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Hands up if youโ€™re still hard at work!

The "let's circle back after the holidays" season might have officially begun, but the Vancouver tech sector missed the memo. Itโ€™s been a huge week in news, from the announcement of InBCโ€™s first investments from its $500 million fund to the new Minister of Jobs, Economic Development, and Innovation revealing her plans for the local tech sector. Execs are still making big moves โ€” Semios founder Michael Gilbert told the world heโ€™ll step down as CEO after turning Vancouver agtech into a global player โ€” and there have been some hundred-million dollar funding announcements for late-stage companies. All that to say, while some industries are shutting down their laptops for the season, local tech is still firing on all cylinders.

Now onto todayโ€™s briefing. Itโ€™s 1,145 words: a four-minute read.

-P.S. If youโ€™re a Vancouver Tech Journal member, weโ€™ve got your Christmas presents covered! Weโ€™re giving you the option to gift three free one-month subscriptions to your family and friends (a total value of $41). Keep an eye on your membersโ€™ exclusive email on Tuesday for more information. If youโ€™re not a member yet and want great giveaways like this and more, join us now:

InBC announces first investments from $500 million fund

The government-financed organization must consider people, planet, and profit for each deal, says Chief Investment Officer Leah Nguyen. Start reading ยป

New B.C. minister reveals her vision for the tech sector

Brenda Bailey believes her background as a tech exec and business leader will help her weather the challenges of a tough portfolio. Start reading ยป

What it takes to build and scale in a recession-proof industry

Investors, founders, and engineers discuss the future of our food system, hosted by MistyWest. Start reading ยป

"I very rarely feel even close to being the smartest person in the room" โ€” How (and why) to get a job at Aspect Biosystems

Co-founder and chief scientific officer Sam Wadsworth on the companyโ€™s origin, his typical day, and balancing work hours around key research milestones. Start reading ยป

Membersโ€™ exclusive: The state of Vancouverโ€™s economy at the close of 2022

Itโ€™s been a year of two halves, says a recent Vancouver Economic Commission report. Start reading ยป

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Between coffees, socials, and fireside chats, Vancouver Tech Journal brought together more than 5,000 people in person this year. Events play a big role in what we do, which is to build community. Next year, we want to improve. We want to do more of what you want, and less of what you donโ€™t want. But to achieve this, we need you to tell us what you think. Todayโ€™s your chance to do that.

To help make our events better โ€” and be entered to win a $100 gift card to a local business of your choice โ€” complete our one-minute survey.

๐Ÿค Funding and deals

  • Svante raised $318 million Series E for carbon capture technology, led by Chevron New Energies. Read on Vancouver Tech Journal ยป

  • Dyne raised $1.5 million with investment from Weave VC: a rare example of a Vancouver company being funding by a Vancouver investor. Read on Vancouver Tech Journal ยป

  • Launchpad, a local enterprise integration software company, partnered with London-based data intelligence outfit Altrata, enabling organizations of all sizes to automate their applications and workflows while leveraging data. Learn more ยป

  • D-Wave Quantum, a leader in quantum computing, announced a collaboration with Switzerlandโ€™s UptownBasel to accelerate understanding and adoption of quantum technology. Learn more ยป

  • SHARC Energy, a wastewater energy transfer company, has agreed to provide five SHARC Systems for the False Creek Neighbourhood Energy Utility expansion. Learn more ยป

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Partner message from Monstarlabโ€™s Christian Nielsen: Seven guiding principles for effective digital transformation

๐Ÿ—ž๏ธ In other news

  • William Johnson, founder and general manager of Vancouver Tech Journal, was featured in the Vancouver Economic Commissionโ€™s most-read blog post of 2022 about 23 Black leaders in the city. Learn more ยป

  • Klue was featured as one of 20 Canadian AI companies to watch in 2023, as noted by the Vector Institute in its inaugural VectorAI20. Vector Institute ยป

  • Nuclear fusion energy could change the future of clean energy and Vancouverโ€™s General Fusion is at the forefront of it. Global News ยป

  • Foresight Canadaโ€™s winter acceleration cohorts are open for Canadian cleantech ventures. Applications are due as early as January 5. Learn more ยป

  • Ocean Legacy began producing the first commercially available plastic pellet in North America, made from 100 percent recycled ocean plastics. Entrevestor ยป

  • Verdi, a Vancouver-based agtech startup, won the pitch competition at the 2022 Irrigation Show in Las Vegas. Irrigation Today ยป

  • For more news and our daily coverage, become a Vancouver Tech Journal member ยป

๐Ÿ’ผ Take your career to the next level

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The party of the year at Victoriaโ€™s Fairmont Empress

A simple soiree wonโ€™t do this time around. Instead, think bigger: ring in the New Year with a grand celebration. Guests can expect a night of live music, DJs, dining, dancing, and decadence.

๐Ÿ’ก Ideas and insights

๐Ÿ‘‹ Before you goโ€ฆ

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  2. Think about becoming a member!

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