Simon Fraser University’s VentureLabs® is receiving $3 million in funding from Western Economic Diversification to establish a scale-up and soft-landing centre within its Vancouver business accelerator. VentureLabs’ scale-up program will support resident ventures and the broader community, and address knowledge gaps, share best practices, expand business networks, help companies drive revenue growth, facilitate talent recruitment, and prepare participating […]
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What’s your Business Type: Clio or Hootsuite?
In your business, are you building a pyramid or riding a wave? Yesterday, Clio announced a CAD $333.5 million investment in their company by US firms TCV and JMI Equity, making it the largest venture capital investment in Canada since 2000. This may come as a surprise to many in BC since the legal tech […]
Terramera Raises $45 million To Reduce the Use of Chemicals in Agriculture
Terramera announced today it has raised US$45 million in equity funding to advance its Actigate™ Targeted Performance technology. Terramera is a cleantech leader focused on fusing AI, science and nature to create revolutionary technologies that transform how we grow food and solve other world-scale challenges. The Series B round was led by new investor Ospraie […]
Government of Canada Invests in Vancouver’s Cleantech and eSports Sectors
The federal government is looking out for British Columbia’s digital and clean technology sectors. The Honourable Navdeep Bains, Minister of Innovation, Science, and Economic Development and Minister responsible for Western Economic Diversification Canada has announced funding of $453,550 for two projects led by the Vancouver Economic Commission (VEC). VEC will receive $353,550 to develop the […]
Clio Raises $333 Million in Largest Growth-Stage Transaction in Canadian History
Burnaby’s Clio announced today that they have raised USD $250 million in the largest growth-stage transaction in Canada’s history. The Series D round, led by US growth-equity firms TCV and JMI Equity illustrates their confidence that Clio will lead the legal tech market and that the legal tech industry is the next industry to watch. […]
Picovoice’s Speech Recognition Brings Cloud-level Accuracy to Edge Devices
Vancouver AI startup Picovoice announced today that they have developed the world’s first real-time speech recognition engine that can run offline anywhere. Voice user interfaces like Amazon Transcribe make it easy for developers to add speech-to-text capability to their applications thanks to cloud-based Speech recognition services. Despite the ubiquity of speech-enabled devices, processing speech in […]
Local Tech Design Grad Wins Award for Jacket that keeps Cyclists safe from Autonomous Vehicles
A Wilson School of Design at Kwantlen Polytechnic University technical apparel graduate has won bronze at the 2019 IDEA International Design Conference in Chicago. Philip Siwek’s winning entry is an innovative cycling jacket lets self-driving cars detect cyclists on the road. Siwek recently graduated from KPU and submitted his capstone project for the award. Siwek’s […]
BrainStation Launches Income Sharing Agreements in Vancouver
Just in time for their fall cohort, BrainStation has added income sharing agreements to its payment and financing plan options in Vancouver, allowing students to defer payment until they are employed and earning a minimum level of income. Capitalizing on the income share trend in the digital skills training space, BrainStation is the first educational […]
FORM and Polar to Bring Heart Rate to Augmented Reality Swim Goggles
Vancouver’s FORM has announced that their augmented reality swim goggles will support Polar heart rate technology starting in November 2019, enabling a level of training effectiveness and precision never before experienced by swimmers. The FORM Swim Goggles are a pair of premium swim goggles with a see-through, augmented-reality display that delivers performance metrics in real […]
ePACT Network closes $4.5 Million Series A Round
According to PE Hub Canada, emergency preparedness and communications solution ePACT Network has closed a $4.5 million Series A financing round co-led by Disruption Ventures and Yaletown Ventures. While Yaletown was a previous ePACT investor, this is the first Canadian investment for Disruption Ventures. Disruption launched in 2018 by Elaine Kunda to invest in North […]