Techopia Staff

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.

Angel fund backed by Shopify execs chooses AI startup Heirlume for first investment

Backbone Angels is among the investors in T.O.-based firm's $1.7-million seed round. 

The Ottawa entrepreneur fixing volunteer board meetings

How Pat Crosscombe navigated the inevitable highs and lows of entrepreneurship while ensuring she and her team had fun along the way.

Thermal Energy sees steep drop in Q3 revenues amid stricter COVID protocols

Ottawa cleantech firm reported revenues of $3.7 million for the three-month period ending Feb. 28, down from $5.8 million a year earlier.

IBM to provide tech, training to Carleton University AI, data analytics students

Tech giant signs five-year deal to provide “joint research and educational initiatives” and become an adviser at university’s big data analytics hub.
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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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