Tuesday, October 8, 2019
VC Deals Only: SFU gets $17 million from BC government to establi...
VC Deals Only: SFU gets $17 million from BC government to establi...: Simon Fraser University ( SFU ) is receiving $17 million from the government of British Columbia over the next five years to establish the...
SFU gets $17 million from BC government to establish quantum research institute
Simon Fraser University (SFU)
is receiving $17 million from the government of British Columbia over
the next five years to establish the Quantum Algorithms Institute, at
its campus in Surrey, BC.
SFU said the institute will focus on building quantum computing software and algorithms, and will collaborate with other research universities in the province. The provincial government said the institute will help grow the Surrey Innovation Corridor, a proposed regional innovation hub aimed to drive economic growth in Surrey and the Fraser Valley region. The university plans to partner with local government, businesses, First Nations, and other partners to develop the new institute.
“Creating an innovation corridor in Surrey and up the Fraser Valley will create good jobs, attract talent, reduce commute times and raise the standard of living,” said BC Premier John Horgan.
“Working with our partners, we will create an innovation hub where companies and talent will cluster, supporting our goal of a strong, sustainable economy that benefits the entire province.
myCareBase™is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.
BC is already home to several startups and organizations specializing in quantum research and products, such as 1QBit and D-Wave,
as well as tech giants like Microsoft and IBM. The institute is
intended to draw on the province’s research work as well as companies to
secure a quantum-focused talent pool in the province. The university
will also develop a new graduate degree program in quantum computing.
“Quantum computer solutions will help develop the innovations of tomorrow in sectors such as transportation and logistics, medical research, advanced design, and materials testing,” said Bruce Ralston, the province’s minister of jobs, trade and technology. “Adoption across these sectors is predicted to surpass $450 billion annually. The new institute will train future data scientists who will attract companies worldwide, bringing significant benefit to BC’s economy.”
The government said affordability and access to industrial land are two of the biggest issues constraining growth in BC’s tech sector, adding that Surrey could be a hub of regional economic growth to help mitigate these affordability constraints.
“Funding these kinds of innovative initiatives, especially around education, is an investment in British Columbia’s future,” said Andrew Weaver, BC Green Party caucus leader. “Quantum computing technology is one tool available to build a new, sustainable economy that is not just resilient but is nimble enough to transform British Columbia’s industrial landscape in ways that will benefit people from every area of the province for decades to come.”
To help manage future investments in tech, the BC government developed a Tech and Innovation Policy Framework. In 2018, the province invested more than $700 million to support the province’s innovation ecosystem.
“Surrey’s City Centre has established itself as a hub for innovation and higher learning,” said Doug McCallum, mayor of Surrey. “Our location, along with our expertise and experience make Surrey the ideal place to advance technology and innovation in the province. City council and I look forward to working closely with the BC government to expedite this visionary project that will benefit not only the people of Surrey but all who call BC home.”
Source. Betakit, Isabella Kirkwood, October 3, 2019
SFU said the institute will focus on building quantum computing software and algorithms, and will collaborate with other research universities in the province. The provincial government said the institute will help grow the Surrey Innovation Corridor, a proposed regional innovation hub aimed to drive economic growth in Surrey and the Fraser Valley region. The university plans to partner with local government, businesses, First Nations, and other partners to develop the new institute.
“Creating an innovation corridor in Surrey and up the Fraser Valley will create good jobs, attract talent, reduce commute times and raise the standard of living,” said BC Premier John Horgan.
“Working with our partners, we will create an innovation hub where companies and talent will cluster, supporting our goal of a strong, sustainable economy that benefits the entire province.
continued below
__________________________________________________________
Sponsor
myCareBase™is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.
To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.
__________________________________________________________
“Quantum computer solutions will help develop the innovations of tomorrow in sectors such as transportation and logistics, medical research, advanced design, and materials testing,” said Bruce Ralston, the province’s minister of jobs, trade and technology. “Adoption across these sectors is predicted to surpass $450 billion annually. The new institute will train future data scientists who will attract companies worldwide, bringing significant benefit to BC’s economy.”
The government said affordability and access to industrial land are two of the biggest issues constraining growth in BC’s tech sector, adding that Surrey could be a hub of regional economic growth to help mitigate these affordability constraints.
“Funding these kinds of innovative initiatives, especially around education, is an investment in British Columbia’s future,” said Andrew Weaver, BC Green Party caucus leader. “Quantum computing technology is one tool available to build a new, sustainable economy that is not just resilient but is nimble enough to transform British Columbia’s industrial landscape in ways that will benefit people from every area of the province for decades to come.”
To help manage future investments in tech, the BC government developed a Tech and Innovation Policy Framework. In 2018, the province invested more than $700 million to support the province’s innovation ecosystem.
“Surrey’s City Centre has established itself as a hub for innovation and higher learning,” said Doug McCallum, mayor of Surrey. “Our location, along with our expertise and experience make Surrey the ideal place to advance technology and innovation in the province. City council and I look forward to working closely with the BC government to expedite this visionary project that will benefit not only the people of Surrey but all who call BC home.”
Source. Betakit, Isabella Kirkwood, October 3, 2019
***
This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.
Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.
Monday, October 7, 2019
VC Deals Only: myDigitalOffice Raises $4M in Series A Funding
VC Deals Only: myDigitalOffice Raises $4M in Series A Funding: myDigitalOffice , a Bethesda, MD -based hotel information management platform for sourcing, processing and storing hotel data in the cloud...
myDigitalOffice Raises $4M in Series A Funding
myDigitalOffice,
a Bethesda, MD-based hotel information management platform for
sourcing, processing and storing hotel data in the cloud, secured $4m in
Series A funding.
The round was led by Fintop Capital, joined by Capital Now and others. In conjunction with the funding, Joe Maxwell, Managing Partner of FINTOP, joined myDigitalOffice’s board.
The company intends to use the funds to further develop its cloud-based data visualization and digital document management products.
myCareBase is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.
Founded in 2016 by Ali Moloo, myDigitalOffice provides an end-to-end information management platform for sourcing, processing and storing hospitality data in the cloud. The company’s SaaS solutions including cloud-based dashboards, document management software and integrated data feeds allow hotel owners, operators, franchisees and hospitality REITs to manage property and portfolio performance to reach greater levels of productivity, ensure regulatory compliance, and reduce environmental impact while optimizing profitability.
myDigitalOffice currently provides solutions to more than 2,000 hotels across the United States and Canada.
Source. FinSMEs, September 24, 2019
The round was led by Fintop Capital, joined by Capital Now and others. In conjunction with the funding, Joe Maxwell, Managing Partner of FINTOP, joined myDigitalOffice’s board.
The company intends to use the funds to further develop its cloud-based data visualization and digital document management products.
continued below
_______________________________________________________________
Sponsor
myCareBase is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.
To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.
_______________________________________________________________
Founded in 2016 by Ali Moloo, myDigitalOffice provides an end-to-end information management platform for sourcing, processing and storing hospitality data in the cloud. The company’s SaaS solutions including cloud-based dashboards, document management software and integrated data feeds allow hotel owners, operators, franchisees and hospitality REITs to manage property and portfolio performance to reach greater levels of productivity, ensure regulatory compliance, and reduce environmental impact while optimizing profitability.
myDigitalOffice currently provides solutions to more than 2,000 hotels across the United States and Canada.
Source. FinSMEs, September 24, 2019
***
This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.
Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.
Saturday, October 5, 2019
VC Deals Only: VC Deals Only. Weekend Edition. Everledger raises ...
VC Deals Only: VC Deals Only. Weekend Edition. Everledger raises ...: VC Deals Only Seattle startup SEngine Precision Medicine has raised $5.1 million in fresh funding as it looks to commercialize a platfor...
VC Deals Only. Weekend Edition. Everledger raises $20 million to track assets with blockchain tech
VC Deals Only
Seattle startup SEngine Precision Medicine has raised $5.1 million in fresh funding as it looks to commercialize a platform that can match cancer patients to the right drug and aid in drug discovery. The Series A round was led by the Bangarang Group along with other unnamed investors. More
An Indian startup that is attempting to improve the way how millions of people in the nation lease or buy an apartment — by not paying any brokerage — just raised a significant amount of capital to further expand its business. NoBroker said on Wednesday it has raised $50 million in a new financing round More
Amboss, the Berlin-based “medtech” startup that originally offered a learning app for students but has since pivoted to a knowledge platform for medical professionals, has raised €30 million in Series B funding. More
ZenBusiness, an Austin, TX-based online platform to create and run small businesses, closed a $15m Series A venture capital financing. The round was led by Greycroft, with participation from Lerer Hippeau, and Revolution’s Rise of the Rest Seed Fund and new investors Rosecliff Venture Partners, Interlock Partners, and Recruit Strategic Partners (RSP). More
DeadHappy, a U.K.-based insurtech startup that wants to offer more flexible life insurance and remove the taboo surrounding death, has raised £4 million in Series A funding. Backing comes from e.ventures, alongside the company’s seed investor Octopus Ventures. More
Everledger, a London-based startup developing and maintaining an immutable ledger for asset ownership, today announced that it has secured $20 million in a series A round led by Tencent, with participation from Graphene Ventures, Bloomberg Beta, Rakuten, Fidelity, and Vickers Venture Partners. More
Sponsor
myCareBase ™ is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.
To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks
IPOs
In an S-1 filing with the Securities and Exchange Commission Friday, Cambridge, Massachusetts-based Beam Therapeutics announced its planned $100 million initial public offering on the Nasdaq Global Market, where it would trade under the symbol BEAM. JP Morgan, Jefferies and Barclays are joint bookrunners on the IPO, while Wedbush PacGrow is lead manager. More
Last week, Progyny, which provides fertility benefits to employees filed its intention to go public with the Securities & Exchange Commission. The New York company, founded in 2016, has created a fertility benefits program that includes access to pharmacy for treatments that may be required as well as a fertility expert it bills as a Patient Care Advocate. More
New Funds
Think Jack Dorsey’s jobs are tough? Well, Tom Chavez is running six startups. He thinks building businesses can be boiled down to science, so today he’s unveiling his laboratory for founding, funding and operating companies. More
Exits
Some consolidation is afoot in the world of advertising. Taboola and Outbrain, rivals that both operate advertising-based content recommendation engines for publishers — which typically appear in the form of boxes at the bottom of articles online that feature a mix of stories from the publications themselves, plus ads and sponsored content from other sites — are forming a single company. More
Vice Media, the insurgent media brand known for its arch take on youth culture and entertainment, has acquired the women’s lifestyle publisher Refinery29. The deal is valued at about $400 million and includes mostly stock with some cash. More
Sponsor
This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.
Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.
Tech News
Here we go again. Western governments are once again dialing up their attack on end-to-end encryption — calling for either no e2e encryption or backdoored e2e encryption so platforms can be commanded to serve state agents with messaging data in “a readable and usable format.” More
Friday, October 4, 2019
VC Deals Only: Self-driving vehicle startup Zoox has expanded to ...
VC Deals Only: Self-driving vehicle startup Zoox has expanded to ...: Zoox, the autonomous vehicle startup, is expanding to Las Vegas, CTO Jesse Levinson said at TechCrunch Disrupt SF. The startup, which ...
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