Vancouver’s Canalyst announced today that it has closed a $20 million Series B financing led by an unnamed strategic investor with participation from ScaleUP Ventures and existing investors including Vanedge Capital. Conceived by a former Fidelity analyst, Canalyst is an independent provider of fundamental models to institutional investors. The firm now serves many of the […]
News
Five B.C. Companies Named to Global Cleantech 100
Canadian cleantech companies are making their mark on the world stage with 12 companies being named to the prestigious Global Cleantech 100 list at the Cleantech Forum in San Francisco. This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada. But the […]
Digital Technology Supercluster Announces $25 Million for 14 New Projects
Digital Technology Supercluster CEO Sue Paish kicked off a media event this morning at Terramera’s office in Vancouver with tech champion the Honourable Navdeep Bains, Minister of Innovation, Science and Industry. Minister Bains announced 14 new projects with a total investment of $25 million; eight focused on talent development for the digital economy, six in […]
ePACT Banks $2.5 Million from CIBC Innovation Banking
Vancouver’s ePACT Network has secured a $2.5 million growth capital financing round from CIBC Innovation Banking. According to funding announcement, the debt capital complements a recent Series A equity raise co-led by Disruption Ventures and Yaletown Partners. Launched in 2012, ePACT is an online emergency preparedness network allowing users to build support networks, securely store […]
BuildDirect Co-founder Jeff Booth Releases First Book
BuildDirect co-founder and Vancouver entrepreneur Jeff Booth has released of his first book titled The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future. In a sweeping analysis that draws upon economics, science, innovation, politics, psychology, sociology, and business, Booth offers an intriguing thesis predicated on the deflationary impact of technological advances […]
Elastic Path Acquires Fellow Commerce Technology Leader Moltin
Vancouver’s Elastic Path has acquired fellow commerce technology leader Moltin. Moltin’s employees have joined Elastic Path, including engineering, customer support, sales, marketing, and operations. Elastic Path will also maintain Moltin’s U.S. and U.K. offices in Boston and Newcastle. The acquisition comes as global demand grows for extensible, flexible, and scalable enterprise commerce solutions and bolsters […]
APOLLO Partners with Navacord for Digital Insurance
APOLLO has partnered with Navacord, a leading Canadian insurance and risk management brokerage to provide innovative products and technology to its more than 900 insurance professionals across Canada. Navacord will begin to utilize the APOLLO Exchange technology platform that enables brokers to instantly transact insurance online. “Navacord is broker-focused, forward thinking, with a strong entrepreneurial […]
Bootstrapped ToursByLocals Secures $33 Million Investment
Vancouver’s ToursByLocals announced today it has secured a $33 million investment from Austin, Texas-based investment firm Tritium Partners. Founded in 2008, TourByLocals has bootstrapped itself to become the world’s leading online marketplace for private tours. Tritium is an investor in RVshare, and its founders previously led investments in vacation rental giant HomeAway. ToursByLocals will use the investment to […]
Aspect Biosystems Raises $20 Million for 3D Printing of Human Tissue
Vancouver’s Aspect Biosystems today announced a US $20 million Series A financing round led by Radical Ventures with participation from investors Pangaea Ventures, Pallasite Ventures, and Rhino Ventures. Aspect is a biotechnology company pioneering microfluidic 3D bioprinting of human tissues and will use this capital to advance multiple tissue therapeutic programs, expand its technology platform […]
Fusion Genomics Receives $1 Million for Clinical Study
Vancouver’s Fusion Genomics has been awarded a one-year, $1 million grant to evaluate novel genomic diagnostics platform in collaboration with Sunnybrook Research Institute. The one-year project will evaluate the ability of ONETest, a highly sensitive, cost-effective next-generating sequencing (NGS)-based assay for infectious disease diagnosis, to identify pathogens responsible for respiratory tract infections (RTI) in a […]