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 the province.
As of June 30, 2026, InBC’s portfolio is directly and indirectly supporting the growth of 41 B.C. companies. Together, these companies contribute $374 million to B.C.’s GDP and support 1,900 jobs across the province*.
*Based on the latest available reporting data.
Arca has been selected for the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) Clean Tech initiative, securing up to $2 million funding and federal advisory services for a $7.4 million research, development and demonstration project. The project will advance Arca’s Mineral Activation and Engineered Carbonation technologies from laboratory scale to field deployment, enabling high-performance carbon removal using alkaline industrial waste.
Vancouver-based AquaEye has completed a third procurement with the U.S. Air Force, which is expanding its deployment of AquaEye Pro intelligent sonar scanners. AquaEye technology, designed to quickly locate humans under water, is currently used by hundreds of first responders, government agencies and military units across the world.
The company has also launched Command Hub, a new search management platform that overlays data collected from multiple AquaEye Pro scanners onto live maps, enabling operators to coordinate searched areas, coverage gaps and rescue efforts in real time.
AquaEye Command Hub and AquaEye Pro water rescue technology.
Vancouver-based ChopValue is expanding its presence in the United Kingdom with plans to open a London Microfactory to meet growing demand from new and existing commercial partners. ChopValue’s first entry into the U.K. market began with a Liverpool Microfactory, which has so far diverted 13 million chopsticks from landfills and collaborated with leading brands such as Wagamama and Yo! Sushi.
Custom-manufactured ChopValue installations featured at commercial locations in the U.K.
Clarius Mobile Health’s Ejection Fraction (EF) AI has been cleared for use by the United States Federal Department of Food and Drug Administration (FDA). The intelligent cardiac assessment tool, now available, integrates directly with the Clarius Ultrasound App to provide clinicians with automated, objective measurement of left ventricular function.
Demonstration of Clarius Ejection Fraction AI.
Novarc Technologies has partnered with Yaskawa America to integrate its AI-powered adaptive welding intelligence platform with the Yaskawa robotic platform, combining Novarc’s leadership in Physical AI and welding intelligence with Yaskawa’s industrial automation and robotics expertise across a wide range of industries and applications.
In May, the company also signed an MOU with Hanwha Ocean, one of the world’s largest shipbuilders, to collaborate on the development of AI-powered manufacturing processes in the maritime sector.
MOU signing between Novarc Technologies and Hanwha Ocean.
ThoughtExchange, based in Rossland, B.C., continues to expand its market presence across North America. Most recently, it has partnered with AASA, The School Superintendents Association, to harness strategic insights from the collective perspectives of its members over time and support school system leaders across the United States. AASA currently represents more than 10,000 school system leaders and 50 million students across the nation.
The B.C. companies supported by the venture funds InBC has invested in are also making strides in their growth. Some examples include:
Supported by Evok Innovations
Moment Energy has opened its Megafactory 1, the world’s largest EV battery repurposing facility, in Surrey, B.C. The facility is transforming retired EV batteries into energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids. It is expected to produce 1 GWh of battery energy storage systems by 2030, supporting the domestic battery energy storage manufacturing capacity.
Moment Energy’s Megafactory 1 in Surrey, B.C.
Supported by Pender Ventures
Vancouver-based Traction Complete has been named one of the Best WorkplacesTM in Canada 2026 by Great Place to Work®. Ninety-seven percent of employees rate Traction Complete as a great place to work, compared to 62% at a typical company.
Learn more about working for Traction Complete and see career opportunities: https://tractioncomplete.com/careers/
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