The gig economy in North America continues to grow, led in part by a rise in demand for food delivery services. From fast food to grocery hauls, getting grub delivered to the door is an increasingly popular option throughout urban regions of Canada. A company based in Vancouver has developed a mode of transportation targeting […]
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Damon Motors Returns to CES 2024 With HyperFighter Superbike
Damon Motors is heading back to CES at the Las Vegas Convention Center in early 2024, The Vancouver mobility startup will be showcasing its award-winning HyperFighter electric motorcycle in the NXP® Semiconductors booth from January 9-12, 2024. The naked streetfighter motorcycle offers 200 hp, 200 nm of torque, a top speed of 170 miles per […]
Surging Zymeworks Unveils Strategy for Biotech Innovation Through 2025
Vancouver-based biotechnology firm Zymeworks endured a rocky 2022 that included substantial layoffs and an unsolicited offer from investment firm All Blue Capital to acquire the publicly traded company for US$10.50 per share. Since the October low, however, shares in Zymeworks have surged more than 40%, approaching US$11, although the stock still remains down from its 2021 […]
Custom Health to Go Public with Tech Platform for High-Risk Patients
B.C.-born medical technology innovator Custom Health Inc. is aiming to launch on the New York Stock Exchange through Berenson Acquisition Corp., a special purpose acquisitions company. Custom Health provides a tech-enabled medication management and healthcare solution, claiming 98% medication adherence for its patients across Canada. “Guessing with medication must stop,” asserts Shane Bishop, chief executive […]
With ‘Complete Coverage of Canada’ Achieved, UniUni Eyes US Market
UniUni founder and CEO Peter Lu has an ambitious goal for his company: Achieve the famed $1 billion “unicorn” status by 2025. En route this track, the Richmond-based delivery technology upstart last year raised $20 million in Series B financing from Celtic House Venture Partners, Freshwave Capital, and others to power a logistics platform that […]
Techcouver’s Most Read Stories of 2023
It’s fair to say 2023 was an improvement on 2022. The pandemic recovery dominated tech – like all else – with many of us spending more time than ever in front of screens. Not surprisingly, Techcouver had a banner year with site traffic growing every month during 2023. As we look forward to an even […]
Vancouver Remains a Critical Region for Amazon as Company Reflects on Impact
Since 2010, Amazon has made direct investments of more than $40 billion into Canadian operations, from capital expenditures such as building out data infrastructure to operating expenditures, including wages for 45,000 full- and part-time employees throughout the country. This investment has resulted in Amazon contributing $33 billion to Canada’s GDP over the same time frame, […]
BC Tech to Benefit from AWS’ New Western Canada Centre
Building on a 2016 centre in Montreal, Amazon Web Services has launched its second major infrastructure hub in Canada. Based in Calgary, this second AWS centre represents Western Canada. “With the launch of the AWS Canada West (Calgary) Region, customers and partners across Canada now have additional infrastructure to deploy applications with greater resilience, availability, […]
Sanctuary Bolsters IP War Chest as Startup Grounds AI in Physical World
Since being founded in 2018, Sanctuary AI climbed the field of robotics until its flagship humanoid Phoenix was recognized as one of 2023’s greatest inventions. But the Vancouver-based tech pioneer is not stopping there. Toward its mission of creating human-like intelligence in general purpose robotics, Sanctuary AI announced this week that the BC-born firm has […]
Inverted AI Captures Capital to Power Next-Gen Safety Simulation Tech
A Vancouver-born startup operating in the business of generative artificial intelligence has secured more than US$4 million worth of early-stage financing toward its mission of simulating human behaviour. “Our mission is to build AI agents that behave like humans,” states Inverted AI. “We use proprietary techniques to transfer these models into simulated environments where we […]