Burnaby’s Loop Energy is going public on the TSX with plans for raise $100 million in the process. Loop Energy provides zero-emission power systems for heavy-duty transportation applications. Loop works with vehicle manufacturers to design and deliver carbon-free motive solutions using both electric and hydrogen fuel cell technologies. Loop sells and services two categories of […]
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Li Ka-shing-backed WELL Health To Buy CRH Medical For Nearly $300 Million
WELL Health Technologies announced this morning that it is acquiring CRH Medical Corporation for USD $292.7 million. Vancouver-headquartered CRH Medical is focused on providing gastroenterologists throughout the United States with innovative services and products for the treatment of gastrointestinal diseases. The acquisition will significantly boost WELL’s revenues, cash flow, and EBITDA profile, while marking WELL’s […]
Kelowna’s EstateBox Is A Finalist For Women In Fintech Grant
Despite the grim statistics, with less than 5% of fintech companies having a female founder, Canadian womxn are building the next wave of fintech companies that are making finance more inclusive and accessible for all. To support these trailblazers, PR Communications firm Talk Shop launched a $30,000 Women in Fintech Grant late last year. Delivered […]
Routific Launches Shop Local To Support Vancouver Small Business
Vancouver’s Routific makes software for local delivery businesses and is powering over 4 million deliveries per month. Routific’s route optimization and delivery management platform is built especially for local delivery businesses. There’s been a growing movement to buy from local businesses rather than Amazon and Walmart, and this movement has been heightened during the COVID-19 […]
UpMeals Raises $800K To Expand Its Proprietary Meal Vending Software
Vancouver’s UpMeals has raised a $800,000 seed round for the first smart vending meal solution in B.C. UpMeals delivers healthy, custom meals created by professional chefs and registered holistic nutritionists in individual, sustainably-packaged meals specifically tailored to each organization’s needs. Meals are available 24/7 through innovative touch screen SmartVending machines. This concept is the brainchild of […]
Seattle’s Rad Power Bikes Raises $150 Million For Electric Bikes
Seattle’s Rad Power Bikes has raised a USD $150 million funding round from a prestigious group of investors including Morgan Stanley, Fidelity, and Vulcan Capital. Rad Power Bikes is the largest direct-to-consumer electric bike brand in North America with more than 200,000 owners across 30 countries and a full lineup of ebikes for both personal and […]
Digital Technology Supercluster Funds Telewound Care Canada Initiative
In Canada, 30 to 50 per cent of all health care involves a wound. With the pandemic, older, comorbid patients at the highest risk for wounds are also at the greatest risk of COVID-19 complications. While public health measures have helped to limit the spread of the virus, many wound patients can experience greater difficulty […]
Nexii Raises $33 Million For Sustainably Built Starbucks Drive-Thrus
Green construction technology company Nexii has raised $33 million in its fourth round of funding. Nexii is committed to tackling the global environmental crisis by accelerating the supply of more sustainable and durable buildings. The company’s innovative green technologies allow for the rapid development of sustainable, cost-efficient, durable and disaster-resilient buildings. The funds will be […]
Vancouver’s ThisFish wins THRIVE Canada Challenge Agtech Award
Vancouver’s ThisFish has won the virtual THRIVE Canada Challenge, taking home top billing in the agtech startup category. The THRIVE Canada Challenge solves problems of the Canadian agrifood industry, accelerates the development of the ecosystem, and selects the best startups and scale-ups for investment and global recognition. The developer of seafood traceability software is no […]
Precision NanoSystems Receives $25 Million To Build RNA Medicine Biomanufacturing Centre
Vancouver’s Precision NanoSystems announced today that it has received a contribution of $25.1 million through the Strategic Innovation Fund (SIF). This contribution will support a $50.2-million project to establish a biomanufacturing centre in Vancouver dedicated to the production of ribonucleic acid (RNA) lipid nanoparticle vaccines and genetic medicines. The centre will support the Government of Canada’s national biomanufacturing strategy to […]