Richmond’s MDA Space has been selected as the prime contractor for Globalstar’s next-generation low Earth orbit (LEO) satellite constellation, securing a definitive contract valued at approximately $1.1 billion. Under the agreement, MDA Space will manufacture more than 50 MDA AURORA™ software-defined digital satellites for Globalstar, a major satellite operator providing mobile satellite services worldwide. “We […]
Nominations Open for BC Tech’s 2025 Technology Impact Awards
BC Tech has officially opened nominations for the 2025 Technology Impact Awards (TIAs), celebrating the province’s top technology companies across various categories. The Company of the Year Awards will recognize standout businesses at different stages of growth, including Startup, Growth, Scale, Anchor, and Ambition. The Gamechanger Awards will highlight excellence in areas such as Artificial […]
Nexera Robotics Secures $4.5M to Advance Robotic Grasping Technology
Vancouver’s Nexera Robotics, a leader in advanced robotic grasping, has raised $4.5 million in its latest investment round, with backing from prominent investors, including BDC Capital’s Industrial Innovation Venture Fund. The funding marks a major step in Nexera’s efforts to revolutionize automation across industries through its proprietary grasping solution, NeuraGrasp. NeuraGrasp is designed to tackle […]
Vancouver’s VRIFY Raises $12.5M to Advance AI-Assisted Mineral Discovery
Vancouver’s VRIFY, a leader in AI-driven mineral exploration, has secured $12.5 million in Series B funding to accelerate the adoption of its AI-Assisted Mineral Discovery Platform, DORA. The investment round was led by New York-based venture capital firm LGVP, with continued backing from Series A investors RCF Innovation and Beedie Capital, bringing VRIFY’s total funding […]
Novarc, Miller Electric Partner to Advance AI-Powered Welding
North Vancouver-based Novarc Technologies has entered a strategic partnership with Miller Electric Mfg. LLC to revolutionize welding automation through artificial intelligence (AI). The collaboration aims to introduce next-generation AI-powered welding solutions designed to enhance productivity, address labor shortages, and improve precision in industries such as shipbuilding, heavy equipment manufacturing, and construction. As part of Miller’s […]
Genome BC Funds Research to Combat Avian Influenza
Genome BC is funding research to address the risks of the H5N1 avian influenza strain following BC’s first domestically acquired human case. The BC Centre for Disease Control (BCCDC) will lead the projects in partnership with government agencies and UBC researchers. While the public risk remains low, recent human cases in North America highlight the […]
Vancouver’s Reverb Therapeutics Secures $17M to Advance Cytokine Therapy
Reverb Therapeutics, a biotech company leveraging the natural immune system to treat life-threatening diseases, has raised $17 million in financing. The funding round was led by founding investor Amplitude Ventures and included participation from the Myeloma Investment Fund, KdT Ventures, Finchley Healthcare Ventures, Seido Capital, and InBC Investment Corp. Reverb’s Amplify•R™ platform utilizes bispecific antibody […]
Vancouver’s Light AI Partners with MrBeast to Donate Strep A Tests in Africa
Vancouver-based healthcare technology company Light AI has joined forces with MrBeast Industries to launch a Strep A test donation initiative aimed at improving healthcare access in Africa. The partnership is featured in a new Beast Philanthropy video, which premiered on YouTube on February 16, 2025. Jimmy Donaldson, better known as MrBeast, operates the world’s largest […]
Victoria’s Solaires Secures $1.55M to Advance Perovskite Solar Tech
Victoria cleantech Solaires has secured $1.55 million in non-dilutive funding from Sustainable Development Technology Canada (SDTC) to accelerate the commercialization of its perovskite-based photovoltaic solutions. The funding will support the development of Solaires’ PVModules for use in new applications such as transportation and building-integrated solar solutions. The company’s technology promises to enhance energy efficiency for […]
VEF Hosts Reverse Pitch Event to Connect Founders with Investors
Startups looking for investment capital will have a unique opportunity to hear directly from funders at the Reverse Pitch – Meet Your Next Investor event, hosted by the Vancouver Entrepreneurs Forum (VEF) on February 18th at UBC Robson Square. Unlike traditional pitch events, this interactive session flips the script—investors will pitch their funds to founders, explaining […]