A company launched out of Vancouver last year with an idea to help smaller businesses build accounting products for their customers. With Teal, users can build a financial hub that drives attachment and engagement across all financial services products, according to the founders. And they can do it in a matter of weeks, not months. […]
Shopify
Ethos Leverages Shopify to Empower Merchants with Web3 Commerce
Ethos is on a mission to accelerate the Canada’s adoption of digital assets such as NFTs by facilitating experiences for brands and their customers. In March, they made it easier than ever to display NFTs on devices. The Vancouver startup followed this up with the launch of Gated Experiences in May. Ethos has a vision to make […]
Article Trims 200+ Employees After Losing Same E-Commerce Gamble as Shopify
Another one bites the dust. From Unbounce to Clearco to Shopify, Vancouver-based Article is the latest in a long line of Canadian technology firms who after recently experiencing marked growth abruptly shifts to significant layoffs. “Today is a very difficult day at Article,” CEO Aamir Baig wrote in a memo. “This is my fault.” Baig let […]
Shopify Shocks Tech Ecosystem With Massive Workforce Reduction
In January 2021 Shopify announced plans to double the size of its engineering team in 2021 by hiring 2,021 new technical staff. One year before Shopify announced that they were making a significant investment in Vancouver, with plans to hire 1,000 employees and open their first permanent office. Today Shopify CEO Tobi Lütke announced that Shopify would […]
Carbon Engineering to Deploy Franchise-Like Model for Direct Air Capture Technology
Carbon Engineering has announced a plant deployment approach to help execute large numbers of Direct Air Capture projects around the world. Direct Air Capture, or DAC, is a technology that captures carbon dioxide directly from the air with an engineered mechanical system. This new deployment approach from CE standardizes the design of plants to help deliver operationally […]
Shopify’s Sustainability Fund Partners With Vancouver’s Carbin Minerals
Today Shopify announced new partnerships with nine entrepreneurial, climate-forward trailblazers through its Sustainability Fund, bringing their total carbon removal purchase commitment to $32 million. One of the newly added partners is a Vancouver’s own Carbin Minerals. Carbin Minerals accelerates and optimizes permanent carbon removal in mine tailings, with the goal of enabling mines to produce […]
Backbone Angels Celebrates One Year Of Funding And Empowering Women Entrepreneurs
Accessibility to capital is one of the largest challenges faced by women and BIPOC entrepreneurs. Backbone Angels launched one year ago today to tackle this issue and today, on International Women’s Day, they are celebrating their one-year anniversary. Backbone Angels is a collective of 10 women in tech who are united around the same goal: […]
WeCommerce Now Accounts For Five Of The Top Seven Paid Shopify Themes
Victoria’s WeCommerce is acquiring Archetype Themes for USD $32 million Archetype is a leading designer and developer of premium themes used by over 60,000 Shopify merchants. Its Impulse theme is the #1 ranked theme based on popularity in the Shopify Theme Store. Archetype will continue to operate as an independent brand post-acquisition. Combined with Pixel […]
Shopify Invests In Bench As They Expand Beyond Accounting Into Banking
Vancouver’s Bench has raised $73 million in a Series C financing round led by Contour Venture Partners, supported by existing investors Altos Ventures, iNovia Capital, and BMO T&I, and including new investors including Sage and Shopify. The raise more than doubles Bench’s total funding to over $120 million and coincides with a major relaunch of […]
Shopify & Thinkific Collaboration Helps Entrepreneurs Sell Products And Skills In One Basket
While impacts of the pandemic to businesses have varied wildly across sectors, it has been particularly painful for small operators. For many service based entrepreneurs; coaches and instructors, beauticians, stylists, and personal trainers, ‘business as usual’ literally shuttered overnight. Those running small online businesses selling physical goods, themselves struggled with cratering supply chains, disrupted shipping […]