Goldman Sachs’ recent “Music in the Air” report predicts that direct monetization of music super-fans could result in US$4 billion in incremental revenue for artists globally within the next seven years. It’s a relatively newer market, the superfan business is—and also a lucrative one. “Our data shows superfans are spending [eight times] the average music […]
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BDC Opens Third BDC Square in Vancouver’s Zero Carbon High-Rise
BDC, Canada’s bank for entrepreneurs, has officially opened its third BDC Square, a collaborative space for entrepreneurs located in downtown Vancouver. Following the success of similar spaces in Montreal and Toronto, Vancouver’s BDC Square is now available to host events for small and medium-sized businesses—enabling them to make powerful connections with peers, clients and BDC employees. “Peer-to-peer connections can go a […]
Ionomr Innovations Secures $20 Million to Advance Next-Gen Hydrogen Technologies
Earlier this year Vancouver’s Ionomr Innovations was one of six B.C. companies named to the 2023 Global Cleantech 100 list. Today the Vancouver company announced the close of a USD $20 million Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures. Ionomr develops and manufactures breakthrough, foundational polymer and membrane technologies […]
Vancouver Firm Raises Big Capital to Power Asian Food Delivery in Canada
A Vancouver-based company has raised a Series C round of funding toward bringing Chinese-style food delivery experiences to Canada. Fantuan has secured US$40 million in a round led by immigrant-focused venture capital firm Celtic House Asia and food supply chain firm GrubMarket, according to a report from TechCrunch. The round included participation from Vision Plus, […]
BC’s Crush Dynamics Receives $2M in Funding to Upcycle Vineyard Waste
The Canadian Food Innovation Network announced this morning that is is awarding nearly $2 million to a British Columbia company that has been innovating vineyard agriculture since 2016. Through the Food Innovation Challenge Program, CFIN is financially supporting Crush Dynamics on the BC firm’s quest develop and test a seemingly magical ingredient, created through upcycling, […]
B.C. Cleantechs Receive $2M From Innovate BC and NRC IRAP Through BC Fast Pilot
Innovate BC and the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) are awarding $2,014,425 in R&D funding to 13 BC cleantech companies. The funding is being awarded through the BC Fast Pilot program, which helps small and medium sized businesses design, build, and operate a pilot plant or small demonstration of their technology […]
A Snapshot of Canada’s Fastest-Growing Tech Workforce
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with more employment growth projected moving forward. Net tech employment cracked 1,350,000 workers in 2022, data from the nonprofit association for the information technology industry and workforce shows, with further expansion to come. Tech employment […]
Vancouver Showcases Climate Tech Prowess in Global Rankings
At COP28, Startup Genome and the Global Entrepreneurship Network jointly launched the “Global Startup Ecosystem Report – Climatetech Edition,” which analyzes startup activity and investments across the world’s “blue economy.” Worldwide, Singapore is the world-leading startup ecosystem for the blue economy, the analysis concluded. But Canada makes a strong showing as one of only a few […]
Omnicart Secures Funding to Revolutionize Last-Mile Delivery with Its SaaS Platform
Last-mile delivery startup Omnicart has raised a $1.5 million funding round led by Foodhub, a UK-based company that provides online food ordering and management software to restaurants. Omnicart is a SaaS platform and a delivery operating system for any business owner who have access to fleets of drivers. In the same way that Shopify made […]
Mosa’s One-Year Success: Upcycling 10,000 Glass Bottles and Unveiling Holiday Collection
Vancouver startup Mosa is celebrating an impressive milestone on its one year anniversary. Since the brand’s launch in December 2022, the entrepreneurship@UBC alumni has successfully upcycled over 10,000 glass bottles, diverting them from landfills and reducing carbon emissions. From the outset, Mosa’s mission has remained steadfast: to establish resource efficiency as the new norm, one […]