Techopia

While about three-quarters of Virica’s 50 customers are gene therapy producers, founder and CEO Jean-Simon Diallo says his firm’s technology also accelerates the production of vaccines.

An Ottawa-based Canadian startup accelerator designed to help entrepreneurs grow their great ideas into thriving tech companies celebrated the graduation of its ninth cohort Thursday.

Ottawa firm reported revenues of $683,949 in the three-month period ending Feb. 28, down from $3 million in the first quarter of 2022. 

The project is supposed to create and provide training for hundreds of jobs in Kanata and Montreal, while establishing Canada as one of Ericsson's global research and development hubs.

Despite only having been in Canada for four years, Soheil Ataie is already a familiar face among the region’s entrepreneurship incubator programs. 

The Ottawa firm, which specializes in customer survey and data collection software, reported revenues of $23.5 million in the 12-month period ending Dec. 31.

The contract win comes less than two months after the Ottawa firm appointed veteran tech executive Philip Deck as co-CEO to lead its pursuit of bigger customers.

Six-person Ottawa cleantech startup is one of nine companies from around the world that’s taking part in a three-month accelerator program in Oslo, Norway, backed by international investment firm Techstars and Norwegian energy company Equinor.

learn about the topsy-turvy technology recruitment scene, with some local companies starving for talent and others shedding jobs, from experts at Technata.