Despite COVID-19, Ontario AI ecosystem continues growth trajectory, report finds
The Vector Institute’s second annual snapshot of Ontario’s artificial intelligence (AI) sector has found that despite the…
Reports
Toronto-Waterloo rises in Startup Genome’s 2021 global ecosystem rankings, as Vancouver falls
Toronto-Waterloo has jumped four spots in Startup Genome’s annual global startup ecosystem report since 2020, as Canada’s…
BC set a new venture funding record in Q2 as total investment eclipsed previous quarter
Tech startups in British Columbia raised over $1 billion in the second quarter of 2021, slightly eclipsing total investment…
Lack of late-stage deals in Q2 deflated Calgary venture funding to two-year low
With no late-stage deals, the second quarter of 2021 marked the Calgary tech ecosystem’s lowest quarter for venture funding…
Toronto tech smashed venture funding records in Q2 with $1.46 billion raised
Toronto tech set a new record for venture funding during the second quarter of 2021, one of several milestones smashed according…
Montréal saw best venture funding quarter yet in Q2 as local startups clinched more megadeals
Over the last year, Montréal has often relied on one megadeal to keep venture funding levels healthy each quarter. But in…
Funding for unicorns Wealthsimple and Trulioo help push VC investment to highest levels yet in H1 2021
As the country and economy segued into post-pandemic recovery, record levels of venture capital flowed into Canadian tech companies.…
High rate of mental health conditions in women entrepreneurs “alarming,” reports FLIK study
More than half of women entrepreneurs surveyed for a new study, released on August 30, reported that they had struggled with…
ApplyBoard, Faire megadeals pushed Waterloo Region tech funding to new record in Q2
Tech startups in the Waterloo Region raised $749.7 million in venture funding during the second quarter of 2021, making Q2…
Ownr report suggests more entrepreneurs placing faith in digital over brick-and-mortar
A new report from Ownr says the COVID-19 pandemic caused many entrepreneurs to change their business models, and move online.…
VerticalScope continues an upward trajectory following its second quarter 2021 results
VerticalScope’s steady upward climb continued with its earnings announcement August 10, pointing to increased acquisitions…
WELL Health revenue increased 484 percent in Q2 2021, bolstered by acquisition strategy
WELL Health Technologies is seeing its acquisition strategy pay off, as the digital health company reported a sizeable increase…
New report shows drop in angel investment during COVID-19 pandemic
Amid the COVID-19 pandemic, Canadian angel organizations made more investments in 2020 but invested less capital overall than…
LifeSpeak posts strong results in first quarter since going public
LifeSpeak, an employee wellness company, demonstrated its own financial health after posting strong second-quarter 2021 results.…
New report shows Montréal relies too much on the megadeal to compete with other Canadian tech hubs
Another megadeal gave Montréal’s tech ecosystem a solid start to 2021, but without it, venture funding would have sunk far…