Stuart Lombard, Ecobee founding CEO and president, announces retirement
byChief product officer Greg Fyke has assumed the role of president.
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Traffic management startup Miovision closes $36 million CAD, bringing latest round to $296 million
byAmid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth.
Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech
byCEO: tech will help wearable IoT device manufacturers save space, simplify supply chains.
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
byMiovision is buying Global Traffic Technologies for $107 million USD.
Kepler Communications raises $122.7 million CAD to launch more high-speed satellites
byKepler’s low earth to orbit satellites reportedly deliver speeds of 2.5 gigabytes per second.
Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
byOperto eyes bringing its electronic check-in and check-out experience to more hotels.
Spark Microsystems raises $34 million to meet chip demand amid supply crunch
bySpark aims to accelerate product development amid chip shortages and demand fluctuations.
NorthStar raises $47 million CAD Series C round for expected satellite launch in mid-2023
byThe Montréal startup provides monitoring solutions for all near-Earth orbits from space.
Shabodi closes $14 million CAD Series A to simplify 5G for developers
byShabodi aims to be to 5G what Stripe is to payment integrations.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
byBoth companies are staying mum on the number of employees cut.
Converge Technology secures $500 million loan to continue acquisition spree
byConverge to continue acquisition strategy in North America, Europe.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
byAll four plan to conduct a hiring spree amid a growing number of global tech layoffs.
Worximity secures $14 million for smart factory analytics tech
byWorximity part of the push towards the ‘Fourth Industrial Revolution.’
Ecobee launches new smart thermostats with built-in air quality monitoring
byThe new smart thermostats are Ecobee’s latest launches post- acquisition.
Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs
byAlberta IoT’s funding is the latest in several government commitments to Alberta’s tech sector.