The Ocean Startup Project has selected 30 idea and early stage ocean technology startups for the Ocean Startup Challenge. Up to $700,000 will be distributed to the winners, plus additional program benefits such as mentorship, networking, events, and workshops. “It is invigorating and exciting to review such cutting-edge ideas from new, early stage ocean technology […]
News
Web3 Darling Dapper Labs Lays Off 22% of Staff
Less than one month after picking up not one award, but two awards, at BC Tech’s 2022 Technology Impact Awards, web3 darling Dapper Labs has laid off 22 per cent of staff. Dapper Labs, the company behind NBA Top Shot and the Flow blockchain, topped the Spirit of BC Tech – Ambition and Excellence in […]
Latest Hootsuite Cut Reflects ‘Current Economic and Market Realities’
This week, Hootsuite let go of a few more staff. “Today, Hootsuite made the difficult decision to go through another round of layoffs, and unfortunately I was affected,” a former product manager for the Vancouver company revealed on LinkedIn earlier this week. A Hootsuite spokesperson informed Daily Hive that roughly 5% of staff were cut. […]
Trail Blazing Ventures and Ecologyst Mutually Agree to Not Move Forward with Qualifying Transaction
Victoria-based ecologyst Outfitters is choosing to raise funds through private investors versus going public at this time. Calgary’s Trail Blazing Ventures (TSXV: BLAZ.P), a capital pool company led by entrepreneur Darren Bondar, had filed the paperwork to acquire the clothing brand in August. It seemed to be a match made in retail heaven. Capital pool […]
Innovation Booster Funds Vancouver Island Startup Tackling Climate Change Through Seaweed
The Canadian Food Innovation Network announced this morning that it is investing into six projects, including one from BC More than $500,000 in funding, issued through the organization’s Innovation Booster program, is targeted for “innovative solutions that have the potential to reduce emissions, increase domestic production, and establish Canada as a global leader in new […]
Vancouver a Top Five Startup Ecosystem for Blue Economy in North America
Startup Genome today released its first-ever report focused on global startup ecosystems in the blue economy. The report looks at the current state of startup activity and related investment in the blue economy, where rankings reflect which global ecosystems are driving innovation through startups and related activities. It aims to provide information for founders, investors, […]
Vancouver’s Coding Pals Acknowledged For Making Meaningful Impact
This past August, TELUS launched its Friendly Future Maker Awards program, a nation-wide search for young Canadians creating positive and long-lasting change in their communities. After receiving hundreds of heartfelt nominations across the country, seven Friendly Future Makers have been selected by a panel of TELUS judges. Vancouver’s own Austin Ma was named one of the seven Friendly […]
Apply Digital Acquires London Agency E2X
Vancouver’s Apply Digital has acquired London-based commerce strategy and development agency E2X. Apply Digital is a products, platforms, and commerce company that builds innovative digital solutions to help their clients gain a competitive advantage. Apply Digital received a growth investment from Interlock Equity in 2021 and has a roster of clients that includes Moderna, Tigo, […]
SFU Hosting Vancouver Segment of Cyber Challenge Event This Week
CyberSci runs a series of regional cyber challenge events in major cities across Canada each year. Canadian universities and colleges send up to two teams of four students to the designated venue in their region. These student teams are then presented with a realistic corporate network that forces them to think like an attacker to penetrate the […]
Blossom Builds on Pre-Seed Funding to Blur Line Between Social, Financial Apps
Three months after closing a pre-seed investment round, Vancouver fintech startup Blossom publicly launched on the App Store in May. The social network for retail investors, the first of its kind available to Canadians, received its pre-seed investment round from Pareto Holdings, a venture fund co-founded by Shutterstock founder Jon Oringer. The BC fintech has since raised an additional $750,000, […]