’s punching above its weight.
Canadian Startup News
Fading 2023 VC performance underscores Canadian tech’s “vulnerability,” BDC reports
Down rounds rose from seven percent in 2022 to 31 percent last year.
CIFAR, CABHI among recipients of more than $850 million in federal science and research funding
Two dozen third-party science and research organizations are being backed by the new Strategic Science Fund.
Artemis closes $2 million CAD to improve data quality for analytics and AI
Indigenous-led Vancouver startup aims to automate data cleanup with AI agents.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
Major skills shortage looming in cybersecurity, AI
Reskilling in emerging fields can help those impacted by recent layoffs.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Startupfest shares full schedule for 2024 tech festival
Speakers include leaders from Shopify, Paper, BDC, Disco, Brightspark, BetaKit, and more.
US court overturns $40-million USD patent infringement verdict against Shopify
Shopify calls the judgment “a significant victory in the battle against patent trolls.”
Federal government invests $2.5 million in Co.Labs to maintain Uniting the Prairies
The funding will help stage the Uniting the Prairies conference for the next three years.
Daniel Vranesic of TXIO is on a mission to improve personal finance
The Neontra app offers a foundation for financial wellness.
Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.
Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups
Conexus Credit Union reaffirms commitment to local VC with another $15-million.
Busbud acquires South African revenue management platform Ratality
The acquisition adds demand forecasting, dynamic pricing, and fleet management features to Busbud’s platform.
Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.