Spring Impact Capital launches $20-million fund to back cleantech, healthtech startups
New impact fund sprung out of Spring to focus on “human and planetary health.”
British Columbia
HS GovTech Solutions acquired by Banneker Partners
HS GovTech is the latest Canadian tech company delisting from public exchanges.
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures
These startups, VC firms align with InBC’s “triple bottom line approach.”
TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots
Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
FinTech startup Peloton Technologies announces acquisition of KIS Payments
The deal comes almost four months after Peloton received $1.5M from PacifiCan.
PacifiCan invests $9.9 million CAD into Innovate BC’s cleantech adoption initiative
The Integrated Marketplace links local tech companies to industry partners looking to decarbonize.
Conexus, Emmertech alum Sean O’Connor joins TechBrew Robotics as CEO
TechBrew is an Emmertech portfolio firm that builds mushroom-picking robots.
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion
Squamish cleantech startup latest to be attracted by US green tax credits, incentives.
Venture funding in Toronto, British Columbia rebounds in second quarter of 2023
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
Meet BC Tech’s first Innovators Hall of Fame inductees
Honourees include leaders from BC Tech Association, CIBC, D-Wave.