Vancouver’s NEXE Innovations has landed a strategic partnership with Rritual Superfoods. Rritual makes premium plant-based elixir products in small batches featuring mindfully-selected functional mushrooms and adaptogenic herbs. NEXE’s flagship product is its plant-based coffee pods, which are compatible with leading single-serve coffee format machines, are non-toxic in soils and are fully-compostable in as little as 35 days. […]
CubicFarms Demonstrates Growth Prospects With Q1 Results
Langley’s CubicFarms reported its first quarter financial and operating results today and they’re impressive. “This is our strongest quarter to date, with more than $3.9 million in revenue in the first quarter of the year, along with signing new customer orders for 42 modules of our indoor growing technologies,” said Tim Fernback, CFO, CubicFarms. “Our total sales and deposits […]
San Francisco’s Dialpad To Grow Headcount In Vancouver
San Francisco’s Dialpad is expanding its employee presence in Vancouver. With offices in Kitchener-Waterloo and Vancouver, Dialpad has over 160 full-time employees in Canada, accounting for more than 20% of their workforce. “It’s been a year of tremendous growth for Dialpad, including the acquisition of Highfive, securing $126M in Series-E funding and expanding our overall […]
Pay Your Rent With Bitcoin Thanks To Vancouver’s liv.rent
Eleven years ago Laszlo Hanyecz bought two large Papa John pizzas for 10,000 bitcoin. Now he can pay his rent. Vancouver fintech startup liv.rent has added bitcoin as a form of payment, allowing tenants to pay their rent with cryptocurrency while the landlord receives fiat currency. By facilitating rental payments made in bitcoin, liv.rent is offering […]
SDTC Awards $17.2 Million To Three B.C. Cleantech Companies
Sustainable Development Technology Canada (SDTC) has awarded $44.3 million in funding to 11 Canadian cleantech companies, including three from B.C., to help Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions. Together with the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, SDTC announced $17.2 million in funding to to […]
Hydra Energy Raises $15 Million To Convert Heavy-Duty Trucks to Run on Green Hydrogen
As more North American commercial fleets look to reduce tailpipe emissions and fuel costs, Delta’s Hydra Energy has secured $15 million from Just Business to expand beyond pilots and deliver hydrogen-powered trucking today. This funding is to support the further development of Hydra’s initial waste hydrogen capture plant in British Columbia, its fuelling infrastructure, and […]
Vancouver’s Canada Drives Launches Online Vehicle Purchasing And Delivery Nationally
Since being the first to launch online vehicle sales in B.C. in October, Canada Drives has generated over $3.5 million in revenue and currently owns more than 1,000 vehicles across the country. Now the Vancouver company making their online vehicle purchasing and delivery platform available nationally. Canada Drives’ customers in Ontario and B.C. can now find […]
Vancouver Startup Week Tackles The State Of The BC Tech Sector
If you’re going to tune into only one event at this week’s Vancouver Startup Week, I suggest you check out this Friday’s State of the BC Tech Sector session featuring some of the biggest names in the local tech sector. Positioned as a ‘State of the Union’ address, the discussion will focus on the current […]
Launch’s LaunchPad Incubator Program Adapts to the Hybrid Work Environment
As the world looks to entrepreneurs to lead us through economic recovery, now more than ever, entrepreneurs need environments where they can connect with fellow entrepreneurs, mentors, and investors. Vancouver’s Launch Academy wants to create that environment. Last week Launch’s Ray Walia announced they are giving away $100,000 worth of scholarships for their online Launch […]
Metaspectral AI will Sort Recyclable Plastic in B.C. by the End of 2021
Vancouver’s Metaspectral has received a $300,000 grant from CleanBC to develop computer vision, artificial intelligence, and robotics designed to sort post-consumer recycled plastic. It is impossible for humans to differentiate between different types of clear plastic bottles with the naked eye, so until now, various types of post-consumer recycled clear plastics were sold together in […]