Vancouver startup Codezero has raised a $3.5 million seed funding round led by Ballistic Ventures, a venture capital firm dedicated exclusively to funding entrepreneurs and innovations in cybersecurity. This investment marks a significant leap forward in Codezero’s mission to reimagine multi-cloud, collaborative microservices development. With the new capital, Codezero is set to grow its sales […]
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Mogo Launches Next Gen of Moka Platform to Power Wealth Through AI
Mogo this week announced the next generation of its wealth-building app, Moka. The Vancouver-based digital wealth and payments business unveiled Moka.ai, equipped with “significant updates and enhancements designed to help the next generation of Canadians get on a real path to becoming millionaires and achieving financial freedom.” David Feller, founder and chief executive officer of Mogo, […]
VoPay Unveils Collaboration as Company Brings Financial Tech to US
A Vancouver-based provider of embedded financial technology solutions this week announced a partnership with fellow fintech Cross River Bank. VoPay will work with Cross River on its expansion into the U.S. market, the company stated, forming a “landmark alliance.” “Joining forces with Cross River marks a transformative moment for VoPay,” believes Hamed Arbabi, chief executive […]
Government of Canada Invests $14M To Drive Innovation and Economic Growth in Vancouver
Vancouver is brimming with the talent and industry-leading ideas to meet global demand for Canadian products and services. That is why the Government of Canada is making strategic investments in projects that are helping scale-up local businesses to develop and market new technologies. Today, the Pacific Economic Development Agency of Canada (PacifiCan) announced almost $14 million in PacifiCan […]
INNOVATEwest Collabs with Launch Academy to Showcase Best of BC Tech
Last year, we reported on rumblings of a new large-scale tech conference in Vancouver preparing to launch in 2024. Not Collision, as some had called for, but rather INNOVATEwest. The multi-day event, slated for mid-April, is due to take place at the Vancouver Convention Centre, and will focus on the intersection of technology and business innovation. […]
JAKS Secures Support from CFIN to Advance Robotics in Manufacturing
The Canadian Food Innovation Network announced today that it is awarding nearly $500,000 across six food-tech projects throughout Canada. “These six projects represent CFIN’s vision for a future where new ideas and technologies create a more efficient, sustainable, and customer-centric food industry,” stated Dana McCauley, chief executive of CFIN. “As we introduce intelligent solutions, autonomous […]
MarineLabs Raises Largest Seed Round in Canadian Ocean Technology History
Victoria’s MarineLabs, a leader in cutting edge maritime weather intelligence technology, has raised a $4.5 million seed funding round, marking the largest investment of its kind in Canadian history for an ocean tech company. The historic funding was led by BDC Capital’s Sustainability Venture Fund with participation from Seaspan Shipyards, a leader in Canada’s ship design, […]
Cymax Group Finds a Match With Markus Frind as New CEO
Burnaby’s Cymax Group has named Markus Frind as its new CEO. Frind is the founder of Plenty of Fish which he sold to Match.com in 2015 for USD $575 million. That same year he invested $25 million in Cymax, alongside BDC, and has been on the Board of Directors for over 9 years. Frind succeeds […]
Damon Motors Boosts HyperSport Production with Swiss and Taiwanese Partnerships
Vancouver mobility startup Damon Motors has announced notable advancements in the commercialization and production preparations of its flagship motorcycle, the Damon HyperSport. In a strategic move to bolster the company’s production capabilities, Damon has partnered with Swiss die casting company Aluwag to produce the motorcycle’s innovative die-cast aluminum battery case. Aluwag has received the final […]
UrbanLogiq Announces Ethica, Government-Grade Generative AI Insights Engine Chatbot
Vancouver’s UrbanLogiq unveiled their government-grade generative AI assistant Ethica on stage at the South by Southwest (SXSW) conference this week. Ethica is designed around a family of expert domain fine-tuned models that have unique access to government databases and generates responses and explanations, from users asking questions using plain language. Governments have access to the public’s […]