Saskatchewan tech sector employment doubled over four-year period: report
Province says it’s on track to triple the number of tech workers by 2030.
Prairies
Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down
The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO.
Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding
Economic development agency dispenses $6.3 million across nine startups and ecosystem programs.
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees
Some roles are being consolidated to its Toronto office to “better align” resources, company says.
Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.
Tall Grass Ventures closes $32-million VC fund for early-stage Canadian AgTech startups
TGV sees room to be “translators” and connect other investors to the AgTech sector.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
Toronto, Vancouver slip in Startup Genome’s 2024 rankings as Montréal, Calgary, Ottawa rise
Smaller Canadian cities make strides in 2024 as larger ecosystems lose some of their lustre.
Four women-led startups receive a combined $135,000 at Uniting the Prairies 2024
A few non-Prairies companies were recognized at the Elevate Women+ finale at Uniting the Prairie.
Alberta Innovates launches new program to connect healthtech startups with early adopters, investors
IDEATE is being supported by a $2.1-million investment from PrairiesCan.
Toronto’s lead over other Canadian cities continues to widen in new startup ecosystem rankings
Canada retains fourth place in global rankings, but slips further from the three leading nations.
Accelerate Fund III backs Care Group as it looks to expand mental healthcare platform into new markets
The startup is looking to expand across Canada and the United States starting later this year.