The B.C. government has taken its first step in building an innovation corridor in Surrey with the announcement of a new Quantum Algorithms Institute at Simon Fraser University’s Surrey campus. With affordability and access to industrial land constraining growth in B.C.’s tech sector, the announcement builds on the government’s vision to promote the City of […]
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Investing in Canada: the Silicon Valley of the North
The fastest-growing tech hubs are no longer limited to the San Francisco Bay Area. Canadian cities have emerged as ideal ecosystems for nurturing technology companies. Many view Canada as a land of opportunity─ the country consistently ranks highly on global happiness, thanks to its stable politics, social factors, and strong economy. With quality talent and […]
Best Tech Workplaces for Millennials in Vancouver
Great Place to Work has announced their 2019 list of Best Workplaces for Millennials. To be eligible for this list, organizations must be Great Place to Work Certified, at least 30% of their employees must fit the Millennial demographic (born after 1980) and they must have minimum 90% positive response to the statement “I am […]
Rise People Acquires Slack tool Hazel
Vancouver-based digital people management platform Rise People has acquired Hazel, an AI-driven virtual coaching and real-time people analytics. Fully integrated with Slack, Hazel’s Manager Success Platform delivers personalized, science-based digital coaching at scale, empowering leaders at all levels to build more engaged and enduring teams. By analyzing rich data, Hazel offers a tailored continuous learning […]
A Look Back on Vancouver Startup Week
Every year it’s great to see Vancouver’s tech scene come together to connect and celebrate. Startup culture is often busy, heads down and focused on growth, and Vancouver Startup Week allows everyone to take a beat to see who’s around, what everyone has been up to and remember that you’re not alone. At Lighthouse Labs, […]
TELUS to Acquire Canadian Operations of ADT
TELUS is buying one of Canada’s leading providers of security solutions, paying $700 million for ADT Canada as telecommunications giants race to expand their product bundles. ADT Canada provides security and automation solutions to 500,000 residential and business customers and has 1,000 staff across the country. This acquisition builds on TELUS’ strategy of leveraging its […]
Renewal Funds Raises $145 Million for Renewal4 Impact Fund
Venture capital firm Renewal Funds has closed its latest fund, Renewal4, at $145 million making it one of the largest early stage impact funds in North America. Vancouver’s Renewal Funds is a sustainability focused firm that invests across North America in environmental technology and sustainable consumer products. Today’s funding announcement brings the firm’s total assets […]
Genome BC Invests in Safe Drinking Water
Genome BC has invested $1 million in Acuva Technologies through its Industry Innovation (I²) program. The I² Fund provides commercialization support for companies developing innovative life science technologies that address biological challenges in key economic sectors in BC: Agriculture, Energy and Mining, Environment, Fisheries and Aquaculture, Forestry, and Human Health. Access to safe drinking water […]
New Zealand’s Xero Brings Road Show to Vancouver
New Zealand-born Xero is a cloud-based accounting software platform for small and medium-sized businesses. Sold as a software as a service (SaaS), Xero now has 1.4 million subscribers in over 180 countries and a thriving ecosystem seamlessly integrating with 700+ apps. Xero’s commitment to Canada got a boost last year when they acquired Toronto-based document […]
Clir Renewables Raises $7.1 Million Series A Round
Vancouver’s Clir Renewables, closed their Series A round of C$7.1 million this month, led by strategic investor ArcTern Ventures. Clir’s software platform uses machine learning algorithms to categorize and quantify areas of underperformance across wind farms, resulting in recommended actions for improvement, including yaw alignment and blade pitch. Customers realize Annual Energy Production (AEP) gains […]