Techopia

Tech sector says more job cuts to come as Elevate conference gets underway

Recent data counts 630 startups worldwide which have let go of 80,902 employees this year alone. About 1,193 startups have laid off 176,874 workers since the pandemic began.

BDC launches $500M investment platform to help boost women led businesses

The $500-million investment platform will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle in the business world.

Vaccine-maker’s Ottawa R&D efforts get boost thanks to millions in fresh funding

VBI Vaccines will immediately have access to up to $50 million (all terms U.S.) in cash, consisting of $30 million in refinanced funding as well as $20 million in new financing.

Digital agency WebMarketers acquires web development firm Atomic Motion

At 35 employees, combined entity is now one of the largest players in the capital’s digital marketing space.

Techopia Live: Noibu scaling at unprecedented rate

In this episode of Techopia Live, Noibu co-founder and CTO Filip Slatinac shares the company’s origin story, explains how Noibu is helping clients and teases what’s next.

Invert secures $25M in fresh capital to fund carbon-capture push

Ottawa startup says cash will go toward funding technology that reduces the amount of carbon in the atmosphere and developing its app that helps consumers track their own carbon footprints.

What’s in a name? Corel says rebranding to Alludo reflects venerable software firm’s evolution

The iconic name that still evokes smiles from many of its past employees is no longer front and centre as Ottawa-based company strives to reinvent itself decades after its heyday. 

Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG

The auditing firm says fintech companies in the country garnered US$810 million in investments across 85 deals in the first half of 2022, down from US$1.9 billion in the second half of 2021.

Shopify names Morgan Stanley executive as new chief financial officer

Shopify founder and chief executive Tobi Lutke says the company will benefit from Hoffmeister's more than 20 years of investment banking experience in the technology sector.

Curating the perfect business meeting in Kingston

Ted Robinson isn’t originally from Kingston, and that, he says, allows him to see the city from...

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