BY THE OPTIMIST DAILY EDITORIAL TEAM For the first time in over five decades, coal-fired electricity generation has dropped in both China and India, the world’s two largest consumers of coal. This historic shift, outlined in new research from the Centre for Research on Energy and Clean Air (CREA) and published by Carbon Brief, may…
There is so much happening in the world of algorithmic media to start the year that we had to discuss it on the podcast. “You have just seen control of one of the most popular social media platforms in one of the most influential countries in the world switch from one foreign power relative to…
StartupBlink says Canada currently offers the world’s sixth most favourable business environment for building a technology startup. The Swiss startup-ecosystem research firm’s new Innovators Business Environment Index (IBEI), released today, ranked Canada as one of the easiest nations from which to launch, operate, and scale a tech startup or innovative company. StartupBlink’s IBEI assessed 125…
Y Combinator has revised its standard deal terms to exclude Canada as a permitted site of investment, implying that Canadian startups aspiring to join the prestigious San Francisco-based startup accelerator will have to incorporate their companies elsewhere. As first reported by The Logic Monday, Y Combinator’s standard deal terms webpage now says it invests in…
Toronto-based venture studio AXL will help companies find new ways to use artificial intelligence (AI) through a new partnership with technology service provider Compugen. Compugen claims to be Canada’s largest privately-owned technology solution provider. Through this partnership, which was announced today, Compugen and its customers will gain direct access to AXL’s AI commercialization and research…
A few years ago, Montréal-based construction technology startup Billdr pivoted after facing what co-founder and CEO Bertrand Nembot described as a “near-death experience.” “We didn’t get the business model right the first time with the marketplace,” Nembot told BetaKit in an interview last week. “We decided we’re going to continue, and we’re going to find…
If you’ve ever spent any time watching Westerns (and even if you haven’t), you’re probably familiar with the phrase “this town ain’t big enough for the both of us.” It’s a cliché that doesn’t apply to Winnipeg, which just launched its latest local venture studio. “This ecosystem is ripe for more compelling reasons to choose…
Running a business that relies on physical mail may make it seem like Birdseye CEO Matt Bogoroch has one foot in the past, but modernizing snail mail and the company’s newest product is how its business clients stay one step ahead. After pivoting from email to direct mail marketing tools in recent years, Matt, who…
Among the industries leading Canada’s tech sector, home construction doesn’t immediately spring to mind. While virtually every other industry, from manufacturing to banking to healthcare, has embraced technology to boost productivity and reduce costs, housing remains relatively analogue, assembled largely on-site and by hand. But an emerging class of Canadian companies hope to modernize the…
Toronto-based Float Financial has secured nearly $100 million CAD in debt as it hopes to expand the scope and flexibility of its financial products for Canadian small businesses. “We all want the Canadian economy to win.” Rob KhazzamFloat Float said the new funds, which the company announced today, will allow it to continue offering four-percent…
