Vancouver’s Moment Energy has been awarded USD $20.3 million by the U.S. Department of Energy (DOE) to establish the first certified EV battery repurposing facility in the United States. The award to the leader in repurposing electric vehicle (EV) batteries is part of the Biden-Harris Administration’s $428 million initiative to bolster domestic clean energy manufacturing, […]
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Rhino Ventures Supports MyFO as Local Startup Rethinks Wealth Management
MyFO has received investment through Rhino Ventures, the Vancouver companies recently announced. Family offices and ultra-high-net-worth individuals manage trillions of dollars—more than the entire hedge fund industry. The number of family offices has tripled since 2019 to more than 10,000 worldwide. Despite this scale, management of these assets is often riddled wth inefficiencies, argues MyFO. […]
Victoria Startup HiBoop Launches Pilot Program for Mental Healthcare Platform
Canadians’ self-rated mental health has declined since 2015, according to Statistics Canada, with one-in-five Canadians now requiring access to mental healthcare. And yet access to healthcare has also been sliding across the country as wait times continue to rise amid an expanding general population outpacing the growth of doctors. Enter HiBoop, a Victoria-based startup seeking […]
Hiive Surpasses $1B in Transactions as Marketplace Disrupts Traditional Capital
After launching in the U.S. first, Vancouver’s Hiive last year released its online marketplace for private company stocks in Canada. The B.C.-born marketplace functions as a meeting place for buyers and sellers of shares in privately held companies, typically those backed by venture capital. Accredited investors and funds can place an order to buy or sell […]
Vancouver’s Agtech Unicorn Semios Rebrands as Almanac, Signaling Major Growth
Vancouver’s thriving technology sector has welcomed a bold move by one of its key players—Semios, a global leader in agricultural technology, has officially rebranded as Almanac. This rebranding marks a pivotal moment not only for the company but also for Vancouver, further positioning the city as a major player in the global agtech market. Founded […]
Top Down Ventures Unveils US$25M for Founders Fund Targeting SaaS Startups
Vancouver’s Top Down Ventures has announced the first closing of its Founders Fund. Top Down’s new Fund, which closed at US$25 million, is designed to fuel early-stage software-as-a-service companies within the Managed Service Provider sub-sector. Building on its venture studio model, Top Down empowers MSP software startups with both capital and “unparalleled operational expertise and […]
Intuitive AI’s Oscar Platform to Power Recycling Program for Portland Blazers
It is arguably more confusing than ever for consumers to know how to sort their trash properly. Intuitive AI was founded in Vancouver in 2019 by Murad and Vivek Vyas with the goal to tackle the global waste crisis. By clarifying how the trash should be sorted before the object is thrown away, Intuitive AI […]
Defence Training Innovator RaceRocks Recognized for Corporate Excellence
Imagine training for intense situations in a helicopter cockpit, ship’s hold, or aircraft cabin—without even having to go outside. RaceRocks 3D is empowering Canadian defence and aerospace clients to be at their best with immersive training and innovative data analytics. Named after an ecological reserve in the Strait of Juan de Fuca near the company’s headquarters […]
Seven ‘Dynamic’ B.C. Startups Selected for This Year’s Ocean Challenge
The Ocean Startup Project this week announced 16 companies selected to participate in this year’s edition of the organization’s annual Ocean Startup Challenge. Each startup is poised receive up to $25,000 in non-dilutive funding on top of a “comprehensive support package” designed to to accelerate the growth of ocean-focused solutions. This year’s cohort represents “such […]
A.I. Travel App Pilots Way Around Obstacles Toward ‘Startup of the Year’
Pilot, born from founder Connor Wilson’s contemplative ATV ride on a Greek mountain in 2019, was initially registered as HappyHour. The nascent company originally planned to tackle social connection through a Personal Relationship Management tool. However, this idea was soon dismissed as too mechanical for authentic social engagement. Wilson’s resolve saw him join NEXT Canada, […]