Vancouver’s Sustainable Produce Urban Delivery may prove not-so-sustainable after all. SPUD’s parent company Freshlocal Solutions has filed for creditor protection, according to a statement. “Given the market conditions,” Freshlocal says it was unable to obtain further bridge financing. Freshlocal Solutions was granted an initial order today pursuant to the Companies’ Creditors Arrangement Act by the Supreme […]
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Dapper Labs Makes Top 10 on CNBC Disruptor 50 as NFTs Continue to Flow
Vancouver-based Dapper Labs cracked the top 10 of CNBC’s Disruptor 50 list, an annual ranking of companies “growing and innovating through a challenging market and changed world, while inspiring change among incumbent competitors.” Dapper is the maker of Flow, a blockchain designed for non-fungible tokens, which are tradable assets that track who owns a digital item. […]
CubicFarms’ Indoor Grown Livestock Feed Significantly Reduces Methane Emissions
Building on university research confirming greenhouse gas emission reductions from using its indoor growing technologies, CubicFarms’ HydroGreen’s division has entered into an agreement with Deloitte to develop a carbon commercialization program designed to provide high-quality carbon credits to a fast-growing global market. New research data demonstrates that feeding cows fresh livestock feed grown indoors in […]
BMW and Bill Gates Back Vancouver’s Mangrove Lithium
Vancouver’s Mangrove Lithium has closed a new investment round led by BMW i Ventures (BiV) and joined by returning investor Breakthrough Energy Ventures. This round brings the total funds raised by Mangrove’s executive team to USD $25 million. Late last year Mangrove Lithium announced they had raised a USD $10 million USD Series A investment […]
Rhino Ventures Invests In Creator Platform Backed By Game Of Thrones Star
Contact has raised £3 million in a funding round backed led by Vancouver’s Rhino Ventures and including Game of Thrones star Maisie Williams. The London, UK-based startup helps creatives such as models and photographers access job opportunities. Contact will use the seed capital to develop product features and for expanding the platform to different creative […]
Dr. Sean Lumb Helps Turn Research into Ventures at UBC
The University of British Columbia announced recently that Dr. Sean Lumb will take on an interim leadership role for its startup venture program program. Effective May 18, Dr. Lumb will be taking over administrative leadership of entrepreneurship@UBC. He replaces outgoing Managing Director Kari LaMotte, who served in her role for four years. Dr. Lumb, both […]
Vancouver Event Space First in Canada to Accept Cryptocurrency
An event centre in Vancouver is set to become the first venue in Canada to accept cryptocurrency for table services when it does so this coming Victoria Day long weekend. Ensō is on a “mission of innovation,” according to the Daily Hive, who spoke with CEO Stanley Ho about his company’s announcement. “Our team has […]
Animal Logic To Open New Studio In Mount Pleasant, Create 300 New Jobs
Animal Logic is recognized as one of the world’s leading independent creative digital studios, producing award winning design, visual effects and animation for over 30 years. The Australian animation and visual effects studio announced today that it will double their workforce in Vancouver and expand its local presence with new space in the Mount Pleasant […]
Spare Labs Collaborates with Lyft to Reimagine How Transit Fleets Handle Surge
Spare Labs, maker of a transit and mobility management platform, announced today a partnership with Lyft. The partnership will help transit agencies cost-effectively provide their passengers with reliable and responsive transportation in the face of fluctuating demand, according to Vancouver-based Spare Labs, which last year raised $18 million to further develop their platform. “This innovative integration […]
Chip Wilson Names Dr. Eva Chin as Executive Director of Solve FSHD
Following SOLVE FSHD’s recent launch, the organization announced the appointment of Dr. Eva Chin as Executive Director. SOLVE FSHD’s Founder, Chip Wilson of Lululemon fame, has committed US$100 million to find a cure for facioscapulohumeral muscular dystrophy, a disease he was diagnosed with at the age of 32. As inaugural Executive Director for SOLVE FSHD, Dr. Chin will be […]