For close observers, the sale of Element AI to California-based ServiceNow was a disappointment but not a surprise.
FedDev Ontario will give $4.8 million to Trent University to create the Trent Enterprise Centre (TEC) in its upcoming Cleantech Commons; less than a year after slashing R&D tax credits and grants, Alberta’s United Conservative Party government has reversed course; Gerald Butts helps Eurasia Group with global climate policy, sustainable finance, and artificial intelligence; and more.
Saskatchewan approved a first-of-its-kind hydrogen production project; the Black Innovation Fellowship (BIF) at Ryerson’s DMZ announced a $1 million program expansion; Kitchener wearable tech company North will be sold to Google’s parent company Alphabet; and more.
This past fall, the Waterloo-based tech company formerly known as Thalmic Labs rebranded as North and launched its much-anticipated new product, a fashion-first pair holographic lenses called Focals. In an email interview with RE$EARCH MONEY, co-founder Stephen Lake shares his thoughts on scaling an innovative tech company in Canada.