Richmond’s bioLytical Laboratories is receiving funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to develop a one-minute test for antibodies to SARS-CoV-2, the virus that causes Coronavirus disease. The new INSTI COVID-19 Antibody Test is being developed on bioLytical’s proprietary INSTI platform, a testing technology that detects antibodies within 1-minute […]
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Eli Lilly Starts First Human Trials of AbCellera’s COVID-19 Treatment
AbCellera today announced that LY-CoV555, the lead antibody from the collaboration between AbCellera and Eli Lilly, has entered into human testing for the potential treatment of COVID-19. LY-CoV555 is developed from a fully human monoclonal antibody identified from the first blood sample obtained from a North American patient who recovered from COVID-19. Developed at record […]
Digital Health Startup Curatio Raises Series A Round Led By Rhino Ventures
Vancouver’s Curatio has raised a Series A round led by Vancouver’s Rhino Ventures with participation from Conexus Venture Capital Fund. The amount of funding has not been disclosed. Curatio is a digital health company that has developed the world’s first social health prescription to tackle loneliness and isolation. Used in over 85 countries and available […]
Turo To Roll Out Peer-to-Peer Car Sharing in B.C.
With the exit of Car2Go from the Vancouver car sharing market, Turo’s timing couldn’t be much better. B.C. will soon welcome a global leader of the car sharing industry. Turo, the world’s largest peer-to-peer car sharing platform, has secured the required insurance coverage from ICBC it needs to operate in the province. Turo allows private […]
Salesforce Offers $10K Lifelines To 62 Businesses To Recover From Downturn
Small businesses are the heart of Canadian communities and the backbone of Canada’s economy. Canadians everywhere have been supporting their local businesses throughout COVID-19, from ordering take-out to buying gift cards. Civic-minded organizations with the resources and means are also pitching in. The Canadian Chamber of Commerce has announced a new program called the Canadian […]
Sonic Incytes Closes $3.5 Million Round In Fight Against Liver Disease
Vancouver based Sonic Incytes has completing a seed financing round of over $3.5 million. Sonic Incytes is developing a breakthrough, point of care ultrasound solution for assessing and managing chronic liver disease – an emerging global health crisis, affecting one in four persons worldwide. Investors include Small World Group, Think Top Investments and Sunhope Venture […]
CTO.ai Launches SlackOps For Remote Development Teams
CTO.ai‘s mission is to make DevOps accessible to the next 40 million developers. And what better place then where collaboration and communication happens. With the future of work accelerating towards remote, the Vancouver startup has launched The Ops Platform in the Slack App Directory so anyone can easily automate a DevOps workflow. As the first […]
Peter Thiel And More Double Down On AbCellera’s COVID-19 Antibody Drugs
AbCellera has raised another round of financing, this time a US $105 million Series B round. The financing was led by OrbiMed and current investor DCVC Bio, with an investor syndicate that includes Viking Global Investors, Peter Thiel, Founders Fund, Eli Lilly and Company, University of Minnesota, and Presight Capital. Earlier this month the Government […]
Beatdapp To Transform Streaming Music Royalty Payouts in India & Japan
Streaming music services’ share of total music revenues is bigger than ever. According to a report from the International Federation of the Phonographic Industry, global music sales grew for the fifth consecutive year to $20.2 billion in 2019 with streaming accounting for more than half of all label revenue for the first time. Highlighting record […]
‘League of Innovators’ Launches Platform for Youth to Discover Entrepreneurship
Vancouver’s League of Innovators (LOI) has launched a free learning and resource platform for youth and educators called Innovators Academy. The Innovators Academy is an online platform with free content on topics related to entrepreneurship and innovation organized into 12 modules filled with content, videos, and workbooks, and tackles topics such as social entrepreneurship, resilience, […]