Stuart Lombard, Ecobee founding CEO and president, announces retirement
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Ecobee’s Stuart Lombard retires, AI “godfathers” sign new policy letter

Plus: Wealthsimple’s CCO says a “lack of political will” harming FinTech innovation. Welcome to BetaKit’s startup stories of the week! Here, you will find…

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FinTech startup Peloton Technologies announces acquisition of KIS Payments
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FinTech startup Peloton Technologies announces acquisition of KIS Payments

The deal comes almost four months after Peloton received $1.5M from PacifiCan. Victoria-based FinTech startup Peloton Technologies has announced the acquisition of Nanaimo, British…

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Vancouver Port - Unsplash
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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. The Pacific Economic Development Agency of Canada (PacifiCan) is investing $9.9…

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Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
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Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots

Construction-vehicle company Caterpillar’s venture arm joined the round. Vancouver-based Novarc Technologies, which specializes in automated welding equipment using artificial intelligence (AI), announced it has…

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Porta pizza
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R|T: The Retail Times – Uber, DoorDash, Grubhub sue NYC over minimum pay law

Plus: Italian food service Porta raises $10.5M to fill a General Assembly-sized hole. The Retail Times is a weekly newsletter covering retail tech news…

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PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects
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PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects

Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization. Through its Pacific Economic Development Agency of Canada (PacifiCan), the federal government…

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Coheres three co founders posing for a picture
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Three Canadian cities ranked in the global top 50 startup ecosystems

Plus: Led by ex-Google researchers, OpenAI rival Cohere secures $270M. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s…

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First Nations Technology Council
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PacifiCan invests over $4 million into Indigenous-led clean energy, tech upskilling projects

First Nations Technology Council, BC Indigenous Clean Energy Initiative secure funding. The Pacific Economic Development Agency of Canada (PacifiCan) is investing over $4…

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BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
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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. Ten tech companies and organizations based in Vancouver are receiving a cumulative $25.7…

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HTEC
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BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds

The four recipients operate in the life sciences, cleantech, and digital sectors. Through the regional development agency Pacific Economic Development Agency of Canada (PacifiCan),…

Continue Reading BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds