Hi everyone,

If the past few weeks are any indication, 2026 is shaping up to be a year where scale and structure matter more than hype. This week’s stories reflect that shift. Safe Software’s $100M milestone shows how foundational bets can turn into durable growth engines, while Fasken’s latest exit data points to a market that’s still moving—just more selectively.

We’re also heading into a busy stretch for the community. On Wednesday, we kick off the year’s first #VTJTalks with leaders from Innovate BC, Invest Vancouver, and Life Sciences BC to look ahead at what 2026 might hold. And next week, Canada’s largest Indigenous tech conference arrives in Vancouver—another sign of how the ecosystem is broadening.

You’ll see all of that in today’s briefing: exits, financings, policy shifts, and the infrastructure quietly shaping the next phase of Canadian tech.

Upcoming Events

On January 21, 2026, join us as we set the tone for 2026 — and help chart what’s next for Vancouver’s tech economy. Featuring the following speakers:

From The Journal

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Funding, Deals, and More

  • ​​Hootsuite could receive up to $2.8M USD for U.S. immigration enforcement contract: Vancouver-based Hootsuite is providing social media management and monitoring technology to the U.S. Department of Homeland Security via a third-party contractor, years after scrapping an ICE-related deal. BetaKit reports the contract could be worth up to nearly $2.8M USD by 2029.
    Read more →

  • Slate raises $1.3M to bring embedded lending to Canadian platforms: Vancouver startup Slate raised $1.3M CAD in pre-seed funding (via SAFE) to help Canadian platforms offer SMB loans without building underwriting, compliance, and lending operations from scratch.
    Read more →

  • StandardFusion acquired by Wolters Kluwer for $50M: Vancouver-founded governance, risk, and compliance (GRC) company StandardFusion was acquired by Wolters Kluwer in a cash deal valued at about $50M, with plans to integrate the platform into Wolters Kluwer’s audit and assurance software ecosystem.

  • Mangrove Lithium secures US$85M financing: Vancouver’s Mangrove Lithium raised US$85M, with participation including Canada Growth Fund, Breakthrough Energy Ventures, and BMW iVentures, to support commercialization and deployment of its lithium refining tech. The company also recently completed Phase 1 construction of its first commercial refining facility in Delta.

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In Other News

  • Nine Canadian companies make the 2026 Global Cleantech 100: Canada landed nine spots on Cleantech Group’s 2026 Global Cleantech 100, with returning names like Cyclic Materials, Mangrove Lithium, and Pani Energy, plus new additions including Planetary, Augmenta, CO280 Solutions, and Eavor.
    Read more →

  • LōD Technologies is betting on a smarter, safer way to run AI: Vancouver’s LōD Technologies launched CLōD, an AI inference “gateway” aimed at helping organizations control AI cost, performance, routing, and governance, especially for regulated or sensitive workloads.
    Read more →

  • VoPay establishes global headquarters in Qatar: Vancouver-based fintech VoPay announced it’s establishing its global HQ in Doha as it expands digital financial infrastructure across MENA, Africa, and Southeast Asia, while continuing operations in other regions.
    Read more →

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