Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.
Ontario
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
TD Bank’s chief AI scientist talks about emerging models, safety, and Layer 6’s new NYC office
Maksims Volkovs shares what Layer 6 has been working on and what keeps him up at night.
Joe Canavan has a plan for Canada to become an innovation nation
Canada’s angel of the year shares how the country can bolster its economic sovereignty at NACO Summit.
“Can we just write the cheque?”: angel investors encouraged to be bold amidst economic uncertainty at NACO Summit
“Underlying pressures” risk derailing first growth of angel investment in two years, according to NACO report.
Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis” in the field
Cohere-led study claims popular crowd-sourced leaderboard LM Arena tipped scales for Google, OpenAI.
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
Xanadu forges partnerships with US military, industry to fuel quantum computing ambitions
Toronto quantum company inks deals with Applied Materials, US Air Force to accelerate chip development.
Shopify rolls back $1-million USD revenue exemption for app developers
Pandemic policy rollback means exemption will only apply to first $1 million of lifetime revenue.
Antler Canada adds former Quandl CEO Tammer Kamel as VC firm gears up for Fund II
Kamel to lead Fund II with fellow GP Bernie Li and newly promoted associate partner Shambhavi Mishra.
Dragons’ Den’s Arlene Dickinson, Build Canada’s Daniel Debow recognized as Nation Builders at 2025 NACO awards
FinTech investor Joe Canavan also took home Canada’s 2025 Angel of the Year Award.
Former Plooto CEO Hamed Abbasi acquitted in sexual assault case
Abbasi faced up to 10 years in prison if convicted.
Cinema tech startup Axibo raises $12 million to kickstart humanoid robot division
After working with Apple and Netflix, Axibo looks to debut a made-in-Canada robot next year.
A US-Canada crypto summit is shaping up at Consensus 2025
Dave Portnoy, Eric Trump, and a huge contingent of Canadian founders rally at Consensus 2025.