HTEC this week announced the opening of its sixth retail light-duty hydrogen refuelling station. The Vancouver organization’s latest station, located on Southeast Marine Drive in Vancouver, was launched in partnership with 7-Eleven Canada and Cavendish Hydrogen. “We’re excited to see this new station come online,” commented Colin Armstrong, chief executive officer of HTEC, which designed […]
Robotics Innovator Sanctuary AI is Pushing to Raise US$175M in Capital
Sanctuary AI is hustling to raise capital. The Vancouver-based technology innovator is looking to sell its majority stake in Texas robotics supplier Apptronik as the company seeks to raise a US$175 million round, according to a report from The Logic. The report suggests that Sanctuary has already found a buyer for its Apptronik stake and […]
Shares in Damon Spike on News of Collab with Renowned Italian Firm
Damon this week announced a strategic collaboration with a seasoned engineering firm out of Italy. The new partnership between Damon, Vancouver-based designer of the much-touted HyperSport electric motorcycle, and Engines Engineering, is aimed at accelerating product-to-market. Originally announced in 2019, the HyperSport promises a range of up to 200 miles and a top speed of […]
Vancouver’s WELL Acquires Controlling Interest in Toronto Health-Tech Startup
Vancouver-based WELL Health Technologies announced this week that it is acquiring a sizeable stake in Toronto’s HEALWELL AI, a healthcare technology platform powered by a suite of artificially intelligent tools. The transaction will see WELL acquire roughly one-third of HEALWELL’s market capitalization and a majority of the company’s voting shares, rendering a controlling interest in […]
ChopValue Advances Circular Economy, Diverts 200M Chopsticks from Landfills
The best way to keep a landfill clean is to prevent waste from ever reaching it. By minimizing the need for new raw materials, which often require energy-intensive methods to extract, the circular economy can lower the carbon footprint of production. This is the business model of Vancouver’s ChopValue. The B.C.-based circular product solutions manufacturer […]
Tersa Earth Collabs with Precient to Advance Cleantech Solutions for Mining
Mining is a notoriously emissions-intensive sector, but as nations eye net-zero targets, the field is undergoing dramatic transformation. A slew of Canadian startups have launched in recent years with an aim to decarbonize the mining industry via electrification, carbon capturing, and other approaches. Among those upstarts is Vancouver-based Tersa Earth Innovations. The B.C.-born firm is […]
WELL Health Reveals 35% Annual Rise in Canadian Patients as Network Expands
WELL Health Technologies this week announced figures for the company’s fiscal 2024. The Vancouver-based digital healthcare firm handled nearly six million patient visits during the year—including over three million in Canada—representing annual growth of more than 30%, according to chief executive officer Hamed Shahbazi. “Our Canadian Clinics underpinned by our technology enabled care model continues […]
Emirates NBD Taps Aquanow to Power Crypto Fintech Solutions for Liv X App
A Vancouver-based financial technology innovator this month announced that it is working with a new digital bank in the Middle East to power cryptocurrency solutions for mobile. Aquanow recently revealed the partnership with Liv, UAE’s first digital bank. Liv was launched by banking group Emirates NBD. “We are proud to partner with a storied financial institution […]
TELUS Garners Praise from OECD for Fostering ‘AI Literacy’ in the Workplace
One Canadian company found the spotlight in a new report from Business at OECD. Business at OECD, or BIAC, is the officially recognized institutional business stakeholder at the Organization for Economic Co-operation and Development, founded in 1961 to stimulate global economic progress and trade. BIAC’s report, entitled “Boosting Productivity and Business Growth – the Role […]
Scope Technologies Reveals Influx of Capital for Quantum Security App
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 […]