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 […]
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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 […]
Copperleaf Lands USD $10 Million Investment from National Grid Partners
Vancouver’s Copperleaf has announced the completion of a USD $10 million strategic investment from National Grid Partners (NGP), the innovation and investment arm of National Grid, one of the world’s largest investor-owned energy companies. Copperleaf will use the capital to fund innovation and growth into new markets and geographies worldwide. One of NGP’s mandates is […]
BroadbandTV Surpasses 575 Million Unique Viewers Per Month
Today, Vancouver-headquartered BroadbandTV (BBTV) unveiled that its video content is viewed by more than 575 million unique viewers each month. According their news release, only Google’s YouTube exceeds BBTV monthly unique viewership. In addition to being second in unique viewership only to Google, BBTV is number one across all media companies in terms of total […]
PocketPills Closes $2 Million Round, Partners with Pacific Blue Cross
Surrey-based PocketPills has closed a $2 million seed financing round led by WaterBridge Ventures and announced a partnership with British Columbia’s leading extended health care benefits provider, Pacific Blue Cross. Funding from the seed round will be used toward the company’s Canada-wide expansion. PocketPills has also announced that it will be fully licensed and operational […]
Canada Invests in Mangrove Technologies’ Clean Water Technology
A strong economy and a clean environment go hand-in-hand. That’s why the Government of Canada is supporting the development of technologies that lead to less pollution, healthier communities and the creation of well-paying middle-class jobs. Today, the Honourable Carla Qualtrough, Minister of Public Services and Procurement and Accessibility, on behalf of the Honourable Navdeep Bains, Minister of […]
Mobile Bike Shop Operator Velofix Rides Off With Funding
Velofix has closed a financing round with MKB Partners Fund LP, a growth equity fund focused on the clean energy, transportation, and smart city sectors. MKB’s investment will help North America’s leading Mobile Bike Shop operator expand their geographic footprint, enhance its technological backbone, scale its marketing efforts and generally support velofix’s growth. Cycling industry […]
PDFTron Secures $95 Million Round Led By Silversmith
Vancouver’s PDFTron Systems has secured a $95 million investment led by Silversmith Capital Partners, a Boston-based growth equity firm. PDFTron’s software development kit (SDK) is used by hundreds of enterprise customers around the world to enable digital transformation initiatives by providing a comprehensive document processing, conversion, and collaboration platform. This investment comes as the company […]