Vancouver’s GeoComply Solutions announced today that they have received a significant investment from Blackstone Growth and Atairos. GeoComply operates at the center of a new generation of cybersecurity companies, leveraging advanced geolocation data to make better risk-based decisions. Working as a critical piece of the infrastructure for some of the world’s largest tech companies, GeoComply […]
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B.C. Government Expands Launch Online Grant Program To Support More Businesses
In response to a high number of applications, the B.C. government is investing an additional $30 million in their new Launch Online Grant program. The Launch Online Grant program provides up to $7,500 to businesses to help build or expand an e-commerce site to reach more customers and to sustain and grow their business. The new […]
Working Together To Grow Angel Investing In Western Canada
Over the last decade, National Angel Capital Organization (NACO) members have invested over $1 billion into early-stage ventures, creating thousands of jobs and assisting Canadian entrepreneurs in every region and industry to execute their vision and commercialize their ideas. However, as the 2020 NACO Report on Angel Activity in Canada highlights, angel investment continues to […]
Beanworks Acquired By Quadient For $105 Million
Quadient announced today that it is acquiring Software as a Service (SaaS) platform Beanworks for approximately $105 million. Quadient will acquire 96% of the Vancouver company with two key leaders retaining a minority equity stake. Quadient has a mechanism to increase its ownership up to 100% in the coming years. Founded in 2012, Beanworks is […]
TechBrew Robotics Named Winner of 2021 OKGN Angel Summit
After 10-weeks of pitches, meetings, due diligence, and training, Salmon Arm’s TechBrew Robotics took home the $145,000 prize at the third annual OKGN Angel Summit. TechBrew Robotics is a turnkey robotics automation for difficult applications, including a system that picks, trims and packages mushrooms. This year’s OKGN Angel Summit saw participants from all over British […]
D-Wave Systems Lands $40 Million From Ottawa’s Strategic Innovation Fund
Burnaby’s D-Wave Systems is getting $40 million from the federal government to help advance its efforts in the development of quantum computing. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the contribution to D-Wave last week. The funding comes from Ottawa’s Strategic Innovation Fund and will support a $120-million project to develop quantum […]
SOTW 003: Castofly
Welcome to Startup of the Week. A column highlighting BC’s most innovative and exciting tech startups. Today, we’re featuring Vancouver’s Castofly Technologies (Castofly). Increasingly, educators are asked to use technology to create digital content for their students — a trend that was exacerbated by the events of the past year. Not everyone is a natural […]
Loop Insights Enters Into Five-Store Pilot With Sobeys
Vancouver’s Loop Insights has entered into a five-store pilot with Sobeys, Canada’s second-largest grocer, to provide Sobeys with Loop’s Insights and Engage platforms, including its new digital receipt capability, as well as Loop’s Wallet pass technology. Under the pilot Loop Insights will deploy its Fobi device at five select Sobeys locations in order to pilot […]
Together-Travel Startup Launchtrip Raises $4.7 Million Seed Round
Vancouver’s Launchtrip has closed a seed investment round totalling $4.7 million led by Axis Capital and plans to launch its new app in beta this Spring 2021. Calling itself the “world’s first Together-Travel startup”, Launchtrip has designed a platform that elevates the group travel experience, making the entire process of booking a trip seamless from […]
East Side Games To Develop Mobile Game For Rupaul’s Drag Race Franchise
Vancouver’s East Side Games (ESG) has entered into a multi-year partnership with World of Wonder Productions (WOW) for the exclusive mobile game rights to Emmy Award-winning competition series, RuPaul’s Drag Race, to develop and publish a new mobile game. The partnership includes rights to RuPaul’s Drag Race, RuPaul’s Drag Race: All Stars, and Untucked: RuPaul’s […]