Strike one, strike two—then this startup was in
Welcome to the Sunday Briefing.
Good morning everyone! Have you checked out the weather forecast for this week? In Vancouver, we’re getting rain. A lot of it. So much of it that we’ve decided to change the location for this week’s morning coffee meetup. If you want to join us this, we’ll be meeting between 8am-10am at The Coffee Bar at 10 Water St. in Gastown. Oh, you want weekly reminders? Sign-up here.
Today’s Sunday Briefing is 1,349 words, a 4-minute read. Enjoy!
Top & Exclusive Stories
Learn how on the third attempt, this two-year-old startup breached the virtual walls of the world's top Silicon Valley-based accelerator. »» Keep reading.
A close look at the company’s Conversion Intelligence Platform, a secret weapon for SMB marketers to convert more and level-up business growth. »» Keep reading.
Inside the unique approach of his VC firm and latest breakthrough technology venture. »» Keep reading.
The fastest-growing companies in BC represent a wide range of industries, including many in technology. Vancouver is BC's most-represented city with 36 companies on the list; Victoria is second with five businesses. »» Keep reading.
⏩ Quick takes.
🦉 Tweet, tweet: Hootsuite was one of seven companies selected to join Twitter’s Official Partner Program.
💰 Get that bag: Win up to $200,000 in prizes this October at AInBC's National AI Showcase.
🌠 Lonely at the top: Apollo Insurance was the sole Vancouver company on LinkedIn’s Top Startups of 2021 list.
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🤝 Funding and deals.
Dapper Labs announced that it raised CAD$320 million (US$250M) in new funding, valuing the company at ~CAD$9.6B (or 1/4 of Telus). The company also announced a partnership with Spain’s LaLiga, which will bring digital collectibles to fans of teams like Barcelona, Atlético Madrid and Real Madrid. » Get more details that matter.
First Fund launched last year with $4 million focused on backing pre-seed stage tech companies across Canada, and it recently closed an additional $6 million with hopes to back 100 Canadian startups by 2022 and 1,000 by 2023.
WELL Health has agreed to acquire Aware MD, Canada’s largest cardiology-specific outpatient EMR.
SMPL Oats has raised $1.3 million dollars in a private placement, its initial financing round.
Tribe Property Technologies Inc. has agreed to acquire Powder Highway Management Group’s Property Management Portfolio, including residential management contracts and employees in Revelstoke and Golden.
Edtech platform Thinkific launched the 'Thinkific Store on Fiverr', a marketplace designed to provide its course creators with access to digital freelancers key to building and scaling course-based businesses.
GenXys Health Care Systems, a precision prescribing company, announced a partnership with Helix, a population genomics company working at the intersection of clinical care, research, and genomics.
Immersive Tech has agreed to acquire all of the shares of Synthesis VR Inc., a leading location-based VR content store and technology engine empowering approximately 300 out-of-home entertainment locations worldwide.
💡 Ideas and insights.
Boris Wertz, Version One Ventures founding partner, writing on his firm’s blog: Resetting venture capital return expectations: is 10x the new 3x?
Jill Tipping, CEO of BC Tech, writing in Daily Hive: BC needs a modern approach to deal with economic change
Denise Mullen, director of environment, sustainability, and indigenous relations at the Business Council of BC, writing on her organization’s blog: A perspective on agriculture: how we feed ourselves
🗞️ In other news…
CIX Canadian Innovation Exchange announced the CIX TOP 20 Early and CIX TOP 10 Growth lists of innovative Canadian technology startups for the 2021 program—and seven BC startups made the cut. » Get the list.
Eight companies are competing for the Innovate BC Regional Start-up Prize in the 2021 New Ventures BC Competition including Victoria’s Axotl, Kelowna’s Happipad and North Saanich’s Locelle.
Vancouver is ranked 29th in Startup Genomes annual global startup ecosystem report, down four spots compared to 2020.
INETCO Systems Limited, which develops real-time payment fraud prevention, launched INETCO BullzAI, which combines an application layer firewall with a real-time payment fraud detection and blocking system.
AI-driven content manager Charli AI announced a new unified workspace for digital content and cloud apps alongside the expansion of its already 500+ app integration ecosystem powered by the Tray Platform.
👩💼 People going places.
Hootsuite welcomed Boston-based Tiziana Figliolia as its newest CFO, filling a role previously held by Greg Twinney. Most of Hootsuite’s executive team is now based in the United States.
Mirror, which was acquired by Lululemon last year for $500 million is looking for a new CEO, after a leaked memo revealed that its founder Brynn Putnam was stepping down, effective immediately.
Annika Lewis, an investor with Vanedge Capital, was profiled on the Ascend.vc blog.
Job Opportunities at Overstory Media Group
Vancouver Tech Journal is looking for an experienced salesperson to join our team as an Account Executive. Plus, Overstory Media Group, our parent organization, is hiring for more than 20 roles, including a Graphic Designer.
» Learn more here.
🌐 More BC tech headlines from around the web.
Greg Gunn and Commit in IT Business: Remote work is here to stay in the software and IT industry, says Commit
EV startup ElectraMeccanica in Business Insider: This startup's $18,000 electric car only has one seat. Its CEO told us why he thinks buyers will eat it up.
🎧 Watch + listen.
Keith Ippel, Spring Activator CEO, joined the Impact Investing Podcast to discuss the state of the impact investing space globally and in Canada, and what support early-stage social entrepreneurs need to scale their businesses.
Philippe Beaudoin, cofounder of Waverly and Element AI joined the AfternoonT podcast to discuss the business of AI, understanding the user, and great advice on how not to fal in love with your metrics.
Tim Brady, CEO of Colligo, joined the International Legal Technology Association discuss the ILTA Community, Colligo’s services, and more.
The CEOs of Audette, Open Ocean Robotics, and more, joined the Cleantech Talks podcast to discuss funding and investment strategies.
Jack Newton, CEO and founder of Clio, joined the TCV podcast to discuss why Clio invested in educating an industry that is known for slow adoption as they climbed to the top and became the market leader for cloud-based legal technology.
📅 Upcoming events.
Every Tuesday: Vancouver Tech Morning Coffee. Join the Vancouver Tech community for coffee from 8am-10am every Tuesday. If it’s sunny, meet at the Birds & The Beets (55 Powell St). If it’s rainy, meet at The Coffee Bar (10 Water St.). Sign-up for weekly reminders through this form.
The 2nd annual Entrepreneurship@UBC Immersion Week is happening online, Sept 27-Oct 1. This year's theme "Creating breakthrough ideas at the intersection: when diversity of thought, inclusive networks and equitable impact connect we find innovation" will bring together the UBC community, including students, researchers, faculty and entrepreneurs with our regional innovation ecosystem.
Have you heard? SAAS NORTH is back this November 17-18 in Ottawa. Early Bird tix are on until Oct 14 and you can save an additional 25% with the code VTJ25—run, don’t walk to grab your tickets: saasnorth.com/register-full