OneEleven alumni pass $2 billion USD in collective funding milestone
Eight years after its founding, companies formerly housed in Toronto-based tech innovation hub and incubator OneEleven have officially raised over $2 billion USD in…
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FedDev Ontario commits combined $12 million to OneEleven and new Waterloo-London healthtech hub
In August, the Government of Canada made some investments, through FedDev Ontario, in the province’s innovation and startup support ecosystem. FedDev Ontario committed $2…
Quantum Algorithms Institute seeks new partners as it works to accelerate BC’s quantum computing ecosystem
The Quantum Algorithms Institute (QAI) is calling for new corporate partners that are interested in incorporating quantum-enabled technologies within their businesses. Headquartered in Burnaby,…
Four tech firms join new program addressing systemic barriers Indigenous people face
Four large technology firms have pledged to develop a strategic, action-based approach to identifying and addressing systemic barriers Indigenous persons face when it comes…
RBC joins as financial anchor partner for new Kanata tech hub
The Royal Bank of Canada (RBC) has signed on to become the anchor financial sponsor for Hub350, a new technology park the Kanata North…
Canada invests $845,000 in Montréal Inc. to support more entrepreneurs
The Government of Canada has announced plans to invest $845,107 in early-stage business support organization Montréal Inc. to help cover operating costs and back…
Elevate brings on former Bell Media exec Randy Lennox as Razor Suleman joins US unicorn Pacaso
Elevate is bringing on former Bell Media president Randy Lennox as its executive chair as co-founder and CEO Razor Suleman joins United States unicorn…
Elevate to receive $6.15 million in government funding for underrepresented tech workers program
Elevate is receiving around $6.15 million from the Government of Canada and the City of Toronto to support the non-profit tech organization in launching…
Five Atlantic Canada startups secure investment at Volta pitch competition
Five early-stage Atlantic Canadian tech startups have been selected to receive $25,000 each, as part of Volta’s latest pitch competition. The winners beat out…
Volta, Scale AI launch program to help supply chain startups scale
Five Atlantic Canadian companies will gain access to funding and consulting resources to develop artificial intelligence (AI) supply-chain technology through a new program, Volta…
Innovate Edmonton receives $5 million from City to support accelerators
City Council has approved $5 million in funding for Innovate Edmonton, meant to support and attract technology accelerators to the city. The $5 million…
Matthew Lombardi explains the new OneEleven’s new focus
In April of last year, Toronto tech hub and incubator OneEleven abruptly shut down, with its board citing COVID-19 as the reason. By October,…
Chris Albinson to replace Iain Klugman as CEO of Communitech
Kitchener-Waterloo innovation hub Communitech has named Chris Albinson, co-founder of The C100, as its new CEO. Albinson will assume the role of CEO (virtually)…