Energy Plug Technologies this week celebrated the signing of its first battery contract with a local mining company operating a mine in the Kootenays. Energy Plug, a technology company providing customized Lithium Iron Phosphate Battery packs for residential, commercial, and industrial applications, will install a 20kWh battery energy storage system for Vancouver’s Ximen Mining to […]
Vancouver’s Copperleaf Technologies Acquired by Global Enterprise Software Firm IFS for $1B
Copperleaf Technologies announced this week that it has entered into a definitive arrangement agreement with Industrial and Financial Systems, a global enterprise software firm. Traded publicly on the Toronto Stock Exchange since 2021, the Vancouver-based Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. IFS acquired Copperleaf for $12.00 in cash per […]
Collision to Rebrand as Web Summit Vancouver, Move to West Coast for 2025
The idea of North American technology conference Collision moving from Toronto to Vancouver is not new. But fiction will soon be reality. With Collision sent to rock Toronto next week, the annual weeklong celebration of Canadian tech is moving to Vancouver in 2025, according to the event’s parent company, Web Summit. Web Summit officially confirmed […]
Vancouver Startup Signalytic Wins Top Prize at This Year’s Okanagan Angel Summit Finale
After eight weeks of pitches, due diligence, and training, a winner of the Okanagan Angel Summit competition has been crowned. More than 200 community members recently gathered at the Kelowna Innovation Centre for the Summit Finale, which is about celebrating and strengthening connections across Western Canada’s entrepreneurial ecosystem. Nico Christofi, chief executive officer of Vancouver-based […]
WeCommerce Head Jordan Taub to Take Over Tiny as CEO, Founders Reveal
Tiny caught our attention earlier this year when the publicly traded holding company cleverly thrifted a page out of Warren Buffet’s playbook. “If you own a Canadian business, there’s a vital reason why you should consider selling,” Andrew Wilkinson, cofounder of Tiny Foundation, posted on X in April. The post was in response to Canada’s […]
Ranking Second in Canada, Vancouver Makes List of World’s Top Tech Startup Ecosystems
Vancouver ranks among the top technology ecosystems in the world, according to the latest report from Startup Genome and the Global Entrepreneurship Network. The 2024 Global Startup Ecosystem Report, released for London Tech Week, analyzed data from more than four million companies across 300 ecosystems around the world to provide “compelling new insights and deep […]
SCALE AI Invests in Supply Chain Innovation Project Powered by InDro Robotics
Canada’s AI Global Innovation Cluster recently announced nearly $100 million in total investments across more than 20 AI-powered projects. The investments span the with of the country and also a spectrum of sectors including life sciences, manufacturing, and agriculture, according to a statement from the Montreal-based SCALE AI. Artificial intelligence is a “powerful tool to […]
The B.C. Tech Founders Who Rank as Finalists for Canada’s ‘Entrepreneur of the Year’ Title
EY Canada this week recognized more than 160 entrepreneurs as regional finalists in the organization’s Entrepreneur Of The Year 2024 program. Selected by an independent panel of judges, businesses from coast-to-coast have been recognized for their value creation, purpose-driven leadership, and the impact of their work on communities around them. Now celebrating its 30th year […]
B.C. is the Heart of Canada’s Thriving Online Business Scene, Report Concludes
British Columbia is home to Canada’s highest concentration of micro-businesses, a recent analysis found, surpassing densities found in Ontario, Quebec, and elsewhere. Nearly 800,000 online-based micro-businesses were included in the analysis, which was conducted by Venture Forward, an international research initiative that studies the economic impacts of these extra-lean companies, as well as the attitudes […]
B.C. Universities Garner Capital to Upgrade Supercomputer Systems for Tech Research
The federal and provincial governments this week unveiled major capital toward sustaining the region’s research capacity through some technological upgrading. The B.C. Knowledge Development Fund is providing more than $30 million to enhance high-performance computing infrastructure at Simon Fraser University and the University of Victoria, according to a statement from the Province—two of five national […]