Vancouver proptech startup addy has launched its fifth real estate investment opportunity and this time around it is a multi-family property in North Vancouver. Avesta Apartments is a 100% occupied, twenty-two suite apartment building at 1629 St Georges Avenue. addy is offering 1,018,500 units in the property valued at $1 each to enable B.C. residents […]
Burnaby’s Advanced Intelligent Systems Lands $400,000 for Harvesting Robots
Clean technology is revolutionizing our world, and Canadian entrepreneurs are leading the way. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, has announced investments of $55.1 million in 20 clean technology companies across Canada through Sustainable Development Technology Canada (SDTC). This funding will support small and medium-sized companies that are developing innovative solutions to help reduce greenhouse gas […]
Fraction Raises $289 Million, Takes Aim At Reverse Mortgages
Vancouver’s Fraction Technologies has raised $289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. In contrast to reverse mortgages and home equity loans, Fraction’s flagship product, the Fraction Appreciation Mortgage, has no monthly payments. Instead it offers a reasonable interest rate […]
Burnaby’s Loop Energy To Go Public On The TSX
Burnaby’s Loop Energy is going public on the TSX with plans for raise $100 million in the process. Loop Energy provides zero-emission power systems for heavy-duty transportation applications. Loop works with vehicle manufacturers to design and deliver carbon-free motive solutions using both electric and hydrogen fuel cell technologies. Loop sells and services two categories of […]
OvareGroup Expands Agency Portfolio with Investment in Vancouver’s JIBE
Vancouver e-commerce agency JIBE has landed a ‘significant’ investment from Los-Angeles-based OvareGroup. Founded in 2009, JIBE employs specialists across North America in helping better-life brands thrive into e-commerce businesses through user-centric design, technical architecting and development, and performance marketing. Experts in BigCommerce, Shopify and Magento, and highly custom e-commerce implementations, JIBE is the trusted agency […]
Vancouver’s Vegano is Disrupting the Meal-Kit Delivery Services Market
Vancouver’s Vegano, Canada’s first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following their official launch on January 4th, Vegano has delivered over 800 meals across Metro Vancouver, Squamish, and Whistler. Vegano offers a range of chef-created recipes using the farm-fresh organic ingredients which Vegano sources locally. While other meal-kit delivery […]
5 Vancouver Startups That Got Their Start At Techstars
Founded in 2006 in Boulder, Colorado, Techstars is a seed accelerator with a founder-first philosophy that fuels startups across a range of verticals, linking them to a network of successful mentors, partners, and investors. Getting accepted into one of Techstars’ 3-month accelerator programs is not easy. Fewer than 1% of startups that apply for Techstars […]
Carbon Engineering Wins Cleantech North American Company of the Year Award
Squamish-based Carbon Engineering (CE) has been named on the prestigious Global Cleantech 100 list by Cleantech Group for the second year in a row. CE was also awarded the 2021 North American Company of the Year Award – an honour bestowed upon the highest-ranked company on the list from the region. CE‘s groundbreaking Direct Air […]
Fintech Unicorn Chime To Employ 100 In Vancouver By End Of 2021
The trend is undeniable. Tech companies hailing from San Francisco are setting up shop in Vancouver to gain access to our strong talent base. This trend shouldn’t surprise anyone. The strongest economic argument in Vancouver’s pitch to Amazon to build their HQ2 was that the city’s tech workers have the “lowest wages of all North […]
10 Homegrown B.C. Startups to Watch in 2021
2020 is in the books and despite what we’ve all been through, it was a pretty good one for the Vancouver tech community and the province as a whole. The COVID-19 pandemic forced companies to adapt quickly to change and redesign their products or services or even create new ones to respond to our new […]