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 […]
Share Now, Formerly Car2Go, to End Service in Vancouver
Popular Vancouver car-sharing service Share Now, formerly known as Car2Go, is shutting down across North America. The joint venture between Daimler and BMW announced today that it will exit the North American market and shut down in London, Brussels, and Florence. This decision was made based on two extremely complicated realities. The first being the […]
Singular Software to Unveil AI-Powered Digital Hearing App at CES
Vancouver’s Singular Hearing will unveil its AI-powered hearing app, HeardThat, at CES 2020 in January. Singular Hearing is a subsidiary of Singular Software, a developer of progressive audio technology solutions and a Top10 company in this year’s New Ventures BC Competition. Harnessing the power of machine learning, HeardThat turns a smartphone into a futuristic hearing […]
The SpaceX Moment for Fusion: General Fusion to Build Demonstration Plant
General Fusion announced today that it has successfully closed USD $65 million of Series E equity financing. The financing was led by Temasek, a global investment company headquartered in Singapore. This funding round together with the release of CAD $50 million in additional investment from Canada’s Strategic Innovation Fund enables the company to formally launch […]
Clio, Thinkific, & Unbounce Among Canada’s Most Admired Corporate Cultures
Waterstone Human Capital has announced the 2019 winners of the Canada’s Most Admired Corporate Cultures and three Vancouver-based tech companies were among the winners. This national program recognizes best-in-class Canadian organizations and CEOs for fostering high performance corporate cultures that help sustain a competitive advantage. Congrats to Clio, Thinkific, and Unbounce for being acknowledged for […]