Last year, Innovate BC and the National Research Council of Canada Industrial Research Assistance Program provided $2 million in research and development funding to help regional companies pilot technologies and create new jobs across British Columbia. The B.C. Fast Pilot invested in 14 companies at the time—including SkyAcres Agrotechnologies, which was recently named one of the […]
A Leaner Thinkific Posts Quarterly Profit Amid ‘Significant Momentum’ for Firm
In early 2023, we reported on Thinkific’s journey toward profitability following multiple waves of layoffs. “Profitability is in sight,” Greg Smith, cofounder and chief executive of Thinkific, stated last year, months after the firm laid off 20% its staff. Founded in 2012, Thinkific went public in 2021 on the Toronto Stock Exchange under the ticker […]
Government Brings High-Speed Internet to 7,500 Remote Households Across BC
Today, 93% of Canadian households have access to high-speed Internet, compared to 79% in 2014. It’s significant progress, but we’re not done yet. The federal and provincial governments agree that all Canadians deserve reliable and affordable high-speed Internet and mobile connectivity, regardless of where they live. “Connectivity is an essential tool to access education and […]
Thinkific Labs and Jon Youshaei Launch Accelerator to Help Creators Succeed
Last year, Jon Youshaei unveiled a partnership with Vancouver-based Thinkific Labs. “I’ll take you under my wing and share the tools, tips, and templates to build a real business as a creator,” the speaker and journalist stated in December. Interest in Youshaei’s ‘Inside Accelerator’ course garnered a waitlist. Those waiting can now breath a collective […]
Quantum Technology Receives Federal Funding to Fuel Hydrogen Innovation
According to the Hydrogen Strategy for Canada report, the global hydrogen industry is expected to reach $300 billion by 2030. North of Vancouver in Squamish, Quantum Technology Corporation’s carbon-free hydrogen innovation is creating green transportation options while strengthening Canada’s clean energy status. “Quantum Technology is committed to advancing technology and solutions for green hydrogen as […]
Aquanow Reveals Investment as Fintech Expands Crypto Operations to Turkey
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. Which is exactly where he wants his company positioned. Advancing this position, Aquanow last year launched a Digital Ventures […]
D-Wave Launches Courses to Help Canadians Build Quantum Skills
A Canadian quantum computing systems pioneer is concerned about escalating demand for skilled quantum programmers paired with a lack of supply in the talent pipeline. Burnaby-born D-Wave announced this week that it has launched a six-module quantum training course called “Foundations for Quantum Programming.” The self-paced online course equips learners with essential mathematics and Python […]
Elevated Signals Raises Series A Round to Innovate Manufacturing Industry
A Vancouver-based technology startup innovating the manufacturing industry revealed this week that it has raised nearly $8 million in capital to write a new chapter of expansion. Elevated Signals today announced $7.9M in funding through a Series A round led by Yaletown Partners. Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto […]
After Slow Start to 2023, VC in BC Returns to ‘Pre-Pandemic Momentum’
A B.C. company building a scalable, fault-tolerant, and unified quantum computing platform secured in November US$100 million. Photonic’s capital hailed from a variety of contributors, including the British Columbia Investment Management Corporation, the National Security Strategic Investment Fund in the UK, Inovia Capital, Amadeus Capital Partners, and Microsoft. The sizeable round of fundraising is a marked […]
Legal-Tech Startup AltFee Wins Clio-Sponsored Pitch Competition
A North Vancouver-born legal tech company that enables law firms to be confident and successful with the scoping and pricing of their services through the effective use of fixed fees and value-based pricing recently won a pitch competition at an industry event in Chicago. BC’s AltFee won the multi-stage legal-tech pitch comp at the American […]