Province chips in $2.5M to help boost Siemens’ Ottawa facility
Siemens Healthineers is spending $20 million to increase manufacturing capacity at its plant on Brookfield Road, a project that’s expected to create nearly 100 jobs.
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Techopia Staff
VC funding to Ottawa firms continues downward slide in Q1, new report says
Funding to locally based companies is down more than 50 per cent year-over-year to $9 million.
Intouch Insight revenues down 32% in first quarter
Ottawa software company blamed the drop on the economic effects of the pandemic.
Meet Ottawa’s 2021 Bootstrap Award winners
List includes a manufacturer of ultra-efficient solar panels, a fast-growing software firm that sells an e-commerce bug-detection platform and a pharmacy dedicated to cancer patients.
Tetra Bio-Pharma closes $10M public offering to fund drug research
CEO Guy Chamberland told OBJ earlier this year firm is working on breakthrough treatments for sepsis and acute respiratory distress syndrome.
Telesat turns Q1 profit despite 9% revenue dip as pandemic plays havoc with key customers
Ottawa-based company reported revenues of $190 million for the three-month period ending March 31, down from $208.7 million a year earlier.
Intouch Insight kickstarts $3.7M deal to acquire customer experience measurement firm
Talks to acquire unnamed company were put on hold early last year due to the pandemic.
DeCODE helping tech firms connect with remote talent
The growing acceptance of remote work is opening vast new talent pools for many businesses.
ProntoForms grows Q1 revenues, posts bigger net loss as it beefs up marketing efforts
Kanata firm reported revenues of $4.6 million for the three-month period ending March 31, up from $4.24 million a year earlier.
Ottawa software firm Leonovus posts tenfold rise in revenues in 2020
Struggling company brought in $327,000 last year, up from $32,000 in 2019.
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