Vancouver’s Fable, the sustainably produced direct to consumer brand of tablewares, today announced the completion of $3.4 million seed round to fuel continued growth and increased development across several key business verticals. Last year Fable finished third in the New Ventures BC Competition and participated in Techstars Toronto. The round was led by True alongside […]
Yaletown Partners Announces Closing of New $200 Million Fund
Yaletown Partners has announced the first close of its $200 million Innovation Growth Fund II (IGF II). IGF II’s capital comes from a diverse group of leading institutional investors, including global pension funds, financial institutions, family offices, foundations, and a network of successful technology entrepreneurs. With the first closing of $130 million, the active Yaletown […]
Hootsuite Acquires Montreal’s Heyday For $60 Million
To kick off 2021 Vancouver tech anchor Hootsuite announced the acquisition of Sparkcentral, a messaging app-focused customer engagement platform that offers virtual agents and automated message distribution. Eight months later, they’re at it again. Hootsuite has acquired Montreal’s Heyday, a conversational AI platform that enables brands to deliver personalized customer experiences through 1:1 messaging conversations. […]
From Burnaby To Vancouver, Electronic Arts Confirms Future Tenancy On Great Northern Way
Burnaby-headquartered Electronic Arts (EA) confirmed today that they’re taking on ~150,000 square feet at 1077 Great Northern Way in the new False Creek Flats area. The award-winning building, which was completed in 2015, was previously occupied by MEC and is owned by Lululemon Founder Chip Wilson’s Lowtide Properties. It is one of a handful in […]
Rivian Plans To Double Vancouver Workforce To 150 By End Of 2021
It’s hard to miss Rivian in the mainstream news cycle these days. The electric vehicle automaker just raised a further $2.5 billion from Amazon, Ford Motors, and T. Rowe Price in advance of the planned September deliveries of its long-anticipated R1T electric pickup truck and R1S SUV. But did you know that Rivian just celebrated […]
Burnaby’s Teradici To Be Acquired by HP
Computing giant HP is acquiring Burnaby’s Teradici, an innovator in remote computing software that enables users to securely access high-performance computing from any PC, Chromebook, or tablet. Financial terms of the transactions were not disclosed. Core remote desktop software is a large and expanding segment, projected to grow at a 17% compound annual growth rate […]
BC Tech Releases Report That Challenges What We Know About The B.C. Economy
If you’re a regular reader of Techcouver, you likely believe that Vancouver’s future success lies in acknowledging its importance as an innovation economy and preparing the next generation for this reality. BC Tech Association President and CEO Jill Tipping wants everyone outside of the tech ecosystem to know this as well. In a new report […]
Hootsuite Plucks New Chief Marketing Officer From Chicago
Vancouver tech anchor Hootsuite announced today that Maggie Lower has joined the company today as Chief Marketing Officer. Relocating from Chicago to Vancouver for this role, Lower will be a key member of Hootsuite’s executive leadership team and own the overall global strategy for brand, demand generation, communications, and events. Lower replaces Penny Wilson, who […]
Canada’s First All-Female Angel Fund Expands Across North America
Canada’s first all-female angel fund is expanding across North America. First launched in Victoria in 2017 with the support of the National Angel Capital Organization (NACO), Women’s Equity Lab (WEL) has recently completed the investment of its third round. The Vancouver chapter was launched in 2020 followed by the Okanagan in early 2021 and new […]
Dan Mangan’s Side Door Raises USD $3 Million Round Led By Rhino Ventures
Dan Mangan is a Vancouver-based singer-songwriter with two Juno Awards to his name and he’s added startup founder to his resume as well. Mangan’s rise in the music ranks was not overnight. It was slow and hard and he’s no stranger to the tiny venues that struggling musicians are resigned to play until they make […]