Venture News

UBC wearable technology could change the way athletes train

UBC wearable technology could change the way athletes train

Going for the gold is what the Olympics is all about and three UBC entrepreneurs are working to help athletes get closer to the podium. Kevin Reilly and Behnam Molavi—both PhD engineering graduates from UBC—and sports physician Babak Shadgan have designed a smart garment capable of monitoring vital performance metrics through sensors and software embedded […]

B.C. firm tackles ethical challenges of artificial intelligence

B.C. firm tackles ethical challenges of artificial intelligence

You might trust a computer with your finances, but would you trust it with your personal safety? What about your public image? Or your career? These were the debates rattling through a client’s boardroom before consulting firm Generation R Consulting was commissioned to develop artificial intelligence (AI) ethics guidelines for new software. “Because the word […]

Iris Automation Lands $8 Million Series A Investment

Iris Automation Lands $8 Million Series A Investment

Original article from TechCrunch  Iris Automation has announced an $8 million USD Series A financing round. The Vancouver-founded company, now based in San Francisco, is a leading provider of collision avoidance systems for commercial drones. This recent round of funding was led by Bessemer Venture Partners with participation from Bee Partners. Bessemer partner David Cowan will […]

CannaRoyalty Investee, Anandia Labs, Closes $13.4 Million Financing

CannaRoyalty Investee, Anandia Labs, Closes $13.4 Million Financing

Ottawa, Canada – January 16, 2018 – CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) (“CannaRoyalty” or the “Company”), an active investor and operator in the legal cannabis industry, is pleased to announce that one of its investee companies, Anandia Laboratories Inc. (“Anandia Labs”), has closed a private placement financing (the “Financing”) of $13.4 million at a post-money […]

Acuva Technologies Inc. Closes CDN$2.6 Million Series A Growth Financing, Begins Mass Production of Global Drinking Water Purification Technology

Acuva Technologies Inc. Closes CDN$2.6 Million Series A Growth Financing, Begins Mass Production of Global Drinking Water Purification Technology

VANCOUVER, BC–(Marketwired – January 09, 2018) - Acuva Technologies Inc. (“Acuva” or “the Company”) today announced the closing of a CDN$2.6M Series A financing with a syndicate of Canadian angel investors to deliver the Company’s innovative drinking water purification systems to global consumers. “Acuva’s water purification systems are quickly gaining traction in the North American recreational […]

Olympian braces himself for a new career

Olympian braces himself for a new career

Originally posted from NS News Olympian Scott Morgan is embracing his next career move. The world-class gymnast won’t be letting go of the rings just yet but Morgan, 28, is making sure he has solid ground to land on. Morgan has earned some hefty hardware and accolades since arriving in the professional sporting arena, including […]

Vesalius Cardiovascular Wins First Place at 2017 Cascadia Venture Forum Summit

Vesalius Cardiovascular Wins First Place at 2017 Cascadia Venture Forum Summit

Biomedical startup, Vesalius Cardiovascular, wins first place at the 2017 Cascadia Venture Forum Summit November 28, 2017 (Vancouver, BC) - Vesalius Cardiovascular won the top prize at the annual Cascadia Venture Forum (CVF) Summit,  hosted at Cambia Grove in Seattle on November 15, 2017. The CVF is a premier early stage (Seed and Series A) investment forum […]

Head of Iris R&D Recognized as MIT Innovator Under 35

Head of Iris R&D Recognized as MIT Innovator Under 35

Iris Automation would like to congratulate our own Dr. Alejando Galindo, Head of Research and Development, for being named one of the MIT Technology Review’s 2017 Innovators Under 35! Reproduced from the MIT Technology Review. Drones are on fashion. A few years ago, no one would have thought that these small flying machines would be able […]

Never get caught in the rain with a new umbrella rental scheme in Vancouver

Never get caught in the rain with a new umbrella rental scheme in Vancouver

Original article from Lonely Planet Locals and visitors in Western Canada’s biggest metropolis will be able to sidestep rainy-day soakings after a homegrown umbrella share scheme expands into downtown Vancouver. Operating on the city’s University of British Columbia campus since 2015, UmbraCity is unfurling its handy hire-out brolly service via 20 city centre automated kiosks this winter. “Umbrellas are often […]

15 UBC-sponsored companies try to snag investments through elevator pitches

Original article from BC Business Startups made 30-second speeches to a crowd of venture capitalists and investors At first it was tough to get the crowd quiet at the inaugural Pitches and Pitchers (it was hosted at a bar, get it?) event on November 22. But once people settled down, organizers had no problem getting them to […]