Techopia

UOttawa startup gets $4M funding boost for technology that curbs ‘freezer burn’ in stem cell tissue

PanTHERA Cryosolutions says it’s secured a $4-million investment from a pair of U.S.-based firms to help get its solution ready for market over the next two years.

‘A game-changer’: How Spartan retooled its patented rapid DNA test to tackle COVID-19

Ottawa biotech firm predicts revenues will top $200 million this year ​– and only rise from there.

Spartan Bioscience says rapid COVID-19 test has Health Canada’s approval

Ottawa company says it plans to begin shipping the device “immediately” to federal and provincial governments as well as commercial customers.

Ottawa biotech startup gets US$1M boost in quest to find treatment for muscle-wasting disease

Scientists at Satellos Bioscience are working on a drug that will help regenerate muscle tissue in patients who suffer from Duchenne muscular dystrophy.

Ottawa’s Thermal Energy wins $770K contract with Canadian hospital

It’s the latest deal in what CEO William Crossland said is shaping up to be a big year for local cleantech firm.

Franchise shift: Gatineau software firm acquired by U.S. franchise management giant

FranConnect announced this week it has acquired LavaBlast Software, which makes a platform used by franchisors to maintain consistent standards across their operations.

Kanata optical networking technology provider Optelian acquired by Texas firm

Local company founded in 2002 specializes in “hardened” optical networking technology designed to withstand extreme heat, cold and humidity.

Fraud detection software maker with major Ottawa presence sold to T.O. company

Launched about 10 years ago, Alessa specializes in artificial intelligence software that aims to thwart financial crimes such as money-laundering.

‘People are expecting big things of us’: Ottawa’s Rewind gets US$15M funding injection

Company will use the fresh equity to fuel its continued expansion as it builds out its subscription-based platform that backs up customers’ sales and financial data in the cloud.

End of an era: You.i TV co-founder Jason Flick exits Kanata tech firm

The company Flick affectionately refers to as his “third child” landed more than US$50 million in venture capital before being acquired by WarnerMedia last month.

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