A company looking to revolutionize advanced soil measurement this week announced the close of a seed funding round. The investment into Vancouver’s Miraterra was led by At One Ventures, and marks a “pivotal moment in the company’s mission to transform soil insight,” according to a statement from the B.C. startup. Investors S2G Ventures, One Small […]
Broader Restructuring Efforts Lead to Layoffs at Vancouver’s A Thinking Ape
A longstanding mobile games developer based in Vancouver has let go of staff amid organizational restructuring. A Thinking Ape recently revealed the news online, with layoffs impacting a number of departments including engineering, design, and art. “Unfortunately . . . ATA had to restructure leading to the departure of some incredibly talented people,” the Vancouver […]
Seed Capital Sparks Growth for Victoria Foodtech Making Salmon from Carrots
A food-tech startup located on Vancouver Island recently secured seed financing. Save da Sea launched from Victoria in 2019 to replicate seafood products with plant-based alternatives and is seeing success in 2024. The B.C. firm last month closed $650,000 in capital, a report from BetaKit reveals, bringing the food-tech’s total raised to $1.6M. The latest […]
Pedestal Delivers Periodization to the Masses with Updated Fitness Platform
After the process of periodization, one comes out the other end having made some tangible progress. Pedestal, a startup whose product rests on the principle, is no exception. The fit-tech startup was founded in Vancouver in 2022 by Sara Prestley and Peter Bonac, who leveraged the power of periodization to prepare for his ascent of […]
Solaires, XLYNX Innovate Solar Tech to ‘Unlock Full Potential of Recycled Light’
Solaires Enterprises and XLYNX Materials recently announced a collaboration of efforts toward building efficient and stable perovskite solar cells to “unlock the full potential of recycled light.” The indoor photovoltaics market is entering a period of rapid growth and is projected to be worth $58 billion by the end of 2027—with perovskite-based indoor photovoltaics, like […]
Sanctuary AI Unveils Next Generation of World-Class Phoenix Robot, Carbon AI
One of the world’s most interesting robots has undergone a makeover. The Vancouver-born Phoenix, developed by local robotics firm Sanctuary AI, has re-launched as the seventh generation of itself—a new and improved humanoid bot. Phoenix is at once fascinating—named last year one of the world’s top inventions—and also boring: the robot is designed to perform […]
Amid Taxes Drama, Investor Tiny Rips Page from Warren Buffet’s Playbook
Investors on Vancouver Island are taking a page out of Warren Buffet’s old playbook. “If you own a Canadian business, there’s a vital reason why you should consider selling,” Andrew Wilkinson, cofounder of Tiny Foundation, posted recently on X. “By June 25, the capital gains tax on the sale of your business will soar.” Wilkinson […]
Battery Tech Innovator Energy Plug Taps Rivian, Tesla Expertise with Latest Hire
In December, Energy Plug Technologies announced its intention to partner with the Malahat First Nation. The partnership, currently in the process of being established, would see Energy Plug build a gigafactory to localize battery pack assembly and the battery supply chain in Canada. Specifically, the intended partnership will allow Energy Plug and the Malahat to […]
Canada Has ‘Lost the Plot’: Investors, Entrepreneurs Not Happy with Budget
Canada’s largest fintech is not the only company pissed off at the federal government. Alongside the displeased Shopify in Ottawa is a coast-to-coast collection of complainers, including investors and entrepreneurs throughout British Columbia. What, exactly, are they up in arms for? Canada’s federal government recently dropped its new budget and there’s something in particular about […]
Metaspectral Advances to Semifinals of Global Competition Innovating Wildfire Tech
Vancouver’s Metaspectral has been selected to proceed to the semifinals of the XPRIZE Wildfire competition. XPRIZE Wildfire is a 4-year, $11 million competition incentivizing the innovation of firefighting technologies to mitigate destructive wildfires. The prize aims to transform current wildfire management approaches through the development of new technologies that can rapidly and accurately detect, characterize, […]