Vancouver startup Daanaa Resolution has raised a USD $7 million Series A round led by VoLo Earth Ventures. Daanaa’s proprietary semiconductors provide medium- and modality-free power transactions. That allows solar panels to overcome conventional hardware restrictions of cell connectivity, optimizers and inverter composition, dramatically increasing power production and reducing BOS costs. Alumni of UBC’s HATCH Accelerator […]
Streamline Athletes Acquires Collegiate Distance Running Analytics Site
Vancouver’s Streamline Athletes has acquired The Stride Report, a site that provides NCAA track/cross-country rankings, projections, and analysis. The acquisition comes after The Stride Report ceased operations in June 2021. The acquisition means that The Stride Report will be able to immediately return to covering collegiate distance running via articles, podcasts, rankings, and projections. With […]
Sonic Incytes Raises $9.3 Million To Accelerate Velacur Commercialization
Vancouver’s Sonic Incytes has completed a $9.3 million Series A round led by Nimbus Synergies. The strategic equity round, which was oversubscribed by 150%, comes after the launch of Velacur, the first handheld 3D liver health assessment solution, in the US market in early 2021. Cleared by the FDA, Velacur is a handheld, point of […]
Wishpond Acquires Shopify Shopping Cart Abandonment Tool
Vancouver’s Wishpond has gone shopping again. In its fourth acquisition of the year Wishpond has acquired New York’s Winback, a SMS marketing solutions platform including a cart abandonment tool for use with Shopify. The acquisition of WinBack provides Wishpond with an intuitive and user-friendly automated SMS marketing product and cart abandonment tool for Shopify merchants that […]
Crypto Firms Lean Toward Compliance Verification As Regulatory Environment Changes
Today Vancouver’s Trulioo announced six new customers in the cryptocurrency industry: Centbee, GMO Trust, Omni Matrix, Skilling, Strike Protocols and Vintech Capital. Trulioo is the leading global identity verification company, building trust online so that businesses and consumers can transact safely and securely. Trulioo’s platform provides real-time verification of 5 billion consumers and 330 million […]
Ryan Holmes Teams Up With Manny Padda To Launch Venture Fund
In 2017, Hootsuite co-founder Ryan Holmes launched League of Innovators because there was a shortage of mentorship for young entrepreneurs. Today, Holmes is teaming up with fellow Vancouver angel Manny Padda to announce a $20 million venture fund called LOI Venture to address the shortage of capital for founders under 30. There was a shortage […]
Hockey Canada Selects TraceSafe For 2022 IIHF World Junior Championships
For the second year in a row Vancouver’s TraceSafe will be the exclusive provider of wearable safety technology and data analytics for the International Ice Hockey Federation (IIHF) World Junior Hockey Championships. The extension follows the successful implementation of TraceSafe’s award-winning wearable technology and IoT platform at last year’s World Junior Championship, as well as […]
UBC’s Stretchy, Washable Battery Brings Wearable Devices Closer To Reality
UBC researchers have created what could be the first battery that is both flexible and washable. It works even when twisted or stretched to twice its normal length, or after being tossed in the laundry. Developed by Dr. Nguyen, a postdoctoral fellow at UBC’s faculty of applied science, and his colleagues, the battery works even […]
Startup of the Year Matidor Sidesteps Trouble In Copyright Infringement Case
BC Tech’s 2021 Startup of the Year is in the news again this week. Unfortunately its not the type of accolades that Matidor Technologies has been used to over the past couple years. Last week, Federal Judge Nicholas McHaffie awarded $277,400 in damages to Ark Innovation Technology Inc and Ark Platforms Inc (collectively “Ark”) as “damages […]
Trulioo Lands On The RegTech100 List
Vancouver’s Trulioo has been named to the RegTech100 list. Now in its fifth edition, the list recognizes the world’s most innovative technology solution providers that offer products and services in the areas of compliance, risk management, information security and financial crime. The RegTech (regulatory technology) industry has experienced rapid growth over the last two years […]