TIMIA Capital’s “frictionless SaaS financing” promises to allow entrepreneurs to grow their business without giving up control. Founder-friendly capital is becoming more common and popular thanks to creative specialty finance companies and, more recently, media darlings like Toronto’s Clearbanc who are offering non-dilutive, revenue-share agreements to fund startup growth. TIMIA is an early pioneer of […]
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Lendesk Launches Purpose-Built Mobile Application for Brokers
Vancouver’s Lendesk has launched the Lendesk Spotlight mobile application, a first of its kind, purpose-built tool for Canada’s mortgage industry professionals. This launch comes on the heels of Lendesk’s acquisition of LenderSpotlight late last year and the now complete integration of LenderSpotlight into Lendesk’s existing platform. Leveraging Lendesk’s core desktop functionalities, including Spotlight Search (Product Pricing […]
Damon Motorcycles Wins CES 2020 Innovation Award for Hypersport
Damon Motorcycles‘ flagship Hypersport electric motorcycle has won a CES 2020 “Best in Innovation” award for its cutting-edge technology designed to make motorcycling safer and smarter than ever before. The annual CES innovation Awards Program honors outstanding design and engineering in a multitude of consumer technology product categories and distinguishes the highest rated in each […]
Damon Motorcycles Partners with BlackBerry on Electric Superbike
Vancouver’s Damon Motorcycles announced today that its CoPilot™ advanced warning system will be powered by BlackBerry QNX technology across its entire line-up of advanced electric motorcycles. As part of the agreement, Damon has licensed BlackBerry QNX technology, including its real-time operating system to serve as the foundation for the Damon CoPilot warning system on its new […]
Ionomr Raises $3 Million for Carbon Free Emission Vehicles and Energy Storage
Vancouver’s Ionomr Innovations has raised $3 million in seed financing to advance the development, production and market expansion of its ion-exchange membranes and polymer products. Founded in 2017 to commercialize a major performance breakthrough from polymer research undertaken at SFU, Ionomr is a developer of ion-exchange membrane and polymer solutions used in power sources of […]
Direct-to-Consumer DNA Tests Not a Reliable Predictor of Health
The global Direct-to-Consumer genetic testing market was valued at over $1 billion in 2018 and is expected to grow to over $3 billion in 2025. Thousands of people will be ‘giving the gift of health’ to friends and family this holiday season in the form of a low-cost DNA test. Unfortunately DNA testing is an inexact […]
Share Now, Formerly Car2Go, to End Service in Vancouver
Popular Vancouver car-sharing service Share Now, formerly known as Car2Go, is shutting down across North America. The joint venture between Daimler and BMW announced today that it will exit the North American market and shut down in London, Brussels, and Florence. This decision was made based on two extremely complicated realities. The first being the […]
Singular Software to Unveil AI-Powered Digital Hearing App at CES
Vancouver’s Singular Hearing will unveil its AI-powered hearing app, HeardThat, at CES 2020 in January. Singular Hearing is a subsidiary of Singular Software, a developer of progressive audio technology solutions and a Top10 company in this year’s New Ventures BC Competition. Harnessing the power of machine learning, HeardThat turns a smartphone into a futuristic hearing […]
The SpaceX Moment for Fusion: General Fusion to Build Demonstration Plant
General Fusion announced today that it has successfully closed USD $65 million of Series E equity financing. The financing was led by Temasek, a global investment company headquartered in Singapore. This funding round together with the release of CAD $50 million in additional investment from Canada’s Strategic Innovation Fund enables the company to formally launch […]
QuadrigaCX Investors Request Exhumation to Confirm Founder’s Death
One year after the death of QuadrigaCX founder Gerald Cotten, lawyers representing users of the cryptocurrency trading platform have asked the RCMP to exhume the body to make sure it’s him. Cotten died on December 9, 2018 while travelling in India. A death certificate was issued by the local Indian municipality as well as a […]