Startups
17 Stories
J.P. Morgan Backed a Vancouver Mine-AI Firm. The Exit Math Is Telling.
MineSense Technologies closed a US$42M Series E led by J.P. Morgan Asset Management. What the round signals about institutional capital repricing industrial AI — and who captures the upside.

SR&ED at 45%: Vancouver Founders Can Now Claim $2.1M Back From CRA
The 2025-2026 SR&ED overhaul doubled the refundable credit limit and restored hardware eligibility. Here's what that actually means for your cash runway.

BC Stacked $53.5M in AI Tax Credits. The Fund Names Are Murky.
No verified 'Cascadia VC' writes $1M+ AI cheques in Vancouver — but BC's subsidy architecture explains exactly why founders keep hearing the name.

$938M In, Equity Out: How SF Is Arbitraging Vancouver's AI Boom
BC attracted nearly $1B in VC in 2025, and Gumloop just closed a $50M USD Series B. Here's why the returns aren't staying in Vancouver.

29 vs. 8: The Late-Stage Capital Gap Driving Cascadia's Unicorn Split
Seattle has 29 unicorns. Vancouver has 8. The gap isn't talent — it's capital architecture. Here's what the SR&ED doubling actually fixes, and what it doesn't.

Stack SR&ED, IRAP and BC Grants — or Keep Funding Your Competitors
BC tech companies left hundreds of thousands unclaimed in 2024. Here's exactly how the non-dilutive trifecta works, what it costs, and who it actually helps.

CAD $22M Median, 60% US Capital: The Series A Math Vancouver Founders Need
Canadian B2B SaaS Series A rounds hit a CAD $22M median in 2025—but 60% of that capital is American, and the concentration risk is worse than the headline suggests.

Canada's Climate Tech Gap: $1.11B Raised, Falling Behind
Canadian climate startups raised $1.11B in 2025—down 13% while global climate VC grew 8%. Silicon Valley isn't discovering Canada. It's arbitraging a domestic capital void.
