Artemis Update - January 2025

Artemis Update - January 2025

This month has brought its share of uncertainty, but if there’s one thing Canada’s tech community excels at, it’s resilience. As always, we’re here to help you stay informed, connected, and supported. This update offers a moment to escape, reflect, and celebrate the positive momentum across the ecosystem.

All The Moves

Lindsay Slipacoff Cournoyer joins Blue J as CMO

Andrea Freixa joins Katana Cloud Inventory as Head of Customer Success

Wagdi Elsheikh joins NDI as Business Manager, Strategic Accounts

Shawn Fitzpatrick joins Musashi AI North America as Director of Engineering

Stephen Foster joins Authenticom as Chief Revenue Officer

Torsten Baumann joins Achievers as Director of Engineering

Tracey Lagasse joins Dye & Durham as VP Sales and Customer Engagement

Rob Joseph joins Syncron as Vice President, Global Partner Organization

Ritual founders Ray Reddy & Larry Stinson move to Shopify

Leena Mansour joins DNAstack as Director, Engineering

Azhar Janjua is now Chief of Staff & Advisor at SmartBuild Construction Solutions

Kari Bell now Senior HR Consultant at Bright + Early

Chelsea Gillett joins Luge Capital as Venture Investor

Rahul Nirula joins Axonify as VP Product Management - Solutions

Chris Long CPTO @ Willful

Dan Wardell is now VP Sales at Spellbook

Wafik Moussa joins Vital Bio as Director of Software Engineering

Todd Bisset and Irena Kramer launch Pulse Law LLP

Mark B. Levinson joins Coveo as a Vice President of Revenue Operations and GTM Strategy

Shabbir Lasani joins Truckpedia as VP Marketing

Sandy Scott joins LedgerAI as COO

Karishma Rajratnam joins Relay Financial as Director, Product Marketing and Demand Generation

Matt Nadrofsky joins SwiftConnect as Senior Director of Engineering

It’s time for our second annual Give & Receive Salary Survey.

Why are we asking? For years we've been sharing Salary Snapshots with insights from our leadership recruiting for start-ups and scale-ups (check it out here.) With the insights from our broader community, we offer rich and highly relevant data to help founders, investors and leaders make smart plans and decisions as they grow their companies and careers.

2025 Salary Survey

What We’re Working On

Explore the job descriptions below and reach out to the corresponding Artemis Consultant:

President - Automotive/EV Hardware Start-up - Ontario (Hybrid or Remote in North America)

Email Leigh

Executive Director - Investor/Non-Profit - Edmonton/Western Canada

Email Carly

VP, Finance & Resources - Education/ Non-Profit - Kitchener- Waterloo (Hybrid)

Email Alex

CONFIDENTIAL - Lead Backend Engineer - Renewable Energy - Kitchener-Waterloo (Hybrid)

Email Ashley

CONFIDENTIAL - Lead Controls Engineer - Renewable Energy  - Kitchener-Waterloo (Hybrid)

Email Ashley

CONFIDENTIAL - Principal IoT Engineer - Renewable Energy -  Kitchener-Waterloo (Hybrid)

Email Ashley

Coming Soon
Stay tuned for these exciting upcoming opportunities:

CONFIDENTIAL - Grid Modeling Engineer - Renewable Energy - California, Arizona, or Texas (Hybrid)

Email Ashley

CONFIDENTIAL - Cybersecurity Engineer - Renewable Energy - Kitchener-Waterloo (Hybrid)

Email Carly

Now Is The Time to Double Down on DEI.

In the face of a shifting (and a little scary) political climate and debates about the role of diversity, equity, and inclusion (DEI), it might feel tempting to pause, reassess, or deprioritize these efforts. For Canada’s tech leaders, this is precisely the moment to lean in.

Check out our New DEI Toolkit

All The Stuff and News You Should Know

Uvaro acquires coding school Lighthouse Labs to take on AI-augmented job market

Read More.

*Special announcement* Uvaro has a 50% wage reimbursement available, for a limited time, to those looking to hire cybersecurity and IT roles. If you, or anyone you know, are hiring for these types of roles, please connect them with Adriana, as they have some amazing graduates of the Upskill Canada Cybersecurity Bootcamp ready to make an impact on your team. Learn more here.

QueerTech launches new 2SLGBTQIA+ accelerator

Read More.

Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance

Read More.

Employment Hero acquires TO based Humi

Read More.

Vessl Prosthetics Inc. oversubscribed their seed round

Read More.

Nuvei acquires Paywiser’s Japanese subsidiary in Asia-Pacific market push.

Read More.

Plutera Capital buys Hardbacon’s assets out of bankruptcy following 2024 shutdown.

Read More.

Enable Acquires Flintfox.

Read More.

AstraZeneca to invest $820-million CAD in Ontario facilities expansion

Read More.

CCI launches Balsillie-backed innovation policy institute Canadian SHIELD

Read More.

Cohere launches customizable enterprise AI workspace platform North

Read More.

Toronto-based password management company 1Password has acquired United Kingdom SaaS startup Trelica

Read More.

Artemis Recommends

From inspiring reads to must-listen podcasts and transformative courses, we bring you top resources to inform and inspire.

Tara Recommends: The Startup Barn by Jesse Rodgers The Barn is an organization that is focused on helping early-stage founders get started in a way that will increase their chances of success.

Leigh Recommends: The Logic, one of Canada’s leading sources of business and technology news, offering subscribers exclusive, in-depth reporting on the businesses, people and policies that are moving the country forward.

Carly Recommends: Hard Fork Podcast, where Hosts Kevin Roose and Casey Newton explore stories from the wild frontier of tech.

Funding News

Float - Toronto | FinTech | $48.5M USD

BaseTwo - Toronto | Artificial Intelligence | $11.5M USD

MolecuLight - Toronto | Med Tech |  $27.5M USD

LemFi - Toronto | FinTech | $53.0M USD

Edgecom Energy - Toronto | Energy Software | $2.5M USD

Borderless AI - Toronto | HR Tech | $5.0M USD  Seed Extension

Enhanced Medical Nutrition - Toronto | Nutraceuticals | $5.0M USD

Novacap - Quebec | Private Equity | $1.0B USD

Optable - Quebec | Ad Tech | $20.0M USD

Lyteflo - Quebec | SaaS | $2.1M USD

Moment Energy - British Columbia | Climate Tech | $15.0M USD

Gumloop - British Columbia | Artificial Intelligence | $17.0M USD

Aspect Biosystems - British Columbia | BioTech | $115.0M USD

Hyivy Health - Toronto| Femtech | 2M

OneVest - Toronto | FinTech | 20M USD

VueReal- Kitchener- Waterloo| Consumer Electronics | - 40.5M

StartUp TNT

It’s client love time! 💙

This month, we’re spotlighting Startup TNT, who’s on a mission to unlock seed-stage funding for entrepreneurs in underserved communities across small- to mid-tier cities through grassroots community engagement.

Learn More.

Where You’ll Find Us

  • Techskis
  • Feb 25- 26th, Craigleith Ski Club - Blue Mountain

We’d Love to Hear from You!

Have you had a great experience working with Artemis that you would like to share? We’d love to hear it. Follow this link to tell us your story!

Similarly, if you love our newsletter content and would like more Artemis insights throughout the month, be sure to follow our LinkedIn page.

Artemis Canada
Artemis Canada

February 2, 2025