A software company based in Vancouver has raised a Series A round of capital en route a mission to improve safety for construction and other labour-focused industries. SALUS Technologies announced today the closing of an $8 million round supported by investors based in New York. The Canadian company said in a release that the new […]
News
Vistara Growth Surpasses $150 Million Mark in Fund V Closing, Aims for $400 Million Target
Vancouver headquartered growth-stage tech investor Vistara Growth has announced an initial closing at over USD $150 million for Vistara Technology Growth Fund V LP towards its target of USD $400 million. The Fund V closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners. Vistara is […]
Vancouver Tech Ecosystem Holding Strong Through Post-Pandemic Flux
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with nearly 1.4 million tech workers now in Canada. At an impact north of $110 billion, the tech industry represents more than 5% of Canada’s overall economy. Vancouver boasts Canada’s third largest metropolitan area by […]
Article Rebounds with Launch of Tech Team to Upgrade Online Shopping
In 2022, Vancouver-based Article joined a long list of Canadian tech firms who, pressured by sudden economic shifts, made the difficult decision to downsize. “Today is a very difficult day at Article,” chief executive Aamir Baig wrote in a memo last August, as his company . “This is my fault.” Baig let go of more than […]
Discover Unique Canadian Tech Gifts: 5 Local Gems for Your Holiday Shopping
Black Friday and Cyber Monday have come and gone but many of you are still holiday gift shopping for the special people in your lives. While Amazon is likely your go-to destination, why not look local when trying to fill out your gift list. Here are five gift ideas from Canadian tech companies that would love […]
Vancouver To Be Home to Tesla’s Largest Service Facility in North America
Vancouver real estate developer Beedie is teaming up with Tesla to build the the electric vehicle manufacturer’s largest service facility in North America. The 120,000-square-foot flagship service center will be built in Vancouver at 950 Raymur Avenue on a brownfield site in the city’s Strathcona neighbourhood. “At Beedie we are committed to building legacies for […]
With Over Six Million Websites Built, Durable Raises $14 Million to Fuel Growth
Taking a page out of Shopify’s playbook, Durable is making it easier and faster for people to start businesses. And investors are taking notice. Today the Vancouver-based AI-powered website builder and small business platform announced $14 million in Series A funding. With over $20 Million in total funds raised to date, Durable is building the […]
Moment Energy Partners with Hydro Ottawa to Revolutionize Grid Management
Vancouver’s Moment Energy has announced its first ever end-to-end integration involving Hydro Ottawa and BluWave-ai to bring intelligent distributed energy resource management system (DERMS) capability to the distribution grid. This marks a significant milestone for the innovator in second-life battery energy storage systems (BESS). With Moment Energy’s BESS responding to demand response signals, the grid operator […]
Vancouver’s Merchant Growth Offers Lifeline to Small Businesses Struggling with CEBA Loan Repayments
Thousands of Canadian small businesses are in financial jeopardy as they approach the deadline to repay Canada Emergency Business Account (CEBA) government loans obtained during the pandemic. As of June, only one-fifth of the nearly 900,000 approved businesses have repaid their CEBA loans. While the government has offered an opportunity for businesses to refinance their loan […]
CanDry Tech Targets Taste, Nutrition with Food Dehydration Innovation
The business of dehydrating food is not likely to rivet the minds of many. CanDry Technologies understands that, while also recognizing that tastier and more nutritious food in the hands of customers does rivet their taste buds. The BC-based company is pioneering company the dehydration of heat-sensitive products through technology that preserves nutrients, improves food […]