A report by Mordor Intelligence valued the geospatial analytics market at USD $22 billion in 2020, expecting it to reach a value of USD $33 billion by 2026. Vancouver’s Sparkgeo wants their share of that market and has launched Prescient this week to go after it. Prescient harnesses unparalleled amounts of satellite, remote sensor and third-party […]
Canexia Health Merges With Imagia Cybernetics To Supercharge Oncology
Vancouver’s Canexia Health is merging with Montréal’s Imagia Cybernetics, an AI-healthcare company that accelerates oncology solutions generated from real world data. Canexia is an oncology innovator that streamlines complex cancer genomic information which allows oncologists to identify optimal treatment selection and patient monitoring. The merger includes a $20 million funding round that included BDC Capital’s […]
UBC Grad Siavash Alamouti Awarded Prestigious 2022 Marconi Prize
Granted annually by the Marconi Society, the Marconi Prize is often referred to as the Nobel Prize for Communications and recognizes the contributions and impact of innovators in the communications industry. This year Siavash Alamouti has been awarded the prestigious 2022 Marconi Prize in recognition of his contribution to global wireless device accessibility. He joins other technology luminaries […]
Company Led By UBC Professor Raises USD $40 Million To Advance Drug Discovery
Vancouver’s Gandeeva Therapeutics has raised USD $40 million in Series A funding to advance the development of new drug treatments. Led by UBC Faculty of Medicine professor Dr. Sriram Subramaniam and founded in 2021, Gandeeva is accelerating the development of new precision medicines by integrating cryo-electron microscopy (cryo-EM) and artificial intelligence (AI). Cryo-EM is a […]
Burnaby’s D-Wave Systems Going Public In SPAC Deal
Burnaby’s D-Wave Systems is going public by merging DPCM Capital, a publicly traded special purpose acquisition company, in a deal that values the company at nearly USD $1.6 billion. D-Wave expects to raise up to USD $340 million in gross proceeds from the deal, including a USD $40 million private placement in public equity from […]
Trulioo Acquires HelloFlow to Accelerate Digital Onboarding
Vancouver’s Trulioo has acquired Copenhagen’s HelloFlow, a no-code, drag-and-drop builder of client onboarding, monitoring and digital workflow solutions. With the digital economy rapidly growing, companies want to optimize their onboarding workflows to make the user experience seamless, while continuing to meet Know Your Customer, Anti-Money Laundering and other regulatory and fraud prevention requirements. The acquisition […]
Who Are BC’s Top Employers In Tech?
The pandemic has made employees more aware of that their most precious resource is time – and employers in British Columbia are responding with innovative programs and workplace models that help employees make the most of their time. The best of these initiatives were recognized today as this year’s BC’s Top Employers was announced by […]
Elastic Path Secures $60 Million in Growth Funding
Vancouver’s Elastic Path has secured a $60 million growth financing round from funds and accounts managed by BlackRock with participation from existing investors, led by Sageview Capital. Elastic Path powers mission-critical digital commerce for the brands such as Intuit, Pella, Deckers Brands, T-Mobile, and over 250 other leading brands. Elastic Path pioneered the Headless Commerce space in […]
Vancouver’s Tenzr Expands Its Wearable Health Tech Offering to Ontario
Combining wearable sensors and gamified exercises, Tenzr Health‘s physical therapy device gives invaluable feedback and data to patient and therapist. After wider adoption in clinics across British Columbia, the Vancouver startup’s wearable health tech is now available in physiotherapy clinics in Ontario. Thunder Bay’s Hand and Upper Limb Clinic and Toronto’s Orthopaedic Therapy Clinic have […]
Silicon Valley Unicorn Productboard to Expand Vancouver Footprint
Earlier this week San Francisco’s Productboard announced it had closed a USD $125 million Series D funding. This latest funding round takes Productboard’s valuation to USD $1.725 billion, making them a unicorn. Productboard is a customer-centric product management platform that helps teams get the right products to market faster. From Zoom to Volkswagen, more than […]