Movement51
Posted in General

Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment

University of Alberta secured $4.25 million across three projects. Provincial funding agency Alberta Innovates is making a collective $13.6-million investment into 19 projects meant…

Continue Reading Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment
Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
Posted in General

Founders of VendorPM, Shakudo, Moment Energy among C100’s 2023 fellows

C100 also appointed PointClickCare CEO Mike Wessinger, Kijiji founder as co-chairs. Non-profit Canadian tech member association The C100 has unveiled the participants in this…

Continue Reading Founders of VendorPM, Shakudo, Moment Energy among C100’s 2023 fellows
Lightspeed payments
Posted in General

Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project

Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue. Canadian tech unicorns Ada, Clio, and Lightspeed are among the…

Continue Reading Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project
Kraken Sense
Posted in General

Water sampling, agtech startups among Ontario Genomics’ first cohort for BioCreate program

Each company will receive $150,000 from Ontario Genomics. Ontario Genomics, a research organization funded by the provincial and federal governments, has unveiled the…

Continue Reading Water sampling, agtech startups among Ontario Genomics’ first cohort for BioCreate program
Shopify changes employee compensation model: “being a manager now has no effect on compensation”
Posted in General

Shopify claims best conversion rates among checkout solutions on the market

Shopify said its overall conversion rate outpaces competitors by 36 percent. Shopify claims it has the best percentage of website visitors buying something,…

Continue Reading Shopify claims best conversion rates among checkout solutions on the market
Elevate Main Stage
Posted in General

Elevate to return for 2023 with Lisa LaFlamme, Dragons’ Den, and Shark Tank stars among speaker lineup

Policy regulations around AI, Bill C-11 will be discussed at Elevate this year. Canadian tech conference Elevate is returning for its second year…

Continue Reading Elevate to return for 2023 with Lisa LaFlamme, Dragons’ Den, and Shark Tank stars among speaker lineup
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
Posted in General

BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs

Over 500 jobs are expected to be created from the investment. Ten tech companies and organizations based in Vancouver are receiving a cumulative $25.7…

Continue Reading BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs
Hockeystick BC
Posted in General

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. Most Canadian tech ecosystems were hit hard by the economic headwinds of…

Continue Reading BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022
child literacy
Posted in General

Paper acquires literacy tool Readlee to help curb pandemic-fuelled literacy crisis among children

Readlee was created by Harvard researchers and masters teachers. The pandemic has been especially difficult for schools, causing sporadic closures and staff shortages. Not…

Continue Reading Paper acquires literacy tool Readlee to help curb pandemic-fuelled literacy crisis among children
Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts
Posted in General

Cohere among first investments from Salesforce’s new $250 million AI fund

Toronto-based startup Cohere is among the first four companies to receive funding from Salesforce Ventures’ newly-launched $250 million fund as part of a broader…

Continue Reading Cohere among first investments from Salesforce’s new $250 million AI fund