Volta Air wins $110,000 grand prize at Innovate BC-New Ventures competition

volta

Richmond-based Volta Air, which develops electric and zero-emission transport refrigeration units for delivery use, received the grand prize of $110,000 at the Innovate BC-New Ventures Competition.

The competition saw 10 finalists pitching for the chance to win a total of $275,000 in prizes.

The competition saw 10 finalists pitching for the chance to win a total of $275,000 in prizes. Nelson’s Cyberdontics, which develops technology that automates shaping teeth to accept dental crowns, received the second-place $60,000 prize package. Vancouver’s Medimap, which allows users to check wait times for local walk-in clinics, received the $35,000 prize package.

“Congratulations to all of the award winners and nominees. Every year, the Innovate BC-New Ventures Competition showcases the best and brightest new startups in BC,” said Bruce Ralston, BC’s Minister of Jobs, Trade and Technology. “This year, the tradition continued with an impressive list of competition graduates who are on the pathway to bringing their ideas to the next level and further elevating BC as a leader in innovation.”

The Innovate BC-New Ventures Competition also awards industry-specific packages, recognizing startups for their commitment to innovation in specific sectors and markets. The winners are:

  • CRM GeoTomography ($20,000 BC Resource Industry prize package): offers 3D imaging and monitoring technology with applications in multiple markets, including helping exploration geologists reduce cost and waste.
  • Careteam Technologies ($17,000 Vancity Social Venture prize package): a platform that helps patients, families, and healthcare providers collaborate on healthcare as a team.
  • Quupe ($6,000 BC Tech Association Growth Programs prize package): a sharing economy platform that allows users to rent items from locals.
  • Cyberdontics received the $10,000 Innovate BC Top Regional Startup prize package, and $15,000 CDRD Life Sciences prize package.
  • “We are extremely excited to be celebrating our 10th year as title sponsor of this incredible competition,” said Innovate BC President and CEO, Shirley Vickers. “Year after year, this competition attracts entrepreneurs from a wide range of industries and continues to recognize companies that are creating innovative tech solutions all over British Columbia.”

    Jessica Galang

    Jessica Galang

    Jessica Galang is BetaKit's News Editor. Follow her on Twitter @jessicagalangg or send her pitches to jessica.galang@betakit.com.