InBC Investment Corp. (InBC), the province’s $500-million strategic investment fund, has appointed Thomas Park as its new Chief Investment Officer. A seasoned investor, community builder, and lawyer, Park will lead InBC’s investment team and strategy, guiding the fund as it expands its portfolio of companies and venture funds to drive economic growth across British Columbia. […]
InBC Investment Corp
Novarc Technologies Secures $50M to Advance AI Welding Automation
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 […]
Vancouver’s Reverb Therapeutics Secures $17M to Advance Cytokine Therapy
Reverb Therapeutics, a biotech company leveraging the natural immune system to treat life-threatening diseases, has raised $17 million in financing. The funding round was led by founding investor Amplitude Ventures and included participation from the Myeloma Investment Fund, KdT Ventures, Finchley Healthcare Ventures, Seido Capital, and InBC Investment Corp. Reverb’s Amplify•R™ platform utilizes bispecific antibody […]
Foresight Fulfilled: Arca Rocking B.C.’s Green Tech Scene
Techcouver named Arca Climate Technologies one of 10 homegrown B.C. startups to watch in 2024 and apparently we were right. Earlier this year the Vancouver company picked up the Startup of the Year award at the BC Cleantech Awards and they are currently a top 20 finalist in the prestigious XPRIZE Carbon Removal competition. They continue […]
Sanctuary AI Receives Strategic Investment to Power ‘Next Frontier’ of Workplace Robotics
A robotics innovator based out of Vancouver has received an influx of capital. Sanctuary AI today announced a strategic investment from BDC Capital’s Thrive Venture Fund and InBC Investment Corp. This latest round brings the total investment in Sanctuary to over $140 million to date, according to the company, which is on a mission to […]
ThoughtExchange Raises $13.5M for Innovation in Engagement Tech and Inclusive Problem-Solving
Rossland, B.C. born ThoughtExchange has raised $13.5 million in equity financing from InBC Investment Corp. along with existing investors Information Venture Partners, Yaletown Partners, Voyager Capital, HarbourVest and First Generation Capital. ThoughtExchange is an innovator in engagement technology and problem-solving, bridging the gap between quantitative sentiment and actionable solutions by combining deep AI capabilities with […]
InBC Makes Key Investments in Robotics, Healthcare, and Venture Funds
InBC Investment Corp. (InBC), a strategic investment fund created by the Province of British Columbia, has made new investments into companies and venture funds to support entrepreneurs and economic growth in the province. InBC has invested alongside other investors, committing $4 million into 4AG Robotics (formerly TechBrew Robotics) and $5 million into Clarius Mobile Health […]
TechBrew Robotics Rebrands As 4AG Robotics After $17.5M Financing Round
Salmon Arm’s TechBrew Robotics is rebranding on the heels of securing $17.5 million in equity financing in a round led by BDC Capital’s Industrial Innovation Venture Fund and InBC Investment Corp. Rebranded as 4AG Robotics (pronounced “Forage”), the startup is addressing the labor-intensive challenges of the mushroom industry with cutting-edge robotic solutions. The financing round also […]
Capital Compass BC Offers Expansive View Into Province’s Capital and Business Landscape
Innovate BC, InBC Investment Corp, PacifiCan and New Ventures BC have partnered to launch a new online platform that provides a comprehensive and dynamic view of British Columbia’s capital and business landscape. Available now, Capital Compass BC offers centralized intelligence on startups, scaleups, investors, entrepreneurial resources, and investment capital flow within the province. In addition […]
InBC Open For Business, Investments To Support Clean, Inclusive Growth
Today InBC Investment Corp (InBC), the Province’s newest Crown corporation, declared itself open for business and launched its investment policy statement to guide investment decision-making. Developed through the StrongerBC Economic Plan, the Province is providing InBC with $500 million to invest in venture capital funds and growing companies that demonstrate a measurable impact in driving […]