Burnaby’s Creation Technologies has been acquired by private investment firm Lindsay Goldberg from Birch Hill Equity Partners and other equity holders. Founded in 1991, Creation employs approximately 3,000 people across the USA, Canada, Mexico and China. Creation provides its original equipment manufacturer (OEM) customers with product development and engineering, rapid prototyping, design for supply chain, […]
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Vancouver Founder Fund Rebrands As Rhino Ventures
Four years ago, Fraser Hall and Dan Eisenhardt started Vancouver Founder Fund (VFF) with one goal: to be the funders they wished they had had as founders. The Vancouver Founder Fund name came from Hall and Eisenhardt wanting to pay homage to the city in which they built their previous company, Recon Instruments. They set […]
Snapchat and BBTV Partner to Bring New Creator Shows to Life
Vancouver’s BroadbandTV (BBTV) has a new partnership with Snapchat. The deal will see two of BBTV’s content owners, Chris Staples and Sheamus, take part in Snapchat’s new Creator Shows program, first-person, personality driven Shows in regularly published and consistent formats. Like all Shows on Snapchat, each episode will average three to five minutes in length […]
Andrew Reid at it Again as Rival Raises over $8.5 Million
Vancouver’s Rival Technologies announced today that it has raised over $8.5 million from Canadian investors. The new funding, which was double its venture-capital funding target, will be used to continue developing the company’s Chat Lab platform and expanding Reach3 Insights, Rival’s sister company under parent Reid Campbell Group. Rival Technologies and Reach3 Insights were founded […]
City of Vancouver Approves Pacific Centre Apple Store Development
A development application for a Vancouver Apple flagship store on the site of the existing CF Pacific Centre glass rotunda has been approved. According to Business in Vancouver, the City of Vancouver’s Development Permit Board passed a proposal to replace the glass rotunda at 701 West Georgia Street — the northeast corner of the intersection […]
Recon’s Dan Eisenhardt Launches Augmented Reality Swim Goggles
Vancouver has new player in the wearable tech pool. Sports technology startup Form Swim has developed a pair of swim goggles that allow athletes to view performance metrics underwater while competing. The goggles use a see-through augmented reality display that can show you how you are doing in a timed race in real time. Developed […]
Canadian Government Invests $25 Million in Carbon Engineering
The Government of Canada has invested $25 million in Squamish’s Carbon Engineering, a clean energy company that specializes in technologies that capture and reuse carbon dioxide. The investment highlights Canada’s support for cleantech innovations and the government’s commitment to deploy technologies supporting a low carbon economy. The announcement was made by Jonathon Wilkinson, Minister of […]
Inventys Completes its US $26 Million Series C Financing
Inventys today announced that it has formally closed on an investment of US $10 million from OGCI Climate Investments and BDC Cleantech Practice as well as an additional follow-on investment from existing shareholders Husky Energy, The Roda Group and Chevron Technology Ventures. This brings total proceeds received under the Series C Financing to US $26 […]
Procurify Raises $26 Million Series B Round
Vancouver’s Procurify announced today that it has closed $26 million in a Series B funding round. The Series B round was led by Toronto-based Information Venture Partners and saw participation from BC Tech Fund managed by Kensington Capital, HarbourVest Partners, Manulife, as well as return investor Palo Alto-based Runa Capital. Founded by CEO Aman Mann, […]
Traction Guest Raises $17 Million Series A led by Bessemer Venture Partners
Vancouver’s Traction Guest announced today the completion of a $17 million Series A financing round, led by Bessemer Venture Partners with participation from existing investor Salesforce Ventures. The funding will further accelerate the company’s expansion that follows year-over-year rapid revenue and employee growth of over 200%. Traction Guest is a cloud-based visitor management solution that […]