Techopia Staff

Ottawa biotech firm Spiderwort earns ‘breakthrough’ status from U.S. health regulator

Startup hopes special designation will help it gain faster approval for revolutionary “biohacking” technology.

Kanata’s Evidence Partners lands $900K in fresh federal funding

Software company has seen demand for its platform that streamlines the medical research process for academics, health organizations and other agencies skyrocket during the pandemic.

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.
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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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