Built to start, not to scale

▤ Summary

Canadian startups face a persistent growth-capital gap between early validation funding and the larger rounds needed to scale. The article focuses on how this financing shortage pushes companies to stagnate, sell early, or move abroad. It highlights proposed fixes such as a private debt growth fund, pension-fund participation, faster lending channels, and new tax incentives. It also uses Ranovus and Ubiweb as examples of software- and technology-adjacent companies that needed faster access to capital. The broader message is that Canada’s innovation economy needs structural change if it wants more homegrown scale-ups.

▦ Linked Companies

Eddyfi Technologies

$50M to $100M