Building on the National Intellectual Property Strategy launched in 2018, Budget 2021 announced $90 million over four years starting in 2022 to create ElevateIP. Powered by Innovation Canada, ElevateIP will help Business Accelerators and Incubators provide the tools Canadian startups need to understand, manage, and leverage their IP. “Canadian startups are some of the most innovative and inventive in […]
Infinitii AI Strikes National Deal with Core & Main to Deploy Smart City Water Tech
The Vector Institute recently released a report highlighting 20 Canadian AI startup companies to watch over the next 12 months. While only two companies from British Columbia made the grade—Victoria’s Certn and Vancouver’s Klue—we know of many other innovative firms leveraging artificial intelligence in BC. One example is the recently rebranded infinitii ai, whose multi-product predictive […]
Nexii Building Solutions Encounters Controversy with Early Investor
Vancouver-based Nexii Building Solutions is a green construction tech company tackling environmental issues through sustainable building products. Nexii achieved unicorn status last year following a US$45 million funding round led by Honeywell. The company announced an additional US$35 million from Horizon Technology Finance Corporation and Trinity Capital in July, which raised its valuation to $2 billion. […]
Amazon’s Vancouver Tech Hub Approaches 5,000 Employees
As one of the most significant employers in the country, including among tech roles, Amazon recently released a report on its impact throughout Canada. “Our 2022 Amazon Canada Impact Report illustrates how we use our scale, technology, resources, and passion to generate economic benefits and vitality—through our investments in local communities, sustainability initiatives, creative industries, and […]
Alpha-9 Lands $75 Million to Build New Vancouver Facility, Battle Cancer
A clinical stage company developing differentiated and targeted radio-pharmaceuticals this week raised a sizeable Series B round of financing. Vancouver-born Alpha-9 announced that its oversubscribed round saw investment from Nextech Invest, with participation from Frazier Life Sciences, Samsara BioCapital, and Quark Venture—in addition to existing investors Longitude Capital and BVF Partners. Founded by researchers from […]
Icicle Technologies Keeps It Cool with Latest Food Tech Award
Food Logistics this week named Richmond’s Icicle Technologies as one of the winners of its 2022 Top Software & Technology Providers award. Icicle ERP’s food safety, production, and compliance management solution was honoured for its ability to ensure a safe, efficient, and reliable global cold food and beverage supply chain, according to a statement from […]
What is Staking? Canadian Crypto Companies Offer Free Intro Webinar
In November, Bitbuy declared itself first among Toronto Stock Exchange-listed crypto-trading platforms “to receive approval from applicable Canadian securities regulators to offer staking to Canadian investors.” The WonderFi subsidiary officially launched the crypto service on its platform later in the month. “Now more than ever, it is critical for Canadians to have access to products […]
BC Tech Launches Digital Education Program to Help Local Startups Grow and Scale
The BC Tech Association recently launched education programming targeting startups scaling in the province. Dubbed #StartupSchool, BC Tech says the initiative its part of the organizations commitment to helping members grow and scale. “Providing engaging and accessible education to our member community is a critical part of our mission,” stated Erika Borgerson, Vice President of […]
Port of Vancouver Testing Emission-Reducing Technology to Fuel Net-Zero Future
The Port of Vancouver is testing low- and zero-emission technologies in an effort to achieve zero emissions by 2050, the Vancouver Fraser Port Authority revealed recently. Technology and alternative fuels being tested includes all-electric terminal tractors, a hydrogen-powered crane, and bio-diesel fuel for commercial ferries. The Vancouver Fraser Port Authority and the Province of British […]
Growing Startup Hubly Announces Key Executive and New Investment
Hubly, a workflow tool built for financial advisors, has created a new key role: Chief Growth Officer. Filling this position for the growing Vancouver-based fintech is JD Davis, MBA, who cofounded FormulaFolio Investments in 2011 in the US. “I believe Hubly will revolutionize the way advisors scale their firms,” stated Davis. “In my experience, I […]