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 […]
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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 […]
NEXE and Rritual To Collab On New Superfoods Products In Compostable Pods
Vancouver’s NEXE Innovations has landed a strategic partnership with Rritual Superfoods. Rritual makes premium plant-based elixir products in small batches featuring mindfully-selected functional mushrooms and adaptogenic herbs. NEXE’s flagship product is its plant-based coffee pods, which are compatible with leading single-serve coffee format machines, are non-toxic in soils and are fully-compostable in as little as 35 days. […]
CubicFarms Demonstrates Growth Prospects With Q1 Results
Langley’s CubicFarms reported its first quarter financial and operating results today and they’re impressive. “This is our strongest quarter to date, with more than $3.9 million in revenue in the first quarter of the year, along with signing new customer orders for 42 modules of our indoor growing technologies,” said Tim Fernback, CFO, CubicFarms. “Our total sales and deposits […]
San Francisco’s Dialpad To Grow Headcount In Vancouver
San Francisco’s Dialpad is expanding its employee presence in Vancouver. With offices in Kitchener-Waterloo and Vancouver, Dialpad has over 160 full-time employees in Canada, accounting for more than 20% of their workforce. “It’s been a year of tremendous growth for Dialpad, including the acquisition of Highfive, securing $126M in Series-E funding and expanding our overall […]
Pay Your Rent With Bitcoin Thanks To Vancouver’s liv.rent
Eleven years ago Laszlo Hanyecz bought two large Papa John pizzas for 10,000 bitcoin. Now he can pay his rent. Vancouver fintech startup liv.rent has added bitcoin as a form of payment, allowing tenants to pay their rent with cryptocurrency while the landlord receives fiat currency. By facilitating rental payments made in bitcoin, liv.rent is offering […]
Victoria’s Defined Raises $2.5 Million Round From Version One & Tiny Capital
Victoria’s Defined has closed a $2.5 million seed round from a group of investors that includes B.C.’s Version One Ventures, Tiny Capital, and angel Rasool Rayani. Also participating in the round were Compound, Capital6 Eagle, Kamunting Street Capital, Mark Cuban, Inflection Ventures, Portico Ventures, and Balaji Srinivasan. Defined is a data platform for the open […]
Parliamentary Secretary for Technology & Innovation Brenda Bailey Confirms PNP Tech Stream Now Permanent
The Government of British Columbia has made the Provincial Nominee Program (PNP) Tech Pilot permanent, says Parliamentary Secretary for Technology and Innovation Brenda Bailey. Bailey confirmed the move during a Vancouver Startup Week panel titled the State of the BC Tech Sector this morning. The move follows calls from members of the province’s tech sector […]