ChopValue raises $10.36 million CAD to globalize its chopstick-repurposing technology
The startup recently transformed its 100 millionth chopstick into new products.
Vancouver
LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps
VCs continue to bet on long-term growth for crypto despite volatile market.
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
Metaspectral selected to join South Australian government accelerator program
Its technology conducts AI-powered hyperspectral data analysis in real-time.
Canada Drives undergoing restructuring as it files for creditor protection
“The rising costs of holding inventory…has made this specific business model no longer viable.”
BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs
Over 500 jobs are expected to be created from the investment.
Amazon won’t confirm how many Canadians impacted by forthcoming 9,000 employee layoffs
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
Operto eyes bringing its electronic check-in and check-out experience to more hotels.
Applications now open for the 2023 New Ventures BC Competition
Participants stand to win over $250,000 in prizes.
Sanctuary marks first commercial test of “human-like” robots in Mark’s clothing store
The robot can pick and pack merchandise, fold, and label items among other tasks.
Zenhub closes $10 million to make platform for managing software projects more accessible
Yaletown-backed Zenhub aims to take the silos out of software development.
Yaletown Partners hits $200 million final close for Innovation Growth Fund II
Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging.
Fresh Prep acquires fellow Vancouver food delivery startup Peko
Fresh Prep says deal will help the sustainable meal kit company tackle food waste.
Hootsuite follows Twitter lead as company ditches free plans
Twitter eliminating free API access is expected to have wide-ranging implications.
Lighthouse Labs, TechNL each secure over $20 million in federal funding for tech upskilling programs
Two orgs aim to train thousands of students to meet tech sector talent demands.