Michael Nash, chief digital officer of Universal Music Group, may be stating the obvious when he observes how “streaming has been the most significant technology advancement in music in many years.” But what less Canadians are aware of is how the technology has become saturated with “fraud fuelled by a flood of uploads with no […]
ActiveState Appoints New CEO as Company Continues ‘Incredible Journey’
In 2023, private equity firm Vertu Capital announced the close of its inaugural fund, Vertu Partners Fund I, with more than $300 million in capital commitments from a range of institutional investors. Vancouver-born ActiveState Software, which supports enterprise software developers in the creation and management of apps that use open source programming languages, was last year […]
The Best Tech Startup Employers Based in Vancouver
Forbes this month released its first-ever ranking of Canada’s Best Startup Employers. To determine the ranking, Forbes partnered with research firm Statista to identify a shortlist of more than 1,000 companies based in Canada. Startups were then evaluated based on three main criteria: employer reputation, employee satisfaction, and company growth. Data points were tallied into […]
Aquanow Bridging Traditional Finance and Crypto Currency Markets
When Vancouver-based Aquanow was named digital innovator of the year by CrossTech at the 2022 Innovation Awards, chief executive officer Phil Sham pointed out how digital asset markets are now 24/7, upending the flows of traditional finance. And that is exactly where he wants his company positioned. Advancing this position, Aquanow last year launched a Digital […]
Struggling with Financials, Nexii Building Solutions Seeks an Exit
Momentum has ground to a halt for a Vancouver-based designer and manufacturer of sustainable building products. Climate Smart company Nexii Building Solutions, which has recently been collaborating on projects, apparently has a lot of debt that it is struggling to pay off. Despite targeting a huge market—the building and construction industry accounts for 37% of […]
UBC Hatchling Acquired by ImageQuix for AI Image Editing Innovation
An AI-powered photo processing service founded in Vancouver is being acquired by ImageQuix, a provider of workflow and ecommerce software for the photography industry. Skylab, established by photographer TJ Rak and machine learning expert Alireza Shafaei, was acquired buy the USA firm for an undisclosed sum. Rak and Shafaei met at UBC. Their startup, launched […]
VoPay Streamlines Micro-Transaction Verification with Latest Launch
A Vancouver-based financial technology firm is launching a service that it believes is the first of its kind in Canada. BC-born VoPay this month unveiled VoPay Verify, an “Instant Bank Account Verification solution.” VoPay says the solution empowers enterprises to rapidly authenticate and confirm any US or Canadian bank account, eliminating protracted waiting times of […]
Palo Alto Firm Finds Good Chemistry with Acquisition of Vancouver Startup
In April of 2022, we reported on Good Chemistry Company landing a strategic investment from Accenture Ventures. The Vancouver-based company drew interest from investors because it is leveraging quantum chemistry, machine learning, and quantum computing to innovate materials design. “With our platform, we are re-imagining the way computational chemistry simulations are done,” chief executive Arman […]
Safe Software Secures Growth Investment for Spatial Data Tech
The perennially profitable Safe Software announced today that it has received a strategic growth investment from JMI Equity, a firm focused on providing software companies with flexible capital, industry expertise, and operational support to build businesses of enduring value. Headquartered in Surrey, Safe provides solutions that empower people and enterprises to unlock the full potential […]
Farmers’ Den Competition to Reward Agricultural Entrepreneurship in BC
Every January, the Pacific Agriculture Show at Tradex in Abbotsford showcases the latest innovative technology targeting Canada’s agriculture industry. “Our province is budding with talented young entrepreneurs who are the future of the agriculture industry,” believes Jim Shepard, producer of the event. With hundreds of exhibitors, “our show brings together tens of thousands of leaders […]