Less than four months after spinning out of Vancouver’s Terramerra, agtech startup Catalera BioSolutions has announced the initial close of its Series A funding round. The USD $8M investment round was led by S2G Ventures, with follow-up investment from Farm Credit Canada (FCC) Capital, and a second and final close expected in Q4 of 2024. […]
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Biotech Startup CereCura Nanotherapeutics is Innovating Treatment for Brain Diseases
A preclinical biotechnology company developing a disease-agnostic approach to overcome barriers to central nervous system treatments has garnered attention from New Ventures BC. Based out of Vancouver, CereCura Nanotherapeutics was founded by neuroscientists Louis-Philippe Bernier and Nicholas Weilinger alongside Brian MacVicar, Peter Cullis, and Richard Howlett in June of 2022 with an aim to improve […]
Spare Secures $42 Million in Series B Funding to Expand AI-Driven Transit Solutions
Vancouver’s Spare today announced the successful completion of its Series B funding round, raising $42 million. The funding round was led by Inovia Capital, a longtime partner and lead investor from Spare’s $18 million Series A round. Other previous investors, including Kensington Capital and Nicola Wealth, also participated. This new funding will enable Spare to meet […]
Second Annual Event in Vancouver Showcases Innovation Toward Canada’s Electric Future
The founder of the Fully Charged Show, UK YouTuber Robert Llewellyn, brought a version of his annual live event to Canada in 2023 after being inspired by the province’s clean energy infrastructure. “The reason we’re coming to Vancouver is because of BC Hydro and the attitudes in BC around clean energy,” Llewellyn told BC Hydro […]
Entrepreneur Returns to Canada After Swiss Stint to Launch AI Fintech Startup
North America’s financial industry, known for slow change in the prior century, has been disrupted by technology since the turn of the millennium. The most recent advancement in tech impacting finance is generative artificial intelligence, which is already being applied to the industry in myriad ways. Vancouver-based yPilot launched this year. Riding the wave of […]
Benji Pays Secures Growth Investment from Top Down Capital
Port Moody’s Benji Pays has secured an undisclosed strategic growth investment led by Top Down Capital. Benji Pays is a payment automation platform designed specifically for Managed Service Providers (MSPs). In an industry where speed and accuracy are critical, Benji Pays replaces manual, tedious payment methods with an automated system that sits on the cutting […]
San Francisco’s Mercury Acquires Vancouver Fintech Teal
Less than a year and a half after being founded, Vancouver fintech Teal has been acquired by San Francisco’s Mercury. Teal is a seed stage startup that builds accounting products. With Teal, users can build the financial hub that drives attachment and engagement across all financial services products. “Accountants are important partners in the Mercury […]
Redbrick’s Path to B Corp Certification: Balancing Profit and Purpose in the Tech Industry
Tech is a $113 billion industry in Canada, approximately 5.5% of the overall economy. In CBRE’s tech talent report, Vancouver had the highest tech job growth rate across North America. The tech sector’s influence on both our economy and society is significant, but what many people don’t realize is its impact on the environment. Techcouver recently sat down […]
Omnae Secures Patent to Power New Product Targeting Supply Chain Management Innovation
Have you considered what underpins every great invention? From widgets to rockets, the answer is a supply chain that converts napkin doodles into tangible products for the real world. “A healthy supply chain is to a new invention what a healthy blood flow is to a human brain,” wrote Dan Lionello for Techcouver in 2021. […]
Open Ocean Robotics Among Eight Vancouver Island Firms Freshly Funded to Innovate, Expand
The federal government this month announced $3.5 million in funding through the Pacific Economic Development Agency of Canada to help eight Vancouver Island-based organizations advance innovation and attract visitors to the region. “Amazing things are happening on Vancouver Island,” reads a statement. “From technology to tourism, local innovators and entrepreneurs across industries are coming together […]