Author: Pat Lynch

Surge in Canadian VC puts spring in the step of Rev Demo Day

Photo: (Left to right) Jim Robeson, co-founder of PiinPoint; Mallorie Brodie, co-founder of Bridgit; Ryan Denomme, co-founder of Nicoya Lifesciences and Heather Galt, executive in residence at Communitech, share a laugh during a panel at the 2016 Rev Demo Day in Toronto on Tuesday, May 24. It’s never easy for a young founder to step onstage and strut in front of a room filled with seasoned investors. But positive news from the venture capital world probably made Tuesday’s pitch session at Toronto’s Westin Harbour Castle a little less nerve-wracking for the four companies facing a sea of scrutinizing faces....

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Series 401: a mayoral meeting of the minds on the Toronto-Waterloo Region corridor

Photo: Toronto Mayor John Tory (left) discusses the Toronto-Waterloo Region corridor with Kitchener Mayor Berry Vrbanovic at Series 401. TORONTO The third annual Series 401 startup showcase kicked off Wednesday morning with some lively scene-setting from the mayors of two cities with skin in the game. As the founders of 13 startups nervously filed into Ryerson University’s Sears Atrium for the Communitech/DMZ-sponsored pitch session, Toronto Mayor John Tory and Kitchener Mayor Berry Vrbanovic sat down for a cordial chat about the potential for growth in the Toronto-Waterloo Region corridor. From transportation issues to courting the private sector to the very real...

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Venture North gives top VCs a peek under hood of Toronto-Waterloo corridor

As he prowls the stage at the inaugural Venture North conference in Toronto’s MaRS Discovery District, Razor Suleman is gaining momentum. The founder of Achievers (which he sold in June for $137 million) catalogues the international investing appeal of the Toronto-Waterloo innovation ecosystem – its strong talent base and educational resources, concrete investments from both corporate and government leaders, the comparatively low cost of running a business in Canada, the recent billion-dollar valuations of homegrown companies like Shopify and Kik – before he arrives at his hyperbolic zenith. “This week you are part of Canadian history,” he tells the...

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