Clio boosted Canadian VC investment in Q3 2024, but early-stage funding reaches “worrisome” low
Late-stage funding also faltered, accounting for a record low 21 percent of total investment dollars in Canada.
British Columbia
Online legal database CanLII sues Caseway AI for copyright infringement
CanLII alleges Caseway scraped 3.5 million records from its database, violating terms of use.
Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings
Lightspeed beats revenue forecasts as Well Health reaches record revenues in fiscal Q3 2024.
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.
Vantage Points: Scott Langille says the next generation of BC tech needs help
Atelier co-founder launches V2, a new collective to connect BC entrepreneurs across disciplines.
BC’s Centre for Innovation and Clean Energy makes $3 million available for women-led cleantech companies
New funding aims to address the underrepresentation of women founders in Canada’s cleantech ecosystem.
Procurify launches new accounts payable product following growth capital from CIBC
Procurement startup secured $68 million CAD Series C round in 2023.
Vantage Points: Alison Taylor thinks tech is actually kind of weird
Jane App co-founder says she doesn’t understand recent calls for businesses to leave Canada.
Vantage Points: Anne Stevens explains how Canada almost lost AbCellera to the US
AbCellera wants to be BC’s life sciences anchor company. It almost didn’t happen.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.
Vantage points: Josh Nilson thinks BC should focus on its sector strengths
East Side Games co-founder says Canada’s “forgotten stepchild” is a global leader in gaming and climate tech.
Canadian-founded, YC-backed Revyl closes $1.5 million CAD to help companies catch bugs with AI
Uber experiment leads to bug-solving spinout built to replicate end-user testing.
Clio’s Jack Newton can build another Shopify without building like Shopify
Practical patriotism is cool now.
BC tech leaders look to reconnect at BetaKit Town Hall: Vancouver
A pulse check with local leaders on BC tech and where it goes next.
Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal
Partner Patrick Lor to lead Panache’s efforts in Western Canada going forward.