🏙️ A big week for biotech

A short week, but a rollercoaster of news. This is your Sunday Briefing.

Last Tuesday at our latest #vtjtalks event Inside InBC, the Province's $500M Strategic Investment Fund — I met someone who was new to the local tech scene. They asked me whether there is really enough tech in Vancouver to warrant a Vancouver Tech Journal.

If we were having that conversation today, they would have seen just how much the region punches above its weight for news. In the past week alone, we covered one of the biggest investments in local biotech in recent years, broke news of layoffs in the gaming industry, reported on the homecoming of a fintech startup, and profiled the seed raise of a local AI company, led by Google Ventures.

We stay abreast of the latest in tech news, so you don’t have to. From AI robots to behind-the-scenes of acquisitions, you can count on VTJ to figure out how global trends will affect Vancouver tech, unpack the city’s up-and-coming startups, as well as build community at our in-person events.

So to answer that attendee’s question — there’s more than enough tech news to keep us busy. And it’s only thanks to the support of our members that we can cover it all.

Now onto today’s briefing. It’s 744 words: a three-minute read.

-Allison, @allisongacad

P.S. This Tuesday from 8:00 to 10:00 a.m., join us for our weekly Vancouver Tech Morning coffee at The Coffee Bar in Gastown (10 Water Street). It’s free! Register here »

P.P.S Thanks to our new members Iris, David, Marja, and more who joined us this week. Be like them and enjoy the perks of VTJ membership too.

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AbCellera, with the Provincial and Federal governments, announces $701M investment in local life sciences infrastructure

The Provincial government is chipping in $75 million, one of its largest biotech investments in history. Start reading »

How tech will influence marketing in the next year

Three Canadian marketing leaders dive into what skills will be required for marketers with the rise of tools like generative AI and digital analytics. Start reading »

Sanctuary AI is one step closer to building human-like robots

The company unveiled its sixth-generation machine, as well as a new proprietary AI tech to power it. Start reading »

Relic Entertainment lays off 121 employees

Read our top member briefing from last week. Members only. Get started »

🤝 Funding and deals

  • NuriFlex Holdings has signed a memorandum of understanding with AhnLab Blockchain Company to collaborate on metaverse project NuriTopia and its associated Web3 wallet. Learn more »

  • Output, an innovation accelerator for businesses, announced that it has partnered with U.S.-based consultancy Arizona Bay to offer services for technology-driven corporate clients. Learn more »

  • Healthtech ventures DrFirst Healthcare Innovations and Applied Robotics have partnered to use an AI solution to streamline faxed prescriptions, used by several hundred pharmacies in Canada. Learn more »

  • For all the local funding news, become a Vancouver Tech Journal member »

Second-hand marketplace with smart contract payments launches in beta

eShopCrypto uses blockchain to verify important parts of the sales process such as depositing funds or shipping an item, so buyers and sellers can shop with trust. Start reading »

🗞️ In other news

  • NFT Tech, a Web3 venture, announced that its studio, Run It Wild, was awarded the Blockchain, NFT, and Web3 Tech of the Year award at the recent Sports Technology Awards. Continue »

  • Premier David Eby and Minister Brenda Bailey visited the Burnaby headquarters of D-Wave Quantum to celebrate breakthroughs in quantum computing. Continue »

  • Form, a wearable tech company, won Wearable of the Year at the 2023 Sports Technology Awards and the iF Design Award 2023 for Product UX for its smart swim goggles. Read more »

  • DigiBC, the provincial creative tech industry association, is running an online video game development coding camp for girls aged 8 to 13, to be held over the summer. Learn more »

  • Hootsuite launched Inbox, a centralized platform for social media marketers to manage direct messages. Learn more »

  • For all local news and our daily coverage, become a Vancouver Tech Journal member »

🎁 Featured VTJ Membership Perk

This week: Newsly

Newsly is an audio news and content mobile application reads the web’s top trending articles in a natural-sounding human voice.

- Vancouver Tech Journal members receive a 30-day free trial of Newsly Premium.

Contact [email protected] to redeem your perks or learn more about VTJ membership.

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Visit hy-fcell Canada on June 5 to 7, 2023 at the Vancouver Convention Centre to discuss the latest developments and innovations for clean energy with hydrogen and fuel cells.

Get a free Two-Day Expo ticket with coupon code WELCOME40.

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💡 Ideas and insights

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