Angel investors make small investments in startups to help their business get off the ground and carry the company through its difficult early stages. Angel investments can be a great opportunity for some serious financial upside—or downside—which is why these investments are reserved for high net worth individuals that can afford to make a few […]
Victory Square Gets FDA Permission For Covid-19 Antibody Test
Vancouver’s Victory Square Health acquired Brazilian Covid19 test developers Safetest in June. Today Safetest was granted permission by the Food & Drug Administration (FDA) in the United States to commence marketing, sales and distribution under the emergency use authorization (EUA) for its Safetest Covid-19 assay for detecting the virus causing Covid-19. Safetest Covid-19 IgG /IgM […]
HR Tech Group Launches Free Online Diversity & Inclusion Tool
Vancouver-headquartered HR Tech Group has launched a free online resource for Canada’s technology industry that provides access to more than 300 best-in-class Diversity and Inclusion (D&I) resources and tools. A 2017 research report by HR Tech Group, Diversity & Inclusion in the BC Tech Sector, found that Indigenous peoples account for less than 1% of […]
Plurilock Receives Funding For Passwordless Authentication Technology
Victoria’s Plurilock is receiving advisory services and $120,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) for a research and development project. The funding will support Plurilock’s passwordless authentication initiative, which is designed to enable users to log in to computing environments and systems without having to perform […]
Supercluster Delivers For Food-X’s eGrocery Management Solution
The Digital Technology Supercluster is providing Food-X Technologies with an additional $2.6 million to enhance its eGrocery Management Solution (eGMS) for retailers to scale safe food delivery. This new funding is ten times the initial amount raised for a feasibility study announced in April, allowing Food-X to continue leading the collaboration of prominent companies, including […]
LlamaZOO Signs Historic Deal With First Nation For Territory Mapping
Victoria’s LlamaZOO, a leader in data visualization tools in the mining, oil and gas, and forestry industries, has signed a partnership with Mowachaht/Muchalaht First Nation that will enable them to become the first-ever First Nation in Canada to use digital twinning software technology for improving land management and stewardship. Leveraging LlamaZOO’s TimberOps software, Mowachaht/Muchalaht will […]
AbCellera Wins Fast Company’s Innovative Team of the Year Award
Fast Company Magazine has published their second annual list of the Best Workplaces for Innovators. The list identifies companies that encourage bold experimentation, not just from the C-suite or engineering groups but from every level of the organization. And now more than ever, businesses of every kind, from every industry, must innovate to survive and […]
VodaSafe Raises $1.4 Million from Vanedge for AquaEye Sonar Device
Vancouver’s VodaSafe has raised a $1.4 million seed round to further expand the availability its AquaEye®, the world’s first hand-held scanning sonar device for water-based search and rescue. The round was led by Vanedge with participation from BDC, two VC firms that have funded successful hardware technology companies including Echodyne, Recon Instruments, and TouchBistro. “We are […]
Momentum Venture Partners Launches Venture Residency Program
Venture development firm Momentum Venture Partners has partnered with Vancouver co-working space Pavilion to establish a Venture Residency program. The Pavilion Residency collaboration provides the necessary infrastructure and resources startups require to realize continuous improvement and growth. The program combines subsidized professional office space with focused venture development support and services from Momentum and a […]
Conexiom Announces $40 Million Strategic Growth Investment
Vancouver-headquartered Conexiom has received a $40 million strategic growth investment from ICONIQ Capital. ICONIQ joins existing investor, Luminate Capital, which will retain a majority stake. Conexiom is focused on eliminating manual order processes and helping customers deliver a superior customer experience. Conexiom is the only vendor in the market that delivers touchless order processing with 100 […]