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 […]
Canada Reveals Investment Toward Building Hydrogen Innovation Hub in Prince George
Eight hundred kilometres north of Vancouver lies Prince George. The northern British Columbia hub this month received an investment from the Pacific Economic Development Agency of Canada to help establish the region’s hydrogen innovation industry. Prince George is strategically positioned to take advantage of Canada’s expanding hydrogen economy due to “regional transportation advantages,” according to […]
‘Acceleration Stack’ Prepares to Supercharge Entrepreneurship and Innovation in the Okanagan
It’s going to be a busy fall for entrepreneurs in the Okanagan. Last month, we reported on Accelerate Okanagan performing an overdue analysis of the region’s technology sector. Understanding the tech sector’s contribution to the Okanagan’s economy will help amplify the expertise and growth opportunities, according to AO, which the organization says is critical in […]
Government Investment into Lab Innovation Targets Enhanced Healthcare Access in B.C.
There are 4,200 publicly funded diagnostic tests in B.C. that result in more than 96 million tests annually needing to be analyzed and diagnosed. Provincial laboratories are testing digital tools and technological solutions with an aim to support swifter diagnostic services, thus improving access to testing for people living with diseases, such as cancer, throughout […]
General Fusion Taps Victoria’s Motus Design to Help Build ‘World-Changing Technology’
New projects have been funded through British Columbia’s Integrated Marketplace. Delivered by Innovate BC, the program has been building a network of industry partners to identify challenges and implement technological solutions that help large-scale organizations increase competitiveness and improve health and safety. As part of the StrongerBC Economic Plan, the Integrated Marketplace Initiative kicked off […]
Vancouver International Airport Working with Local Startups to Upgrade Runway, Terminal
Three new projects have been funded through British Columbia’s Integrated Marketplace, program supporter Innovate BC announced this week. Delivered by Innovate BC, the program has been building a network of industry partners to identify challenges and implement technological solutions that help large-scale organizations increase competitiveness and improve health and safety. As part of the StrongerBC […]