Invest Vancouver suggests water tech “provides an untapped economic opportunity for the Metro Vancouver region,” serving a multi-billion dollar global market. IV’s latest report, “Water Tech: The Metro Vancouver Region’s Untapped Clean Tech Opportunity,” provides BC with an overview of the region’s opportunities and challenges in the sector. Invest Vancouver identified 59 Metro Vancouver-based, export-oriented […]
Vancouver Entrepreneur Returns to Roots with New Fund for University Students
In 1979, Wes Graham and Ian McPhee launched the University of Waterloo’s first startup—WatCom, which became Sybase before being acquired. In doing so, they “started an entrepreneurial tradition in the Faculty that remains strong today,” according to the university, whose Faculty of Mathematics claims the origins of more than 500 startups—including OpenText, Maplesoft, RapidNovor, and Faire. And this […]
Vancouver Crypto Startup, Blockchain Research Team Aim for Global CBDC Infrastructure
Finhaven Technology is partnering with Blockchain@UBC to build Finhaven Chain. The Vancouver-based capital markets technology company wants to build a public blockchain for central banks and regulated entities, the firm announced at the Blockchain Summit, in Los Angeles, California. Currently, over 100 countries are working on their own Central Bank Digital Currency in a siloed way. […]
Vancouver Sees Highest Tech Job Growth in North America
Certain Canadian markets had some of the highest tech-job growth in North America through 2020 and 2021, 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 Toronto at 37%. In third came the first US city—Austin, Texas at […]
Talent, Customers, and Opportunity: The Current State of BC Tech
After years of low interest rates, low inflation, and strong growth of tech around the world, global market conditions have changed. What does it mean for BC’s tech sector? This is the question addressed in the latest State of BC Tech Nation. BC Tech’s Fall 2022 report looks at how companies are responding to the […]
Investors Turbocharge Seed Round as Audette Looks to Decarbonzie Commercial Real Estate
Late last year, Victoria clean-tech startup Audette raised a $1 million seed round led by Active Impact Investments with participation from Powerhouse Ventures, Panache Ventures, and Turnham Green Capital. Audette’s end-to-end platform captures data to identify and assess opportunities for low-carbon building improvements and helps building owners source financing and incentives that reduce the cost of […]
Latest Hootsuite Cut Reflects ‘Current Economic and Market Realities’
This week, Hootsuite let go of a few more staff. “Today, Hootsuite made the difficult decision to go through another round of layoffs, and unfortunately I was affected,” a former product manager for the Vancouver company revealed on LinkedIn earlier this week. A Hootsuite spokesperson informed Daily Hive that roughly 5% of staff were cut. […]
Innovation Booster Funds Vancouver Island Startup Tackling Climate Change Through Seaweed
The Canadian Food Innovation Network announced this morning that it is investing into six projects, including one from BC More than $500,000 in funding, issued through the organization’s Innovation Booster program, is targeted for “innovative solutions that have the potential to reduce emissions, increase domestic production, and establish Canada as a global leader in new […]
Vancouver a Top Five Startup Ecosystem for Blue Economy in North America
Startup Genome today released its first-ever report focused on global startup ecosystems in the blue economy. The report looks at the current state of startup activity and related investment in the blue economy, where rankings reflect which global ecosystems are driving innovation through startups and related activities. It aims to provide information for founders, investors, […]
SFU Hosting Vancouver Segment of Cyber Challenge Event This Week
CyberSci runs a series of regional cyber challenge events in major cities across Canada each year. Canadian universities and colleges send up to two teams of four students to the designated venue in their region. These student teams are then presented with a realistic corporate network that forces them to think like an attacker to penetrate the […]