For Nexii, $1B + $45M = $2B
🏗️ What the building tech unicorn's latest round of funding says about its growth. Welcome to the Sunday Briefing.
Hey everyone. We’ve got a jam-packed week ahead. And I’m so busy preparing for it that I don’t have time to make this introduction interesting. So, let’s just look at what we’ve got coming up:
July 19: #vtjtalks: Scaling World-class Products & Teams with Later.com and MyFO Tech | Afterparty sponsored by Float
July 20: Tech Photo Studio | Your chance to get new, high-quality headshots
July 27: Ask the Experts: An in-person crash course on Web3, NFTs & more
Now onto today’s briefing. It’s 977 words, a 3 & 1/2-minute read.
Nexii is worth $2B-plus after raising $45M
The construction tech firm said it would use the funds to grow its manufacturing capabilities. » Start reading.
10 local innovators named EY Entrepreneur of The Year 2022 Pacific winners
Meet the local leaders recognized for business acumen and building communities. » Start reading.
B.C.’s top 8 life sciences innovators for 2022
The 24th annual Life Sciences BC award winners have been revealed. » Get the full story.
Inside Hootsuite’s rebrand and refocus
The Vancouver tech OG wants you to know it does more than just schedule tweets. » Start reading.
Tech hiring that works for your hiring budget 👨💻
What’s the secret hack to staying competitive and building great products? Hiring global tech talent.
🤝 Funding and deals
Dapper Labs co-led a $3 million seed round for blockchain-based gaming company, Crypthulhu Studios. » VentureBeat.
Tribe Property Technologies Inc. has agreed to acquire a portfolio of strata property management assets from Martello Property Services Inc. » Continue.
Enwave, an energy tech company, signed a technology and evaluation license option agreement with Bounty Fresh Group of the Philippines. » Continue.
Apply Digital, a product innovation company, acquired Chile-based Reign, and will now have over 450 employees based in eight global offices across Canada, the US, Mexico, Chile, and the Netherlands. » Details.
NFT Tech, a company specializing in decentralized ownership, NFTs, and the metaverse for public markets, acquired Run It Wild, a multidisciplinary blockchain, metaverse and NFT development studio, and named Run It Wild’s Adam De Cata as its new CEO. » Continue.
Two local sustainability startups linked up: Nada acquired Jarr to expand its package-free delivery services. » Continue.
Federal funding is coming to a pair of organizations innovating child care: UBC is receiving $1,294,439 over 24 months for its PROmoting Early Childhood Outside project while the Mothers Matter Centre is receiving $2,374,455 over 24 months for its Safe-space for Early Learning Foundation project. » Continue.
Looking for Victoria tech news? Then subscribe to our Victoria Tech Journal for the best tech and innovation stories and can't-miss links from around the South Island, every Sunday and Thursday: www.victechjournal.com
🗞️ In other news
VTJ contributor Erin Gee spoke to MP Michelle Rempel Garner about regulating crypto, from C-249 to how the federal government can use Web3 for service delivery. » d3crypto.
Vancouver startups Mintlist (auto marketplace) and Miru (electrochromic windows) were selected for the Google for Startups Accelerator Canada Class of 2022. » Continue.
General Fusion has tapped its CFO Greg Twinney to be its new CEO. » GeekWire.
Joshua Jackson has been appointed interim CEO of entertainment company Liquid Media. » Continue.
Wil Lee, creator of the littles NFT project is working with Pablo Stanley, TIME Studios and Nelvana on two new animated kids’ series. » Animation Magazine.
Vancouver-based NFT artist Victor Mosquera is featured in a piece titled “When will the NFT bubble burst?” » Macleans.
After 10 years in the role, Denise Williams is stepping down as CEO of the First Nations Technology Council. » Continue.
Cymax Group Technologies announced the promotion of Brad Kent to CTO, hired Mike Herenberg as COO, and Travis Huff joined as VP of sales for Freight Club, the company's proprietary end-to-end freight shipping platform. » Continue.
Handol Kim of Variational AI on the future of artificial intelligence. » Authority Magazine.
Formula E is now eyeing 2024 for a Vancouver stop according to the racing organization’s CEO. » Autoweek.
Despite recent layoffs, tech talent is still in high demand across the country. » The Globe and Mail.
YVR is implementing cloud-based technology to streamline how passengers navigate the airport. » Airport World.
💡 Ideas and insights
Ali Adab, chief content officer at SoleSavy and managing partner at Fetti, recently joined the Creator Upload podcast to talk about all things sneakers, creators, and web3. » Listen now.
Michelle Morgan, director at Titan Technology Group, writing on her firm’s blog: Keeping up with Crypto from a Recordkeeping Perspective
Ryan Wong, CEO of Visier, writing in Forbes: Workers Want To Talk About Salary—Here’s Why Employers Should, Too
Chris Neumann, general partner at Panache, writing on his blog: How to lose credibility in 5 easy steps
Ian Vanagas, writing on the Codex blog: Put Information Where Developers Want It
Martin Ambrozic, machine learning software engineer at Invoke, writing in What Comes Next: 6 Ways You Can Plan For A Successful NFT Launch
Diego Rios, founder at Vvery, writing on LinkedIn: Which brand will be #1 in web3 in 2-3 years: Doodles or RTFKT
Jeanette Jackson, CEO of Foresight Canada, joined the Future Skills Centre podcast to discuss the skills needed to work in the clean economy. » Listen Now.
Frans Tjallingii, CEO and co-founder of 7Gen, joined the BIV Today podcast to talk about his company’s recent raise and challenges within the EV industry. » Listen Now.
👋🏾 Before you go…
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