Two weeks after being named the new CEO of Zymeworks, Kenneth Galbraith has announced major leadership changes and said the clinical-stage biopharmaceutical company will lay off at least 25% of its staff this year. Galbraith replaced Zymeworks co-founder Ali Tehrani, Ph.D., who has served as President and CEO since 2003. Dr. Tehrani will remain as […]
UFC Joins NBA, NFL in Dapper Labs’ Sports NFT Suite
One year in the making, Vancouver’s Dapper Labs and Ultimate Fighting Championship (UFC) have announced the official launch of their highly anticipated NFT collectible product, UFC Strike. The all-new collectible experience, available to fans starting on January 23rd will for the first time give MMA fans the opportunity to own the most epic, talked-about fight […]
Cymax Expands C-Suite Leadership Team, Positioning for Next Growth Stage
Following substantial growth despite a challenging global supply chain environment, Vancouver’s Cymax Group Technologies has expanded its c-suite portfolio by naming Shouvik Roy as Chief Financial Officer. Roy brings an extensive background in financial reporting, financial planning and analysis, investor relations and regulatory compliance across multiple industries from nearly two decades in financial executive roles […]
CubicFarms’ HydroGreen Is Going to SXSW
CubicFarms’ HydroGreen has been selected as one of five finalists for the 24th annual SXSW Innovation Awards in the New Economy category. The 2022 SXSW Innovation Awards is an amazing collection of 65 of the world’s most forward-thinking digital projects. CubicFarms is one of two Canadian companies recognized this year with Montreal’s The Infinite also […]
Award-winning Californian Winemaker Joins BarrelWise Board
Vancouver’s BarrelWise announced today that Linda Trotta, Director of North Coast Winemaking at WX Brands, has joined its Board of Directors. A graduate of entrepreneurship@UBC’s Hatch Accelerator program, BarrelWise develops solutions that help winemakers practice their art and is used by some of the top Canadian wine producers including Mission Hill and Sandhill Wines. The company’s […]
Financial Data And Analytics Startup Canalyst Raises $70 Million Series C Round
Vancouver’s Canalyst has raised $70 million in a Series C financing led by Dragoneer Investment Group. Canalyst customers Canada Pension Plan Investment Board (CPP Investments) and Alta Fox Capital participated, along with existing investors HighSage Ventures, Vanedge Capital, and ScaleUP Ventures. Canalyst combines software with human expertise to create the most accurate and detailed financial […]
D-Wave Launches First-ever Quantum Computer In Europe
Today in Jülich Germany, Burnaby’s D-Wave Systems announced the launch of the first Leap™ quantum cloud-based system outside North America at Forschungszentrum Jülich Supercomputing Centre. The offering provides access to the Advantage™ quantum system, which contains more than 5,000 qubits and will be available to European users at Forschungszentrum Jülich immediately in the cloud via […]
Ryan Holmes Recruits Heavy Hitter Investors For LOI Venture Fund I
One month after announcing their fund LOI Venture has unveiled their first close of LOI Venture Fund I. LOI Venture was launched by Hootsuite co-founder Ryan Holmes and New Avenue Capital founder Manny Padda. LOI Venture invests solely in the brightest entrepreneurs in Canada under 30, with a high percentage of them coming out of League […]
Victoria’s Kixeye Studios Acquires Mobile Strategy Game Rise of Firstborn
Victoria’s Kixeye Studios has acquired the popular mobile turn-based strategy game Rise of Firstborn developed and published by Netmarble Corporation. Rise of Firstborn, which was released globally in May 2018 as Iron Throne: The Firstborn, is a mobile strategy game that combines hero role-playing-game (RPG) elements with real-time player-versus-player (PVP). In September 2021, the game […]
Seven B.C. Companies Named to 2022 Global Cleantech 100
Canadian cleantech companies are making their mark on the world stage with 13 companies being named to the prestigious 2022 Global Cleantech 100 list, the 13th edition. This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada. But the West Coast stands […]