On January 29, 2025, Innovation Factory announced the selection of 10 companies for the latest cohort of its Runway program, contributing significantly to the development of Canada’s tech ecosystem and attracting global talent. Launched in 2021, the Runway program aims…
Waterloo-based VueReal has successfully raised US$40.5 million in a Series C funding round with plans to scale up its production capabilities and broaden its global ecosystem. Specializing in nanotechnology, the company aims to enhance the manufacturing process for microLED displays…
Concerns about the adverse health effects of pollutants such as particulate matter, nitrogen oxide, sulfur dioxide, ethylene oxide, and benzene are increasing. Exposure to these contaminants can worsen respiratory conditions like asthma and chronic obstructive pulmonary disease and also contribute…
The dilemma faced by a tech startup co-founder regarding an undermining partner highlights a common challenge among business leaders. After early successes, divergent visions for the company have led to conflict between the co-founders, primarily manifesting in board meetings. The…
In 2024, the tech sector is grappling with significant challenges, including widespread layoffs, rising inflation, and a dampening investment climate. These issues are compounded by forecasts from Export Development Canada predicting only modest global growth of 3% by 2025, with…
In a recent discussion between Hessie Jones, David Danks, and Zhuo Li, they explored the rapid evolution of generative AI technologies, highlighting significant shifts in how we understand artificial intelligence. This “paradigm shift,” mainly accelerated by models like ChatGPT, has…
The Altitude Accelerator Award for Board Excellence is presented to Patrick McGuire, recognizing his exceptional contributions to governance and board leadership in fostering success within the innovation ecosystem. McGuire has been an integral member of the Altitude Accelerator Board since…
The Communitech Startup Bootcamp Showcase, held on January 22, 2024, at the Communitech Hub, marked a celebratory evening filled with inspiration and exciting entrepreneurial pitches from 16 founders. Each founder had three minutes to present their innovative solutions to a…
On January 22, 2025, FUNDING matters® Inc. announced a groundbreaking partnership to develop an innovative donor engagement platform aimed at reshaping the philanthropic landscape. This platform merges the company's renowned Giftabulator® donation calculator, known for its tax-efficient donation strategies, with…
In a recent episode of the "Solve for X" podcast, Geoffrey von Maltzahn, general partner at Flagship Pioneering and a leader in generative biology, discussed the transformative potential of artificial intelligence (AI) in the realm of human biology and drug…
The Life Sciences Scale-Up Fund (LSSUF) is an initiative aimed at providing financial support to small and medium-sized enterprises (SMEs) within the life sciences sector in Ontario. The primary goal of the fund is to assist these companies in scaling…
In Canada, primary care providers are grappling with heightened burnout levels, exacerbated by administrative overload, which is leading many to consider leaving their practices. Mahshid Yassaei, concerned by the alarming amount of time healthcare workers spent on data entry—up to…
In the fast-paced world of professional aspirations, achieving goals while maintaining a work-life balance is a common struggle. As the year progresses and to-do lists grow, experts from the innovation community share essential strategies for enhancing productivity without succumbing to…
In the January 2025 edition of Ottawa Business Success Snapshots, three companies from Ottawa are highlighted for their innovation and growth in the business landscape: Esprit-ai, OMG Social Media Agency, and Signiant. Esprit-ai has recently launched an innovative pilot project…
When Canadian startups contemplate international expansion, one critical aspect they must consider is transfer pricing—the pricing of goods, services, or intellectual property exchanged within a multinational enterprise (MNE). As businesses broaden their reach, comprehending transfer pricing becomes essential, particularly in…
Winter ushers in shorter days, colder temperatures, and a lack of sunlight, often contributing to seasonal mood struggles and heightened experiences of depression. One day in particular, known as Blue Monday, has been labeled “the most depressing day of the…
The Foremost 50 List showcases a selection of rapidly growing challenger brands that are transforming the fashion, beauty, home, and consumer goods sectors. These brands stand out for their innovative strategies and distinctive approaches, departing from conventional market practices to…
Summary of "How Canadian Businesses Can Accelerate AI Adoption" This content centers on a podcast episode focused on the accelerated adoption of Artificial Intelligence (AI) in Canadian businesses. The host, Hessie Jones, who is an esteemed author, strategist, investor, and…
In a recent conversation, marketing expert Urs Villiger shared his insights on clean tech marketing and the specific challenges it presents compared to traditional sectors. With a master's in business and over ten years in e-commerce, Villiger transitioned to clean…
When launching a new business, establishing a corporation often comes to mind over operating as a sole proprietorship or partnership, especially when multiple shareholders are involved. Importantly, setting up a comprehensive shareholders agreement between all shareholders and the corporation is…
On January 15, 2025, myStoria, a pioneering platform aimed at revolutionizing the fertility care experience, was officially launched in Toronto. This innovative platform is designed to empower individuals facing the complexities of fertility challenges by providing tools for self-advocacy, organization…
With the Invictus Games fast approaching in Vancouver, Sydney Robinson, CEO and co-founder of Vessl Prosthetics, views the timing as crucial for her startup. The event honors the resilience of veterans and active service members, highlighting the struggles faced by…
Myant, a leader in connected health solutions based in Toronto, has acquired Bitnobi Inc., a Toronto-based innovator specializing in privacy-protected data-sharing software. Bitnobi, founded with support from Toronto Innovation Acceleration Partners (TIAP) and spun out of York University, offers a…
Verv Technologies, a Sudbury-based startup, has secured $250,000 in funding from the Sudbury Catalyst Fund to further develop its innovative medical device that allows users to conduct in-home blood tests. This funding comes as part of a $5 million initiative…
The Synapse Life Science Consortium recently unveiled the 2023 Hamilton Life Science Cluster Report, marking another significant year for Hamilton’s life science framework. First issued in 2021, the report compiles data from various public and private organizations involved in the…
Vessl Prosthetics, a startup based in London, Ontario, has successfully completed its first funding round, securing an oversubscribed pre-seed investment that will accelerate the development of innovative prosthetic devices aimed at improving the lives of amputees. The funding will support…
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,…
In the realm of entrepreneurship, being a founder entails a continuous journey of evolution and adaptation while maintaining alignment with one's initial vision. In the recent "Ask A Founder" webinar, Mehdi Rahman, founder of Talent Samurai and alumnus of the…
Innovation Factory has unveiled the finalists for the 2025 Synapse Competition, Ontario’s premier life science pitch contest, which highlights the vibrancy of Hamilton's life sciences sector. Since its inception in 2013, the competition has fostered over 115 companies, disbursing more…
The Life Sciences Scale-up Fund (LSSUF) provides financial support to help small-to-medium sized enterprises (SMEs) scale up in the life sciences sector. LSSUF aims to help build a pipeline of strong innovative SMEs based in Ontario (or intending to relocate to Ontario) that are…
The partnership between Joseph Fung of Uvaro and Jeremy Shaki of Lighthouse Labs began in an unconventional setting: on the golf course at the Canadian Open. Their camaraderie deepened during a subsequent meeting in Shaki’s parents' living room, which Fung…
In 2024, global temperatures reached unprecedented levels, marking the hottest twelve months since recordings began in 1850. The average temperature surpassed pre-industrial levels by 1.55 degrees Celsius, nearing the 2-degree threshold set by the Paris Agreement. This alarming trend underscores…
Each year, the Canadian federal government invests $37 billion to procure goods and services, with $27 billion specifically allocated to innovative businesses. This scenario offers significant opportunities for growth-oriented ventures aiming to sell to government entities. Working with stable, long-term…
Applications are now open for the 2025 FemTech Breakfast Club (FBC)! This is your opportunity to showcase your innovation in women’s health, gain expert guidance, and compete for over $22,500 in prizes! Why Apply?💰 Win Funding and Prizes: Including $5,000…
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…
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,…
Join ventureLAB on an exciting mission to Hannover, Germany, from March 31 to April 4, 2025, for the Hannover Messe 2025 trade fair. This event is a remarkable platform for fostering innovation, driving collaboration, and expanding your professional networks. Although…
On November 21, 2024, Waterstone Human Capital announced the winners of the prestigious 2024 Canada's Most Admired Corporate Cultures™, Canada's Most Admired CEO™, and Canada's Most Admired Chief People and Culture Officer™ (CPCO) Awards. This year, a total of 56…
Dans un article publié le 5 novembre 2024 par Nick Quain, vice-président du Développement des entreprises chez Investir Ottawa, l'auteur aborde la frustration liée aux classements de capital-risque au Canada, où Ottawa peine à se démarquer. Bien que la ville…
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…
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