Vancouver direct-to-consumer tableware brand Fable has raised a $8.4 million Series A round to elevate the at-home experience. The new funds will be used to increase development across several key business verticals to fuel continued growth, product development and bring on key hires in addition to international expansion. The Series A round was led by […]
Shopify Shocks Tech Ecosystem With Massive Workforce Reduction
In January 2021 Shopify announced plans to double the size of its engineering team in 2021 by hiring 2,021 new technical staff. One year before Shopify announced that they were making a significant investment in Vancouver, with plans to hire 1,000 employees and open their first permanent office. Today Shopify CEO Tobi Lütke announced that Shopify would […]
Hydra Energy Lands Partnership With Western Canadian Heavy-truck Dealer
Vancouver’s Hydra Energy, the world’s first Hydrogen-as-a-Service (HaaS™) provider for commercial fleets, has landed a partnership with a major western Canadian heavy-duty truck dealer group to accelerate adoption of its hydrogen conversion kits. This is a first-of-its-kind green trucking collaboration with First Truck Centre will now allow commercial truck fleet owners to quickly convert their trucks […]
Netflix Comes To Vancouver With Animal Logic Acquisition
Netflix is acquiring Australian animation and visual effects studio Animal Logic to accelerate their animation production. Animal Logic is recognized as one of the world’s leading independent creative digital studios, producing award winning design, visual effects and animation for over 30 years. “Together, we’ll create an animation studio that will produce some of our largest animated […]
SafeDigit Raises Pre-seed Round For Last Mile Logistics
Vancouver startup SafeDigit has raised USD $1.2 million to help delivery businesses release their own applications on Shopify, WooCommerce, and Wix. Referring to themselves as the “Zapier or Mulesoft of Logistics”, SafeDigit was co-founded by CEO Marat Asadurian and Dale Williams. The new round will be used to accelerate SafeDigit’s technology innovation in the last […]
Vancouver Ranks #1 For Tech Talent Employment Growth Over Last 5 Years
CBRE has release the 2022 edition of their Scoring Tech Talent report and Vancouver has been on fire over the past five years. The report is a comprehensive analysis of labor market conditions, cost and quality in North America for highly skilled tech workers. CBRE ranks the top 50 markets in the U.S. and Canada […]
Eventbase Experiences Resurgence as In-Person Events Return with Gusto
Event-based businesses faced exceptional challenges when the industry was effectively shuttered for two years. In 2022, however, some normalcy has returned. And the companies that survived are now in a position to thrive. One example of this is Vancouver-born Eventbase. The startup was ready to rocket in 2019 before a global pandemic dramatically halted its momentum. […]
7Gen Raises $8 Million Round Co-led By Siemens For EV-as-a-Service Model
7 Generation Capital (7Gen) has landed an $8 million funding round that will accelerate the deployment of electric trucks and buses through the company’s innovative EV-as-a-service model. With offices in Vancouver and Montreal, 7Gen helps medium- and heavy-duty fleets deploy electric vehicles (EVs) and chargers. The Series A financing led by Quebec-based pension fund Fonds […]
Moment Energy Lands Supply Agreement With Mercedes-Benz For Second-life Batteries
Clean energy startup Moment Energy has established a supply agreement with Mercedes-Benz Energy (MBE) for second-life electric vehicle (EV) batteries. This marks the first agreement Mercedes-Benz Energy has signed with a North American second-life energy storage system (ESS) provider. “Together with Moment Energy we will enable sustainable ESS-solutions for North America based on second-life batteries. […]
EY Acquires Victoria’s FreshWorks Studio To Transform Customers’ Digital Experiences
EY has acquired Victoria’s FreshWorks Studio, an award-winning design and development consulting firm that specializes in driving innovation, transformation and growth. The move will expand the depth and breadth of EY Design Studio digital strategy, design and development capabilities. FreshWorks was the winner of BC Tech’s Company of the Year – Growth Success award in […]