News from across the Regional Innovation Centres

We have gathered news from all the regional innovation centres (RICs) in Ontario. Be sure to connect with your local RIC to be a part of your local ecosystem.

Vessl Prosthetics Attains Oversubscribed Pre-Seed Funding to Propel Innovation in Prosthetic Solutions

Vessl, a London-based startup specializing in advanced prosthetic systems, recently announced the successful completion of its oversubscribed pre-seed funding round, which will accelerate the development of its innovative prosthetic devices. This financial backing aligns with Vessl’s mission to empower amputees,…

MaRS 2024: A Year in Review

The MaRS Discovery District recently published its 2024 Year in Review, highlighting notable achievements, initiatives, and impacts made throughout the year. MaRS, a leading innovation hub in Canada, focuses on fostering entrepreneurship, supporting startups, and driving social innovation, with a…

The Expansive Influence of AI

Emerging technologies, particularly artificial intelligence (AI), are set to revolutionize productivity, healthcare, and energy systems by 2025. Experts predict significant shifts in these areas, driven by both advancement and adoption of these technologies. AI’s Impact on Workplace Productivity John Trougakos,…

10 Companies Poised for Success in 2025

As we anticipate 2025, ventureLAB proudly highlights ten impactful companies that embody entrepreneurial spirit and innovation, propelling Canada’s hardware and tech ecosystem forward. These companies are part of various programs including the Hardware Catalyst Initiative, Capital Investment Program, and Accelerated…

Canadian News Update

The recent implementation of a policy by Meta, which restricts Canadian news outlets from sharing their content on Facebook and Instagram, has significantly affected the accessibility of Canadian news. In response to this situation, WeTechAlliance has compiled a list…

Local News Highlights

Meta's recent policy changes have significantly hindered access to local news in Canada by restricting national news outlets from sharing content on Facebook and Instagram. As a result, residents may find it challenging to stay updated on regional developments. To…

Ontario News Digest

In response to Meta's policy change that restricts Canadian news outlets from sharing their content on Facebook and Instagram, there is a growing concern about access to relevant news in Canada. To counter this disruption, we are curating a list…

Entrepreneurial Pivoting: Insights from Mujir Muneeruddin, Chairman of Velocity1 Group and Partner at Pallett Valo

Mujir Muneeruddin, a dynamic lawyer, investor, and entrepreneur, embodies the fusion of diverse professional skills, contributing to his impactful role as Chairman of Velocity1 Group, a forward-thinking investment firm geared towards clean tech, manufacturing, and real estate optimization. His multifaceted…

Ontario invests in ApoSys Technologies to ensure the future of Canadian railways

On December 18, 2024, ApoSys Technologies Inc., a leader in railway infrastructure inspection, announced a successful demonstration of its Apollo Framework, an automated track inspection system aimed at enhancing rail safety and resilience against weather-related challenges. This initiative, developed with…

Enedym Partners with Toyota Tsusho Canada to Fast-Track Next-Generation Electric Powertrains for Airport Ground Support Equipment

Enedym, Inc., a Canadian technology firm focused on advanced switched reluctance motors (SRMs) and electric powertrains, has partnered with Toyota Tsusho Canada, Inc. (TTCI), a member of the Toyota group, to create rare earth metals-free electric propulsion motors for airport…

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