This week marks a big milestone for Vancouver’s SoleSavy. SoleSavy is a fast-growing sneaker startup that gives its members access to highly sought after sneakers at retail prices. The startup recently raised $12.5 million in a Series A round led by Bedrock capital with participation from investors such as Dapper Labs’ CEO Roham Gharegozlou, Shopify’s Harley […]
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Peter Jackson’s Award-winning VFX House Wētā FX To Open Vancouver Studio
New Zealand’s Wētā FX, one of the world’s premiere visual effects studios, announced today that they will be opening a Vancouver office as part of the next phase of the company’s growth following the $1.6 billion technology deal with Unity late last year. The Vancouver location will initially house 75 artists with a vision to expand […]
Appfire Acquires Vancouver’s Comalatech In Atlassian Ecosystem Consolidation
Vancouver’s Comalatech has been acquired by Appfire, a global authority in the Atlassian ecosystem. Appfire has the largest portfolio of apps on the Atlassian Marketplace with 225,000 active installations worldwide. Founded in 2005, Comalatech was first-to-market with powerful collaboration solutions for Confluence, one of Atlassian’s leading work management solutions. Notable Comalatech products include Comala Document […]
Victoria’s Assembly Digital Acquired by St. Joseph Communications
Victoria’s Assembly Digital has been acquired by St. Joseph Communications, Canada’s largest privately-owned print, media, and content marketing company. Through its acquisition of Assembly, St. Joseph is furthering its investment in the digital publishing space. Launched in 2015 by Redbrick, Assembly is a digital publishing company that currently reaches over 25 million visitors, monthly across the brands […]
Vancouver Enters The Metaverse With 4D Holographic Capture Facility
Vancouver’s Departure Lounge and Los Angeles-based volumetric capture pioneers, Metastage, announced today that they have been selected by Microsoft as the exclusive licensee for its volumetric capture technology in Western Canada. Launching in Spring 2022, Metastage Canada will be the first 4D holographic capture facility in the region to bring humans into the metaverse and will […]
Article Sees More Than 45% YoY Revenue Growth, Expands Logistics Network
At the beginning of the pandemic, furniture retail boomed as professionals shifted to work-from-home and ordering furniture online became more mainstream, but some companies haven’t been able to keep up with the demand in the long-run. Vancouver-born Article was not one of those companies thanks to warehouses across North America, an office in Vietnam to […]
It’s Official: LayerZero Labs Becomes Vancouver’s Newest Unicorn
Vancouver’s LayerZero Labs announced today that it raised USD $135 million in a round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. This funding round values LayerZero Labs at $1 billion and will accelerate the development of cross-chain decentralized applications […]
Thinkific Lays Off 20% of Workforce, Growth Remains On Track
Vancouver’s Thinkific announced today that they are reducing their workforce to better reflect the areas of focus and growth at the company. Co-Founder and CEO Greg Smith sent this letter to Thinkific employees. “We have made the difficult decision to reduce our workforce. We have grown from 270 at the end of Q1 2021 to […]
Evok Innovations Announces First Close of $300 Million Cleantech Fund to Accelerate Industrial Decarbonization
Vancouver’s Evok Innovations, a venture firm committed to developing and deploying cutting-edge clean energy technology, today announced a first close of its USD $300 million Fund II, with half the capital committed by a group of strategic investors. Fund II includes significant participation by Export Development Canada (EDC), Royal Bank of Canada (RBC) and The […]
TELUS Health Acquires Sprout Wellness Solutions
Vancouver-born Sprout Wellness Solutions has been acquired by TELUS Health. The acquisition will enhance TELUS Health’s virtual care offerings and add another leading Canadian digital health solution to their suite of services tailored to address the needs of organizations and their employees. Sprout is a holistic digital health and wellness solution designed to educate, engage […]