Canada punches above its weight with AI researchers in new Element AI report
The number of artificial intelligence (AI) researchers in Canada’s private sector is proportionally higher than that of other…
Reports
Shopify doubles GMV, reports record profit in third-quarter results
Shopify’s third-quarter financial results greatly beat analysts’ predictions as the Canadian e-commerce company more than…
Women at venture capital firms still vastly underrepresented according to new report
Despite the growth of women-led venture funds over the last five years, women partners are still vastly underrepresented compared…
Report: Underrepresented workers disproportionately impacted by layoffs amid COVID-19
Underrepresented workers at Canadian startups are significantly overrepresented in the pool of talent left unemployed due to…
Privacy commissioner finds pandemic raises new privacy concerns around telemedicine, EdTech
A new report from Canada’s privacy commissioner is warning new technologies that have seen mass adoption during the COVID-19…
SaaS companies in 2020 have raised one-fifth of 2019 numbers: report
Investments in software as a service (SaaS) companies reached $1.17 billion so far this year, only 22 percent of the $5.13…
Canadian procurement policies missing the mark for cleantech startups, says innovation council
Canada’s procurement incentives and policies are missing the mark for Canada’s high-growth cleantech startups, according…
Report: While proportion of women on boards increasing slowly, visible minorities still vastly underrepresented
Although the presence of women on the boards of some Canadian companies is slowly increasing, there is still a notable lack…
Supercluster funding $74 million behind schedule, according to new PBO report
The federal government’s Innovation Superclusters Initiative is far behind its spending goals, according to a new report…
Late-stage AI deals push Waterloo Region’s venture funding to five-quarter high in Q2 2020
Venture funding in the Waterloo Region reached $148.6 million in the second quarter of 2020, largely driven by large, late-stage…
BC venture funding keeps pace in Q2 2020 as deal volume continues downward trend
Tech companies in British Columbia (BC) continued to see consistent venture funding in the second quarter of 2020, despite…
Global survey finds diversity in tech has increased over the last decade, still not enough
More than half of people of colour working in tech globally have seen diversity increase in the last decade, according to a…
Montréal sets new funding record with two massive travel tech deals in Q2 2020
Following a strong start to 2020, Montréal tech companies raised a record $566 million in venture funding in the midst of…
Toronto venture funding lags behind Canada’s record-setting Q2 2020
Despite its historical prominence in Canadian tech, Toronto failed to contribute much to Canada’s record funding quarter.…
Canadian venture capital investment hits record in Q2 2020 despite COVID-19
Venture capital investment in Canadian companies hit a record high in the second quarter of 2020, much to the surprise of industry…