Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canada’s assets, Round13 wants to target underfunded startups with TIMIA.
Vancouver
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
Co-founder of Zymeworks calls approval “the dream that many said was not possible.”
Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.
4AG Robotics, Daanaa return to Foresight’s 50 “most investible” cleantech ventures list in 2024
Panel of cleantech investors evaluate potential economic impact, leadership team, and environmental impact.
Online legal database CanLII sues Caseway AI for copyright infringement
CanLII alleges Caseway scraped 3.5 million records from its database, violating terms of use.
Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings
Lightspeed beats revenue forecasts as Well Health reaches record revenues in fiscal Q3 2024.
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.
Vantage Points: Scott Langille says the next generation of BC tech needs help
Atelier co-founder launches V2, a new collective to connect BC entrepreneurs across disciplines.
Procurify launches new accounts payable product following growth capital from CIBC
Procurement startup secured $68 million CAD Series C round in 2023.
Vantage Points: Alison Taylor thinks tech is actually kind of weird
Jane App co-founder says she doesn’t understand recent calls for businesses to leave Canada.
Vantage Points: Anne Stevens explains how Canada almost lost AbCellera to the US
AbCellera wants to be BC’s life sciences anchor company. It almost didn’t happen.
Vantage points: Josh Nilson thinks BC should focus on its sector strengths
East Side Games co-founder says Canada’s “forgotten stepchild” is a global leader in gaming and climate tech.
Canadian-founded, YC-backed Revyl closes $1.5 million CAD to help companies catch bugs with AI
Uber experiment leads to bug-solving spinout built to replicate end-user testing.
Canadian tech’s lost generation
Plus: VC departures, political mudslinging, and a new centaur startup.