LōD Technologies announced it has achieved System and Organization Controls 1 Type II certification. The Vancouver-based energy intelligence platform for data centre operations says the SOC certification applies across its full product suite, including IoT, Grid Energy Strategy, FPPS Mining Pool, and Energy and Power Management System for Bitcoin mining, AI, and high-performance computing centres. […]
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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 […]
TELUS Unveils ‘Future-Proofed’ Security Solution to Thwart Quantum Threats
TELUS continues to position itself as a provider of cybersecurity technology. The Vancouver-based telecom titan this month unveiled a Quantum-Safe VPN service, which offers commercial Post-Quantum Cryptography (PQC) protection to Canadian businesses. “As a leader in cybersecurity innovation, TELUS is taking the critical first step to deliver future-proof services to support our customers’ network security […]
TELUS Breaks Ground on New Point Grey Housing Development
TELUS has officially broken ground on its newest TELUS Living development, transforming a former telephone exchange in Vancouver’s Point Grey neighbourhood into a six-storey, mixed-use rental building aimed at easing the city’s housing crunch. Located at 2608 Tolmie Street, the project—developed in partnership with LPI Management Ltd.—will deliver 55 purpose-built rental homes and four ground-floor […]
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 […]
Clio’s $5B Valuation Marks Legaltech Milestone
Vancouver’s Clio has completed its US$1 billion acquisition of vLex, in one of the most significant transactions in legaltech history. The closing coincides with Clio’s US$500 million Series G funding round, led by New Enterprise Associates (NEA) and valuing the company at US$5 billion. Together, these milestones accelerate Clio’s evolution as an AI-first company and […]
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 […]