Since InBC’s investment, the companies in our portfolio have been busy growing their businesses. From expanding to new markets to further developing their technologies, these companies are driving innovation and building intellectual property in B.C., while contributing to economic and jobs growth in their communities.
As of January 31, 2026, InBC’s portfolio is directly and indirectly supporting the growth of 38 B.C. companies that have generated over $90 million in revenue and employing nearly 2,000 British Columbians.
Catch up on what some of them have been up to in the last few months.
Arca has signed an agreement with Giga Metals to explore a 220-million-tonne carbon dioxide removal (CDR) project in B.C. Arca’s Industrial Mineralization pathway leverages existing industrial operations and repurposes alkaline waste to capture and permanently store atmospheric CO2. This agreement gives Arca exclusive rights to evaluate the potential of the site’s ultramafic waste rock for CDR.
Aspect Biosystems has entered into a new phase of its partnership with Novo Nordisk to develop curative medicines for diabetes. This new phase builds on the existing partnership to develop advanced cellular medicines designed to replace, repair or supplement biological functions, including an islet replacement therapy for type 1 diabetes that can restore blood glucose control without the need for chronic immune suppression.
ChopValue continues to showcase how its circular wood furniture solutions can be applied across industries. From wall panels at Rally Pickleball in Charlotte, North Carolina to custom boardroom tables for a well-known Canadian non-profit, this Vancouver company is helping organizations build sustainable spaces, transforming locally recycled chopsticks into premium wood furniture.
Mangrove Lithium has announced financing from the Canada Growth Fund and other existing investors. This investment comes at a pivotal moment of the company’s growth as it accelerates Final Investment Decision for a second 20,000-tonne plant in Canada, and will support operations at its commercial plant in British Columbia. The company recently completed Phase 1 construction of its lithium refining facility in Delta, B.C., marking a major milestone in Canada’s clean energy future and the domestic battery-grade lithium supply chain.
Following the grand opening of its new headquarters in Victoria, B.C., MarineLabs continues to expand its marine technology across North America, including deploying new sensor nodes in Savannah, Georgia — bringing the B.C. company’s coastal intelligence technology to the U.S. southeast coast for the first time.
Grand opening of MarineLabs’ new headquarters in Victoria, B.C.
Novarc Technologies has appointed Donato Montanari as Chief Technology Officer. Montanari brings more than three decades of experience in artificial intelligence (AI), machine vision and industrial automation. As CTO, he will spearhead the company’s technical vision at a critical point of the company’s growth as it advances its suite of technology solutions to meet industrial demand in B.C., Canada and globally.
Burnaby-based Svante has commenced operation of its carbon dioxide capture demonstration unit at the Mercer Peace River pulp mill in northern Alberta. The pilot project will evaluate Svante’s solid sorbent carbon capture technology on biogenic CO2 emissions from the mill’s recovery boiler flue gas. This demonstration phase will enable Svante to gather practical data to assess future opportunities for commercial-scale carbon capture in the wider pulp and paper industry.
The B.C. companies supported by the venture funds InBC had invested in are also making strides in their growth. Some examples include:
Supported by Pender Ventures
Traction Complete has launched its new product, Complete Discover. Complete Discover turns Google Sheets into account data for experimenting with AI enrichment, testing prompts and uncovering go-to-market insights. These AI enrichment prompts can then be deployed into Salesforce using Complete AI.
Supported by Pender Ventures
Veritree has partnered with Manulife to launch Manulife Impact Forests. Manulife Impact Forests is implementing veritree’s Smart Forest technology, which will provide real-time insights and transparency for its restoration projects. To date, Manulife Impact Forests has restored over 160 hectares of land across the globe, including planting trees at the Nicola Watershed in British Columbia which had suffered extensive wildfire damage.
These are just a few examples of the comnies and funds in our portfolio driving impact both here in B.C. and across the globe.
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