Nano One has entered into a Joint Development Agreement (JDA) with a multi-billion-dollar Asian cathode material producer. According to Dan Blondal, CEO of Nano One, this producer, based outside of China, wishes to remain unnamed at present due to the highly competitive state of the lithium ion battery supply chain. Nano One has developed, patented […]
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Dapper Labs Raises $12 Million From NBA Stars & More
Dapper Labs has closed a $12 million funding round led by NBA stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple. The funds will be used for further development of blockchain games including the eventual launch of NBA Top Shot out of private beta. Other new investors in this round include Coinbase […]
Ag-tech Investor Ospraie Increases Ownership Stake In CubicFarms
Ospraie Ag Science has increased its ownership stake in CubicFarms. Ospraie paid $5.25 million to purchase 7.5 million additional common shares in the publicly traded company. Before the Transaction, Ospraie owned approximately 18.9% of the company on a non-diluted basis. Ospraie now owns almost 30 million common shares of CubicFarms, representing just over 25% of […]
Digital Technology Supercluster Completes $60 Million Investment in COVID-19 Program
The Digital Technology Supercluster has announced the completion of its $60 million investment in the COVID-19 Program, launched in April to contribute to Canada’s Plan to Mobilize Industry to fight COVID-19. The fifteen projects announced round out the Program which addresses the biggest challenges presented by COVID-19. Members are addressing the diagnosis and treatment of […]
Plurilock Receives Funding For Passwordless Authentication Technology
Victoria’s Plurilock is receiving advisory services and $120,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) for a research and development project. The funding will support Plurilock’s passwordless authentication initiative, which is designed to enable users to log in to computing environments and systems without having to perform […]
Alaska Airlines Welcomes PressReader To Lounges With Partnership
Alaska Airlines, the fifth-largest US airline based on passenger traffic, has partnered with Vancouver’s PressReader to bring global content to all Alaska Lounges across the U.S. PressReader provides the largest all-you-can-read platform of newspapers and magazines where people can discover relevant and trusted content from anywhere in the world. Eligible guests at Alaska Lounges will benefit […]
Supercluster Delivers For Food-X’s eGrocery Management Solution
The Digital Technology Supercluster is providing Food-X Technologies with an additional $2.6 million to enhance its eGrocery Management Solution (eGMS) for retailers to scale safe food delivery. This new funding is ten times the initial amount raised for a feasibility study announced in April, allowing Food-X to continue leading the collaboration of prominent companies, including […]
Burnaby’s Coastal Genomics Acquired By Yourgene For $17.8 Million
Burnaby’s Coastal Genomics has been acquired by UK-based Yourgene Health for up to USD $13.5 million. According to GenomeWeb, Yourgene plans to pay an initial $3 million in cash and $2.5 million in equity, and a contingent consideration of up to $8 million in cash and equity. Coastal Genomics has developed “Ranger Technology”, which automates […]
LlamaZOO Signs Historic Deal With First Nation For Territory Mapping
Victoria’s LlamaZOO, a leader in data visualization tools in the mining, oil and gas, and forestry industries, has signed a partnership with Mowachaht/Muchalaht First Nation that will enable them to become the first-ever First Nation in Canada to use digital twinning software technology for improving land management and stewardship. Leveraging LlamaZOO’s TimberOps software, Mowachaht/Muchalaht will […]
AbCellera’s Antibody Progresses to Phase 3 Clinical Trials
AbCellera has announced that LY-CoV555, a human antibody discovered by AbCellera in collaboration with the National Institute of Allergy and Infectious Diseases (NIAID) Vaccine Research Center (VRC) and co-developed with Lilly as a potential treatment and prophylaxis for COVID-19, has progressed to Phase 3 clinical trials. A first-of-its-kind, the Lilly-sponsored trial will use customized mobile […]