Vancouver-based Aspect Biosystems and Danish pharmaceutical giant Novo Nordisk are expanding their partnership to advance the development of next-generation cellular medicines aimed at treating diabetes. The companies said the new phase of their collaboration builds on work underway since 2023 and reflects a shared goal of accelerating potentially curative therapies for serious metabolic diseases. Under […]
BC Tech Member
Veritree to Help Power Nature-Based Solutions for Manulife Impact Forest
Veritree this week unveiled a “milestone collaboration” with a major financial services provider in Canada. Vancouver’s veritree says its partnership with Manulife “merges environmental stewardship with cutting-edge technology.” Toronto’s Manulife is now the first corporate partner to implement veritree’s award-winning Smart Forest technology in its reforestation efforts. And, with Manulife set to deploy the tech […]
StandardFusion Acquired by Wolters Kluwer for $50M
StandardFusion has been acquired by Wolters Kluwer in a cash deal valued at approximately $50M, marking a notable exit for the city’s enterprise software ecosystem. The acquisition brings StandardFusion’s cloud-based governance, risk, and compliance (GRC) platform into Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division, where it will be integrated with the company’s […]
Photonic Raises $180M in Major Quantum Round
Photonic has raised $180 million in the first close of its latest investment round, marking a major milestone for the distributed quantum computing company as it pushes toward commercialization. The round was led by Planet First Partners, with participation from new investors including Royal Bank of Canada and TELUS. Existing backers, including BCI and Microsoft, […]
Trulioo is Working with Google on New Framework for Payments in an AI World
Trulioo announced this week that it has joined Google’s Agent Payments Protocol (AP2) initiative. The Vancouver-based provider of identity verification technology says joining the AP2 initiative will deepen its relationship with Google. The Protocol aims to provide an open and standardized framework for digital payments that connects financial institutions and merchants through a unified and […]
pH7 Technologies Raises $25 Million to Scale Breakthrough Mineral Extraction Tech
Vancouver cleantech standout pH7 Technologies has secured USD $25.6 million in the initial close of its Series B round, positioning the company to accelerate commercial deployments of its breakthrough mineral extraction technology at a time when global demand for copper and other critical minerals is surging. The round was led by Fine Structure Ventures, with […]
Svante and Södra are Set to Collaborate on Carbon Capture Solutions in Sweden
Vancouver innovator of solid sorbent-based carbon capture and removal solutions Svante Technologies this month unveiled a partnership with Södra, the largest forest-owner association in Sweden. Svante will work with Södra, as well as Swedish research institute RISE, to battle-test carbon capture technology at the Värö industrial site next year and evaluate future opportunities for large-scale […]
Photonic Intends to Showcase ‘Practical Path’ for Scalable Quantum Computing
In April, we reported that Vancouver’s Photonic was selected to participate in Stage A of the U.S. Defense Advanced Research Projects Agency’s Quantum Benchmarking Initiative. The global program from DARPA aims to rigorously assess whether any quantum computing technology can deliver “utility-scale” performance—meaning the computational value outweighs its cost—by 2033. “We are proud to be […]
Novarc Unveils World’s First Fully Autonomous TIG Welding System
Burnaby’s Novarc Technologies has launched the world’s first fully autonomous TIG welding solution, marking a milestone for Canada’s advanced manufacturing sector. The full-stack AI robotics company unveiled SWR™ TIPTIG Autonomy during its “Unveiling AI in Welding” event at its new headquarters in Burnaby, highlighting both the company’s growth and British Columbia’s leadership in robotics and […]
Victoria’s MarineLabs Raises $4 Million to Expand Maritime Weather Intelligence Network
Victoria-based MarineLabs, a leader in maritime weather intelligence technology, has raised a $4-million seed extension led by BDC Capital’s Sustainability Venture Fund, with participation from InBC Investment Corp., which invests in B.C. companies driving positive local impact. MarineLabs operates a North America-wide network of rugged, cloud-connected sensors that deliver real-time and historical data on wind, […]