Techopia Staff

Montreal firm acquires Ottawa-based fintech platform Ario

Locally headquartered startup uses proprietary data and AI technology to offer lending and cash-flow management services to small businesses.

Shopify takes hit as ‘stay-at-home’ stocks tumble on positive vaccine news

E-commerce powerhouse’s stock price dipped nearly 14 per cent ​– or more than $185 ​– to $1,173.53 on the Toronto Stock Exchange on Monday.

Spartan Bioscience cleared to launch trials for COVID-19 test upgrades

Company says it hopes to get Health Canada’s approval to market the test “in the coming weeks.” 

Former Amazon, IBM exec joins Ottawa’s Decisive and BriteSky Technologies as CEO

Local companies' leaders said they needed to shake up their C-suites if they wanted to maintain growth trajectory and compete on a global scale.

Techopia Live: Inside omNovos’s M&A playbook

Alongside its impressive organic growth, omNovos has also scaled up through acquisitions and has joined forces with two companies on the West Coast in recent years.

Telesat turns Q3 profit despite dip in revenues

Ottawa-based satellite equipment provider posted a net income of $107 million in the quarter ending Sept. 30.

Coming off record fiscal year, Ottawa’s Thermal Energy books $1.5M hospital contract

Local cleantech firm reported record revenues of $21.4 million in fiscal 2019, up two per cent from a year earlier.

Shopify partners with TikTok to launch ‘shoppable video ads’

Customers can click on ads to buy products on Shopify merchants' websites under new deal announced Tuesday.

Ottawa’s C-COM Satellite Systems swings to Q3 profit

Despite facing “headwinds” from the COVID-19-fuelled economic downturn, local firm finished the quarter more than $200,000 in the black.

Spartan Bioscience targeting fall approval for rapid COVID-19 test upgrades

Ottawa firm says it has applied to Health Canada to begin clinical trials on a fix for its rapid COVID-19 testing device after the agency had concerns about the test’s effectiveness.
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For Ottawa-based tech founders looking to raise capital, these are challenging days. The "valley of death," that precarious gap between initial startup and sustainable growth, appears to be widening. While early funding often comes from family and friends, angel investors play a critical role in bridging this gap. In Ottawa, the Capital Angel Network (CAN) has anchored the local angel investor ecosystem since 2010. Despite a downturn in venture capital nationally, CAN bucked the trend in 2025, recording its second-biggest year in history. With a membership that includes individual angels, venture capital firms, family offices, and accelerators, CAN invested approximately $8 million in 2025 alone. In this episode of Techopia Live, OBJ publisher Michael Curran speaks with Suzanne Grant, the executive director of the Capital Angel Network. They discuss: -- Deal Flow in 2025: Why CAN ranked as the number one angel group in Canada for the number of deals invested last year. -- The Impact of AI: How investors are looking for a "moat" in an increasingly crowded AI sector. -- Diversity: How CAN is leading the country with 37% women investors, helping to diversify the local deal flow. -- Noteworthy Investments: Recent support for local and regional innovators like Marlowe, Plantaform, and Hyalodex. Chapters: 00:00 Intro 02:15 Introducing Suzanne Grant 14:02 Sponsor Segment 20:50 Capital MASHUP and NACO Summit 2026 22:25 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/
Techopia Live: Local angels defy VC downturn | Episode 296

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