A Vancouver-headquartered company operating in the quantum computing space this week announced fundraising via private placement. The recently rebranded Scope Technologies this month revealed the sale of three million shares at a price of $0.50 per share for a total $1.5 million private placement financing from First Majestic Silver Corp. The capital will largely be […]
Will Damon Motorcycles Ever Actually Deliver Its High-Tech Two-Wheeler?
Vancouver’s Damon, a designer of splashy electric motorcycles, is currently seeking millions more dollars in capital as the company battles major delays in shipping its flagship “HyperSport” vehicle. Founded in 2017, Vancouver’s Damon is behind the tech-forward HyperSport. Originally announced in 2019, the HyperSport promises a range of up to 200 miles and a top […]
Novarc Secures Capital For Tech Stack Set to ‘Transform Welding Automation’
Novarc Technologies this week announced a $5 million investment from Seaspan Shipyards. The $5M investment from ship engineering veteran Seaspan is part of a recent $50M Series B round raised by Novarc, a North Vancouver company pioneering welding automation through a full stack of AI and robotics technologies. The Series B was led by Export […]
Dapper Labs and Coinbase Collab to Foster Web3 Ecosystem in Vancouver
Canada has been ranked among the most crypto-aware nations on Earth. Last year, Coinbase’s “Stand with Crypto” campaign expanded north to Canada‘s five million coin holders. The Stand with Crypto campaign champions “common-sense regulations” for the crypto industry with an aim to disrupt North America’s traditional financial system by encouraging the adoption and legitimacy of […]
Vancouver Cleantech Helps Businesses Invest in Eco Projects Across Canada
When it comes to clean technology, the mighty tree remains a top contender. While natural in origin, the tree is regardless a clean-tech powerhouse, with forests shown to temper climates, absorb massive volumes of carbon, and sustain myriad wildlife ecologies. That’s why, while many firms are innovating machine-based and software-powered solutions, other entities are simply […]
‘Match Made in Heaven’: Social Investing Fintech Blossom Partners with Nasdaq
Blossom, a financial technology startup based in Vancouver, announced this month that it is working with New York stock exchange Nasdaq. “I’m excited to share that Blossom has teamed up with Nasdaq to help increase the exposure of their indexes to retail investors,” founder and chief executive officer Maxwell Nicholson stated online. Nicholson visited Nasdaq last year […]
Vancouver Fintech Startup Hubly Acquired by New Jersey’s Docupace
Docupace has confirmed the acquisition of Canadian financial technology upstart Hubly. Founded in Vancouver in 2019 by Louis Retief, Ron Gorodetsky, Sean Rumsby, and Oban MacTavish, Hubly offers a tech-forward workflow management platform for financial advisory. “Our platform is designed to transform the household experience within financial advisory firms, ensuring high-touch, stress-free service—even at scale,” […]
How This B.C. Startup’s Electrochemical Tech Helps Clean Up Water at Mines
In 2023, waterStrider Treatment opened a pilot facility in on the West Coast of Canada. The firm, which has developed proprietary technology to clean and treat mine waters, relocated its mining pilot system from Surrey and its oil and gas treatment system from Calgary to its new location in Vancouver, which also houses a system that extracts […]
Burnaby Upstart Anodyne Chemistries Advancing Bioelectric Cleantech
A Burnaby-born startup has a vision to make the chemical industry sustainable by harnessing the potential of enzymes. Anodyne Chemistries, founded in 2021, is the entity behind an enzymatic process that “combines the best of biology and electrochemistry to bypass the limitations of traditional petrochemical and fermentation processes.” As “factories of nature,” enzymes perform the […]
7Gen Acquires San Francisco Startup to Enhance E.V. Fleet Toolkit with AI Tech
7Gen recently acquired EnergizedAI, a startup based out of San Francisco. EnergizedAI developed a proprietary algorithm that treats each EV charger like a patient, continuously monitoring vitals and environment to assess health and predict failures before they happen. Through the acquisition, Adam Mandel, founder of EnergizedAI, joined 7Gen as senior product advisor. “7Gen’s complete end-to-end solution […]