Each month, Kathleen Reid (Founder + Managing Director at Switchboard Public Relations) connects the dots between the trends, headlines and narratives that are informing the BC tech sector. Following a two-month hiatus, she resumes CTD’s regular monthly schedule by shedding light on BC Tech’s New Economy Report, recent acquisitions by BC’s biggest tech companies, and […]
News
EonLabs’ AI-powered Trading System Outperforms Cryptocurrencies
North Vancouver’s EonLabs has delivered investment returns that most could only dream of. Their system conducts thousands of lightning-fast trades per day, churning through $3 billion in monthly trade volume – generating 530 percent growth since September 2020. “No popular mutual fund or ETF even comes close to that, nor do the vast majority of specialized […]
Federal Government Invests $20 Million Into 10 B.C. Companies To Scale Up
Western Economic Diversification (WD) has announced that 10 B.C. companies will receive support through their Business Scale-up and Productivity (BSP) program to grow these emerging sectors. Spread across clean technology, digital economy, health sciences, and value-added agriculture, local MP Terry Beech announced that the companies will receive almost $21 million. Supporting innovative firms in a […]
Federal Government Launches Economic Development Agency Just For B.C.
The Government of Canada is launching Pacific Economic Development Canada (PacifiCan), a new federal regional economic development agency solely for British Columbia. To be headquartered in Surrey, the new BC focused agency will start with a budget of $553.1 million over five years, starting in 2021-22, and $110.6 million ongoing. As a result, in addition […]
Walt Disney Animation To Open New Vancouver Studio
Walt Disney Animation Studios (WDAS) is opening a new production facility in Vancouver as it ramps up its streaming offerings. Focusing on long-form series like the upcoming musical revisiting of “Moana,” the studio will recruit new talent for its feature-quality slate and special projects meant exclusively for Disney Plus. WDAS President Clark Spencer made the […]
Sustainably-Led Homeware Brand Fable Raises $3.4 Million Seed Round
Vancouver’s Fable, the sustainably produced direct to consumer brand of tablewares, today announced the completion of $3.4 million seed round to fuel continued growth and increased development across several key business verticals. Last year Fable finished third in the New Ventures BC Competition and participated in Techstars Toronto. The round was led by True alongside […]
TELUS Collaborates With Persephone Brewing To Make Canada’s Most Sustainable Beer
Gibson’s Persephone Brewing, Canada’s only farm-based Certified B-Corp brewery, and TELUS Agriculture want British Columbians to toast with Canada’s most sustainable and traceable beer this summer, the Pollinator Pilsner. With an expressed commitment to sustainable brewing and supporting the agriculture industry, Persephone customers can now follow every stage of the Canadian-grown malt barley from the […]
Vancouver’s Arc’teryx Named To 2021 Best Workplaces For Innovators List
Fast Company today announced its third annual Best Workplaces for Innovators list, honoring businesses that demonstrate a deep commitment to encouraging innovation across their entire organization. North Vancouver-headquartered Arc’teryx was included among these top industry players due to a continuous commitment to leading with innovation and placing it at the core of its business and […]
Yaletown Partners Announces Closing of New $200 Million Fund
Yaletown Partners has announced the first close of its $200 million Innovation Growth Fund II (IGF II). IGF II’s capital comes from a diverse group of leading institutional investors, including global pension funds, financial institutions, family offices, foundations, and a network of successful technology entrepreneurs. With the first closing of $130 million, the active Yaletown […]
Hootsuite Acquires Montreal’s Heyday For $60 Million
To kick off 2021 Vancouver tech anchor Hootsuite announced the acquisition of Sparkcentral, a messaging app-focused customer engagement platform that offers virtual agents and automated message distribution. Eight months later, they’re at it again. Hootsuite has acquired Montreal’s Heyday, a conversational AI platform that enables brands to deliver personalized customer experiences through 1:1 messaging conversations. […]