Most startups today are digital-first. Such enterprises are typically easier to launch, and statistics suggest they’re more likely to get funding and survive than their hardware counterparts. “As hard as it is for all tech startups, it’s even more difficult for consumer hardware companies,” affirms a report from CB Insights, which found that 97% of consumer hardware […]
Sanctuary AI
Flush with Capital and Tech, Sanctuary AI Positions Self as Robotics Leader
Sanctuary AI believes it has created the world’s smartest robot. There is reason to be cocky: the Vancouver-based robotics and artificial intelligence startup is experiencing a bout of momentum. In March, the BC tech company raised a whopping $75 million in capital from an oversubscribed Series A round, which included strong interest from Bell, Export […]
Connecting the Dots: March 2022
Each month, the team at Switchboard Public Relations connects the dots between the trends, headlines and narratives informing the B.C. tech sector. For March’s Connecting The Dots, the team looks back on an International Women’s Day to remember, the B.C. tech sector’s latest wins and a tech-enabled surge of support for Ukraine. Moving the needle […]
Sanctuary AI Raises $75 Million To Create Human-Like, General-Purpose Robots
Vancouver’s Sanctuary AI, a company focused on creating the world’s first human-like intelligence in general-purpose robots, today announced the successful closing of an oversubscribed $75.5 million Series A funding. Investors in the massive financing round include Bell, Evok Innovations, Export Development Canada, Magna, SE Health, Verizon Ventures, and Workday Ventures. Using breakthrough technology in artificial […]
Supercluster Funds More COVID-19 Recovery Projects In B.C.
The Digital Technology Supercluster continues to collaborate with companies from across Canada to develop, deploy and scale innovative technologies to support Canadians safely return to work. In April, the Vancouver-based Supercluster announced that they would commit $60 million to the biggest health and safety problems created by the COVID-19 crisis. The Supercluster has announced eight […]
How to Make B.C. a Worldwide Hub for Artificial Intelligence by 2022
The Artificial Intelligence network of British Columbia (AInBC) is officially launching on October 1st. Community ties are so essential in building out a strong ecosystem, so if you have an interest, passion, project or company in the AI space, the AInBC invites you to their launch event. AInBC’s mission is to connect talented people with […]