North Vancouver-based Novarc Technologies, a leader in AI-driven robotic welding solutions, has raised $50 million in Series B funding to expand its research and development efforts. The round was led by Export Development Canada (EDC), with participation from Graham Partners, Seaspan, and InBC Investment Corp. Novarc’s NovAI™ system, an AI-powered welding solution, enhances robotic automation […]
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BC’s Top Startup Competition Returns for 2025
One of British Columbia’s premier startup competitions is back. The 2025 New Ventures BC Competition is now accepting applications, offering early-stage tech companies the chance to compete for over $250,000 in cash and prizes. Now in its 25th year, the competition has served as a launchpad for many of BC’s most promising tech startups. Since […]
Deloitte Acquires Pocketed to Strengthen AI-Powered Funding Services
Deloitte Canada has announced the acquisition of Pocketed, a Vancouver-based startup known for its AI-driven platform that helps businesses identify and secure funding opportunities. The move enhances Deloitte’s grant and SR&ED service offerings while expanding Pocketed’s reach through Deloitte’s innovation ecosystem. Pocketed’s technology streamlines the funding process by using an intelligent matching system that connects […]
Burnaby Upstart Anodyne Chemistries Advancing Bioelectric Cleantech
A Burnaby-born startup has a vision to make the chemical industry sustainable by harnessing the potential of enzymes. Anodyne Chemistries, founded in 2021, is the entity behind an enzymatic process that “combines the best of biology and electrochemistry to bypass the limitations of traditional petrochemical and fermentation processes.” As “factories of nature,” enzymes perform the […]
Startup TNT’s Summit XI Helps Founders Secure Funding and Build Connections
For early-stage startups looking to secure funding and build investor relationships, Startup TNT’s Investment Summit XI offers a valuable opportunity. With applications now open, founders can gain access to seed-stage investment, refine their pitch, and join a growing community of high-growth startups. Since launching, Startup TNT has facilitated over $17 million in investments across 100+ […]
7Gen Acquires San Francisco Startup to Enhance E.V. Fleet Toolkit with AI Tech
7Gen recently acquired EnergizedAI, a startup based out of San Francisco. EnergizedAI developed a proprietary algorithm that treats each EV charger like a patient, continuously monitoring vitals and environment to assess health and predict failures before they happen. Through the acquisition, Adam Mandel, founder of EnergizedAI, joined 7Gen as senior product advisor. “7Gen’s complete end-to-end solution […]
Apply Digital Acquires Ragnarok to Boost Customer Engagement
Vancouver-based Apply Digital has acquired marketing technology agency Ragnarok, strengthening its customer engagement and data-driven marketing capabilities. The terms of the deal were not disclosed. Founded in 2016 by Chris Coghlan and Gautam Lohia, Apply Digital is a digital agency that designs, builds, and manages smart digital products to help brands accelerate time-to-market and drive […]
Emtar Secures $18M Investment Round to Power Next-Gen Semiconductor Tech
A fabless semiconductor company pioneering energy-efficient wireless edge intelligence solutions recently revealed a sizeable angel investment round. Vancouver’s Emtar Technologies, established in 2023, announced an $18.5 million round of investment that closed late last year. Emtar is developing next-generation system-on-chip and semiconductor technologies that integrate high-speed I/O, wireless connectivity, and intelligent self-computing capabilities to deliver […]
Reflecting on British Columbia’s Strong Year for Venture Capital Investment
British Columbia posted a strong year for venture capital investment in 2024, a new report concludes. Nationwide disbursement for the year, at $8.9 billion, was the third best in Canadian VC history, behind 2021’s $14B and 2022’s $9.7B, according to data from CPE Analytics. However, a majority of Canadian capital was once again from government […]
Allocadia Co-Founder Kristine Steuart Unveils New Venture: SIX
Kristine Steuart, co-founder and former CEO of Allocadia, is back with a new venture—SIX—alongside Co-CEO T.J. Begley. The company, which has been operating under the radar, is now officially launching after securing live customers and raising $1.3 million in pre-seed funding from Inovia Capital, Panache Ventures, and angel investors. SIX is tackling a major challenge […]