🏙️ $1.1 billion for Squamish company
Yes, that says billion. Plus, find out which tech investment bank just opened its first office in Vancouver.
We caught up with the Vancouver-based executive to discuss why the deal matters, and what comes next.
The plan, a vision for transforming Canada's electricity sector, was unveiled in Vancouver and featured discussions with local cleantech companies.
The Vancouver-based startup lets users train a robot to scrape any website in two minutes — with no code.
It’s a hot space for investment, and a complicated one, too. We spoke to a number of local funders to help demystify the industry. Members-only article.
Plus, two anchor companies released their Q2 financials, and nine other stories you may have missed. Read our top member briefing from last week. Members-only.
🤝 Funding and deals
Carbon Engineering was acquired for a massive $1.1 billion by U.S. oil and gas producer Occidental Petroleum to help it develop a string of carbon-capture sites it hopes will profit from tackling climate change.
Robotics company Novarc Technologies completed its Series A funding round with Caterpillar Venture Capital, the VC arm of the machinery giant.
IR Labs announced a strategic partnership with Connection Silicon Valley to support Canadian companies in expanding their reach, navigating the capital markets, and growing their businesses for the long term.
Horizon Blockchain Games, a Web3 company with a Vancouver hub, announced a strategic partnership between its offering — Sequence — and Planet Mojo.
B.C.-founded Tentarix Biotherapeutics and Gilead Sciences established three multi-year collaborations to discover and develop therapeutics for oncology and inflammatory diseases.
For all the local funding news, become a Vancouver Tech Journal member »
🗞️ In other news
Nimbus Synergies, an early-stage health technology investor and mentor, announced it’s relocated its Generator startup hub to West Broadway and Oak.
Boast AI has introduced an AI-enabled way to classify relevant projects to help SMEs access more of the billions in R&D tax credits that go unclaimed each year.
Local media giant BBTV announced its Q2 2023 financial results, ending the quarter with $14.4 million in cash, compared to $22.8 million the same time last year.
Thinkific — an online course-creation platform — launched the ability for its customers to get their own mobile app, customized in their own branding, which is built and maintained by the company.
Wearable tech outfit Form announced a highly-requested integration with TrainingPeaks.
For all local news and our daily coverage, become a Vancouver Tech Journal member »
💼 Take your career to the next level
There are hundreds of Vancouver tech businesses searching for talent, including Reusables.com, Taking Root, Rhino Ventures, Montra Interactive, LexSelect, SunTracker Technology, The Coaches Site, and Ari.
Check out who else is hiring on our Vancouver Tech Job Board »
Growing your team? Post a job with us »
💡 Ideas and insights
Ian MacKinnon, CTO of Later and Mavrck, shares lessons he learned building Later on the It Shipped That Way podcast.
Keith Ippel, co-founder of Spring Impact Capital, shared his thoughts on one of the post powerful tools in fundraising.
Ryan Wong — CEO, president, and founder at Visier — writes about how he thinks AI will will make HR more human, not less.
James Armstrong, the VP of engineering at MediaValet, writing on his blog: What team compositions should I be using to achieve my goals?
Diana Fusther, UX and UI designer at TTT Studios, discusses how to get out of a creative digital design rut: Get inspired with these preliminary research tips.
🙋 Join your online community
Did you know you can connect with your tech community using our dedicated VTJ Slack? We know not all of you can get to our events in person, so this is your chance to network and chat with your friendly neighbourhood tech professionals from the comfort of your home. Join your VTJ Community Slack now.