Prime Minister Justin Trudeau announced today that the federal government is investing $52.4 million in a Scale-Up Platform, which will see Communitech, MaRS Discovery District, and Invest Ottawa come together to support Canadian tech companies. “For the first time in decades, we have a crop of scale-ready firms that are on the path to $100 million.” “When it comes to… Continue reading Federal Government Invests 52.4 Million into Scale-Up Platform
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Canadian Government Calls for Cleantech Transportation Project Proposals
The Government of Canada has announced the second call for proposals under the Clean Transportation System – Research and Development program. “Smart investments in clean transportation solutions, we are building a sustainable transport infrastructure.” The program looks to support the development of clean transportation technologies and innovations in marine, aviation, and rail. It funds technologies… Continue reading Canadian Government Calls for Cleantech Transportation Project Proposals
Canadian Tech Needs To Redefine Its Sense of Scale
“If, like me, you spend a lot of time poring over the latest in Canadian tech, chances are good that you see both the huge potential of our technology companies and the simultaneous challenge: too often, they’re being held back by Canada’s scale-up deficit. This, of course, isn’t news. In all the years I’ve participated… Continue reading Canadian Tech Needs To Redefine Its Sense of Scale
Shopify Expands Its Efforts More Into Brick-and-Mortar
Founded as an ecommerce company more than a decade ago, Shopify is looking to become much more than an online platform. Recently hiring a new director of retail, Shopify continues to expand its retail presence in its quest to become the hub for all merchants. Shopify has been quietly growing its retail product line over the… Continue reading Shopify Expands Its Efforts More Into Brick-and-Mortar
Waterloo-based Aexos Ships First Batch of “Smart Shirts”
Aexos (Advanced Exoskeletal Systems), a Kickstarter-funded wearables company based in Waterloo, has announced the first shipment of its wearables product, a “smart shirt” designed to reduce whiplash of the head and neck in high intensity sports. Founded in 2015, Aexos is the designer of the Halo, a compression shirt that aims to provide neck and… Continue reading Waterloo-based Aexos Ships First Batch of “Smart Shirts”
Presto raises $30M to bring its AI platform and tabletop ordering hardware to restaurant chains
Interesting to see how the consumer behaviours will change relative to the company’s growth.
WeWork launches skills-based profiles as a value add for tenants
This is the best way to stay relevant as a larger scale-up company – continue to bring value to your current customers, and entice new ones.
Centech Opens 10 New Innovation Spaces and Receives Funding to Support Startups
This further illustrates how good Canada is at incubating technology and innovation.
Startups Predictions for Southeast Asia from VCs
Whether it’s driven by opportunity, exits from North America or liquidity from monetary policy change, Southeast Asia looks well poised to receive growth capital from abroad.
Meet Caper, the AI self-checkout shopping cart
The Amazon boogie-man has every retailer scrambling for ways to fight back. But the cost and effort to install cameras all over the ceiling or into every shelf could block stores from entering the autonomous shopping era. Caper Labs wants to make eliminating checkout lines as easy as replacing their shopping carts while offering a more familiar experience… Continue reading Meet Caper, the AI self-checkout shopping cart