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 […]
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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 […]
Ionomr Innovations Secures USD $15 Million Round Led By Shell Ventures
Vancouver’s Ionomr Innovations has closed a $15 million US Series A funding round with lead investors Shell Ventures and Finindus, joined by Chevron Technology Ventures (CTV), NGIF Cleantech Ventures and Pallasite Ventures. Ionomr is advancing the development and manufacturing of ion-exchange membranes and polymers for the hydrogen economy. Ionomr’s Pemion® and Aemion® technologies provide cost, […]
12 Semi-Finalists To Participate In The Forum Pitch
The Forum is a Canadian charity that mentors, educates and empowers women entrepreneurs. For 20 years they’ve been supporting businesses big and small. Now in its 6th year, The Forum Pitch is a program that helps women entrepreneurs navigate and fast track their funding journey. Addressing the barrier of access to capital, The Forum Pitch […]
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 […]
Monos Poised to Establish Travel Brand After $10 Million Investment
Vancouver’s Monos has closed a $10 million Series A funding round led by venn growth partners with significant participation by Strand Equity. Monos offers premium travel luggage and accessories in timeless designs at accessible prices, unmatched within the industry, without sacrificing high-quality material and aesthetic. The brand has gained organic national recognition from consumers, media […]
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 […]
VINN To Revolutionize The Automotive Retail Model
The automotive sales and distribution model has largely been the same since the 1980s, with little change taking place despite technology revolutionizing other industries. The automotive industry as a whole has not adapted to the shift to online as quickly as many had predicted. Although consumers have moved online, veteran automotive OEMs still sell the […]