Alberta’s tech sector remained resilient in first quarter of 2023
Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year.
Reports
Canada ranks 12th in Shopify’s first report on economic impact of merchants
Canada’s Shopify merchants lag behind on economic impact compared to smaller economies.
Québec attracted more venture funding than any other Canadian region in Q1 2023
Québec startups raised a cumulative $317.3 million in Q1 2023.
Boast.ai report maps government tax, grant programs available for small businesses
Companies can combine SR&ED with other funding programs.
“A new bottom”: Toronto and Waterloo Region venture funding fell short in first quarter of 2023
Toronto’s venture funding dropped 94 percent year-over-year.
BC venture deal volume reached a three-year low in first quarter of 2023
Startups in BC raised $95.1 million through nine deals in Q1 2023.
Inflation blamed for decline in mental health of Canadian founders in the last year
BDC report maps impact of the economic downturn on entrepreneurs’ mental health.
Report: powerful, new foundation models set to transform how businesses use AI
Accenture report outlines the next generation of AI on its way.
Canadian venture capital investment in Q1 2023 drops by 82 percent compared to last year
VC saw a sharp decline in both amount invested and number of deals compared to last year.
Startup TNT’s 2022 report maps over $3 million invested into startups, pan-Prairies expansion
The Alberta-based tech group is now live across all three Prairie provinces.
Down rounds in 2022 lower than expected amid reliance on bridge financing: Osler report
More firms rely on bridge financing to extend cash runway as they aim for later, higher valuations.
BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022
Investment in the province’s tech startups fell by 67 percent in 2022.
Venture funding surged in Québec and Alberta tech sectors over 2022, bucking national trend
Alberta and Québec investment increased by 89 percent and 21 percent, respectively.
Dwindling tech deal volume remained a thorn in the Waterloo Region’s side in 2022
Venture funding in Waterloo Region dipped from 2021 peak, but still surpassed pre-bull market years.
Toronto venture funding saw a “return to sanity” in 2022
Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022.