David Sali

Dave is OBJ's senior features writer with two decades of experience in the newspaper industry working for a variety of publications from community weeklies to major dailies. He is a four-time award-winning journalist by the Alliance of Area Business Publishers (AABP). He has received awards for best news feature, best scoop and best overall writer among medium-sized business publications.
https://www.linkedin.com/in/dave-sali-62882925/

Nearly 300 Ottawa office buildings could be candidates for ‘adaptive reuse,’ new study says

No ‘immediate exposure risks’ to portfolio in wake of Silicon Valley Bank’s collapse, Mistral Venture Partners says

One of Ottawa’s biggest venture capital firms said Monday it “has managed to resolve all immediate exposure risks” for the eight companies in its portfolio that have relationships with Silicon Valley Bank.

Ottawa REITs see big jump in rental occupancy rates – but expenses are rising too

In financial filings this week, InterRent REIT and Minto Apartment REIT both reported big jumps in revenues compared with a year earlier – although headwinds such as rising interest rates have boosted the cost of financing their holdings and eaten into their bottom lines.

Ottawa-based Getit hopes merger puts delivery firm on fast track to profitability

Food delivery enterprise is merging with Vancouver mobile commerce app developer Perk Labs in a move the companies hope will better position them to compete toe-to-toe against industry behemoths like DoorDash and Skip the Dishes.

ProntoForms’ revenues rise 12% in fourth quarter as firm boosts sales spending

ProntoForms, which keeps its books in U.S. dollars, reported revenues of $5.61 million in the three-month period ending Dec. 31, up from $5.01 million in the fourth quarter of 2021.

As grocery bills soar, local startups plant seeds of ‘food sovereignty’ for Canadians

Cultivatd and Fieldless Farms' rise comes as food supply chains are under growing scrutiny amid a rapid escalation in the prices of everything from produce to meat. 

Ottawa software firm InitLive acquired by U.S. company

Kanata-based firm develops software for managing and scheduling volunteer event staff for non-profit organizations.

Former military commander targets ‘non-traditional’ investments with ONE9 VC fund

For a long time, Glenn Cowan argues, defence was a “dirty word” in the Canadian investment community. But the founder of Ottawa-based ONE9 Venture Partners says that’s changing.

FanSaves hopes U.S. accelerator program puts it on fast track to global markets

South Grenville-based "digital coupon" venture is one of just 10 startups from among more than 900 applicants across 40 countries chosen to take part in the 2023 Comcast NBCUniversal SportsTech Accelerator that began last week in Florida. 

Germany’s Infineon to buy Kanata semiconductor firm GaN Systems for US$830M

The announcement comes less than 15 months after GaN Systems raised US$150 million in fresh venture capital to ramp up research and development of its high-speed power semiconductors that are now used by more than 2,000 customers, including BMW, Dell, Samsung and Siemens.
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