Techopia Staff

Clearford Water Systems takes out US$2M in new loans to boost balance sheet

The Ottawa-based water solutions company said earlier this week the new loans are valued at US$1 million each and carry an interest rate of 9.75 per cent.

Soaring stock price lands Shopify at No. 2 on TSX’s hot 30 list

The Ottawa-based e-commerce powerhouse’s share price has risen 846 per cent on the Toronto exchange over the last three years.

Kanata firm to beef up production of COVID-19 testing agents

Evik Diagnostic Innovations says it plans to invest $1.5-million in new automated assembly line as well as robotic and AI technology.

Techopia Live: How Ottawa cleantech firm BluWave-ai is powering a smart-grid revolution

Firm recently made headlines by signing a multi-year deal to supply its cloud-based tech to Tata Power, India’s largest integrated power company.

Fame and Fortune: Finkelstein cracks U.S. publication’s Forty Under 40 list

Shopify's president joins a group that also includes tennis star Naomi Osaka, Tesla CFO Zach Kirkhorn and TikTok CEO Shou Zi Chew.

BluMetric’s Q3 revenues up nearly 25% to $8.5M

Ottawa cleantech firm credits rising sales to its industrial and government customers for the increase.

Driverless shuttle developed in Ottawa hits the road in Whitby

Stittsville-based SmartCone's sensors will help detect pedestrians and other obstacles as self-driving shuttle ferries passengers back and forth from a southern Ontario transit station.

Martello’s losses rise slightly as revenues surge

Kanata-based network troubleshooting software firm reported sales of $4.4 million for the three-month period ending June 30.

Leonovus posts zero revenues in Q2 as software firm chases government contracts

The firm brought in just $78,000 in total revenues in the first half of 2021 after generating record sales of $327,000 in 2020.

Field Effect hires former Fullscript exec Peter Hunter as CFO

Hunter also served as CFO and chief operating officer at local health-tech startup Privacy Analytics, where he oversaw the company’s sale to U.S.-based IMS Health.
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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