🤑 $7.7M for this Burrata
Plus, $100,000 for a Chilean entrepreneur. Welcome to the Sunday Briefing.
Good morning everyone. You’re all invited to join me and Codex at the Homekey co-working space this Wednesday night. The occasion: A retrogaming and tech social hangout so we can all forget about the weather, play some Super Smash, and inevitably talk about "Web3." The goal is to bring the community together to celebrate the city's recent wins while trying not to fall off the rainbow road. There will be games, drinks thanks to Segev LLP, small bites, coffee and gelato thanks to Nespresso, and good times! Tickets are almost gone. » Register here.
Now, please enjoy today’s Sunday Briefing.
Top story: From Valparaíso to Vancouver
For Dr. Macarena Cataldo-Hernandez, co-founder of Viridis Research, the journey from Valparaíso to Vancouver was winding
Fresh off of winning Spring Activator’s $100,000 Fall Impact Investor Challenge, the entrepreneur from Chile walks us through the milestones that brought her here. » Start reading.
Burrata raises $7.7M seed round to bring Web2 data to Web3
Investors include giants Stripe and Variant, as well as Vancouver executives Roham Gharegozlou (Dapper Labs) and Ganesh Swami (Covalent). » Start reading.
Vancouver social enterprise Give + Share chosen for United Nations innovation project
For founder Stephanie Limage, it's the latest milestone in a career dedicated to bringing people and organizations together to create impact. » Start reading.
League of Innovators (LOI), one of Canada’s most active youth entrepreneurship accelerators, is getting a new leader
🤝 Funding and deals.
Hootsuite and a collective of local companies have raised and donated $1 million to the Canadian Red Cross in support of the British Columbia Floods & Extreme Weather Appeal. » Learn more.
Damon Motorcycles, an electric motorbike maker, revealed that it raised $38 million ($30M USD) in a Series B funding round led by House of Lithium and several strategic partners. » Read our story.
8 BC cleantech firms secured between $50k-$100k in seed funding from Sustainable Development Technology Canada as part of its Seed Fund Program. » Find out who.
TELUS announced the sale of its financial solutions business to Dye & Durham for $500 million. In addition, the two firms entered into an arrangement in which TELUS will be the preferred communications partner and TELUS International the preferred technology partner for Dye & Durham. » Continue.
Sponsored: Uber Canada gives away more than $3M in donations and grants. » Continue.
Dapper Labs is raising $13.5M in an equity offering. (CoinDesk) » Continue.
Train Fitness won $20,000 in the Arizona Coyotes Venture Challenge. » Continue.
Uber’s Social Impact in Canada
In its new 2021 Social Impact Report, Uber Canada highlights some of its key programs and initiatives to keep communities safe, support food security for vulnerable Canadians and help local businesses prosper as the country continues on its road to recovery.
To learn more about Uber Canada’s social impact in your local community and across Canada, read the 2021 Social Impact Report here.
* Partner Message
🗞️ In other news…
Semios and other AI-driven agtech startups have received a record $1.54 billion USD in funding this year. (Wall Street Journal) » Continue.
UBC researchers have created a “stretchy, washable battery — and new possibilities for wearable tech.” (CBC) » Continue.
UBC students may soon have a free driverless electric shuttle bus service. (VIA) » Continue.
Shape Immersive client Vancouver Mural Festival won an international Downtown Achievement Award for its augmented reality artworks. » Continue.
Steve Munford, CEO of Trulioo, discusses digital fraud threats and the future of online identity verification. (BCBusiness) » Continue.
Traction on Demand is partnering with local businesses — and breweries — to reimagine the future of work, today. » Continue.
Mirai Security and SecurityScorecard partnered to develop a security scored to simplify risk management for the mining and metals industry. » Continue.
Kookai Chaimahawong, formerly of Pangaea Ventures, joined The51 as venture partner. (BetaKit) » Continue.
Looking Glass Labs established its HQ in Vancouver from which its flagship studio — House of Kibaa — and other divisions will operate. » Continue.
Roham Gharegozlou, CEO of Dapper Labs, is spotlighted as one of CoinDesk’smost influential people of the year in an in-depth feature story. » Must-read.
Next Decentrum Technologies Inc is partnering with DAF (Digital Access to Finance) to launch several non-fungible token (NFT) projects inspired by Egyptian art, culture, and history — the first of which is Crypto Pharaohs. » Continue.
Isabelle Kirkwood reports on the rise of Canadian venture studios. (BetaKit) » Continue.
💡 Ideas and insights.
Ian Wong, CTO of Opendoor, writing on his company’s blog: 2021 in Review: Empowering Customers Through Innovation
Greg Smith, CEO and co-founder of Thinkific, writing in Worth: Here’s Why The ‘Creator Middle Class’ Is So Important—And How We Strengthen It
Nicky Senyard, founder and CEO of Fintel Connect, writing in Forbes: How To Turn Your Customers Into Brand Advocates
Shafin Diamond Tejani, CEO at Victory Square Technologies, writing in Techonomy: Necessity, Not Passion, Drives The Creator Economy
Hussein Hallak, writing on Hackernoon: The Collector's Guide to Avoid Insidious NFT Scams
Merran Smith and Mark Zacharias of the Simon Fraser University School of Public Policy, writing in Business in Vancouver: British Columbia in need of a radically retooled economic strategy
Dani Lipkin, director of global business development at TMX Group, writing on LinkedIn: The IPO Is Only the Beginning