Techcouver has learned that Ottawa-born, e-commerce darling Shopify is expanding in Vancouver and taking over 90,000 square feet at 1055 Dunsmuir Street. Shopify’s new space will accommodate 500-700 employees over five floors. The space was previously occupied by Deloitte Canada who moved out late last year and is in the middle of a two-stage move […]
Mastercard Commits $510 Million To Vancouver Cybersecurity Centre, Creating 270 Jobs
In an announcement at the annual World Economic Forum in Davos, Switzerland, the Honourable Navdeep Bains, Minister of Innovation, Science and Industry, and Mastercard CEO Ajay Banga announced that Mastercard will open its latest global technology centre in Vancouver. Located in the restored old Stock Exchange building, the new Intelligence and Cyber Centre is being […]
HeyBryan Partners With Duuo To Insure Gig Economy Workers
Home-maintenance app HeyBryan has announced a partnership with Duuo, by The Co-operators Group. Since launching in 2018, Duuo has reimagined Canadian insurance by providing on-demand, digital solutions that meet the emerging needs of consumers and businesses participating in the sharing economy. Through the partnership, Duuo will develop a custom, easy-to-use insurance product that HeyBryan will […]
Digital Technology Supercluster Announces $25 Million for 14 New Projects
Digital Technology Supercluster CEO Sue Paish kicked off a media event this morning at Terramera’s office in Vancouver with tech champion the Honourable Navdeep Bains, Minister of Innovation, Science and Industry. Minister Bains announced 14 new projects with a total investment of $25 million; eight focused on talent development for the digital economy, six in […]
BuildDirect Co-founder Jeff Booth Releases First Book
BuildDirect co-founder and Vancouver entrepreneur Jeff Booth has released of his first book titled The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future. In a sweeping analysis that draws upon economics, science, innovation, politics, psychology, sociology, and business, Booth offers an intriguing thesis predicated on the deflationary impact of technological advances […]
Bootstrapped ToursByLocals Secures $33 Million Investment
Vancouver’s ToursByLocals announced today it has secured a $33 million investment from Austin, Texas-based investment firm Tritium Partners. Founded in 2008, TourByLocals has bootstrapped itself to become the world’s leading online marketplace for private tours. Tritium is an investor in RVshare, and its founders previously led investments in vacation rental giant HomeAway. ToursByLocals will use the investment to […]
10 Homegrown B.C. Startups to Watch in 2020
2019 is in the books and it was a great one for Vancouver tech community and the province as a whole. Burnaby’s Clio announced a funding round that makes them Canada’s newest Unicorn, seven Vancouver companies were among Canada’s best workplaces in technology, and to top it off, we found out that our software developers now […]
Aspect Biosystems Raises $20 Million for 3D Printing of Human Tissue
Vancouver’s Aspect Biosystems today announced a US $20 million Series A financing round led by Radical Ventures with participation from investors Pangaea Ventures, Pallasite Ventures, and Rhino Ventures. Aspect is a biotechnology company pioneering microfluidic 3D bioprinting of human tissues and will use this capital to advance multiple tissue therapeutic programs, expand its technology platform […]
BasicGov Pays Back TIMIA’s Founder-Friendly Capital
TIMIA Capital’s “frictionless SaaS financing” promises to allow entrepreneurs to grow their business without giving up control. Founder-friendly capital is becoming more common and popular thanks to creative specialty finance companies and, more recently, media darlings like Toronto’s Clearbanc who are offering non-dilutive, revenue-share agreements to fund startup growth. TIMIA is an early pioneer of […]
Direct-to-Consumer DNA Tests Not a Reliable Predictor of Health
The global Direct-to-Consumer genetic testing market was valued at over $1 billion in 2018 and is expected to grow to over $3 billion in 2025. Thousands of people will be ‘giving the gift of health’ to friends and family this holiday season in the form of a low-cost DNA test. Unfortunately DNA testing is an inexact […]