Executive director Michael Buhr wants C100 to help Canadian tech startups scale
Seven months after taking over C100, Michael Buhr has set some ambitious new goals for the organization: by 2030, he wants the not-for-profit member association to help 100 companies reach $100 million USD in revenue, and at least 10 of them crack the $1-billion mark. C100 aims to help 100 Canadian tech startups reach $100 […]
Six Canadian universities among PitchBook’s 2024 top 100 schools for founders
Six Canadian universities have landed spots in Pitchbook’s recent Top 100 list of post-secondary institutions that produced the most founders at the undergraduate level. The University of Waterloo topped the list of Canadian universities and ranked 21st globally for the third year in a row. McGill and the University of Toronto (U of T) followed, […]
Can Canadian FinTech woo the customers that banks have left behind?
Koho recently announced a new product aimed at helping tenants build credit by consistently paying rent. It’s not the first startup to offer this feature—both Borrowell and Chexy have similar offerings—but it highlights how Canadian FinTech companies fill gaps in the market left by traditional banks. Earlier this year, Beacon launched from stealth to build […]
Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r
Eight years after making waves in the wearables market with Recon Instruments, Hamid Abdollahi is back with something new. A co-founder at Recon, which developed smart glasses and wearable displays for athletes, Abdollahi served as the company’s chief technology officer. Earlier this summer, his latest venture, Vancouver-based Matt3r, introduced K3y—a device that turns cameras in […]
Report: Québec venture ecosystem still “highly dependent” on public and para-public funding
Québec’s venture capital ecosystem has made impressive strides over the past decade, yet it remains heavily reliant on public and para-public funding to sustain its momentum, according to a new report from Québec-based investment industry association Réseau Capital. The report, which traces the evolution of Québec’s venture capital industry from 2013 to 2023, aims to […]
AI roundtable: Hugging Face, Zapier, Tenstorrent (and more)
Our producer and editor, Jess Schmidt, did such a good job pulling together last week’s episode while Rob and I were enjoying some summer fun in the sun that we asked her to do it again this week. “Verticalized AI applications right now are available, right now accelerating industry after industry.” It’s no surprise that […]
A100, HaloHealth, InterGen get federal funding boost to help commercialize Alberta tech
The federal government is investing $15.6 million in 16 projects to boost technology commercialization in Alberta. The investment is being made through Prairies Economic Development Canada (PrairiesCan), the federal regional development agency for Alberta, Manitoba, and Saskatchewan. Each of the 16 projects will be supported by a non-profit organization, some of which are well-known to […]
Carbon6 acquires American firm Junglytics to provide AI tools for Amazon sellers
Toronto-based e-commerce software aggregator Carbon6 has acquired Washington, DC-based artificial intelligence (AI)-powered retail analytics platform Junglytics for an undisclosed amount. Carbon6 will open a European office in Belfast, Northern Ireland, in the fall. Carbon6 said in a statement that the acquisition will integrate Junglytics’ AI technology with its own data platform to provide online sellers […]
Here’s what will make or break the next wave of Canadian IPOs
The Canadian tech IPO market might seem like a ghost town right now, but Mia Morisset, Principal at Inovia Capital, is optimistic about the potential for a comeback. After two years of wrestling with high interest rates, inflation fears, and global instability, going public has become a distant dream for Canada’s SaaS scale-ups. Many of […]
Technology complicated travel. FlightHub is simplifying it
Last year, global travel finally returned to pre-pandemic levels. But at the Montréal headquarters of FlightHub, one of North America’s largest online travel agencies, Ramzi Rahbani, FlightHub’s VP of Products, Customer Platforms and Innovation, began to notice that travellers themselves were not the same. FlightHub dramatically retooled its tech to capitalize on the growing desire […]