An AI-powered photo processing service founded in Vancouver is being acquired by ImageQuix, a provider of workflow and ecommerce software for the photography industry. Skylab, established by photographer TJ Rak and machine learning expert Alireza Shafaei, was acquired buy the USA firm for an undisclosed sum. Rak and Shafaei met at UBC. Their startup, launched […]
News
VoPay Streamlines Micro-Transaction Verification with Latest Launch
A Vancouver-based financial technology firm is launching a service that it believes is the first of its kind in Canada. BC-born VoPay this month unveiled VoPay Verify, an “Instant Bank Account Verification solution.” VoPay says the solution empowers enterprises to rapidly authenticate and confirm any US or Canadian bank account, eliminating protracted waiting times of […]
Palo Alto Firm Finds Good Chemistry with Acquisition of Vancouver Startup
In April of 2022, we reported on Good Chemistry Company landing a strategic investment from Accenture Ventures. The Vancouver-based company drew interest from investors because it is leveraging quantum chemistry, machine learning, and quantum computing to innovate materials design. “With our platform, we are re-imagining the way computational chemistry simulations are done,” chief executive Arman […]
10 Homegrown B.C. Startups to Watch in 2024
Capital is hard to come by. The economy is in flux. And yet B.C. entrepreneurs are finding traction amid the turmoil. Tech companies specializing in everything from capturing carbon dioxide to smart glasses, and from beauty brands to farm automation have been leading an unprecedented tech stampede for the local economy. We have much to look […]
Safe Software Secures Growth Investment for Spatial Data Tech
The perennially profitable Safe Software announced today that it has received a strategic growth investment from JMI Equity, a firm focused on providing software companies with flexible capital, industry expertise, and operational support to build businesses of enduring value. Headquartered in Surrey, Safe provides solutions that empower people and enterprises to unlock the full potential […]
Farmers’ Den Competition to Reward Agricultural Entrepreneurship in BC
Every January, the Pacific Agriculture Show at Tradex in Abbotsford showcases the latest innovative technology targeting Canada’s agriculture industry. “Our province is budding with talented young entrepreneurs who are the future of the agriculture industry,” believes Jim Shepard, producer of the event. With hundreds of exhibitors, “our show brings together tens of thousands of leaders […]
Seven B.C. Companies Named to 2024 Global Cleantech 100
Canadian cleantech companies are making their mark on the world stage with 13 companies being named to the prestigious 2024 Global Cleantech 100 list, the 15th edition. This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada. But the West Coast stands […]
Mogo Buys Back One Million Shares Amid ‘Continued Progress’
A longstanding Canadian financial technology company unveiled this month that it bought back nearly half a million company shares in 2023. Born in Vancouver in 2003, shares in Mogo are down from a Pandemic high of more than $40 to about $2.50 today. Greg Feller, who serves as President and chief financial officer of the […]
Triple-A Game Studio Launches in Vancouver with Ambitious First Project
Vancouver has a new game studio in 2024. Late last year, it was announced by Chinese tech giant NetEase Games that a new studio would launch in Vancouver, one of Canada’s hottest regions for game development. The new studio, dubbed Worlds Untold, is a Triple-A development studio. Worlds Untold carries the aim of “creating interactive […]
In ‘Leap Forward for Industry,’ Operto Acquires DACK to Empower Proptech
In 2022, Operto Guest Technologies secured a $15 million Series A funding round led by FUSE, with follow-on investments from Watchfire Ventures, BlackPines Capital Partners, and a consortium of other investors. Last year, the Vancouver-based hospitality technology pioneer followed up with a $34 million Series B led by Centana Growth Partners, with participation from Thayer […]