The Artemis Update – February 2018


WealthSimple had a big year, raising $65 million from Power Financial Group for a total investment of $165 million, as well as announcing that they now manage over $2 billion for clients across Canada, the US, and the UK.

Voltera announced its new product, the new V-One Drill.

Waterloo Region’s own SkyWatch raised $4 million in its seed round of funding to continue development of its Earth Observation platform EarthCache.

Addressing a talent shortage, several companies including TulipShopify and ecobee have banded together to create an Associate Product Management program and will accept 12 to 15 students for 6 months of vocational training.

Ratio City was awarded the grand prize of $100,000 at the Fierce Founders Finale.

Waterloo-based OpenText acquires Hightail and adds it to their product suite.

RealWear has raised $17 million for its AR wearable device aimed at workers in construction and other heavy industries.

The Ontario government has tapped Waterloo-based Shopify to lead online marijuana sales upon federal legalization in July.

DroneBase raises $12 M to bring AR to aerial drone imagery.

Ontario’s advanced manufacturing sector will get a generous federal boost as it was named one of the 5 winning superclusters awarded funding from the federal government.

Montreal-based media and image platform Unsplash raised a unique funding boost through ablockchain tokenization project that netted them $7.25M. How’s that for creativity.

Montreal-based Dialogue raised $12 M in Series A funding.

One time Flickr rival, 500px, acquired by China VCG.


This month, we had the pleasure of connecting with marketing guru and Aussie transplant, Paul Gray! Paul is the Marketing Growth Coach at Communitech currently, but he’s been involved with companies at all stages – from co-founding his own startup to Disney and now back to the startup community in Waterloo.

Click to read more about his inspiration, experience, and advice.


Brandon Nussey, former CFO at D2L, has joined Lightspeed POS.

Local AI start-up Kiite welcomes Stephanie Ratza as its new CFO. Stephanie was formerly with BlueCat* and Descartes.

Local founder, Eric Migicovky has joined the Y Combinator to work with incoming teams, including those whose companies have a hardware component. Eric led Pebble through 2 record-breaking kick-starter campaigns, then sold the company to FitBit.

Formerly CTO at QuickBooks, Warren Faleiro, has now moved into the CTO position at Toronto’s Oanda.

Stephen Klee, former Bank of Nova Scotia VP, joins venture firm Portag3.

Big leadership changes at eSentire with a new CEO in Kerry Bailey, as CTO Mark McArdle and CRO John Harris depart.

*the original newsletter incorrectly stated that Stephanie Ratza had been with PointClickCare. We apologize for the error. 


The Artemis Canada Connect program is a confidential and curated introduction service aimed at connecting returning tech talent with innovative tech companies in Canada.

Sign up to get a first look at future candidates.

Check out our Canada Connect video where we talk about how the program works.

This month we’ve connected with leaders like this Marketing Executive with expertise in Cybersecurity, Big Data and Ai.
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Director of Engineering – EdTech start up
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Data Science Product Manager – Cyber Security
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Head of Growth – FinTech startup
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VP Engineering/CTO – FinTech
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Head of Marketing – AI start-up
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Continue reading for the 3 Secrets to Building a Motivated Team and the One Missing Ingredient That’ll Bring it All Crashing Down