Discover more from Vancouver Tech Journal
🏙️ $20M for Burnaby businesses
Plus, learn about major announcements from anchor companies Absolute Software, General Fusion, and Science World.
A short week means less news, right? Not for Vancouver tech.
This week, local anchor company Absolute Software was officially acquired by Crosspoint Capital, General Fusion received $33.5 million in a series F round to build a new fusion reactor new YVR airport, and the Government of Canada announced $20.8 million in funding for Burnaby businesses. All that to say: local companies are on the grind, and don’t let up after a long weekend.
Oh — and Vancouver Tech Journal is making moves too. We’re bringing an incredible guest to town next month that we can’t wait to reveal to you. Stay tuned in the next couple of weeks for a very special announcement.
Now onto today’s briefing. It’s 1,208 words: a four-minute read.
P.S. We’re back on Tuesday for our Vancouver Tech Morning Coffee. Join us and your community at the Coffee Bar in Gastown (10 Water Street) from 8:00 to 10:00 a.m.
The company has raised $33.5 million to fund the machine, which it hopes will produce more energy than is consumed for the reaction by 2026.
Metro Vancouver is known as the Silicon Valley for hydrogen fuel cells. But with stiff international competition for customers, the advantage could be Vancouver’s to lose.
The link-up taps into Tabit’s buy now, pay later solution.
Helping innovators and changemakers tell their stories
Switchboard Public Relations – an Earnscliffe Strategies company works with some of the most progressive and innovative teams in the tech sector.
Tech leaders know their products and services are brilliant, but sometimes need help explaining why they matter and how they will create positive change. Switchboard communicates game-changing ideas to target audiences in a way that’s accessible and exciting.
Is your team on a mission to disrupt the status quo? See how the country’s top tech PR firm can help you.
🤝 Funding and deals
The Government of Canada, via PacifiCan, announced over $20.8 million for businesses and organizations in Burnaby to expand operations and create jobs.
PressReader, a platform to read newspapers and magazines, announced a partnership with Gannett to expand USA Today’s global audience.
For all the local funding news, become a Vancouver Tech Journal member »
The Metro Vancouver Region’s “Untapped” Opportunity
Recent dry conditions and unprecedented heat waves in Metro Vancouver and beyond highlight the need for innovation in industries such as water tech, a hidden gem of the region’s clean tech sector.
Read Invest Vancouver’s research for an overview of the sector and recommendations for capitalizing on this untapped opportunity.
🗞️ In other news
Vancouver-based Web3 company Ethos announced an integration with Shopify.
Ballard, the local fuel cell leader, is working with Ford Trucks to bring its innovations under the hood of the automotive juggernaut’s offerings.
Cascadia Daily News took a deep dive into Richmond-based Nature’s Path Organic Foods.
For all local news and our daily coverage, become a Vancouver Tech Journal member »
Webinar: Working for a US Company? Relocate to Canada with VanHack
Hosted by VanHack CEO Ilya Brotzky, this upcoming webinar will explain how the process works and what you need to do to be eligible for it.
How the visa process works and what is needed
How to present this program to your U.S. employer
What is required from you and the U.S. company
Join VanHack on the webinar to get all your questions answered. Register now.
💡 Ideas and insights
Darrell Kopke, executive director at Creative Destruction Lab Vancouver, joined Launch Academy’s Ask Me Anything podcast to discuss social impact in marketing and the philosophy of "stretchy pants" in entrepreneurship.
Get your company in front of 24,000+ Vancouver tech professionals
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Did you know you can connect with your tech community using our dedicated VTJ Slack? We know not all of you can get to our events in person, so this is your chance to network and chat with your friendly neighbourhood tech professionals from the comfort of your home. Join your VTJ Community Slack now.