GovTech giant Sovra buys Ontopical, boosting Calgary’s AI innovation sector

Ontopical has been acquired! Exciting news! 🎉 I’m thrilled to announce that Ontopical has been acquired by SOVRA, North America’s leading public procurement platform, backed by KKR – and together we’re launching an AI Center of Excellence! We are bringing SOVRA’s comprehensive procurement platform of over 7,000 government buying agencies and 1M+ suppliers, together with […]
CIBC Innovation Banking Provides Growth Capital Financing to MedMe Health

CIBC Innovation Banking announced today that it has provided a growth-focused credit facility to MedMe Health (“MedMe”). The company will use the financing to expand its product suite and scale its operations in North America. Article content Founded in 2019, MedMe has rapidly established itself as a leading platform for pharmacy care delivery in Canada, […]
ProNavigator has been named a Global 5-Star Technology and Software Provider

ProNavigator has been named a Global 5-Star Technology and Software Provider by Insurance Business Canada Magazine for the second year in a row.
Loop Financial is featured in BetaKit’s Most Ambitious list under the “Category Challengers” group

Loop Financial is featured in BetaKit’s Most Ambitious list under the “Category Challengers” group, recognized for pushing boundaries and shaking up Canada’s financial services landscape.
Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital

Kitchener-Waterloo, Ont.-based cybersecurity startup Cavelo has closed a $5-million seed extension round led by Inovia Capital as it continues to focus on sales, marketing, and developing its product. The new all-equity funding may come with a sense of dĂ©jĂ vu, as Cavelo also raised a $5-million CAD seed round led by Inovia just under two years ago to fuel […]
E-Zinc highlighted under the “World Savers” category in BetaKit’s Most Ambitious list

A new class of Canadian startups is working on problems that affect everyone, everywhere. BetaKit Most Ambitious profiles the companies working to feed, power, and protect the planet through fusion energy, bio-manufacturing, carbon capture, and more. Our World Savers category features Xatoms, General Fusion, Jetson, Erthos, Zita Cobb, New School Foods (powered by NS/TX), MycoFutures, […]
Intellijoint Surgical successfully launched its first live surgeries in India

A new first…live surgery in hashtag#India! I recently had the privilege to support Intellijoint Surgical Inc.‘s first surgeries across the beautiful country of India. Simply put, our mission is to help every surgeon and patient, no matter where or who they are. As the demand for hip and knee replacement grows exponentially in India, there […]
Nicoya acquires UK’s Applied Photophysics to expand its drug development capabilities and global reach

Nicoya has acquired Applied Photophysics! This is a huge step forward in expanding our biologics characterization tools, empowering scientists in drug discovery. 🔬 Our combined expertise means scientists now have a comprehensive suite of tools to understand the structure, function, and stability of complex biologics, speeding up the development of life-saving therapies. 🚀 Huge thanks […]
2025 Knowledge Brokers – Michael Ashmore

Michael Ashmore Michael Ashmore is CEO of Rondeivu, a fintech platform reimagining how institutional investors source, diligence, transact and monitor investments across private markets. Michael is also chair of the finance and investment committee at the University of Waterloo, leading the committee overseeing C$800 million in endowment assets since 2022. Michael was previously director of […]
Founder and CEO, Claudette McGowan, has been appointed to the Order of Canada

Founder and CEO, Claudette McGowan, has been appointed to the Order of Canada recognizing her distinguished service in cybersecurity, technology innovation, and community.🇨🇦 Beyond Claudette’s bold vision to democratize access to cybersecurity through Protexxa she continues to pave the way for equal access to opportunity—empowering others and leading with purpose.