After forging a partnership together earlier this year, Vancouver-based NFT Technologies announced this month that it has entered into a definitive agreement for the acquisition of Run It Wild, a multidisciplinary blockchain, metaverse and NFT development studio. NFT Tech, whose goal is to mainstream decentralized ownership, NFTs, and the metaverse for public markets, says the transaction complements its […]
Five Organizations in BC Using Modern Technology to Innovate Food Sectors
British Columbia is renowned for its work in sustainability across sectors. One of the most important areas to manage efficiency of resources is in food production and related industries. Everybody will always need to eat, after all, so this remains a critical area to find sustainable energy practices for. Several BC startups are taking on […]
NVBC Finalist Silver Homes Secures Capital to Put Property Management on Autopilot
Silver Homes Technology announced that it has secured a startup loan from the Business Development Bank of Canada, the country’s only bank devoted exclusively to entrepreneurs. The Vancouver-based company provides an artificial intelligence-based solution designed to automate and optimize the management of a real estate portfolio. BDC’s loan is valued at $250,000 and will aim […]
Two Years In, Does This Overseas Startup Regret Relocating to Vancouver?
In 2020, entrepreneur Igor Debatur made the bold decision to relocate his startup, Uploadcare, to Vancouver. According to Debatur, it was not an uninformed move. The founder evaluated 10 locations, ruling out Europe first and then the US. Within Canada, Vancouver was the top choice. Recently Debatur took to Twitter to reflect on his move. […]
Five Crypto Startups to Watch in BC
Despite a current downturn, the global cryptocurrency market remains active and fascinating to say the least—and a trend with enough traction to grab the attention of virtually all companies. Blockchain-based digital assets “have risen on the radars of boards over the last few years as digital currencies are adopted into mainstream payment flows and central […]
NoTraffic Launches in Canada, Deploying Cloud and AI Tech to Optimize Roads in BC
NoTraffic has recently expanded into Canada. The internet-of-things platform works with traffic agencies and technology partners to improve road coordination, safety, and traffic equity. Based in the overseas tech hub of Tel Aviv, NoTraffic has opted to start its Canadian launch in BC, which is becoming known for micromobility innovation—and bad traffic. “With its history of […]
Vancouver’s WonderFi Closes $38 Million Acquisition of Toronto’s Coinberry
WonderFi Technologies this week confirmed its acquisition of Coinberry Limited. The Vancouver-based WonderFi, a financial technology startup which recently launched launched on the Toronto Stock Exchange as WNDR, acquired Toronto-born competitor Coinberry for $38 million. “This acquisition further solidifies WonderFi as a leader amongst crypto companies in Canada,” said WonderFi CEO Ben Samaroo, “and along […]
Cellcentric Launches Major Facility in ‘Silicon Valley of Fuel Cell Tech’
British Columbia is furthering its reputation for hydrogen fuel cell technology. A multimillion-dollar manufacturing and research and development facility has been unveiled in Burnaby this month. The new facility is for cellcentric, a division created last year by Germany’s Daimler Truck AG and Sweden’s Volvo Group. The subsidiary develops and manufacturers fuel cell systems for […]
BC Building More Resilient Food Economy Through Ag-Tech in Okanagan, Kootenays
The Province of British Columbia is using localized technology to gain intelligence on how insect populations impact tree-growing key regions. Tree-fruit growers and their orchards will benefit from time-sensitive advice about pest management as BC-adapted software becomes available in the Kootenays, which will help stabilize the sector and strengthen the province’s food security, according to […]
Vancouver is Canada’s Second Largest PropTech Hub, New Report Confirms
Proptech Collective is a volunteer-run collective of real estate professionals, city builders, and entrepreneurs that believes “technological innovation can change the built world for the better.” The organization has released its second annual report with a range of updates from the previous edition. 150 startups were added to the database of property technology companies in […]