Startups

Founders, funding and the business of building new companies.

5 Articles

How Open-Source Companies Actually Make Money

In February 2025, IBM closed its $6.4 billion acquisition of HashiCorp, the company behind Terraform and Vault. Eighteen months earlier, HashiCorp had stopped...

Government Funding for Canadian Startups: SR&ED, IRAP, BDC and More, Explained

On March 26, 2026, Bill C-15 received Royal Assent, and with it one of the most meaningful changes to Canada's research tax credit...

Why Startups Fail: What the Post-Mortems and the Data Actually Show

On December 27, 2024, Bench Accounting, a Vancouver company that had raised more than US$100 million, told thousands of small-business customers it was...

Canadian Startup Success Stories: What Shopify, Clio, Cohere and Others Actually Teach

Shopify began life in 2004 as Snowdevil, an online store for snowboards run out of Ottawa. The founders could not find e-commerce software...

Startup Funding Stages Explained: From Pre-Seed to Series C, With the Canadian Numbers

In the first quarter of 2026, Canadian startups closed just 104 venture deals worth about $936 million, according to the CVCA's quarterly market...