Vancouver real estate developer Beedie is teaming up with Tesla to build the the electric vehicle manufacturer’s largest service facility in North America. The 120,000-square-foot flagship service center will be built in Vancouver at 950 Raymur Avenue on a brownfield site in the city’s Strathcona neighbourhood. “At Beedie we are committed to building legacies for […]
With Over Six Million Websites Built, Durable Raises $14 Million to Fuel Growth
Taking a page out of Shopify’s playbook, Durable is making it easier and faster for people to start businesses. And investors are taking notice. Today the Vancouver-based AI-powered website builder and small business platform announced $14 million in Series A funding. With over $20 Million in total funds raised to date, Durable is building the […]
Moment Energy Partners with Hydro Ottawa to Revolutionize Grid Management
Vancouver’s Moment Energy has announced its first ever end-to-end integration involving Hydro Ottawa and BluWave-ai to bring intelligent distributed energy resource management system (DERMS) capability to the distribution grid. This marks a significant milestone for the innovator in second-life battery energy storage systems (BESS). With Moment Energy’s BESS responding to demand response signals, the grid operator […]
Vancouver’s Merchant Growth Offers Lifeline to Small Businesses Struggling with CEBA Loan Repayments
Thousands of Canadian small businesses are in financial jeopardy as they approach the deadline to repay Canada Emergency Business Account (CEBA) government loans obtained during the pandemic. As of June, only one-fifth of the nearly 900,000 approved businesses have repaid their CEBA loans. While the government has offered an opportunity for businesses to refinance their loan […]
Vancouver-Born KOHO Raises at $800 Million Valuation and Surpasses One Million Users
Vancouver-born KOHO Financial announced today that it successfully raised an additional $86 million in a series D extension at an $800 million valuation and has surpassed one million users. Despite a decline in Canadian fintech investment during the first half of 2023 that saw valuations slide to levels not seen since the beginning of pandemic, KOHO […]
Empower Your Startup: UBC’s Venture Founder Program Paves the Way for UBC-affiliated Entrepreneurs
Are you a UBC-affiliated entrepreneur that is ready to take your venture to the next level? Transform your idea or invention to impact through UBC’s Venture Founder program. Venture Founder supports UBC-affiliated entrepreneurs (students, faculty, staff and alumni who’ve graduated within 5 years) with an approach that recognizes that the venture building journey is unique for […]
Ionomr Innovations Secures $20 Million to Advance Next-Gen Hydrogen Technologies
Earlier this year Vancouver’s Ionomr Innovations was one of six B.C. companies named to the 2023 Global Cleantech 100 list. Today the Vancouver company announced the close of a USD $20 million Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures. Ionomr develops and manufactures breakthrough, foundational polymer and membrane technologies […]
B.C. Cleantechs Receive $2M From Innovate BC and NRC IRAP Through BC Fast Pilot
Innovate BC and the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) are awarding $2,014,425 in R&D funding to 13 BC cleantech companies. The funding is being awarded through the BC Fast Pilot program, which helps small and medium sized businesses design, build, and operate a pilot plant or small demonstration of their technology […]
Omnicart Secures Funding to Revolutionize Last-Mile Delivery with Its SaaS Platform
Last-mile delivery startup Omnicart has raised a $1.5 million funding round led by Foodhub, a UK-based company that provides online food ordering and management software to restaurants. Omnicart is a SaaS platform and a delivery operating system for any business owner who have access to fleets of drivers. In the same way that Shopify made […]
Baby Registry That Knows No Boundaries: Giftstart’s Game-Changing Platform To Support Canadian Parents
Baby registries have been around for decades, moving from physical stores to online platforms. However, the focus has mostly stayed on physical items. like bibs and strollers. Now, the needs of today’s parents are different, with the opportunity to offer support beyond just baby gear. Channeling her passion for helping families and her background in […]