Building on funding from the Canadian Space Agency, Vancouver startup Metaspectral this week closed a seed round. The BC-based startup, which is advancing computer vision through deep learning and hyperspectral imagery, secured $4.7 million from SOMA Capital, Acequia Capital, the Government of Canada, and multiple angel investors including Jude Gomila and Alan Rutledge. The company stated […]
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19 B.C. Tech Companies Named Deloitte Technology Fast 50 Winners
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada for the 25th year. The program reaches a milestone this year, celebrating 25 years of recognizing Canadian technology companies’ achievements, outstanding innovation, leadership, and growth. […]
Debrand Lands Strategic Investment For Circular Economy Mission
Reverse Logistics and textile recycling provider Debrand is positioned for expansive growth after receiving a strategic investment from WM, North America’s largest environmental solutions provider. Headquartered in Vancouver, Debrand’s mission is to help world-class fashion and retail brands elevate their sustainability strategy by extracting as much value as possible from the planet’s finite resources. Among […]
How These Vancouver Startups are Advancing the Metaverse in Canada
The metaverse has taken a financial toll on Meta—the tech titan is down 65% on the year, partly due to its metaverse project costing several billion dollars per year without hope of profitability anytime soon. Third-quarter results show the company lost $9 billion so far this year on Reality Labs, the arm of Facebook which […]
Six Solar Startups Heating Up in BC
Efficiently harnessing the power of the sun at scale is a tall task, but somebody’s gotta do it. Hundreds of different companies around the world are tackling the various challenges around making solar a viable, affordable, and accessible alternative to conventional energy sources. This includes several in British Columbia, where pushes for clean energy have […]
Copperleaf, Galvanize, & Trainerize Share Their Exit Stories & Lessons Learned
This fall our local TiE Vancouver chapter is hosting a series of learning, mentoring and networking events for operators of startups and scaleups. After back-to-back sold-out events, they’re at it again on November 30th with a panel on what founders need to know about exits. Exits matter because that’s when the founders, the team and […]
Linus Tech Tips Growing Garage Startup into Digital Media Empire
YouTube was a different sort of platform, operating on a different kind of internet, back when Linus Sebastian launched his first channel. The content creator’s success through Linus Tech Tips has transcended shifts in social media and other technologies. The friendly and helpful persona of Linus himself—and more recently, a growing team of co-creators—is what […]
TELUS Health To Provide Walmart Associates with Comprehensive Virtual Health Services
Walmart Canada and TELUS Health have announced a new strategic initiative to bring TELUS Health’s full suite of total health and wellbeing solutions to all Walmart associates in Canada. This robust suite of health services will provide Walmart Canada associates and their families with confidential access to hundreds of health professionals from a variety of […]
Seeking to Improve ‘Alignment with Goals,’ Kabam Games Reduces Workforce by 7%
Vancouver-based Kabam Games has laid off about three dozen employees, according to a new report. At the start of the year, Kabam boasted more than 500 employees, including over 300 in the Vancouver region alone. These figures may run slightly smaller for now, however. “We made the decision to adjust our resourcing structure in alignment […]
Six Hardware Startups in BC You May Not Have Heard Of
Most startups today are digital-first. Such enterprises are typically easier to launch, and statistics suggest they’re more likely to get funding and survive than their hardware counterparts. “As hard as it is for all tech startups, it’s even more difficult for consumer hardware companies,” affirms a report from CB Insights, which found that 97% of consumer hardware […]