Metro Vancouver’s economic development agency recently released a reporting profiling the innovation ecosystem of the region. In the report, Invest Vancouver identified more than a dozen accelerator-style organizations operating in the broader Vancouver area. The report defines an Accelerator as organization that “offers programs to give developing companies access to mentorship, investors, and other support […]
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Fresh Prep and Cronometer Add AI to Recipe With New CFIN Funding
The startup ecosystem within British Columbia is renowned for its work in sustainability across sectors. And since we all have to eat, one of the most important areas to manage and optimize resources is in food production and related industries. That is why the Canadian Food Innovation Network is awarding more than $650,000 to eight […]
Robot Coworker ‘Phoenix’ Stands Tall in TIME List of Best Inventions
In May, a Vancouver-based technology company unveiled its sixth-generation robot, Phoenix. Sanctuary, bent on developing human-like intelligence in general-purpose robots since 2018, powers Phoenix through Carbon, an AI control system that is designed to give the robot a human-like intelligence. “We designed Phoenix to be the most sensor-rich and physically capable humanoid ever built and […]
Vancouver’s Damon Motorcycles To List on NASDAQ
Vancouver’s Damon Motors will soon be a publicly traded company thanks to a reverse merger. The maker of the award winning HyperSport electric motorcycle has signed a definitive agreement with Inpixon (NASDAQ: INPX) to complete a business combination with a proposed spin-off entity of Inpixon, Grafiti Holding Inc. Damon has received more than USD $70 […]
BC’s Integrated Marketplace Initiative Expands with Federal Funding
As part of the StrongerBC Economic Plan, the Integrated Marketplace Initiative kicked off last year with a pilot project linking Vancouver International Airport to B.C. clean-technology companies to help electrify operations and perhaps even become the world͛s greenest airport. This month, an additional $10 million of funding through the Pacific Economic Development Agency of Canada […]
Victoria’s Peloton Acquires KIS to Grow Payments Platform in Canada
A financial technology firm based on Vancouver Island announced an acquisition this week. Victoria-born Peloton Technologies, whose mission is to simplify payments, says it has acquired KIS Payments, a Canadian payments processor. The acquisition evolved from KIS’ involvement in Peloton’s partner program, according to Craig Attiwill, who cofounded Peloton alongside Phil Leitch. Seeking company growth, […]
Sold-Out Return of Charitable Impact’s TechPong Showcases Vancouver’s Spirit of Generosity
After a three-year hiatus, TechPong’s boisterous return yesterday evening proved that the spirit of generosity is stronger than ever within Vancouver’s tech community. With more than a thousand people in attendance and a record-setting 30 event sponsors (including Techcouver), the fundraising ping-pong tournament and party hosted by Charitable Impact provided an inspiring example of the […]
With Shares Down 98%, Battered Tech Firm Goes Private
Things were different a few years ago. In 2020, one of Vancouver tech’s most successful female entrepreneurs, Shahrzad Rafati, was preparing to take her darling BroadbandTV public on the Toronto Stock Exchange. Her aim then? To buy out German media giant Bertelsmann, which had acquired a controlling interest of BBTV from Rafati in 2013 for […]
J.P. Morgan Payments Selects Trulioo to Power Global Identity Verification Services
Vancouver’s Trulioo announced today that J.P. Morgan Payments has selected their global identity platform to help J.P. Morgan Payments clients combat fraud and other financial crimes. As part of the agreement, J.P. Morgan Payments will leverage Trulioo services for global person and business verification to support a simplified, frictionless payments experience worldwide. “Trulioo is a […]
CICE Invests $2.82 Million in Carbon Emission Measurement, Monitoring, and Verification Innovations
This morning the B.C. Centre for Innovation and Clean Energy (CICE) announced the allocation of $2.82 million in non-dilutive funding for B.C. companies that support the measurement, monitoring, and verification (MMV) of carbon emission reduction, removal and avoidance. Through this investment CICE is supporting the commercialization of MMV solutions which are vital to assessing carbon […]