Sonaro, Celestra, Oasis Learning AI among competition winners at SAAS NORTH 2024
Startup winners collectively took home more than $600,000 from the conference.
Ontario
Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech
Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors.
The state of Canadian software in 2024
Inovia’s Chris Arsenault came to SAAS NORTH armed with data and perspective.
University of Waterloo’s Velocity moves out of the Garage & into the Arena
Six years in the making, UW’s startup incubator has a new home in the Innovation Arena.
Power marks up value of stake in Wealthsimple beyond 2021 peak
Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.
Richa Mehta joins Radical Ventures as San Francisco-based partner
AI-focused VC firm launched a new $800-million USD growth fund in August.
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.
1Password alters leadership with David Faugno appointed co-CEO alongside Jeff Shiner
Faugno was tapped to serve as the company’s first-ever president and COO last year.
Shopify rises on 26 percent revenue growth in Q3, strong holiday forecast
Shopify shares rose over 21 percent following its third-quarter earnings beat.
Armed with $1.6 million CAD, runQL wants to take the chaos out of data query management
Communitech’s former CTO wants to save data teams hours in “painful admin work.”
Neo Financial’s $360-million Series D features big names, unanswered questions
Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup in down round led by unnamed Chinese investor.
ImaginAble Solutions founder Lianna Genovese recognized at 11th annual Muhammad Ali Humanitarian Awards
The young Canadian founder accepted the award on the same stage as Shaquille O’Neal.
Addressing Canada’s speed of financial innovation
Koho, Borrowell, Manzil—plus the Department of Finance—talk product velocity, risks & opportunity.
“The world’s biggest problems are not going to be solved with software”: HardTech talks semiconductors and AI
VentureLab’s HardTech event discusses the state of Canadian deep tech, re-shoring, and the investment landscape.
Aron Levitz named co-president of Wattpad as #CDNtech executive turnover continues through the fall
Geordie Rose leaves CEO role at Sanctuary AI, becoming the second co-founder to depart this year.