This Months Manitoba Tech News: More Wins! 📈
More acquisitions, more positive trends, and more reasons to buy into the Prairies in Tech!
Fundraising & Acquisitions 🚀
Insurance company Wawanesa acquired the Canadian retail insurance business of Everest Group, increasing their commercial book by 30% (approx. $305 million in value).
Winnipeg-based Move Right, a moving software built by operators, for operators, was acquired by Mobio Technologies Inc.
Tech Thursday in Winnipeg is now Superpowered by Manitoba Innovates.
In the News 📰
The CVCA officially announced its 2025 numbers, with extremely promising figures coming out of Manitoba:
$127 million Venture Capital dollars were invested into Manitoba, up from $4 million in 2024.
7 companies that received investments are headquartered in Manitoba.
The Manitoba Government increased Venture Capital tax credits to $30 million
In addition to the tax credit increase, Manitoba will also be aligning with modern investment practices by recognizing simple agreements for future equity (SAFEs) as eligible investment instruments.
The Government also reduced the minimum eligible investment to $5,000 from $10,000, and expanded eligibility to include limited partnerships (LPs), the standard structure for venture capital funds.
Through a randomized controlled trial led by Stanford University, Winnipeg’s Hoot Reading evidenced that their high-impact, virtual tutoring can substantially improve literacy outcomes for struggling readers at scale.
Ran (former Skip) and Toni Shulman launched Koala Insulation of Winnipeg, building a high-performance insulation company serving residential and commercial properties across Winnipeg and surrounding areas.
ConstructionClock App launched SuperClock, a feature which will revolutionize the way trades people track time and get paid.
Upcoming Events 👇
💼 April 23rd
Topic - The Talent Equation: Connecting Skills, Hiring, and Opportunity
Co-Hosts - Lotlinx
Through a moderated panel discussion, we’ll unpack real hiring challenges, expectations, and insights from the field, offering a clear, grounded perspective on the current talent landscape.
Speakers:
Zech Noiseux, VP, Strategic Partnerships & Integrations at TAIV
Eric Kulchycki, Chief Operating Officer at Floodline Consulting Inc.
Mark Biebrich, Senior Director, Data Analytics & Data Engineering at Lotlinx
📣 April 30th
Topic - Trade Show Playbook: Turning Traffic into Traction
Join us for an interactive Tech Thursday session where you’ll gain actionable insights, real-world examples, and tactics you can apply at your next event.
Speakers:
David Owasi, Chief Executive Officer at Outreach Genius
Anders Boulanger, Founder and Chief Executive Officer at Engagify
Moderated by: Cal Harrison, Chief Executive Officer at Beyond Referrals
A big thank you to all of our sponsors for making these event possible including Boast, Skip, Neo Financial, Go Oil, Lotlinx, Conquest Planning, The Exchange District BIZ, Norima Consulting, FeedFlo, Crestview Strategy, Motiv, Amiron Ventures, and Manitoba Innovates.