Salesforce Backs $100 Million Venture Capital Fund in Canada

  Salesforce.com Inc., the largest maker of online customer-management software, is investing $100 million in Canadian technology through a venture fund to support tech start-ups. The Salesforce Ventures unit set up the Canada Trailblazer Fund to help cloud-computing startups in the country, the San Francisco-based company said Thursday in a statement. First-round funding recipients include …

Venture Capital Needs To Clean House. But The Bones Are Good

Rebecca Lynn is a co-founder and general partner at Canvas Ventures. The Silicon Valley firm focuses on early-stage U.S. tech investments. Play a game of word association with anyone and say the words, “venture capital,” and I bet you would get answers like “sexual harassment,” “gender discrimination,” and “bro culture.” That’s because the dominating headlines …

Canada Foundation of Innovation announced $4.7 million for new research

This past October, the Government of Canada, through the Canada Foundation for Innovation (CFI), announced a multimillion-dollar investment at Carleton University for new research. In a press release, Catherine McKenna, Minister of Environment and Climate Change, announced an investment of $4,746,499 through the CFI’s Innovation Fund to support research infrastructure at Carleton. The investment was …

Senate approves $4M. budget for US-Israel Energy center

The center is meant to contribute to natural gas deployment in Israel, expand water and energy production in both countries and improve cybersecurity systems for critical infrastructure. Fulfilling a vision that has been three years in the making, the Senate Appropriations Committee committed $4 million on Tuesday toward establishing a Joint United States-Israel Energy Center. …

City of Toronto launching Civic Innovation Office to procure tech solutions for city problems

The City of Toronto has announced the creation of a Civic Innovation Office, which will work with City divisions and agencies to identify major challenges that can be solved through innovative partnerships with external teams. External teams will work through 16-week stints to create solutions to challenges faced by Toronto residents, which can be procured …