Hello and welcome to The BC Startup Show’s news recap for this week. It’s Friday, January 22nd 2021, let’s explore some of what happened in our startup community this week.
In general startup news,
🥇 Carbon Engineering wins North American Cleantech Company of the Year
This week, and for the second year in a row, Carbon Engineering (CE) has been named on the prestigious Global Cleantech 100 list by Cleantech Group, including being named the top cleantech company in North America.
Founded in 2009 and currently based in Squamish, the company's Direct Air Capture (DAC) technology captures draws in atmospheric air, then through a series of chemical reactions, extracts carbon dioxide (CO2) from it while returning the rest of the air to the environment. The CO2 is then either stored or used to make synthetic fuels.
Very cool stuff, and congrats to the Carbon Engineering team. Check them out at https://carbonengineering.com
💰 Vancouver's GameSeta has been acquired by PlayVS
GameSeta, a Vancouver-based startup incubated out of SFU that provides infrastructure for high school esports team, was acquired by PlayVS a US-based esports company bringing organized leagues to high schools and colleges.
Terms weren't disclosed, but congrats to the GameSeta team on the early exit! They're at https://gameseta.com
🍃 Clir Renewables announces a partnership with Africa's Largest Wind Farm
Billed as "the leading provider of performance assessment software for renewable energy", Clir Renewables announced a partnership with Kenya-based Lake Turkana Wind Power (LTWP), Africa’s largest wind farm, to enhance their wind farm performance tracking identify opportunities for optimization.
This means analyzing data from 365 different turbines, monitoring asset health, improving overall production and more. Check Clir and the team out at https://clir.eco
💰 Autozen emerges from stealth mode, announcing $4.2 million raise
In fundraising news, it was a relatively quiet week for startups across the province. However, Autozen emerged from stealth-mode, announcing a $4.2 million raise with undisclosed investors.
Autozen is on a mission to create an easier, safer and more transparent way for car owners to sell their cars.
The problem quote, courtesy of CEO Olivier Vincent: "It’s baffling how selling a car in 2021 is as aggravating as it was 20 years ago."
(side note: if you don't know of Olivier Vincent... let's put it this way. If the Midas Touch is for turning things to gold, the Vincent Touch would be for leading startups to success.)
Check them out at https://autozen.com
🎓 Applications open for entrepreneurship@UBC's CORE program until February 25
The CORE program works with entrepreneurs who are building solutions founded in tech and innovation, helping to develop their startup through practical business training and deep mentorship to launch ideas into thriving companies capable of shifting industries.
CORE helps validate and shape your venture's potential, working with seasoned industry instructors, experts and mentors to catapult your venture into a scalable company.
Must be at least a team of 2, and one member must be a UBC student, recent alumni, faculty or staff member.
Apply at https://entrepreneurship.ubc.ca/core
🎓 Applications also open for SFU's Coast Capital Savings Venture Prize until February 15
The competition celebrates innovative ideas and entrepreneurial pursuits from the SFU community and $25k in cash and prizes are up for grabs.
Competitors are given the opportunity to practice venture ideation, business plan writing, and pitching. They’ll receive support in dedicated workshops and coaching sessions from Venture Connection’s mentors prior to the finals in April.
The competition is open to early-stage business ventures founded by SFU students from undergraduate, graduate and professional programs (e.g MBA), as well as by staff, faculty, and recent alumni.
Get in at https://www.sfu.ca/vc/
👩💻 The Indus Entrepreneurs (better known as TiE Vancouver) Demo Day on February 10
Startup founders can apply to win an opportunity to present their companies to a panel of judges and press. Eight companies will be chosen to pitch to specially selected Canadian, US, and International investors. A chance for funding, plus one Demo Day winner will receive $25,000 in prizes.
Applications to pitch close January 31st — Register to pitch or to attend virtually at https://www.tievancouver.org/.
🏆 Applications are open for the 2021 BC Cleantech Awards until January 29
Foresight Cleantech Accelerator is back with another edition of the BC Cleantech Awards, which will be held on February 18th. There are awards in 12 different categories, so if you know of any cleantech entrepreneurs or startups worthy of mention, be sure to nominate them at https://foresightcac.com/blog/view/bccleantechawards/
That’s it for this week! Be sure to subscribe to The BC Startup Show to get access to all of our weekly BC startup news and interviews with startup entrepreneurs from across the province.