Space-tech startup Mission Control shoots for the Moon (and Mars) with funding from GreenSky BetaKit
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Space-tech startup Mission Control shoots for the Moon (and Mars) with funding from GreenSky BetaKit

Mission Control’s customers have included the Canadian Space Agency, NASA, and MDA. Ottawa-based software startup Mission Control wants to make it easier for other…

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pride flag
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Canada invests $25 million in a new program to address barriers for 2SLGBTQI+ entrepreneurs

As Pride month events are underway, the Government of Canada is investing $25 million to establish an entrepreneurship program focused on supporting 2SLGBTQI+ business…

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The Saltworks team
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List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms

Mara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others. Earlier this month, Sustainable Development Technology Canada (SDTC) unveiled its…

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Mayor Tory’s departure, competing bids, and financial pressure on province and feds place Collision’s future in Canada in doubt
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Mayor Tory’s departure, competing bids, and financial pressure on province and feds place Collision’s future in Canada in doubt

Collision ups ask to north of $40 million CAD for an extended three-year stay, as five other cities vie to host the conference. While…

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University of Toronto one of nine schools chosen for Eric Schmidt’s new $148 million AI research initiative
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University of Toronto, Université de Montréal get combined $325 million as part of $1.4 billion federal investment into university innovation

Other projects focus on sustainability, health, and migrants. The University of Toronto and Université de Montréal have received a combined $325 million from the…

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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund

Kensington becomes first VCCI-supported fund of funds to announce it has closed financing. Toronto-based Kensington Capital Partners has raised $158 million CAD in the…

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Federal #Budget2023 includes cleantech commitments, little else for innovation
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Federal #Budget2023 includes cleantech commitments, little else for innovation

Budget 2023 includes $500 million over 10 years to SIF for cleantech. The Government of Canada has published its 2023 budget, which is heavy…

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BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
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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…

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CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm
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CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm

Longer-term impact of SVB fallout has some in Canadian tech worried. While Kim Furlong admits that actions taken by regulators appear to have assuaged…

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Canadian tech calls on feds to inject more liquidity into sector over concerns of SVB-caused “full-blown crisis”

Letter asks Government of Canada to extend bridge financing program, guarantee secured loans on SVB deposits. As the Canadian tech sector contends with the…

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