Langley’s CubicFarms reported its first quarter financial and operating results today and they’re impressive. “This is our strongest quarter to date, with more than $3.9 million in revenue in the first quarter of the year, along with signing new customer orders for 42 modules of our indoor growing technologies,” said Tim Fernback, CFO, CubicFarms. “Our total sales and deposits […]
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San Francisco’s Dialpad To Grow Headcount In Vancouver
San Francisco’s Dialpad is expanding its employee presence in Vancouver. With offices in Kitchener-Waterloo and Vancouver, Dialpad has over 160 full-time employees in Canada, accounting for more than 20% of their workforce. “It’s been a year of tremendous growth for Dialpad, including the acquisition of Highfive, securing $126M in Series-E funding and expanding our overall […]
Pay Your Rent With Bitcoin Thanks To Vancouver’s liv.rent
Eleven years ago Laszlo Hanyecz bought two large Papa John pizzas for 10,000 bitcoin. Now he can pay his rent. Vancouver fintech startup liv.rent has added bitcoin as a form of payment, allowing tenants to pay their rent with cryptocurrency while the landlord receives fiat currency. By facilitating rental payments made in bitcoin, liv.rent is offering […]
Victoria’s Defined Raises $2.5 Million Round From Version One & Tiny Capital
Victoria’s Defined has closed a $2.5 million seed round from a group of investors that includes B.C.’s Version One Ventures, Tiny Capital, and angel Rasool Rayani. Also participating in the round were Compound, Capital6 Eagle, Kamunting Street Capital, Mark Cuban, Inflection Ventures, Portico Ventures, and Balaji Srinivasan. Defined is a data platform for the open […]
Parliamentary Secretary for Technology & Innovation Brenda Bailey Confirms PNP Tech Stream Now Permanent
The Government of British Columbia has made the Provincial Nominee Program (PNP) Tech Pilot permanent, says Parliamentary Secretary for Technology and Innovation Brenda Bailey. Bailey confirmed the move during a Vancouver Startup Week panel titled the State of the BC Tech Sector this morning. The move follows calls from members of the province’s tech sector […]
Connecting The Dots: May 2021
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. This month, she sheds light on how Launch Academy, entrepreneurship@UBC and Vancouver Startup Week made May a month to remember for the province’s next generation of innovators. […]
Hootsuite Is Shutting Down The Entire Company For A Full Week
The pandemic reminded us all how important mental health is. In 2020, as the pandemic surged across the globe, everyone went home. In-person interactions were cancelled, each to be replaced by a digital counterpart. But with increased time spent in hyper-digital spheres, we also saw a rise in depression, anxiety, loneliness, and uncertainty. Vancouver’s Hootsuite […]
Nexii Builds Popeyes Restaurant In B.C. In Less Than Two Weeks
Vancouver green construction technology company Nexii Building Solutions has partnered with fast-food chain Popeyes to deliver its latest Canadian restaurant. Nexii constructed the new restaurant in Abbotsford in less than two weeks, supporting the Popeyes brand’s rapid growth and expansion in Canada. The new restaurant is the brand’s first location constructed using building materials and […]
SDTC Awards $17.2 Million To Three B.C. Cleantech Companies
Sustainable Development Technology Canada (SDTC) has awarded $44.3 million in funding to 11 Canadian cleantech companies, including three from B.C., to help Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions. Together with the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, SDTC announced $17.2 million in funding to to […]
Hydra Energy Raises $15 Million To Convert Heavy-Duty Trucks to Run on Green Hydrogen
As more North American commercial fleets look to reduce tailpipe emissions and fuel costs, Delta’s Hydra Energy has secured $15 million from Just Business to expand beyond pilots and deliver hydrogen-powered trucking today. This funding is to support the further development of Hydra’s initial waste hydrogen capture plant in British Columbia, its fuelling infrastructure, and […]