Vancouver-based Tribe Property Technologies this week posted record quarterly revenue. The B.C. firm generated more than $6 million in revenues, a 28% increase over the year-ago quarter. “The second quarter was transformational for the company,” stated chief executive officer Joseph Nakhla. During the quarter, Tribe acquired Toronto’s DMSI Holdings, a move which “significantly improved Tribe’s […]
Industry Innovator Uni-one Secures $10M to Expand Food Supply Chain Tech Across Canada, U.S.
A Vancouver-born startup innovating food supply chains with a technology-based platform has raised financing to expand its offering across North America. Uni-one announced this week that it has secured $10 million in a Series A round from Celtic House Asia Partners, Red River Investments, Banyan Pacific Capital, and others. The round values the company at […]
B.C. Invests in ChopValue to ‘Set New Standard of Responsible Manufacturing’ with Circular Solutions
Global circular product solutions manufacturer ChopValue this week announced a $4 million investment from InBC Investment. InBC is a strategic investment fund created by the Province of British Columbia aimed at driving financial returns alongside positive impact. “ChopValue is a pioneer in the circular economy, transforming waste into value-added products,” stated Leah Nguyen, who serves […]
Vancouver Startups Positioned for Success as They Graduate from SportsTech Accelerator
Earlier this year, 10 companies from around the world secured their spot in the 2024 Class of the Comcast NBCUniversal SportsTech Accelerator, a six-month program that provides founders with opportunities to collaborate with leaders from major sports brands such as NASCAR, the Premier League, PGA TOUR, and Olympic sports organizations since launching in 2021. The […]
Leasey.AI Bolsters Property Management Platform with Zillow Direct Syndication
A Vancouver-based property management technology startup this week announced an integration with Zillow, a well-known real estate tech firm based in Seattle. Leasey.AI says its platform’s new Zillow Direct Syndication capability enables property managers to post rental listings to the Rental Network, which now includes Zillow’s network of rental marketplaces, with just a single click from […]
New Innovation Hubs at SFU Poised to Advance Canadian Agriculture with $16M Investment
Canada recently revealed $6.6 million in federal support for two new hubs in British Columbia, with over $9M in additional investment from provincial government and business partners. The Climate-Smart Data Collaboration Centre and the Agricultural Genomics in Action Centre will operate out of Simon Fraser University, an institution with a history of advancing agtech. “Genomics […]
Vancouver Biotech Startup Emerges from Stealth with $150M to Combat Kidney Disease
A Vancouver-based RNA medicines company has emerged from stealth with $150 million in financing from investors Versant Ventures and Novartis. Many forms of prevalent kidney disease remain unaddressed, and this is the area where Borealis Biosciences operates. Borealis was founded on the premise that a convergence of scientific and translational breakthroughs can enable RNA therapeutics […]
Empowered by Clean Growth Innovation Fund, VulcanX Advances Hydrogen Technology
FortisBC Energy is working with VulcanX on the development of hydrogen pyrolysis technology that could see zero-emission hydrogen and solid carbon produced from natural gas at a low cost. The regulated utility, which serves more than one million customers across British Columbia, is funding local upstart VulcanX through the Clean Growth Innovation Fund. “We are […]
AWS Invites Vancouver to Hold Canada’s First-Ever Community Day in September
For a decade now, the Vancouver AWS Usergroup has been running free monthly gatherings to showcase demos, share knowledge, and collaborate with other talent and companies within the community. Now the city its looking to host Canada’s first-ever officially AWS Community Day. AWS Community Day events are conferences where event logistics and content is planned […]
Real Estate Investment Platform addy Diversifies Offerings with Credit Opportunity
Vancouver fintech firm addy is introducing a credit opportunity onto its digital investment platform for the first time. Addy says it is “committed to expanding investment opportunities that cater to various investor preferences and risk profiles” and posits that credit investments provide an alternative avenue for those seeking returns with lower average risk than typical […]