Technology

DELOITTE CANADA LAUNCHES $150 MILLION CAD VENTURE CAPITAL FUND

BY CHARLES MANDEL CANADIAN STARTUP NEWS JANUARY 25, 2022 Deloitte Venture will make minority investments in emerging tech companies. After tracking rising technology startups for a number of years with its annual Technology Fast 50 list, Deloitte Canada is getting into the venture capital business itself. Deloitte Canada announced that it has launched Deloitte Ventures, a $150 million CAD investment …

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Canada planning technological fixes to make crossing the border faster

Zipping through the Canada-U.S. border in 15 seconds. Facial recognition cameras at the airport to open an electronic gate. Sending your declaration to customs before you even get off the plane. Those are just some of the changes in the works at the Canada Border Services Agency (CBSA) — partly as a result of the …

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2048 VENTURES BAGS $67 MILLION USD FUND II FOR CANADA, US INVESTMENTS

BY MEAGAN SIMPSON CANADIAN STARTUP NEWS JANUARY 18, 2022 The VC invests in emerging markets outside of Silicon Valley, including Canada. United States-based venture firm 2048 Ventures has secured $67 million USD for its second fund, to continue pursuing investments outside of Silicon Valley. The pre-seed-stage firm was created by US investors Alex Iskold and Paul Sethi (who …

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EMMERTECH CLOSES $60 MILLION TO GROW “DOMINANT” CANADIAN AGTECH COMPANIES

BY MEAGAN SIMPSON CANADIAN STARTUP NEWS JANUARY 18, 2022 The final close adds $15 million and new LPs to the fund. Emmertech, the AgTech fund Conexus Venture Capital launched last year, has secured an additional $15 million CAD in its final closing, bringing its total fund size to $60 million. The final number surpasses Emmertech’s goal of $55 …

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Onboard vehicle tech becoming a safety issue, advocates say

Ian Bickis, The Canadian PressPublished Sunday, January 16, 2022 6:48PM EST TORONTO – A driver sitting behind the wheel of a new vehicle could be scrolling through their Spotify app looking for the right album when they get an incoming call or text, only to have a warning bell go off about the outside temperature …

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Canada’s growing bio-economy facing skilled labour shortage: report

By Mark Neufeld Posted Dec 7, 2021, 6:48PM MST. Last Updated Dec 8, 2021, 8:39AM MST. The bio-economy in Canada is one of the few sectors that has grown during the pandemic, however a new report indicates Canada is facing a serious talent shortage when it comes to hiring skilled workers in the field. The bio-economy …

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We Think Cognizant Technology Solutions (NASDAQ:CTSH) Can Stay On Top Of Its Debt

By Simply Wall St (Thu, October 21, 2021) David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often …

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Atlantic Council Releases new report on international technology standards and geopolitics

By Atlantic Council (Thur, October 14, 2021) The Atlantic Council’s GeoTech Center today released a landmark report studying the relationship between technology standards setting and geopolitics, titled “Standardizing the future: How can the United States navigate the geopolitics of international technology standards?” The report, published in partnership with the American Edge Project, studies the geopolitical dynamics surrounding technology …

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JPMorgan shares patents to spur low-carbon technology development

By Elizabeth Dilts Marshall (Thu, October 07, 2021) JPMorgan Chase & Co (JPM.N) on Thursday said it would allow others to use its intellectual property in hopes of speeding up the transition to low-carbon technology and energy sources. The bank is making several key patents related to how it efficiently cools and ventilates its massive data centers …

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