Iconiq reportedly buyer of $100-million worth of Wealthsimple employee shares
Last week when Power Corp. revealed it had marked up the valuation of its controlling stake in Wealthsimple, BetaKit reported that Power’s Q3 financial results indicated the Toronto FinTech giant was engaged in a third-party secondary transaction expected to close during the fourth quarter. At the time, Wealthsimple declined to share further details. “We wanted […]
FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
The United States Food and Drug Administration (FDA) has approved the use of a cancer-treating antibody originally developed by Vancouver-based biotech company Zymeworks. Dublin, Ireland-headquartered Jazz Pharmaceuticals announced this week that the FDA had approved use of Zihera, an antibody that treats adults living with a form of biliary-tract cancer, in the US. In 2022, […]
The Reporting Hub, Moovez, and ResVR stand out among Calgary’s startups at Launch Party 2024
It’s tech awards season in Alberta as Innovation Week YYC 2024 wrapped up on Thursday with the annual Launch Party, where three of Calgary’s top 10 startups are recognized by alumni, the audience, and Alberta’s innovation minister. Coming on the heels of the 2024 Start Alberta Tech Awards earlier this week, Launch Party is meant […]
Neuralink in Canada, Champagne in the Valley
QUIZ START The post Neuralink in Canada, Champagne in the Valley first appeared on BetaKit.
DémultiplIA will connect AI startups with academic research (for a price)
A new government-funded program in Québec aims to help startups and small businesses integrate artificial intelligence (AI) into their operations. But unlike several of Québec’s other innovation-focused initiatives, this one comes with a price tag. DémultiplIA, offered through the Institute for Data Valorization (IVADO), will select 15 startups and small-to-medium enterprises (SMEs) every year and […]
AI skills are becoming non-negotiable. Here’s how job seekers can stay ahead in #CDNtech
Tech moves fast, and keeping up means constantly upskilling. Over the past two years, roles in automation, artificial intelligence, and machine learning have skyrocketed in demand. According to the 2024 Annual Work Trend Index from Microsoft and LinkedIn, which surveyed 31,000 people in 31 countries, two-thirds of leaders said they wouldn’t hire someone without AI […]
Following Québec launch, NotaryPro brings online, in-store notarization services to Staples Canada
Oshawa, Ont.-based legaltech software startup NotaryPro has partnered with Staples Canada to bring its notarization services to the office supply retail company’s website and stores. The partnership will allow Canadian individuals and businesses to complete online notarization using NotaryPro’s software. On Nov. 18, Staples stores across Canada began introducing online terminals where customers can connect […]
BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
The Business Development Bank of Canada (BDC) has launched a new community banking initiative it says will help grow the number of small business owners that can access financing. Through BDC Community Banking, the Crown corporation is looking to partner with more than 80 community-based lending organizations to provide new financing and advisory capabilities to […]
Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial
Health Canada has given the all-clear for Neuralink, the Elon Musk-owned brain implant technology company, to launch a clinical trial in the country. The trial is currently seeking individuals with limited or no ability to use both hands. Neuralink first opened a Canadian patient registry in anticipation of approval this past March. The investigational medical […]
Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
For the seventh year, Start Alberta spotlighted startup and venture capital leaders from across the province’s tech ecosystem at the 2024 Start Alberta Tech Awards. Since 2018, the awards have been given out across 11 categories, including women in tech, deals, service, and impact. This year’s awards, held at Studio Bell in Calgary, celebrated standout […]