Tech Roundup #54 - Building a Business Plan For 2025 & More Tech News.

Do your 2025 goals include thriving instead of just surviving? Nancy Wilson , Founder & CEO of Canadian Women's Chamber of Commerce (CanWCC) , shares how to identify wins, learn from mistakes, and leave blame behind. Read more for game-changing tips in her insightful article.?

Here’s what else caught our eye in this week’s #techroundup.

• In 2024, AI attracted over $100 billion in venture capital funding, accounting for nearly a third of global investments, which totaled $314 billion, up from $304 billion in 2023. This surge highlights AI's growing dominance in the tech sector. Experts suggest such concentrated investments indicate significant potential for transformative outcomes in the industry.
• AI-powered search engine Perplexity acquired Read.cv, a LinkedIn competitor. Read.cv will shut down by May 16, 2025, with data export available. Perplexity aims to leverage Read.cv’s expertise to enhance professional networking.
• TikTok is set to be banned in the U.S. following a Supreme Court ruling, leaving 170 million American users seeking alternatives. Many are migrating to Chinese apps like RedNote and Lemon8, with some even using Duolingo to learn Mandarin in preparation for the transition. This shift marks a significant moment in the digital landscape for video-sharing platforms.
• Atlantic Canadian startups like Halifax-based Axtion Independence Mobility are using grants and non-dilutive funding to offset limited venture capital. Axtion’s innovative walker with an elevating seat exemplifies this approach. Programs like NRC-IRAP and Invest Nova Scotia provide funding and mentorship, fostering sustainable growth and local economic impact.
• Montréal-based private equity firm Novacap has raised over $1 billion USD for its first digital infrastructure fund, exceeding its $750 million target. Focused on connectivity and data access services, it has already invested in four companies and plans to fund 10 more, driven by AI-driven demand. Founded in 1981, Novacap manages over $10 billion CAD in assets.
• Check out the "Unlocking Thought Leadership with AI in 2025" webinar, led by Founder Paul Friesen on January 30th. Paul will provide insights and strategies for becoming a respected industry voice. Aimed at professionals looking to refine their personal brand and drive meaningful conversations, this webinar will cover key aspects of thought leadership, including influence, content creation, and navigating challenges in the digital age.?
• Harvard researcher Dr. David McClelland's study reveals that 99% of success is influenced by the people you surround yourself with, known as your "reference group." These individuals impact your mindset, goals, opportunities, and support. To build a strong reference group, it's crucial to evaluate your circle, seek positive influences, and limit negativity.
• These 2025 Top 15 Women-Led Ventures are making a significant impact on people’s lives and the planet’s health. Supported by The Women & Nonbinary Impact Network for Venture Capital and NRC IRAP, these ventures showcase inspiring leadership and innovation. The list features 3 of CWN’s Pathway To Silicon Valley alumni - Latchmi Raghunanan, @Maman Biomedical Inc., Kemi Bolatito, @Scooly and Alycia Van Der Gracht founder of Quanto Tech Solutions Ltd.