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Happly.Ai, Verano.ai, aiphrodite.ai among winners at INNOVATEwest 2024 

INNOVATEwest touched down in Vancouver this week, and several Canadian startups and teams are going home with some sweet, sweet prize money. Thousands of members of Canada’s tech ecosystem gathered at the Vancouver Convention Centre for the inaugural INNOVATEwest conference. The event featured conversations with Canadian tech leaders and investors spanning artificial intelligence (AI), FinTech, […]

Contango Digital Assets closes $5 million for “Blockchain x AI” seed fund

Toronto-based venture capital firm Contango Digital Assets has closed the first $5 million of its targeted $10-million Blockchain x AI Seed Fund.  The fund has already invested in a couple Canadian companies from the $1.5 million that has already been deployed. Contango says the fund is backed by Dean Skurka, the CEO of one of […]

R|T: The Retail Times – StubHub plans to test IPO market this summer

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using this form to ensure you don’t miss out on the most important retail tech news every week! StubHub Plans Summer IPO in New Test of Market Online ticketing marketplace StubHub is aiming to go […]

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More Windows PCs previously blocked are now able to upgrade to Windows 11. Apple has fallen to number two in terms of iPhone market share. Salesforce makes news with a possible acquisition of Informatica. And a new AI wearable device gets savage reviews. All this and more on the “winners and losers” edition of Hashtag […]

Capital gains tax changes strike a nerve with Canadian tech ecosystem

In response to the proposed capital gains measures in Budget 2024, more than 150 leaders have already signed an open letter by the Council of Canadian Innovators (CCI) calling on Ottawa to claw back the changes. The budget proposes lifting the inclusion rate businesses pay on capital gains from 50 percent to 66.7 percent, beginning […]

DMZ receives $500,000 grant to expand Basecamp program for student entrepreneurs

DMZ has received $500,000 CAD from the Embark Student Foundation’s Major Grant Program to expand its student-focused entrepreneurship programming. The Toronto-based incubator specifically plans to expand Basecamp, its hybrid summer entrepreneurship program that helps students turn their ideas into tech solutions for social or economic challenges. Basecamp will now be offered in two phases: “Sprint” […]

Well Health acquires 10 primary care medical clinics from Shoppers Drug Mart

Vancouver-based digital healthcare company Well Health Technologies has acquired 10 primary-care medical clinics across British Columbia (BC) and Ontario from Loblaw-owned Shoppers Drug Mart.   The deal, made through its subsidiary the Well Health Clinic Network, will see Well Health acquire all primary care medical clinics operated by Shoppers Drug Mart under The Health Clinic by […]

Eocycle Technologies secures $25 million CAD to expand wind turbines in US, Europe

Montréal-based cleantech company Eocycle Technologies has closed $25 million CAD in Series A funding as it looks to expand its distributed wind turbines in the United States and Europe. The deal closed earlier this month and was led by Export Development Canada (EDC), which contributed a $10-million equity investment. The round saw additional participation from […]