Morning everyone,
If you're still recovering from Vancouver Startup Week, you might want to prepare yourself — Web Summit is less than two weeks away. We sat down with Jason Tse, Web Summit's new Deputy Country Manager for Canada, to talk about what the event means for Vancouver, how to make the most of the experience, and why he thinks the Canadian brand has never been stronger.
It was also a busy week across the ecosystem — catch up on everything below.
From The Journal
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Funding, Deals, and More
InBC has invested in Coquitlam-based Photonic Inc., backing the quantum computing company's mission to build the world's first commercial-scale, fault-tolerant quantum computer. Read more →
Vancouver-based Arca has announced a collaboration with carbon market firm Carbon Direct to bring its Industrial Mineralization technology to scale, building on a successful pilot with BHP and a 10-year carbon removal agreement with Microsoft. Read more →
London, Ontario's Appetronix has acquired Vancouver's Cibotica, picking up the startup's automated bowl and salad assembly technology to expand its robotic kitchen offering beyond pizza into new cuisine formats. Read more →
Spots in Portfolio.YVR's Web Summit Special Edition are limited. Business leaders who secure their 10-page feature now arrive primed, published, and ahead of the competition. The plane boards soon — don't leave your visibility on the runway! Read more →*
*Sponsored listing
In Other News
Vancouver-based Avax One, a publicly-traded cryptocurrency treasury company, has signed a letter of intent to develop a $30–35 million USD natural gas-powered AI data centre near Calgary — the latest in a series of strategic pivots for the company. Read more →
Small business platform Xero has announced a new North America Product & Tech Hub in Vancouver, expanding its engineering presence in the city to advance its AI roadmap and core accounting products. Read more →
CBC Vancouver's Justin McElroy highlights how Vancouver city staff say it will take nearly a year to act on a council request to stop posting meeting information exclusively to X — a window, McElroy argues, into the default assumptions of government bureaucracy. Read more →
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