Every day, nearly 100 million people in North America depend on transit buses to navigate through busy streets and urban environments, according to data from Statista. But these environments are increasingly complex, which presents ongoing challenges for transit systems to maintain safety and efficiency. For example, accidents due to blind spots account for over 800,000 […]
Lumen5 Releases AI-Powered Voiceover Tech for Content Marketers Across Canada
Many of us who are dabbling with artificial intelligence are leveraging the technology primarily in two ways: text and image (and, increasingly, video as the quality evolves). One area of A.I. that is a little more niche to most—but surprisingly powerful already—is voice. AI-generated voices are advanced enough today that famous artists like Drake and […]
PacifiCan Supports Innovators in the Interior with $1.6M Investment for Tech Upgrades
Exciting things are happening in the Interior, according to the federal government, which this week invested in local innovators to advance the regional economy with technological upgrades. The Minister responsible for the Pacific Economic Development Agency of Canada, Harjit Sajjan, announced $1.6 million in PacifiCan funding for three Kamloops-based organizations. “Innovators and entrepreneurs in various […]
Clio Cracks Forbes’ Cloud 100 — During the List’s Most Competitive Year Ever
Following a historic round of funding, Burnaby-based legal-tech pioneer Clio has announced another milestone. The Canadian legal technology leader has this year been named to the Forbes’ 2024 Cloud 100 list for the first time. The Forbes Cloud 100 list is a definitive ranking of top private cloud companies around the globe, and to be […]
Vancouver Tech Startup Dooly Acquired by Chicago’s Mediafly to Empower Sales Platform
Dooly has been acquired, founder and chief executive officer Kris Hartvigsen revealed today. The Vancouver-born AI-powered startup officially confirmed that it is now a part of Mediafly, a business-to-business software firm based in Chicago with clients such as Databricks, Nvidia, Intuit, and Nestle. “I’m thrilled to announce that Dooly and Mediafly are joining forces to […]
Four New Inductees Were Added This Year to BC Tech’s Innovators Hall of Fame
Boris Wertz and Ray Walia were among those inducted to BC Tech’s Innovators Hall of Fame this week, joining a club of more than 50 distinguished pioneers within the province’s ecosystem. The BC Innovators Hall of Fame recognizes the role of innovation to BC’s economy by spotlighting leaders who have left a legacy on the […]
Gumloop Raises Seed Capital to Fuel Platform Offering Drag-and-Drop AI Workflows
A startup launched out of Vancouver last year this month closed a seed round. Gumloop, an AI automation platform, announced the $3 million round led by by First Round Capital with participation from Y Combinator, Theory Forge Ventures, Ludlow Ventures, and a variety of angels including Max Mullen, Arash Ferdowsi, Andrew Ofstad, Immad Akhund, and […]
Freedom Mobile Reveals Wireless Network Expansions, Upgrades Throughout B.C.
A quarter million more Canadians now have the option of subscribing to Freedom Mobile’s wireless services, the national carrier announced this week. Freedom, a wholly owned subsidiary of Videotron, revealed launches in 50 additional cities and communities across B.C. and Alberta. This latest market expansion was made possible, Freedom stated, as a result of partner […]
Vancouver is Getting Venture Capital Deals Done – But There May Be a Problem
Vancouver was the second-hottest city in Canada for venture capital financing deals through the first half of 2024, a new report has found. The city of Vancouver saw $246 million in VC financing across 45 deals, the second-most deals behind Toronto’s 112, data from CPE Analytics reveals. In terms of dollars invested, Vancouver ranked fourth […]
ACEL Power Reveals an Oversubscribed Series A Round to Fuel the Electrification of Boats
ACEL Power has closed on an oversubscribed Series A round of funding, the Vancouver-based marine electric innovation company announced this month. The B.C.-born cleantech said that Tau Capital, an Abu Dhabi-based private venture capital firm, led the US$10 million round. ACEL currently produces the high-powered Intelligent Electric Series, including a 75HP electric outboard, with plans […]