Vancouver proptech startup addy has launched its second real estate investment opportunity and this time around it is a commercial property in Chilliwack. Located at the southwest corner of Airport Road and Yale Road, the property is equipped with a drive-thru and is currently tenanted to Starbucks. The site is comprised of 2,100 square feet […]
Nano One Partners With Global Cathode Material Producer
Nano One has entered into a Joint Development Agreement (JDA) with a multi-billion-dollar Asian cathode material producer. According to Dan Blondal, CEO of Nano One, this producer, based outside of China, wishes to remain unnamed at present due to the highly competitive state of the lithium ion battery supply chain. Nano One has developed, patented […]
Dapper Labs Raises $12 Million From NBA Stars & More
Dapper Labs has closed a $12 million funding round led by NBA stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple. The funds will be used for further development of blockchain games including the eventual launch of NBA Top Shot out of private beta. Other new investors in this round include Coinbase […]
Ag-tech Investor Ospraie Increases Ownership Stake In CubicFarms
Ospraie Ag Science has increased its ownership stake in CubicFarms. Ospraie paid $5.25 million to purchase 7.5 million additional common shares in the publicly traded company. Before the Transaction, Ospraie owned approximately 18.9% of the company on a non-diluted basis. Ospraie now owns almost 30 million common shares of CubicFarms, representing just over 25% of […]
Digital Technology Supercluster Completes $60 Million Investment in COVID-19 Program
The Digital Technology Supercluster has announced the completion of its $60 million investment in the COVID-19 Program, launched in April to contribute to Canada’s Plan to Mobilize Industry to fight COVID-19. The fifteen projects announced round out the Program which addresses the biggest challenges presented by COVID-19. Members are addressing the diagnosis and treatment of […]
Alaska Airlines Welcomes PressReader To Lounges With Partnership
Alaska Airlines, the fifth-largest US airline based on passenger traffic, has partnered with Vancouver’s PressReader to bring global content to all Alaska Lounges across the U.S. PressReader provides the largest all-you-can-read platform of newspapers and magazines where people can discover relevant and trusted content from anywhere in the world. Eligible guests at Alaska Lounges will benefit […]
Burnaby’s Coastal Genomics Acquired By Yourgene For $17.8 Million
Burnaby’s Coastal Genomics has been acquired by UK-based Yourgene Health for up to USD $13.5 million. According to GenomeWeb, Yourgene plans to pay an initial $3 million in cash and $2.5 million in equity, and a contingent consideration of up to $8 million in cash and equity. Coastal Genomics has developed “Ranger Technology”, which automates […]
AbCellera’s Antibody Progresses to Phase 3 Clinical Trials
AbCellera has announced that LY-CoV555, a human antibody discovered by AbCellera in collaboration with the National Institute of Allergy and Infectious Diseases (NIAID) Vaccine Research Center (VRC) and co-developed with Lilly as a potential treatment and prophylaxis for COVID-19, has progressed to Phase 3 clinical trials. A first-of-its-kind, the Lilly-sponsored trial will use customized mobile […]
Startup Founded By Ex-IKEA Exec Introduces World’s First Biodegradable Bed
After two and a half years of research, development, and testing, Vancouver’s Horizontal Sleep is introducing a new, patented sleeping system that exceeds all other bed environmental and health standards. While almost beds are made with petroleum, polymers, plastics, chemicals, coils and carbon, Horizontal Sleep beds are 99.8% biodegradable, made with replaceable parts, and designed […]
Delta Controls Named Frost & Sullivan’s Company of the Year Award
Surrey’s Delta Controls has been named Frost & Sullivan‘s 2020 Global Company of the Year Award based on their recent analysis of the global building automation systems (BAS). Delta Controls was singled-out for its development and convergence of technologies, strategic partnerships, best-in-class technical support, as well as internationalization and growth diversification strategies set it apart […]