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Databricks opens Vancouver R&D centre as data giant anticipates $100-billion USD valuation New hub will be led by Ken Wong, who founded Vancouver startup Datajoy.

Databricks opens Vancouver R&D centre as data giant anticipates $100-billion USD valuation. #YVRtech

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Yaletown Partners raises $100 million in first close for third Innovation Growth Fund Vancouver VC firm is targeting a final close totalling $250 million within the next year.

Yaletown Partners has raised $100 million in first close of its third Innovation Growth Fund. #VC #YVRtech

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Eyam Health strikes partnership with Swiss non-profit to develop one-dollar malaria treatment Eyam claims its AI drug discovery and delivery platform can develop treatment at less than half the usual cost.

Eyam Health strikes partnership with Swiss non-profit Medicines for Malaria Venture to develop one-dollar malaria treatment. #YVRtech

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Quandri secures $16.5 million CAD to help insurance firms automate renewals with AI Vancouver insurtech startup Quandri has secured $12 million USD ($16.5 million CAD) in fresh financing to scale its AI platform for the insurance industry.

Vancouver-based #insurtech startup Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with #AI. #YVRtech

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Klue lays off 40 percent of staff as startup faces internal and external AI pressure | BetaKit Vancouver-based Klue has slashed 40 percent of its workforce as it contends with growing competition from businesses experimenting with AI internally, BetaKit has learned

Vancouver-based Klue has slashed just over 40 percent of its workforce as it contends with growing competition from businesses experimenting with #AI internally. #YVRtech #CDNtech

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Former Graphite Ventures analyst to launch new Vancouver incubator Althra This fall, Vancouver is gaining a new incubator for generalist technology startups called Althra, which has just opened applications for its first cohort.

Former Graphite Ventures analyst to launch new Vancouver incubator Althra. #YVRtech #CDNtech

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Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady | BetaKit Startup Genome’s latest global startup ecosystem rankings say some of Canada’s largest tech hubs have lost ground since last year while others are hanging on.

This year's Startup Genome global ecosystem rankings found weak startup funding to be a common denominator across #CDNtech hubs.

Find out which cities stayed strong, and which have lost ground since last year. #MTLtech #ottcity #YYCtech #YVRtech #KWtech

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Fispan continues industry trend of secondary-heavy deals with Series B round Vancouver-based embedded banking startup says it’s bringing in $34 million annually.

Vancouver-based Fispan continues industry trend of secondary-heavy deals with $41-million Series B round. #YVRtech #fintech

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Women-led startups sweep Pitch competition at Web Summit Early-stage sustainability startup Lite-1 edged out Glüxkind and Vodasafe.

Women-led startups sweep first Pitch competition on stage at #WebSummitVancouver. #YVRtech

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UrbanLogiq wants governments to rely on its AI-powered insights Startup partners with engineering, IT firms WSP and Cubic to source private-sector data for government clients.

UrbanLogiq wants governments to rely on its #AI-powered insights. #YVRtech

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“The energy is here”: local leaders call Web Summit Vancouver’s scaled-back debut a success | BetaKit Web Summit lands smoothly on the West Coast as attendees offer ideas for how it could grow.

“The energy is here”: local leaders call #WebSummitVancouver’s scaled-back debut a success. #YVRtech

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Student entrepreneurs and Canadian tech leaders talk inflection points at Cansbridge event Student entrepreneurs and Canadian tech leaders shared stories about personal inflection points: when and why they decided to dream bigger and take greater risks.

Student entrepreneurs and #CDNtech leaders talk inflection points at Cansbridge Fellowship Story Night event. #WebSummitVancouver #YVRtech

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Web Summit Vancouver’s kickoff offers thoughtful critiques and alternatives to current tech Gary Marcus and Bluesky CEO Jay Graber discuss the limitations of LLMs and the future of the open web as Web Summit’s first West Coast edition kicks off.

As the first #WebSummitVancouver kicks off, @garymarcus.bsky.social‬ and @bsky.app CEO @jay.bsky.team‬ discuss LLMs and the open web. #YVRtech #CDNtech

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At Web Summit Vancouver, BC wants to let the world know its cleantech hub is open for business BetaKit hitched a ride on an electric bus and checked in with industry leaders on the state of BC cleantech, how they are feeling about Web Summit Vancouver, and shifting market conditions.

BetaKit jumped on an electric bus to tour BC’s #cleantech sector ahead of Web Summit Vancouver. Come along for the ride. #YVRtech #BCtech

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PacifiCan tops up Innovate BC initiative with $1.8 million for AI projects Funding to support local AI testbeds at Vancouver International Airport and Provincial Health Services Authority.

PacifiCan tops up Innovate BC initiative with $1.8 million for #AI projects. #YVRtech

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Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing TCV and other US-based private equity firms to snatch up $500 million in Jane shares.

Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing. #YVRtech

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Rival Technologies parent and Angus Reid Group to join in Canadian market research merger Rival Group, the parent of Rival Technologies and Reach3 Insights, has struck a deal to merge with fellow Vancouver-based market research firm Angus Reid Group.

Vancouver-based Rival Technologies’ parent company and Angus Reid Group to join forces in Canadian market research merger. #YVRtech #CDNtech

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Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation Vancouver-based startup has more than doubled its team size over the past year.

Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation. #YVRtech

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Tentree spinout Veritree nabs $9.1-million Series A to help firms with tree-planting projects Three years after spinning out of Tentree, Vancouver-based cleantech startup Veritree has surpassed 100 million trees pledged through its software.

Vancouver-based #cleantech startup and Tentree spinout Veritree has announced a $9.1-million CAD Series A to help companies manage nature restoration projects. #YVRtech #CDNtech

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Unblocked raises $27.5 million Series A to make sure developers actually understand their code Unblocked looks to bridge the knowledge gap as AI-generated code becomes commonplace.

Unblocked raises $27.5 million Series A to make sure developers actually understand their code. #YVRtech #CDNtech

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Vancouver byelection result threatens mayor’s “Bitcoin-friendly city” brand | BetaKit After a recent byelection loss, does Mayor Ken Sim still consider Bitcoin a “hill worth dying on?”

Vancouver byelection result threatens mayor’s “#Bitcoin-friendly city” brand. #YVRtech #BCpoli

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Reusables looks to help cafeterias scrap single-use containers with $3.6-million seed round Co-founder Anastasia Kiku claims Reusables’ university clients reuse over 500,000 containers in just two semesters.

Vancouver-based Reusables looks to help cafeterias scrap single-use containers with $3.6-million seed round. #YVRtech #CDNtech

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Trulioo sees “significant growth” in Asia-Pacific region soon after entering market | BetaKit Identity tech company rode a wave of demand from online stores and FinTech firms.

Vancouver-based identity verification tech company Trulioo sees “significant growth” in Asia-Pacific region soon after entering market. #YVRtech #CDNtech

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TruthSayer claims its AI “Hedge Fund-in-a-Box” is cheaper, smarter alternative for investments TruthSayer AI has launched an “AI Hedge-Fund-in-a-Box” service to provide quantitative investment strategies to retail investors, small hedge funds, and family offices.

Vancouver-based TruthSayer claims its #AI “Hedge Fund-in-a-Box” is a cheaper, smarter alternative for investments. #YVRtech #CDNtech

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Missed it by that much: Well Health falls just shy of $1-billion revenue mark in 2024 earnings Well Health would have achieved a major financial milestone in 2024 if it weren’t for two key factors, the company said in an earnings statement.

Missed it by that much: Vancouver-based #healthtech firm Well Health falls just short of $1-billion revenue mark in 2024 earnings. $WELL #YVRtech #CDNtech

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Vancouver-based CO280 strikes 12-year carbon removal deal with Microsoft | BetaKit The agreement will turn paper mills into carbon removal hubs.

Vancouver-based CO280 strikes 12-year carbon removal deal with Microsoft. #YVRtech #CDNtech

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Corinex secures $42 million CAD to continue its European expansion Corinex’s sensors and software help utilities providers monitor their power grids.

Corinex secures $42 million CAD to continue its European expansion. #YVRtech

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Trulioo taps former Nuvei exec Vicky Bindra to take over for retiring CEO Steve Munford Munford, who led the company to unicorn status, will work with Bindra to ensure a smooth transition.

Trulioo taps former Nuvei exec Vicky Bindra to take over for retiring CEO Steve Munford. #YVRtech

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Fractional real estate investment platform Addy becomes exempt market dealer after fine for regulation violation Startup paid $100,000 fine for trading approximately $26 million of securities while unregistered.

Fractional real estate investment platform Addy becomes exempt market dealer after BCSC fine. #YVRtech

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As online threats get worse, Styx raises $2.7 million for digital risk protection platform Vancouver-based cybersecurity startup Styx Intelligence has secured $2.7 million CAD in seed funding to help organizations address online threats to their brands and safeguard their digital presence.

As online threats get worse, Vancouver-based #cybersecurity software startup Styx Intelligence raises $2.7 million for digital risk protection platform. #YVRtech #BCtech

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