Ballard Power Systems today announced the signing of a letter of intent (LOI) with Ford Trucks to supply a fuel cell system as part of the development of a hydrogen fuel cell powered vehicle prototype. The partnership includes an initial purchase order for 2 FCmove-XD 120 kW fuel cell engines that are planned to be […]
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Niricson Secures $10 Million to Revolutionize Predictive Maintenance for Critical Infrastructure
Victoria’s Niricson has raised a $10 million Series A funding round led by MUUS Climate partners. Founded in 2020, Niricson works with asset owners and managers such as utilities, federal governments, state governments, and engineering consulting companies to help them inspect, manage, and predict the performance of their assets through time. Through Niricson’s technology, clients […]
Ethos Leverages Shopify to Empower Merchants with Web3 Commerce
Ethos is on a mission to accelerate the Canada’s adoption of digital assets such as NFTs by facilitating experiences for brands and their customers. In March, they made it easier than ever to display NFTs on devices. The Vancouver startup followed this up with the launch of Gated Experiences in May. Ethos has a vision to make […]
Maka Health Wants AI to Help Us Live Longer, Perform Better
Embarking on a voyage toward “universal wellness,” a local Vancouver startup is pushing for a revolution in health data management. Founded by a mosaic of technologists and health experts in 2021, Maka Health champions an all-encompassing, digital-forward approach to wellness. Cofounder Michelle Martin describes her company as “connecting the dots between wellbeing, performance, and frontier […]
Victoria Fintech Finds Funding to Advance Digital Payments Platform
In July, the Pacific Economic Development Agency of Canada announced an investment of $8.1 million in funding to help six Greater Victoria organizations boost innovation, drive business growth, and create new jobs and opportunities. The investment included $2.2 million for two companies through PacifiCan’s Business Scale-Up and Productivity program. As part of the Business Scale-Up and Productivity Program, Peloton […]
Konscious Foods Raises $26 Million to Expand Nationwide Distribution of Plant-Based Seafood Brand
Vancouver’s Konscious Foods has raised a $26 million financing round for its plant-based seafood brand. Konscious Foods is the latest creation from founder Yves Potvin, the classically trained French chef and plant-based innovator who created the world’s first veggie hot dog and founded Yves Veggie Cuisine and Gardein. The company offers a range of plant-based […]
Vancouver Island Startup Innovates Composite Materials for Aerospace and More
In July, the Pacific Economic Development Agency of Canada announced an investment of $8.1 million in funding to help six Greater Victoria organizations boost innovation, drive business growth, and create new jobs and opportunities. The investment included $2.2 million for two companies through PacifiCan’s Business Scale-Up and Productivity program. As part of the Business Scale-Up and […]
Five Tech-Forward Firms Advancing Innovation in Vancouver
Canada’s tech workforce grew by a substantial figure during the Pandemic, data from CBRE’s 2023 Scoring Tech Talent report shows. And despite a widespread movement toward working from home, growth still orbits around major innovation hubs such as Vancouver. The annual report, which comprehensively analyzes Canada’s tech talent workforce trends, found that the nation’s workforce […]
TELUS Pollinator Fund Invests in Dryad: Accelerating Ultra-Early Wildfire Detection for Environmental Protection
TELUS Pollinator Fund for Good is making an equity investment into Series A financing of Dryad, a German startup that provides ultra-early wildfire detection. Dryad’s large-scale IoT networks and sensors can detect fires as early as their smoldering phase. This greatly reduces the risk of fires spreading out of control, and can help prevent the escalating costs […]
Batman Producer Lends Expertise for ‘Living’ Comic Book Honouring Stan Lee
Stan Lee, a seminal figure in the comic book world, is known for his creation of iconic superheroes including Captain America, Iron Man, Thor, The Hulk, Captain Marvel, Spider-Man, and many more. Earlier this month, book entertainment company Legible teamed up with Kartoon Studios, holder of the Stan Lee Universe, to breathe new life into […]