Elastic Path has topped up its $60 million financing round in February with an additional $30 million from Sageview Capital and existing investors, the Vancouver-born company announced this week. The top-up funding comes as the Team True North member reported a 200% increase in books year-over-year. “Never has there been a more exciting time in […]
How Innovative Startups Are Using Artificial Intelligence Across Sectors in BC
The Artificial Intelligence Network of British Columbia launched in 2019 to “unify, organize, and catalyze the AI and Machine Learning communities in British Columbia.” The institution’s founding vision was to make B.C. a worldwide hub for Artificial Intelligence by 2022. Did it happen? If not quite yet, the province is surely close. Given the recent permeation […]
Impact Challenge Awards Voxcell BioInnovation with Investment Toward Anti-Cancer Tech
VoxCell BioInnovation is creating vascularized, human-like cancer tissue models by combining a custom high-resolution 3D bioprinter, advanced software, and proprietary bio-inks. The New Ventures BC Competition finalist aims to accelerate the development of life-saving anti-cancer drugs by providing tissue models that can identify viable candidates earlier in the drug-development pipeline. Toward this tremendous goal will go […]
Expeto Raises $12 Million to Power Mission-Critical Enterprise Mobile Networking
A Vancouver technology company has raised capital to further power its mobile enterprise networking solution. Expeto, founded in 2015, is known for its cloud-based NeXtworking platform, which solves mobile complexity for enterprises by making any kind of mobile connectivity a seamless part of a privately managed network. “Expeto hides the complexity of mobile network management behind […]
Vancouver’s Fintel Connect Secures Seed Capital to Fuel Fintech Marketing Platform
If you’re a client of a Canadian financial services company like Borrowell, EQ Bank, Mogo, or Tangerine, you may owe that relationship to Fintel Connect. More than 80 financial service brands use the Vancouver-based startup to enhance their marketing through its performance marketing network. “Our technology is helping consumers uncover product solutions from leading financial […]
Amid Rebound, Thinkific Endures More Layoffs
Thinkific quietly laid off a few more staff last week, according to a source familiar with the company. The Vancouver-based tech company enables users to create and market online courses. Profitable in 2018, the startup benefitted from a Pandemic-driven boost in online activity, raising $22 million in 2020 to continue shaping the future of online courses. By […]
Vancouver’s Durable Reveals Seed Capital as Business-Building Startup Gathers Momentum
Late last year, a serial entrepreneur and designer co-launched a startup in Vancouver that leverages artificial intelligence to help users create and manage their own business. Durable is the brainchild of Vancouverites Ross Howard-Jones, James Clift, and Helio Bentes. Durable claims to launch a business in less than a minute using AI. “If you run a solo […]
To Remain Gaming Centre of Excellence, Vancouver Tech Needs More Talent
Across Canada, tech job growth is high, putting pressure on talent pipelines everywhere. According to data released by CBRE through its Tech-30 report, Vancouver saw 44% growth, placing them first on the continent. The BC city was followed by another iconic Canadian tech hub, Toronto, at 37%. “Vancouver had the highest high-tech job growth at 44% and […]
Vancouver Tech Experts on How to Navigate Layers of the Digital Realm
The digitization of everything is well underway, with an increasing percentage of everyone’s lives—both personal and work—being online. Today, “online” can mean a lot more than it used to. There was a time when we might have a computer at work, and maybe one at home, and even then, we were not always online. Now […]
BC Attracts Third-Most Investment in Q3 as Seed-Stage Startups See Most Deals
$900 million of venture capital dollars were invested across 144 deals in the third quarter of 2022, bringing the year-to-date total above $7 billion invested across more than 500 deals as investment “continues to normalize to pre-pandemic levels,” according to the latest quarterly report from the Canadian Venture Capital and Private Equity Association. “Canada’s VC […]