Ontario budget gains kudos for streamlining procurement, increasing access to skilled talent
“Minister Bethlenfalvy and the Ontario government has listened to many of our members’ concerns.”
Coveo CEO Louis Têtu wants to take risk out of generative AI
“We’re very confident of our advance here,” says the CEO.
Alberta Innovates invests $30 million into Alberta Machine Intelligence Institute to spur research
New funding will attract investment and create jobs, says innovation minister.
Amazon won’t confirm how many Canadians impacted by forthcoming 9,000 employee layoffs
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
Operto eyes bringing its electronic check-in and check-out experience to more hotels.
Vendasta acquires customer engagement platform Broadly
Deal marks an acceleration of strategic growth plans for both startups.
As regulators take over SVB Canada, companies still have questions about impact
CCI estimates low risk for the majority of Canadian companies.
Adaptis secures $2 million CAD to help building owners move to net zero with AI
“Using deep tech to do deep decarbonization is really where we think the gap is.”
Uplinq partners with World Bank Group-linked global network to educate on financial inclusion
FinTech recently raised $820,000 CAD for its global credit assessment platform.
Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup
The COO is the latest in a string of exec changes at Lightspeed.
AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals
AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures.
MaRS, adMare BioInnovations launch new biotech accelerator for early-stage ventures
New accelerator will provide valuable lab space, mentorship.
CDPQ makes executive changes following Celsius investment write-off
Crypto winter chill touches more Canadian funds, startups.
At adtech startup Nova, president Matt Crenshaw steps into the CEO position
Former CEO Gupta shifts over to the board, advisory role.
Despite market conditions, 2022 second-highest year on record for Canadian venture capital
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.”