Victoria fintech startup DivDot has raised $500,000 in an oversubscribed pre-seed funding round co-led by Sprout Fund, WUTIF Capital, E-Fund, Hello Ventures and local angels. DivDot is a payment processing provider that enables businesses to securely send and receive no-limit payments for a flat fee. With DivDot, companies can collect payment from customers, pay suppliers, […]
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SFU Entrepreneurs Crowned With Coast Capital Savings Venture Prizes
The Coast Capital Savings Venture Prize celebrates innovative ideas and entrepreneurial pursuits from the Simon Fraser University community. Open to early-stage business ventures founded by SFU students from undergraduate, graduate and professional programs, as well as by staff, faculty, and recent alumni, competitors are judged by a panel of industry experts on the quality of […]
Vancouver Startup To Revolutionize Electrical Plug With Magnetic Design
Vancouver’s VoltSafe wants to redefine the way the world connects to electricity with the very first prong-less magnetic electrical plug. The startup’s prong-less plug is so innovative, there have been no certification standards that have existed for it, until now. VoltSafe’s patented technology creates a safer, simpler, and smarter alternative to the traditional pronged plug. […]
Supercluster Funds More COVID-19 Recovery Projects In B.C.
The Digital Technology Supercluster continues to collaborate with companies from across Canada to develop, deploy and scale innovative technologies to support Canadians safely return to work. In April, the Vancouver-based Supercluster announced that they would commit $60 million to the biggest health and safety problems created by the COVID-19 crisis. The Supercluster has announced eight […]
Chinook Therapeutics Merges With Nasdaq-Traded Aduro Biotech
Vancouver’s Chinook Therapeutics announced today that they are merging with Nasdaq-traded Aduro Biotech. Chinook is a privately held clinical-stage biotechnology company focused on the discovery, development and commercialization of precision medicines for kidney diseases. Last year Chinook raised a $65 million Series A round led by founding investor Versant Ventures. Under the merger agreement, Seattle-based […]
Rogers To Hire 350 In Kelowna For New Customer Solution Centre
Rogers Communications announced today it has started hiring for its new B.C. customer solution centre in Kelowna, bringing 350 new jobs into the local economy by 2021. With the company’s priorities continuing to be the safety and well-being of all team members, all positions will be work from home until the new centre in Kelowna […]
Richmond’s bioLytical Receives Funding To Develop 1-Minute COVID-19 Test
Richmond’s bioLytical Laboratories is receiving funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to develop a one-minute test for antibodies to SARS-CoV-2, the virus that causes Coronavirus disease. The new INSTI COVID-19 Antibody Test is being developed on bioLytical’s proprietary INSTI platform, a testing technology that detects antibodies within 1-minute […]
Eli Lilly Starts First Human Trials of AbCellera’s COVID-19 Treatment
AbCellera today announced that LY-CoV555, the lead antibody from the collaboration between AbCellera and Eli Lilly, has entered into human testing for the potential treatment of COVID-19. LY-CoV555 is developed from a fully human monoclonal antibody identified from the first blood sample obtained from a North American patient who recovered from COVID-19. Developed at record […]
Digital Health Startup Curatio Raises Series A Round Led By Rhino Ventures
Vancouver’s Curatio has raised a Series A round led by Vancouver’s Rhino Ventures with participation from Conexus Venture Capital Fund. The amount of funding has not been disclosed. Curatio is a digital health company that has developed the world’s first social health prescription to tackle loneliness and isolation. Used in over 85 countries and available […]
Turo To Roll Out Peer-to-Peer Car Sharing in B.C.
With the exit of Car2Go from the Vancouver car sharing market, Turo’s timing couldn’t be much better. B.C. will soon welcome a global leader of the car sharing industry. Turo, the world’s largest peer-to-peer car sharing platform, has secured the required insurance coverage from ICBC it needs to operate in the province. Turo allows private […]