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
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 […]
Carbon Engineering Launches New Carbon Dioxide Removal Service, With Shopify As First Customer
Squamish’s Carbon Engineering (CE) has launched a new carbon dioxide removal service that allows customers to purchase the removal of carbon dioxide from the atmosphere using CE’s large-scale DAC technology. Canadian e-commerce darling Shopify has signed on as the first customer for the service, reserving 10,000 tonnes of permanent carbon removal capacity from a large-scale […]
Carbon Engineering Wins Cleantech North American Company of the Year Award
Squamish-based Carbon Engineering (CE) has been named on the prestigious Global Cleantech 100 list by Cleantech Group for the second year in a row. CE was also awarded the 2021 North American Company of the Year Award – an honour bestowed upon the highest-ranked company on the list from the region. CE‘s groundbreaking Direct Air […]