Launch Academy this week hosted a Demo Day for International companies building headquarters in Canada. “Canada is a perfect landing pad for many businesses around the world who are looking to expand their businesses to North America,” states Launch, a designated organization of the Canadian Government’s Startup Visa Program and a designated referral partner for the […]
PDFTron Applies Recent Funding to Complete Sixth Acquisition Since 2019
A Vancouver-based provider of document processing technology for developers and enterprises with major momentum this week announced the acquisition of eversign, a cloud-based electronic signature innovator. Founded in 2017 and based in Vienna and London, eversign has become one of the most recognized entrants in the e-signature market. Over half a million unique registered users […]
Computer Vision Startup Metaspectral Secures Seed Round to Advance Fusion Platform
Building on funding from the Canadian Space Agency, Vancouver startup Metaspectral this week closed a seed round. The BC-based startup, which is advancing computer vision through deep learning and hyperspectral imagery, secured $4.7 million from SOMA Capital, Acequia Capital, the Government of Canada, and multiple angel investors including Jude Gomila and Alan Rutledge. The company stated […]
How These Vancouver Startups are Advancing the Metaverse in Canada
The metaverse has taken a financial toll on Meta—the tech titan is down 65% on the year, partly due to its metaverse project costing several billion dollars per year without hope of profitability anytime soon. Third-quarter results show the company lost $9 billion so far this year on Reality Labs, the arm of Facebook which […]
Six Solar Startups Heating Up in BC
Efficiently harnessing the power of the sun at scale is a tall task, but somebody’s gotta do it. Hundreds of different companies around the world are tackling the various challenges around making solar a viable, affordable, and accessible alternative to conventional energy sources. This includes several in British Columbia, where pushes for clean energy have […]
Linus Tech Tips Growing Garage Startup into Digital Media Empire
YouTube was a different sort of platform, operating on a different kind of internet, back when Linus Sebastian launched his first channel. The content creator’s success through Linus Tech Tips has transcended shifts in social media and other technologies. The friendly and helpful persona of Linus himself—and more recently, a growing team of co-creators—is what […]
Seeking to Improve ‘Alignment with Goals,’ Kabam Games Reduces Workforce by 7%
Vancouver-based Kabam Games has laid off about three dozen employees, according to a new report. At the start of the year, Kabam boasted more than 500 employees, including over 300 in the Vancouver region alone. These figures may run slightly smaller for now, however. “We made the decision to adjust our resourcing structure in alignment […]
Six Hardware Startups in BC You May Not Have Heard Of
Most startups today are digital-first. Such enterprises are typically easier to launch, and statistics suggest they’re more likely to get funding and survive than their hardware counterparts. “As hard as it is for all tech startups, it’s even more difficult for consumer hardware companies,” affirms a report from CB Insights, which found that 97% of consumer hardware […]
Vancouver’s Baseline Payments Acquires Fellow BC Fintech in Victoria’s MazumaGo
The story of just about every company begins with someone casually asking a question. For Victoria fintech startup MazumaGo, the question was simple: Why is it so hard for businesses to send money? The fact remains that while consumers have consistently adopted digital payments over the past decade, businesses has lagged behind. Paper cheques have […]
IndieFest Uses Innovative Spaces, Emerging Technology to Create Interdisciplinary Experiences
The third annual IndieFest is set to return in Vancouver, and it’s the first time the event will be fully in person. Organizers say IndieFest intends to showcase “genre-defying musical performances” that will highlight stories and people overshadowed by history and tradition. The event is a “musical gathering that brings together artists and audiences from all […]