Here’s how Canada’s top 10 cities rank in the global startup ecosystem
byStartupBlink’s report shows Canada maintains fourth place in global ranking.
Montreal
GSoft secures $125-million CDPQ investment to pursue growth through acquisitions
byGSoft’s February acquisition of Quebec City’s Didacte was the company’s first.
Oamo emerges from stealth with White Star Capital backing to build decentralized data brokerage
byOamo’s team features Kraken, Polygon, Figment, Eventbrite, and Morgan Stanley alumni.
Vietnam’s FPT and Quebec’s Mila renew three-year strategic partnership, vow to practice responsible AI
byOrganizations plan to collaborate on large language models and natural language processing.
FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders with custom vaginal prosthetics
byFemTherapeutics combines AI and 3D printing to design vaginal pessaries specific to each patient.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
byAs funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
Summer camp for Canadian tech is back: Startupfest returns July 12-14
byThis year: more Premium Fests, Investor Match-Ups, fan-favourite Grandma judges, and BetaKit.
Novisto closes $27-million CAD Series B to help companies improve their ESG reporting
byNovisto gears up for growth as shareholder ESG pressure heats up.
List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms
byMara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others.
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.
Lightspeed Commerce makes gains in fiscal 2023, fourth quarter
byRevenues up, losses down but Lightspeed shares slide on the market.
ChrysaLabs raises $15 million to help farmers unearth soil data using AI
byChrysaLabs’ soil-testing tech has been used on over two million acres of farmland.
Koïos Intelligence raises $6.5 million to expand conversational AI assistant for insurance brokers
byKoïos claims its AI assistant achieves a 30 percent shorter waiting time than call centres.
Hopper to power Uber’s expansion into flight bookings
by“Flights on Uber” will be available to UK users this summer.
American biotech Recursion acquires two Canadian AI drug-discovery companies, Cyclica and Valence
by“Policymakers should look to understand why so many promising tech companies choose to sell themselves.”