Vancouver’s Victory Square Health has acquired Brazilian Covid19 test developers, Safetest. The portfolio company of Victory Square Technologies acquired Safetest Comércio de Diagnósticos’s assets and intellectual property in an all-stock transaction valued at $4 million. Safetest was founded in 2016 to bring high quality rapid tests to the market and has developed antibody-based tests and […]
Unbounce Releases 2020 Conversion Benchmark Report
Whatever companies are selling, fair warning… they better not tell customers to trust them. And e-commerce retailers might get better results by evoking… disgust. These and other counterintuitive findings are in the new 2020 Unbounce Conversion Benchmark Report, out now. Just in time for companies looking to get past the COVID-19 slump and take advantage […]
WeCommerce Acquires Shoppable Instagram & UGC Content Platform Foursixty
Victoria’s WeCommerce has acquired Toronto’s Foursixty, a leading partner in the Shopify and Instagram ecosystem. Foursixty has been a pioneer and leader in the social commerce space since 2014, and helps thousands of the world’s most popular direct-to-consumer brands such as Fashion Nova, Pura Vida Bracelets, Knix, MVMT Watches, Mejuri, and Skims monetize their Instagram […]
Wenco To Develop First-ever Open Autonomous Solution For Mining
Richmond’s Wenco Mining Systems and autonomous vehicle software company Oxbotica are partnering to develop a world-first Open Autonomy solution for mining. Initial trials are underway, and the companies are actively recruiting mining partners with appropriate testing grounds. The partnership will help meet growing demand with the number of autonomous haulage trucks around the world expected to […]
jSonar Raises $50 Million From Goldman Sachs For Database Security
jSonar has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. Headquartered in Boston and Vancouver, jSonar helps companies address database security and compliance needs, dramatically simplifying the process of establishing database protection while reducing cost. jSonar’s platform closes the gaps inherent in legacy Database Activity Monitoring (DAM) […]
Diabetes Management App Predicts Blood Sugar Values 60-Minutes into the Future
Vancouver’s Bio Conscious Technologies has completed an in-house study demonstrating that its Diabits app is capable of predicting blood glucose levels 60 minutes into the future. This is a huge improvement on industry-leading continuous glucose monitoring (CGM) companies that offer only 20-minute predictions. Diabits is an artificial intelligence-powered diabetes management app for people with type […]
SFU Entrepreneurs Crowned With Coast Capital Savings Venture Prizes
The Coast Capital Savings Venture Prize celebrates innovative ideas and entrepreneurial pursuits from the Simon Fraser University community. Open to early-stage business ventures founded by SFU students from undergraduate, graduate and professional programs, as well as by staff, faculty, and recent alumni, competitors are judged by a panel of industry experts on the quality of […]
Vancouver Startup To Revolutionize Electrical Plug With Magnetic Design
Vancouver’s VoltSafe wants to redefine the way the world connects to electricity with the very first prong-less magnetic electrical plug. The startup’s prong-less plug is so innovative, there have been no certification standards that have existed for it, until now. VoltSafe’s patented technology creates a safer, simpler, and smarter alternative to the traditional pronged plug. […]
Supercluster Funds More COVID-19 Recovery Projects In B.C.
The Digital Technology Supercluster continues to collaborate with companies from across Canada to develop, deploy and scale innovative technologies to support Canadians safely return to work. In April, the Vancouver-based Supercluster announced that they would commit $60 million to the biggest health and safety problems created by the COVID-19 crisis. The Supercluster has announced eight […]
Chinook Therapeutics Merges With Nasdaq-Traded Aduro Biotech
Vancouver’s Chinook Therapeutics announced today that they are merging with Nasdaq-traded Aduro Biotech. Chinook is a privately held clinical-stage biotechnology company focused on the discovery, development and commercialization of precision medicines for kidney diseases. Last year Chinook raised a $65 million Series A round led by founding investor Versant Ventures. Under the merger agreement, Seattle-based […]