Quilt Systems, Inc.  (“Quilt”), a California-based startup that creates energy-efficient heat pumps, has officially entered the Canadian market, denoting its first expansion outside the United States. The move marks a homecoming for Canadian co-founder  Paul Lambert, who launched the company alongside Matthew Knoll and Bill Kee with a mission to modernize how homes are heated and cooled to create a sustainable future.   Unlike traditional gas furnaces that create heat through

Vancouver-based CereCura Nanotherapeutics  Inc. (“CereCura”) has secured C$1.4 million in seed funding, and plans to use the capital to advance research into innovative treatments for brain disorders. CereCura was co-founded by UBC professor Pieter Cullis, who developed lipid nanoparticle ribonucleic acid (LNP – RNA) technology as a means of delivering therapeutics to the human body. The drug delivery system served as the central building block for the mRNA COVID-19 vaccine

Toronto-based Wealthsimple  Inc. (“Wealthsimple”) has announced a strategic partnership with United Kingdom’s Wise plc  (“Wise”) through its Wise Platform. Wise Platform serves as a leading global payment infrastructure for banks and enterprises in the United Kingdom. This collaboration comes at a pivotal moment for Wealthsimple, which recently surpassed C $100 billion in assets under administration, three years ahead of its original target. As part of this fintech partnersh

Berlin-based startup Vay Technology GmbH  (“Vay”), which enables remote-controlled delivery of rental cars to customers, has secured a major investment from Singaporean tech giant Grab Holdings Limited  (“Grab”): US$60 million  upfront, with up to US$350 million in additional funding tied to performance milestones. Vay’s model pairs remote human “teledrivers” with rental fleets. Cars are delivered to customers via remote driving, after which the user takes the wheel for the t

Terranova Inc. (“Terranova”), a new startup, is developing an alternative solution for cities at risk of flooding.  The company is building robots that will inject a slurry of wood waste into the ground, slowly lifting the land to correct historical subsidence and previously repaired ground movement, aimed at preventing those parts of the city from flooding in the future. With rising sea levels threatening cities worldwide, more than 300 million people are at risk of routine