Three Vancouver companies have been recognized by Fast Company magazine with a 2021 Fast Company World Changing Idea Award. CubicFarms, Damon Motors, and PrecisionOS were all recognized with Honorable Mentions. The Fast Company World Changing Ideas Awards honor the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation when it comes […]
CubicFarms
CubicFarms Expands Internationally Into Australia
CubicFarms is expanding into Australia with the sale of 18 modules of their onsite indoor growing technology to BoomA Food Group in New South Wales. Food production in Australia has been significantly impacted year over year by devastating wildfires and major flooding. Farming currently covers 385 million hectares, or 58 per cent of Australia, and […]
Connecting The Dots: April 2021
Each month, Kathleen Reid (Founder + Managing Director at Switchboard Public Relations) connects the dots between the trends, headlines and narratives that are informing the BC tech sector. This month, she’s shedding light on the new BC and federal budgets, an exciting expansion Down Under, and a good month for our planet. Federal budget goes […]
CubicFarms Wins Dairy Farmers Innovation Award
Vancouver’s CubicFarms has been awarded a Nexus Innovation Award for HydroGreen’s Vertical Pastures™ Grow System, an automated, on farm fresh livestock feed technology created by the company’s subsidiary, HydroGreen. Awarded at the Professional Dairy Producers annual conference, CubicFarms was among five new dairy innovations that presented on the Nexus Innovation stage. HydroGreen’s unique automated technology […]
Technology Capital Markets Veteran Joins CubicFarms
Technology Capital Markets veteran Tom Liston has joined Vancouver’s CubicFarm Systems as Vice President (VP) of Corporate Development. CubicFarms has developed fully automated technology that empowers farmers to provide independent local food access, maximize crop yields, and reduce environmental costs. Liston is a technology investor, advisor, and a Chartered Financial Analyst with over 20 years […]
Former Microsoft Vancouver GM Joins CubicFarms As CTO
Last week Edoardo De Martin announced that he was leaving his General Manager role at Microsoft’s Vancouver HQ. While the work isn’t finished, it never would be. There’s no perfect time to make a change. I have enjoyed every day and am proud of what our teams accomplished together. We built a solid foundation in […]
Terramera Calls On CubicFarms For Control Rooms
Two Vancouver-based agtech leaders are now working together with Terramera recently purchasing three control room systems from CubicFarms. Terramera is on a mission to reduce global synthetic pesticide use 80 percent by 2030 with its revolutionary Actigate™ technology platform. CubicFarms is a provider of automated controlled-environment growing systems that produce commercial-scale quantities of fresh produce […]
Four Investments In BC Technology You Can Make Today
Angel investors make small investments in startups to help their business get off the ground and carry the company through its difficult early stages. Angel investments can be a great opportunity for some serious financial upside—or downside—which is why these investments are reserved for high net worth individuals that can afford to make a few […]
Ag-tech Investor Ospraie Increases Ownership Stake In CubicFarms
Ospraie Ag Science has increased its ownership stake in CubicFarms. Ospraie paid $5.25 million to purchase 7.5 million additional common shares in the publicly traded company. Before the Transaction, Ospraie owned approximately 18.9% of the company on a non-diluted basis. Ospraie now owns almost 30 million common shares of CubicFarms, representing just over 25% of […]
CubicFarms Secures $5 Million In Growth Capital From BDC
Langley’s CubicFarm Systems has secured $5 million in growth capital from BDC Capital, a wholly owned subsidiary of Business Development Bank of Canada. BDC’s Cleantech Practice has agreed to provide CubicFarms with growth capital through a commercial debt financing. According to CubicFarms CEO Dave Dinesen, the non-dilutive financing from BDC combined with recent capital raises […]