At the beginning of the pandemic, furniture retail boomed as professionals shifted to work-from-home and ordering furniture online became more mainstream, but some companies haven’t been able to keep up with the demand in the long-run. Vancouver-born Article was not one of those companies thanks to warehouses across North America, an office in Vietnam to […]
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It’s Official: LayerZero Labs Becomes Vancouver’s Newest Unicorn
Vancouver’s LayerZero Labs announced today that it raised USD $135 million in a round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. This funding round values LayerZero Labs at $1 billion and will accelerate the development of cross-chain decentralized applications […]
Thinkific Lays Off 20% of Workforce, Growth Remains On Track
Vancouver’s Thinkific announced today that they are reducing their workforce to better reflect the areas of focus and growth at the company. Co-Founder and CEO Greg Smith sent this letter to Thinkific employees. “We have made the difficult decision to reduce our workforce. We have grown from 270 at the end of Q1 2021 to […]
Evok Innovations Announces First Close of $300 Million Cleantech Fund to Accelerate Industrial Decarbonization
Vancouver’s Evok Innovations, a venture firm committed to developing and deploying cutting-edge clean energy technology, today announced a first close of its USD $300 million Fund II, with half the capital committed by a group of strategic investors. Fund II includes significant participation by Export Development Canada (EDC), Royal Bank of Canada (RBC) and The […]
BNPL Is Here To Stay, and Canadian B2B Is Jumping On Board
Nearly two years since the first nationwide COVID-19 lockdown, the Canadian economy is finally starting to claw its way back to pre-pandemic levels. It’s been a slow and exhaustive process for many, but particularly demoralizing for businesses and the entrepreneurial spirit. COVID-19 has transformed our perception of the economy, altered major elements of our daily […]
TELUS Health Acquires Sprout Wellness Solutions
Vancouver-born Sprout Wellness Solutions has been acquired by TELUS Health. The acquisition will enhance TELUS Health’s virtual care offerings and add another leading Canadian digital health solution to their suite of services tailored to address the needs of organizations and their employees. Sprout is a holistic digital health and wellness solution designed to educate, engage […]
BBTV Enlists ConsenSys to Co-Develop Web3 NFT Solutions for Creators
BBTV has entered into a partnership with ConsenSys, a leading Ethereum software company, to support BBTV’s development of Web3 NFT solutions for content creators. As the Vancouver-born company enters its next phase of growth it is uniquely positioned to drive the Web3 creator economy by connecting creators, fans and collectors. “As home to almost 5,000 […]
Victoria’s Cognito Health Raises $1.1 Million For Better Mental Healthcare
Victoria’s Cognito Health has closed a $1.1 million pre-seed round led by Garage Capital. Investors also included in the funding round were Rasool Rayani, Andrew Wilkinson (Tiny), Jason Warner (Former CTO Git-Hub & Heroku), Scott Lake (co-founder Shopify), Tobyn Sowden (CEO and founder, Redbrick), and Rob Fraser (CEO and founder, endūr). Co-founded by Jason Cridge […]
Shopify’s Sustainability Fund Partners With Vancouver’s Carbin Minerals
Today Shopify announced new partnerships with nine entrepreneurial, climate-forward trailblazers through its Sustainability Fund, bringing their total carbon removal purchase commitment to $32 million. One of the newly added partners is a Vancouver’s own Carbin Minerals. Carbin Minerals accelerates and optimizes permanent carbon removal in mine tailings, with the goal of enabling mines to produce […]
Looking Glass Labs Adds Global Brand Veteran as SVP of Marketing for House of Kibaa
Vancouver’s Looking Glass Labs (LGL) has hired Ryan Lassi as the Senior Vice President of Marketing for its flagship studio, House of Kibaa (HoK). Lassi will be tasked with leading the awareness creation surrounding HoK’s Origin metaverse. LGL is a leading Web3 platform specializing in non-fungible token (NFT) architecture, immersive metaverse environments, play-to-earn tokenization and […]