Vancouver’s ElectraMeccanica has established a wholly-owned subsidiary in China to work closely with their vehicle manufacturer. ElectraMeccanica’s flagship vehicle is the innovative purpose built SOLO, a single-seat electric vehicle. The new subsidiary, EMV Automotive Technology, will help the company navigate the vast Chinese market, while assisting ElectraMeccanica in increasing the efficiency and effectiveness of quality […]
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Blockchain Music Startup Beatdapp Raises $3.2 Million and Adds Stephen Harper to Board
Vancouver’s Beatdapp Software has completed a $3.2 million financing round led by Panache Ventures. Beatdapp Software provides a real-time audited play count for song usage across streaming platforms. This allows music labels to accurately collect music royalties due. According to Betakit, the $3.2 million combines both pre-seed and seed rounds, which included non-dilutive funding the […]
Two Vancouver Startups Named Among Canada’s Most Innovative Tech Companies
Breather, Clearbanc, Clio, Drop, Rubikloud, Vidyard, and Wealthsimple have collectively raised $1.2 billion since being founded. What do those seven companies have in common? The were all named to the Canadian Innovation Exchange’s Top 20 program. The CIX Top 20 program is Canada’s largest national showcase of the hottest and most innovative tech companies. Hundreds […]
B.C. Startup Gets $5 Million from JAY-Z for Compostable Phone Case
Kelowna’s Pela, maker of world’s first compostable phone case, has closed a $5 million funding round of funding. Marcy Venture Partners (MVP), the consumer focused VC fund co-founded by JAY-Z, Jay Brown, and Larry Marcus led the round with Toronto-based Kensington Capital. Pela was founded in 2011 by environmental consultant, Jeremy Lang after a family […]
Growth on Grammarly’s Mind as it Raises $90 Million
On the heels of their announcement of opening of a new office in Vancouver, Grammarly, the company behind the AI-powered digital writing assistant used by more than 20 million people daily, today announced it has received $90 million in its latest round of funding. CEO Brad Hoover said the fresh capital, which brings Grammarly’s total […]
Cascadia Champion Voyager Capital Raises $100 Million in Fifth Fund
Voyager Capital has raised $100 million to fuel innovation in the Cascadia market. The fund, Voyager’s fifth, will power first-round investments in B2B startups across cloud infrastructure, software as a service (SaaS), and vertical markets such as FinTech, MediaTech, and AgTech. The firm has already closed five new investments. The West Coast venture capital firm […]
Anandia Opens State-of-the-Art Cannabis Testing HQ in Vancouver
Anandia Laboratories opened a new state-of-the-art cannabis testing headquarters in Vancouver today. Voted the Top Testing Lab at the 2017 Canadian Cannabis Awards, Anandia provides the full suite of testing services required under Canada’s Cannabis Act for licensed production of cannabis, and also develops and offers a number of other tools that may be used […]
Rise People Partners with Planswell to Boost Employee Financial Wellness
Rise People has announced a strategic partnership with Planswell, a fintech startup that creates no-cost, intelligent financial plans to help people align their investments, insurance, and mortgage needs with their personal goals. The partnership will allow Rise to expand its employee health and wellness offering to help companies build better, more engaging workplaces. With Planswell, […]
Tiny Capital Acquires Open Source Platform Meteor From Apollo
Victoria’s Tiny Capital has acquired Meteor, a popular open source app and development platform overseen by San Francisco’s Apollo. Using a single codebase, Meteor’s JavaScript App Platform radically simplifies coding for developers building reactive, multi-device experiences for servers, browsers, and mobile devices. “I’m grateful to welcome the Tiny team as the new corporate stewards of the […]
T&T Supermarket Now Accepting Alipay and WeChat Pay
T&T Supermarket now accepts mobile-based payment platforms Alipay and WeChat Pay thanks to Richmond fintech AlphaPay. AlphaPay today announced the national integration of its mobile payment technology into Canada’s largest Asian supermarket chain. The integration will enable T&T’s 27 locations to better serve the growing Asian consumer demographic and provide the most convenient payment method […]