The Short Report – November 23, 2022: $1.2 billion for Oceans Protection Plan projects; Ontario’s AI sector growing; Attabotics raises US$71 million; feds failing on cybersecurity risks; and more
Organization: Hopper
The Short Report: October 19, 2022 – Transforming Nokia HQ, investing in oral health research, CASTL officially opens in Charlottetown, and more.
A big expansion for Nokia with support from all levels of government; CIHR invests in a pan-Canadian network to lead oral health research, biomanufacturing training site CASTL officially opens, and more.
Canada growing more $1-billion “unicorn” companies, global startup ecosystem report shows
More Canadian companies are remaining in Canada to grow “unicorns” (firms with a $1-billion or more valuation) rather than selling early to foreign entities, according to data in Startup Genome’s 2022 Global Startup Ecosystem Report. Meanwhile, in Atlantic Canada the number of startups slowed for the second year in a row, according to a separate report by Nova Scotia-based Entrevestor.