Vancouver’s Bench has raised $73 million in a Series C financing round led by Contour Venture Partners, supported by existing investors Altos Ventures, iNovia Capital, and BMO T&I, and including new investors including Sage and Shopify. The raise more than doubles Bench’s total funding to over $120 million and coincides with a major relaunch of […]
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How Vancouver Small Businesses Can Prepare for a Post-Pandemic Boom
With provincial restart plans in place, in-store shopping, indoor dining and indoor events are set to resume in the coming months. At last, a sense of normalcy is returning. Local and small businesses have been disproportionality impacted by the pandemic. In a survey we recently conducted at Interac, we found 75 per cent of Canadians […]
Loop Insights Rebrands as Fobi AI To Address The Enterprise
Vancouver’s Loop Insights is now Fobi Ai. The data intelligence company that uses artificial intelligence to help clients turn real-time data into actionable insights and personalized customer engagement has rebranded. The company’s ticker symbol (MTRX:TSXV) will also change to FOBI in the near future to match the company name. The rebrand syncs the company’s image […]
Precision NanoSystems Acquired By Danaher And Vancouver Manufacturing Centre Still In The Works
Vancouver’s Precision NanoSystems has been acquired by Danaher Corporation’s Life Sciences platform. PNI will join Danaher’s Life Sciences platform and will be complementary to other businesses in the platform, including Cytiva and Pall. PNI is a global leader in ushering in the next wave of genetic medicines in infectious diseases, cancer and rare diseases, including […]
Fintech Startup BlocPal To Raise $25 Million Private Placement
Vancouver fintech startup BlocPal will soon be a publicly traded company. BlocPal has agreed to complete a business combination by way of a reverse takeover of 1290448 B.C. Ltd and in the process will raise a $25 million concurrent private placement. “Today marks a significant step for BlocPal’s evolution as we continue to expand and […]
Mogo Is Well On Its Way To Majority Ownership Of Coinsquare
Vancouver fintech Mogo (TSX:MOGO) has been slowly acquiring more and more of Coinsquare, Canada’s leading digital asset trading platform for Bitcoin, Ethereum and other cryptocurrencies. Three months ago Mogo acquired 20 percent of Coinsquare. Last month Mogo nearly doubled its stake, increasing its ownership in to approximately 37 percent. Today Mogo announced it would be […]
Clir Renewables Raises $27 Million For Renewable Energy Assets
Clir Renewables has raised a $27 million Series B funding round co-led by Longbow Capital and ArcTern Ventures and including Canada Pension Plan Investment Board (CPP Investments), BDC Capital, Active Impact Investments and Tokio Marine HCC. Founded in 2017, Clir is dedicated to maximizing project returns from renewable energy assets. Clir has provided critical technology […]
Genome BC Invests In Stoko’s Revolutionary Knee Brace Technology
Vancouver startup Stoko has developed technology that embeds all the support of a traditional knee brace within the comfort of a compression tight. Their K1 supportive tight mimics the natural support structures within your body to give your knee all the support of a traditional brace with unparalleled comfort. Not surprisingly, elite athletes love the K1. Late last year […]
Vancouver-based Mushroom Company Appoints Chief Science Officer
Vancouver’s Optimi Health, developers of a vertically integrated functional mushroom brand focused on the health and wellness sector, has appointed Justin D. Kirkland to the position of Chief Science Officer. Optimi’s overarching philosophy and commitment to the use of all-natural ingredients in its products is a key differentiator compared to those industry competitors who have […]
Wishpond Achieves Record Revenue In First Quarter As Public Company
Earlier this year Vancouver’s Wishpond launched Wishpond Payments, a new service enabling the company’s 2,000+ customers to sell and collect payments directly through landing pages. The new product release continued the marketing suite’s flywheel momentum after it became a publicly-listed company on the TSX Venture Exchange in late 2020. Wishpond has wrapped up their first quarter […]