Vancouver based Sonic Incytes has completing a seed financing round of over $3.5 million. Sonic Incytes is developing a breakthrough, point of care ultrasound solution for assessing and managing chronic liver disease – an emerging global health crisis, affecting one in four persons worldwide. Investors include Small World Group, Think Top Investments and Sunhope Venture […]
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CTO.ai Launches SlackOps For Remote Development Teams
CTO.ai‘s mission is to make DevOps accessible to the next 40 million developers. And what better place then where collaboration and communication happens. With the future of work accelerating towards remote, the Vancouver startup has launched The Ops Platform in the Slack App Directory so anyone can easily automate a DevOps workflow. As the first […]
Peter Thiel And More Double Down On AbCellera’s COVID-19 Antibody Drugs
AbCellera has raised another round of financing, this time a US $105 million Series B round. The financing was led by OrbiMed and current investor DCVC Bio, with an investor syndicate that includes Viking Global Investors, Peter Thiel, Founders Fund, Eli Lilly and Company, University of Minnesota, and Presight Capital. Earlier this month the Government […]
Beatdapp To Transform Streaming Music Royalty Payouts in India & Japan
Streaming music services’ share of total music revenues is bigger than ever. According to a report from the International Federation of the Phonographic Industry, global music sales grew for the fifth consecutive year to $20.2 billion in 2019 with streaming accounting for more than half of all label revenue for the first time. Highlighting record […]
Cosmic-Ray Muon Pioneer Relaunches As Ideon Technologies
Vancouver startup CRM Geotomography Technologies is getting ready to go to market and will do so under a new name and new leadership. The spin-off from TRIUMF–Canada’s national particle accelerator laboratory located at UBC–is now called Ideon Technologies and Gary Agnew has been named the new CEO. Agnew most recently led the global digital strategy […]
AbCellera Announces Multi-Year Antibody Discovery Collaboration with Eli Lilly
AbCellera has entered into a multi-year agreement with Eli Lilly on the discovery of antibodies for up to nine Lilly-selected therapeutic targets. Under the strategic research licensing agreement, Lilly will have the rights to develop and commercialize therapeutic products resulting from the collaboration. AbCellera and Lilly were in discussions about the agreement in early 2020 […]
Shopify’s ‘Digital By Default’ Declaration Turns Vancouver Office Into Recruitment Hub
Earlier this year Shopify announced that they were making a significant investment in Vancouver, with plans to hire 1,000 employees and open their first permanent office. It was big news for Vancouver. For the six years leading up to 2020, Shopify had been growing their presence in B.C. by supporting hundreds of employees who work […]
CI Financial Completes Acquisition of Robo-Advisor WealthBar
CI Financial now owns 100% of Vancouver-born robo-visor WealthBar Financial Services. The Toronto-based global asset and wealth management company announced today it has increased its ownership of WealthBar to 100% by acquiring the remaining 25% minority interest. CI first acquired a majority stake in WealthBar in January of 2019. The transaction will eventually allow for […]
ARTMS Raises $19 Million For Work On Diagnostic Imaging Isotopes
Vancouver’s ARTMS has raised US$19 million in a Series A financing round led by New York based Deerfield Management Company with continued investment from Vancouver based seed investor Global Health Science (GHS) Fund. ARTMS’s flagship product, the QUANTM Irradiation System® (QIS®), provides for cost-effective, decentralized, and local production of important medical isotopes, such as Gallium-68, Zirconium-89, […]
FORM Swim Goggles To Include Open Water Features This Summer
Vancouver’s FORM Swim is updating their augmented-reality display equipped swim goggles to include open water features this summer. Soon swimmers will be able to view real-time GPS performance metrics and heart rate in real-time while swimming outdoors in open water. These features are in addition to the standard performance metrics offered through the FORM goggles in […]