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	<title>Announcements Archives - InBC Investment Corp</title>
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		<title>InBC and SFU Launching Fund to Grow and Commercialize University Breakthrough Research and Discoveries</title>
		<link>https://inbcinvestment.com/inbc-sfu-launching-fund/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Tue, 12 May 2026 19:43:34 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[SFU]]></category>
		<category><![CDATA[SFU Innovates Venture Fund]]></category>
		<category><![CDATA[Simon Fraser University]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=6762</guid>

					<description><![CDATA[<p>InBC and Simon Fraser University (SFU) are partnering to launch the SFU Innovates Venture Fund to accelerate the transition of [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-sfu-launching-fund/">InBC and SFU Launching Fund to Grow and Commercialize University Breakthrough Research and Discoveries</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
]]></description>
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<h4 class="wp-block-heading">InBC and <a href="https://www.sfu.ca/sfunews/stories/2026/05/sfu-launches--15m-fund-with-inbc-to-invest-in-spin-off-ventures-.html">Simon Fraser Universit</a><a href="https://www.sfu.ca/research/innovation.html">y (SFU)</a> are partnering to launch the SFU Innovates Venture Fund to accelerate the transition of breakthrough research and discoveries into commercial ventures.</h4>



<p class="wp-block-paragraph">The SFU Innovates Venture Fund is a joint venture between InBC and SFU to co-invest in innovative B.C. companies based on technology developed by SFU researchers, students and alumni. It will focus on early-stage companies, prioritizing key growth sectors in the province including life sciences, deep technology and cleantech.</p>



<p class="wp-block-paragraph">The announcement was made at Web Summit Vancouver with the Minister of Jobs and Economic Growth Honourable Ravi Kahlon, SFU Vice-President of Research and Innovation Dugan O’Neil, and InBC Chief Investment Officer Thomas Park. SFU spinoff and InBC-invested company <a href="https://photonic.com/">Photonic Inc.</a>’s Founder and Chief Quantum Officer, Dr. Stephanie Simmons, provided validating remarks.</p>



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<figure class="alignleft size-full is-resized"><img fetchpriority="high" decoding="async" width="381" height="500" src="https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference.jpg" alt="InBC and SFU press conference announcing the SFU Innovates Venture Fund" class="wp-image-6806" style="width:auto;height:325px" srcset="https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference.jpg 381w, https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference-271x355.jpg 271w" sizes="(max-width: 381px) 100vw, 381px" /></figure>
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<figure class="alignleft size-full is-resized"><img decoding="async" width="623" height="500" src="https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference-Speakers.jpg" alt="Speakers announcing the SFU Innovates Venture Fund" class="wp-image-6808" style="aspect-ratio:1.2459615384615386;object-fit:cover;width:auto;height:325px" srcset="https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference-Speakers.jpg 623w, https://inbcinvestment.com/wp-content/uploads/2026/05/InBC-SFU-Press-Conference-Speakers-442x355.jpg 442w" sizes="(max-width: 623px) 100vw, 623px" /></figure>
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<p class="wp-block-paragraph" style="font-size:10px">From left: SFU VP of Research and Innovation Dugan O&#8217;Neil, Photonic Inc. Founder and Chief Quantum Officer Dr. Stephanie Simmons, Minister of Jobs and Economic Growth Honourable Ravi Kahlon, InBC Chief Investment Officer Thomas Park.</p>
</div>
</div>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">We are pleased to collaborate with SFU, Canada’s top university for innovation, with a proven track record of discovery and entrepreneurship. Over 500 ventures based on SFU discoveries and research have been created and supported to date, including Photonic Inc., <a href="https://www.momentenergy.com/">Moment Energy</a> and <a href="https://ionomr.com/">Ionomr Innovations Inc.</a> to name a few. SFU spinoff companies have achieved over $120 million in revenue since 2020, generating significant economic value for the province.</p>



<p class="wp-block-paragraph">The joint venture builds on this legacy, growing and accelerating the commercialization of university innovation into B.C. businesses.</p>



<p class="wp-block-paragraph">SFU is investing $7.5 million and InBC is matching this commitment. InBC will also provide investing capacity through our team of investment professionals, including investment-grade due diligence and portfolio management. SFU is now fundraising to increase the fund’s investable capital up to a potential total of $20 million.</p>



<p class="wp-block-paragraph">This co-investing partnership represents a shared commitment between InBC and SFU to increase the commercialization capacity in the province. It is a continuation of InBC’s efforts to commercialize more of B.C.’s world-class research and development and attract additional capital to the province. By aligning priorities with Provincial sector targets, we are strategically building momentum in key industries to maximize economic impact.</p>



<p class="wp-block-paragraph">Eligible companies and investors interested in being a part of the fund can contact: <a href="mailto:sfu_innovates@sfu.ca">sfu_innovates@sfu.ca</a></p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="/wp-content/uploads/2026/05/2026JEG0034-000533.pdf" target="_blank" rel="noreferrer noopener">Read Press Release</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h5 class="wp-block-heading">Quotes</h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph"><em>&#8220;Some of B.C.&#8217;s most innovative and successful companies have their roots at Simon Fraser University. With global uncertainty causing access to capital to be increasingly competitive, it&#8217;s essential that we continue finding new ways to help these businesses grow, create good jobs and stay in B.C. The SFU Innovates Venture Fund is one of the most significant investments of its kind and works hand in hand with our Look West strategy, building a stronger, more resilient economy that benefits people in every region of B.C.&#8221;</em></p>
<cite><em>—</em> Honourable Ravi Kahlon, Minister of Jobs and Economic Growth</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“This collaboration represents a shared commitment by InBC and SFU to increase the commercialization capacity within B.C. We are proud to partner with SFU, where some of the most exciting companies in B.C., such as Photonic, were born. By focusing on high-potential sectors including life sciences, deep tech and more, we are strategically building momentum in key growth industries to maximize economic impact.”</em></p>
<cite><em>—</em> Thomas Park, Chief Investment Officer, InBC Investment Corp.</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“SFU has always been a place where ideas don’t just stay in the lab; they grow into real ventures and real impact. Having supported more than 500 ventures so far, we are excited to launch this new fund to accelerate the translation of breakthrough research into real-world impact.”</em></p>
<cite><em>—</em> Dugan O’Neil, Vice-President, Research and Innovation, Simon Fraser University</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>&#8220;</em>As a professor, I was drawn to quantum computing for its transformational potential at scale. When considering all the elements required to make this goal a reality, SFU had a compelling combination of entrepreneurial focus, leading research talent, and world-class location. Adding access to dedicated funding and investment expertise will make it easier to turn local scientific advancements into globally impactful solutions.&#8221;</p>
<cite><em>—</em> Dr. Stephanie Simmons, Founder and Chief Quantum Officer, Photonic Inc.</cite></blockquote>
<p>The post <a href="https://inbcinvestment.com/inbc-sfu-launching-fund/">InBC and SFU Launching Fund to Grow and Commercialize University Breakthrough Research and Discoveries</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Invests in Photonic Inc., Strengthening B.C. and Canada’s Quantum Capacity</title>
		<link>https://inbcinvestment.com/inbc-invests-in-photonic/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Thu, 30 Apr 2026 17:38:19 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Deeptech]]></category>
		<category><![CDATA[Photonic Inc.]]></category>
		<category><![CDATA[Quantum]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=6741</guid>

					<description><![CDATA[<p>InBC has invested in Coquitlam-based Photonic Inc., a leading quantum computing company building the world’s first commercial-scale, fault-tolerant quantum computer. [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-photonic/">InBC Invests in Photonic Inc., Strengthening B.C. and Canada’s Quantum Capacity</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h4 class="wp-block-heading">InBC has invested in Coquitlam-based <a href="https://photonic.com/">Photonic Inc.</a>, a leading quantum computing company building the world’s first commercial-scale, fault-tolerant quantum computer.</h4>



<p class="wp-block-paragraph">Photonic’s unique approach to quantum computing is engineered for unlimited scalability. Its innovative Entanglement First<sup>TM</sup> Architecture can eliminate the traditional and quantum-specific bottlenecks that prevent other quantum architectures from unlocking the true value of quantum computing. Leveraging the manufacturability of silicon and the connectivity of existing telecom infrastructure, Photonic’s quantum systems will deliver the scale, quality and performance required for breakthrough quantum applications.</p>



<p class="wp-block-paragraph">The company is on a mission to help solve some of the world’s most critical challenges. Its quantum computers have the potential to exponentially accelerate development across a wide range of industries, including in the areas of drug discovery, secure communications, climate modeling, advanced materials science and more.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“I&#8217;ve spent my career in technology, and what the Photonic team is building is transformative. We&#8217;re at a point where quantum computing moves from scientific promise to commercial reality, and Photonic is leading that shift globally. Having InBC alongside us signals that British Columbia understands what&#8217;s at stake, not just for the province, but for Canada&#8217;s place in the world. There is significant economic impact being created by this technology, demonstrated in the talent, the IP, the jobs being built here. This is exactly the kind of forward-thinking investment that keeps B.C. and Canada competitive not just today, but for decades to come.”</em></p>
<cite>— Don Mattrick, CEO, Photonic Inc.</cite></blockquote>



<p class="wp-block-paragraph">With its roots in British Columbia, Photonic has in only a few years moved from concept to systems manufacturing. Strategic partnerships with market leaders like TELUS, RBC and Microsoft reflect the wide range of sectors, from communications to financial and quantum services, that are positioning themselves for quantum advantage. <a href="https://photonic.com/news/photonic-raises-180m/">Their interest in partnering and investing in Photonic</a> now are strong signals of market confidence in the company&#8217;s technology and commercial future.</p>



<p class="wp-block-paragraph">Photonic is one of 13 global companies that have advanced to Stage B of Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking Initiative (QBI), a rigorous and highly selective U.S. Department of Defence program validating a quantum computing approach’s feasibility towards utility-scale performance.</p>



<p class="wp-block-paragraph">The company was also selected for Phase 1 of the Canadian Quantum Champions Program (CQCP), which recognizes the strategic importance of quantum technologies to Canada’s economic competitiveness and national security. The program is designed to accelerate the development of Canadian quantum, focusing on fault‑tolerant quantum computers and anchoring high‑value jobs, talent and intellectual property in Canada.</p>



<p class="wp-block-paragraph">InBC invested in Photonic alongside other investors. With the proceeds of this financing round, the company will continue to develop its quantum products and services, expand the business and technical teams, deepen customer and partner engagements, and advance its commercialization strategy to becoming a global market leader. The company already employs over 160 employees, the majority of whom are based in B.C., with additional team members located across Canada, the U.K and U.S.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“Photonic’s technology is game-changing. InBC is pleased to support a world-leading B.C.-based company that has the potential to solve some of the world’s most critical problems and accelerate industrial growth in B.C. and around the world. This investment supports our goals to grow high-potential sectors in B.C. such as quantum and strengthen our industrial capabilities while supporting economic resilience and technology jobs in the province.”</em></p>
<cite>— Thomas Park, Chief Investment Officer, InBC Investment Corp.</cite></blockquote>



<p class="wp-block-paragraph">InBC’s investment in Photonic is supporting the scale-up of a B.C. established company that is globally competitive while staying headquartered in the province. It is helping to strengthen B.C. and Canada’s industrial capabilities, and works in parallel with provincial priorities to bolster key target sectors identified to have significant economic potential in B.C.</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://photonic.com/" target="_blank" rel="noreferrer noopener">Learn More About Photonic Inc.</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p class="wp-block-paragraph"><strong>Looking for Investment?</strong></p>



<p class="wp-block-paragraph">InBC is investing in innovative companies with strong connections to B.C. that are ready to scale commercially. <a href="/companies">Learn More</a></p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-photonic/">InBC Invests in Photonic Inc., Strengthening B.C. and Canada’s Quantum Capacity</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>Catalyzing B.C.’s Next Wave of Research-Driven Companies</title>
		<link>https://inbcinvestment.com/catalyzing-bcs-next-wave-of-research-driven-companies/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 21:10:45 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[UBC]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=6473</guid>

					<description><![CDATA[<p>From InBC&#8217;s Chief Investment Officer, Thomas Park: Today, InBC and the University of British Columbia announce the UBC Catalyst Ventures [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/catalyzing-bcs-next-wave-of-research-driven-companies/">Catalyzing B.C.’s Next Wave of Research-Driven Companies</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h6 class="wp-block-heading">From InBC&#8217;s Chief Investment Officer, Thomas Park:</h6>



<p class="wp-block-paragraph"></p>


<div class="wp-block-image">
<figure class="alignleft size-full is-resized"><img decoding="async" src="https://inbcinvestment.com/wp-content/uploads/2025/09/Thomas_100.svg" alt="Thomas Park" class="wp-image-5864" style="width:165px;height:auto"/></figure>
</div>


<p class="wp-block-paragraph">Today, InBC and the University of British Columbia announce the <a href="https://news.ubc.ca/2026/03/ubc-inbc-catalyst-ventures-fund/" target="_blank" rel="noreferrer noopener">UBC Catalyst Ventures Fund</a>. Our goal is to help more UBC-affiliated companies move from research to real world impact, and to grow here in British Columbia.</p>



<p class="wp-block-paragraph">Since joining InBC, I have met many founders whose ideas began in university labs or classrooms across Canada. Their talent, especially in B.C., is remarkable. What they often lacked was early growth financing and the kind of support that helps a breakthrough become a company. Too many felt pressure to leave B.C. just to find the capital they needed.</p>



<p class="wp-block-paragraph">This fund aims to change that.</p>



<h4 class="wp-block-heading"><strong>Why This Fund Matters</strong></h4>



<p class="wp-block-paragraph">The UBC Catalyst Ventures Fund reflects a simple idea.</p>



<p class="wp-block-paragraph">Public purpose capital, used strategically, can:</p>



<ul class="wp-block-list">
<li>Attract more private investment into B.C.</li>



<li>Accelerate the path from research to commercialization</li>



<li>Keep companies, talent and intellectual property anchored in the province</li>



<li>Strengthen B.C.’s long term economic resilience</li>
</ul>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">UBC and InBC are each contributing $10 million, and the fund is now raising additional private capital. This blended model is intentional. It aligns with our strategy to mobilize more investment into the sectors where British Columbia already has global strength.</p>



<h4 class="wp-block-heading"><strong>A Strong Foundation to Build On</strong></h4>



<p class="wp-block-paragraph">UBC’s record speaks for itself.</p>



<p class="wp-block-paragraph">To date, UBC has generated:</p>



<ul class="wp-block-list">
<li>Nearly 300 spin offs</li>



<li>Significant licensed discoveries</li>



<li>An estimated $13 billion in revenue from those discoveries</li>
</ul>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">Few research institutions in Canada have this scale or impact. The Catalyst Ventures Fund builds on that momentum and expands B.C.’s capacity to move ideas into the market. It ensures these spin-off companies and the jobs they create will stay in the province. </p>



<h4 class="wp-block-heading"><strong>Focus Areas Where B.C. Can Lead</strong></h4>



<p class="wp-block-paragraph">The fund will begin by investing in:</p>



<ul class="wp-block-list">
<li>Life sciences</li>



<li>Deep tech</li>
</ul>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">These fields combine scientific depth with long term growth potential. They also reflect areas where B.C. is already competitive internationally and where the province sees strategic economic opportunity.</p>



<p class="wp-block-paragraph">Supporting these sectors helps founders, but it also strengthens B.C.’s long term economic foundation.</p>



<h4 class="wp-block-heading"><strong>Anchoring Companies and Talent in B.C.</strong></h4>



<p class="wp-block-paragraph">At its core, this fund is about anchoring.</p>



<p class="wp-block-paragraph">Anchoring means:</p>



<ul class="wp-block-list">
<li>Companies can grow from B.C. and stay here</li>



<li>Talent sees a future in this province</li>



<li>Intellectual property remains rooted in the local economy</li>



<li>High quality jobs are created and sustained in B.C.</li>



<li>Economic benefits cycle back into B.C. communities</li>
</ul>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">When founders have reasons to stay, the entire ecosystem benefits.</p>



<h4 class="wp-block-heading"><strong>Looking Ahead</strong></h4>



<p class="wp-block-paragraph">I am proud of this partnership with UBC. It shows what is possible when public institutions, researchers, and private investors work together. It also demonstrates the strength of B.C.’s research base and what can happen when we match that strength with strategic investment.</p>



<p class="wp-block-paragraph">This fund is not just about supporting individual companies. <strong>It is about shaping the future of B.C.’s innovation economy and creating opportunities that will benefit the province for decades.</strong></p>



<p class="wp-block-paragraph">If you are building a company connected to UBC, or you are an investor interested in contributing to B.C.’s economic future, our team would be glad to connect.</p>



<p class="wp-block-paragraph">— Tom</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://inbcinvestment.com/wp-content/uploads/2026/03/PressRelease_UBCCatalystVentures_JEG_Mar232026.pdf">Read Press Release</a></div>
</div>



<p class="wp-block-paragraph">Connect with the InBC team:<br><a href="/intake" target="_blank" rel="noreferrer noopener">I am a UBC-affiliated company</a> | <a href="/contact-us" target="_blank" rel="noreferrer noopener">I am an investor interested in the fund</a></p>



<p class="wp-block-paragraph"></p>



<h5 class="wp-block-heading">Quotes:</h5>



<p class="wp-block-paragraph"></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>&#8220;British Columbia is home to world-class research and development, and this fund will accelerate the growth of university-related innovations. We are proud to partner with UBC, one of Canada’s largest research-intensive universities. This partnership aligns with our goal to attract more capital to B.C. and scale more businesses, anchoring them here to generate economic and jobs growth in the province.&#8221;</em></p>
<cite><em>— </em> Thomas Park, Chief Investment Officer, InBC Investment Corp.</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em><em>“As co-lead investors, UBC and InBC are working together toward this unique academic public-private partnership to anchor and grow companies in B.C. and further the impact of UBC’s research and innovation in the province, across Canada and beyond. One of UBC’s strategic goals is to partner for purpose to generate economic and social impact, and this partnership is a perfect example of what we can do by working together.”</em></em></p>
<cite><em>— </em> Dr. Benoit-Antoine Bacon, President and Vice-Chancellor, University of British Columbia</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“Since spinning out from UBC and leaving campus in 2017, Aspect Biosystems has grown to a team of over 130, raised more than US$350 million, and developed an industry-leading tissue therapeutic platform. We are deeply committed to continuing to grow here in B.C., and it&#8217;s fantastic to see this new fund from InBC and UBC that will help more companies like Aspect scale and innovate here at home.&#8221;</em></p>
<cite><em>— </em> Tamer Mohamed, Founder and CEO, Aspect Biosystems</cite></blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“Some of the most impactful businesses in North America have begun at UBC. Access to capital is as competitive as ever, and it&#8217;s vital that we find new ways to support these innovative companies to grow, create jobs and stay right here at home in B.C. UBC and InBC&#8217;s initiative, representing one of the largest government investments of its kind in Canada, works in parallel with our Look West strategy, supporting a stronger, more resilient and more diverse economy that everyone in B.C. will benefit from.&#8221;</em></p>
<cite><em>— </em> Honourable Ravi Kahlon, Minister of Jobs and Economic Growth</cite></blockquote>
<p>The post <a href="https://inbcinvestment.com/catalyzing-bcs-next-wave-of-research-driven-companies/">Catalyzing B.C.’s Next Wave of Research-Driven Companies</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Invests in MarineLabs, Advancing Coastal Intelligence</title>
		<link>https://inbcinvestment.com/inbc-invests-in-marinelabs/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Wed, 22 Oct 2025 17:59:21 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[Blue Economy]]></category>
		<category><![CDATA[MarineLabs]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=5943</guid>

					<description><![CDATA[<p>InBC has invested in Victoria-based MarineLabs, a leader in maritime weather intelligence technology. MarineLabs operates a North America-wide fleet of [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-marinelabs/">InBC Invests in MarineLabs, Advancing Coastal Intelligence</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">InBC has invested in Victoria-based <a href="https://marinelabs.io/" target="_blank" rel="noreferrer noopener">MarineLabs</a>, a leader in maritime weather intelligence technology.</h4>



<p class="wp-block-paragraph">MarineLabs operates a North America-wide fleet of rugged ocean sensors that deliver hyper-local and high-resolution weather intelligence, providing real-time wind, wave and weather data along with AI-driven forecasts that enable maritime operators to make critical decisions with confidence.</p>



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<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>“MarineLabs is proud to be building Canadian-made technology that’s already making maritime operations measurably safer and more efficient across North America. With the support of BDC and InBC, we’re growing our network coverage and entering new markets to deliver even greater impact for the ports, pilots and terminals that keep our economy moving.”</em></p>
<cite>— Dr. Scott Beatty, Founder and CEO, MarineLabs</cite></blockquote>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">Its flagship product, <a href="https://marinelabs.io/coastaware/" target="_blank" rel="noreferrer noopener">CoastAware</a>, sets a new benchmark for weather intelligence by combining real-time data with advanced data processing. The subscription platform delivers hyper-local, real-time weather intelligence and AI-powered 10-day forecasts, helping ports, pilots and other maritime operators to make more confident decisions and improve efficiency and safety, while minimizing environmental impact.</p>



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<figure class="wp-block-image size-large"><img decoding="async" width="534" height="355" src="https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res-534x355.jpg" alt="" class="wp-image-5962" srcset="https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res-534x355.jpg 534w, https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res-533x355.jpg 533w, https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res-768x512.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res-1536x1024.jpg 1536w, https://inbcinvestment.com/wp-content/uploads/2025/10/CoastAware-Desktop-view-Hero-Shot-Web-Res.jpg 1682w" sizes="(max-width: 534px) 100vw, 534px" /><figcaption class="wp-element-caption">MarineLabs&#8217; CoastAware weather intelligence technology.</figcaption></figure>
</div>



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<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="534" height="355" src="https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-534x355.jpg" alt="MarineLabs' Sensor Enabled Buoy" class="wp-image-5963" srcset="https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-534x355.jpg 534w, https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-533x355.jpg 533w, https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-768x512.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-1536x1024.jpg 1536w, https://inbcinvestment.com/wp-content/uploads/2025/10/MarineLabs-Sensor-Enabled-Buoy-2048x1365.jpg 2048w" sizes="auto, (max-width: 534px) 100vw, 534px" /><figcaption class="wp-element-caption">A MarineLabs Sensor Enabled Buoy.</figcaption></figure>
</div>
</div>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">InBC invested in MarineLabs alongside BDC Capital’s Sustainability Venture Fund. Already active in four of Canada’s five largest ports, as well as internationally, the company will be using the investment to further expand its sensor network and grow its market share across North America.</p>



<p class="wp-block-paragraph">This investment is advancing InBC’s objective to support innovation and is enhancing safety and operations for coastal industries. It is supporting the growth of a globally competitive B.C.-based business that is developing IP on Vancouver Island and contributing to jobs and economic growth in the region.</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://marinelabs.io/marinelabs-closes-4-million-investment-from-bdc-and-inbc-enabling-coastal-ai-at-scale/" target="_blank" rel="noreferrer noopener">Read Press Release</a></div>
</div>



<p class="wp-block-paragraph"><a href="https://inbcinvestment.com/portfolio/">See InBC’s Portfolio</a></p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p class="wp-block-paragraph">Are you a B.C.-based company ready to scale in the market and looking for investment? Learn more about how InBC is investing in British Columbia and connect with our team today: <a href="/companies/">Learn More</a></p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-marinelabs/">InBC Invests in MarineLabs, Advancing Coastal Intelligence</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Appoints Thomas Park as New Chief Investment Officer to Lead its Next Stage of Growth</title>
		<link>https://inbcinvestment.com/inbc-appoints-thomas-park-chief-investment-officer/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Wed, 10 Sep 2025 13:48:48 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Updates]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=5828</guid>

					<description><![CDATA[<p>Park’s background includes notable roles at BDC Capital, Gates Foundation and McKinsey &#38; Co. VANCOUVER, B.C. — InBC Investment Corp. [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-appoints-thomas-park-chief-investment-officer/">InBC Appoints Thomas Park as New Chief Investment Officer to Lead its Next Stage of Growth</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">Park’s background includes notable roles at BDC Capital, Gates Foundation and McKinsey &amp; Co.</h4>



<p class="wp-block-paragraph"><strong>VANCOUVER, B.C. —</strong> InBC Investment Corp. (InBC or the Corporation), a provincial Crown corporation and strategic investment fund with $500 million to invest in the growth of B.C. scaleup businesses, today announced the appointment of Thomas Park as its new Chief Investment Officer, effective September 8, 2025.</p>



<p class="wp-block-paragraph">As a seasoned community builder, investor, lawyer and consultant, and BDC Capital and Gates Foundation alum, Park will lead InBC’s investment team and strategy, expanding the Corporation’s portfolio of company and venture fund investments to drive economic growth across the province.</p>



<p class="wp-block-paragraph">“We are delighted to welcome Thomas Park to InBC,” said Suzanne Trottier, Board Chair of InBC. “Park’s proven leadership and comprehensive experience backing successful companies and creating long-term impact makes him the ideal person for advancing InBC’s mission to grow B.C. businesses and invest in a strong economic future.”</p>



<p class="wp-block-paragraph">Park brings with him a broad and diverse set of experiences and credentials. Most recently, he spent close to a decade at BDC, shaping its VC strategy and leading a team to develop new initiatives like the Industrial Innovation Fund, IP Financing Fund and COVID Relief Program. He went onto become a Lead Partner of the BDC Deep Tech Fund, executing investments in software and AI.</p>



<p class="wp-block-paragraph">Prior to that, he worked on public-private partnerships and impact investing at the Gates Foundation and advised on operational transformations and private equity at McKinsey &amp; Co. Park began his career as a corporate lawyer at McCarthy Tétrault before transitioning to mission-driven roles at the United Nations and other international organizations.</p>



<p class="wp-block-paragraph">“I’m grateful to the InBC team and Board of Directors for their confidence,” shared Park. “InBC is deploying strategic capital to deliver returns while broadening opportunity in B.C. I’m excited to help scale a resilient, diversified portfolio with founders and funds across the province.”</p>



<p class="wp-block-paragraph">InBC began investing in the fall of 2022 and has so far committed $179 million of its $500 million. Currently, its portfolio is supporting the growth of 36 B.C. businesses in a variety of sectors, ranging from life sciences to cleantech, that are driving innovation and economic and jobs growth in B.C.</p>



<p class="wp-block-paragraph">Park’s appointment comes at a time in which InBC is focused on further expanding and diversifying its portfolio, while supporting the success of the companies and funds it has already invested in. The Corporation will soon begin exploring options to recapitalize and grow the fund, as its next phase of growth.</p>



<p class="wp-block-paragraph">***</p>



<p class="wp-block-paragraph"><strong>About InBC Investment Corp. (InBC)</strong></p>



<p class="wp-block-paragraph">InBC is a strategic investment fund established by the Province of British Columbia (B.C.) to invest in growing, innovative companies and venture funds to benefit B.C. It is investing to generate competitive financial returns alongside measurable economic, social and environmental benefits for the province. Its investments are anchoring promising companies to continue growing and staying in the province, creating jobs and boosting innovation, including growing research and development and retaining intellectual property in B.C. To learn more: <a href="http://www.inbcinvestment.ca">www.inbcinvestment.ca</a></p>



<p class="wp-block-paragraph"><strong><br>Media Contact:</strong><br>Hayley Suchanek<br>289-681-2477<br><a href="mailto:Hayley.suchanek@kaiserpartners.com">Hayley.suchanek@kaiserpartners.com</a></p>



<p class="wp-block-paragraph"><strong>Media Kit:</strong> <a href="https://drive.google.com/drive/folders/1nBaE94Y0qS9YrcTp0yKZe4pNN1tJaKya?usp=sharing" target="_blank" rel="noreferrer noopener">Thomas Park&#8217;s Headshot</a></p>
<p>The post <a href="https://inbcinvestment.com/inbc-appoints-thomas-park-chief-investment-officer/">InBC Appoints Thomas Park as New Chief Investment Officer to Lead its Next Stage of Growth</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Announces Leadership Changes</title>
		<link>https://inbcinvestment.com/inbc-announces-leadership-changes/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Tue, 02 Sep 2025 19:20:37 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Updates]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=5819</guid>

					<description><![CDATA[<p>VANCOUVER, B.C. — InBC Investment Corp. (InBC or the Corporation), a provincial Crown corporation and strategic investment fund with $500 [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-announces-leadership-changes/">InBC Announces Leadership Changes</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<p class="wp-block-paragraph"><strong>VANCOUVER, B.C. — </strong>InBC Investment Corp. (InBC or the Corporation), a provincial Crown corporation and strategic investment fund with $500 million to invest in the growth of B.C. scaleup businesses, today announced that Jill Earthy will be transitioning from her role as Chief Executive Officer (CEO) of the Corporation, effective September 9, 2025.</p>



<p class="wp-block-paragraph">“Since joining us four years ago during a period of rapid growth, Ms. Earthy has been an invaluable part of InBC and her work has shaped where the company is today,” said Suzanne Trottier, Board Chair of InBC. “From establishing InBC to building the processes and team, her legacy will continue to benefit the team as InBC moves forward in this next phase of growth.”</p>



<p class="wp-block-paragraph">InBC thanks Ms. Earthy for her four years of leadership and remarkable contributions during her tenure.</p>



<p class="wp-block-paragraph">“As the inaugural CEO of InBC, it has been an honour to establish the organization as a critical source of capital for growing B.C. companies,” said&nbsp;Jill Earthy. “With the incredible team in place, and with the guidance of renewed leadership, InBC is well-positioned to deepen its positive impact on the province, driving long-term economic benefits to B.C.”</p>



<p class="wp-block-paragraph">Within the past three years, InBC has invested nearly $200 million into 36 B.C. companies, comprising 15 direct company investments and 9 venture funds that invest in B.C. These investments have grown to represent close to $100 million in B.C. company revenues, 2,000 B.C. jobs, and over $200 million in research and development spending. InBC has built a strong, diverse portfolio aligned with a complex mandate, while navigating shifting geopolitical and economic conditions. Since inception, InBC has strengthened B.C.’s venture capital ecosystem, attracted capital to the province, and earned a reputation as a trusted partner. This foundation positions the organization for greater impact in its next phase.</p>



<p class="wp-block-paragraph">Dr. Daniel Muzyka, member of InBC’s Board of Directors, has been appointed as Acting CEO of InBC, effective September 10, 2025. Dr. Muzyka is the former Dean of the UBC Sauder School of Business and Emeritus Professor of Entrepreneurship. He has held leadership roles and served on numerous boards and commissions.</p>



<p class="wp-block-paragraph">Dr. Muzyka will provide leadership and continuity during the transition period and will be an excellent steward for the day-to-day operations of InBC, while the Board of Directors launch a competitive process to appoint the new CEO.</p>



<p class="wp-block-paragraph">“InBC continues to demonstrate a resilient leadership with a clear strategic vision, remaining firmly committed to delivering strong financial returns while creating positive economic, social, and environmental impact for B.C.,” added Ms. Trottier.</p>



<p class="wp-block-paragraph">***</p>
<p>The post <a href="https://inbcinvestment.com/inbc-announces-leadership-changes/">InBC Announces Leadership Changes</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Commits Follow-on Investment to Salmon Arm-based 4AG Robotics</title>
		<link>https://inbcinvestment.com/inbc-commits-follow-on-investment-4ag-robotics/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Tue, 29 Jul 2025 16:37:28 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[4AG Robotics]]></category>
		<category><![CDATA[Agribusiness]]></category>
		<category><![CDATA[agritech]]></category>
		<category><![CDATA[agtech]]></category>
		<category><![CDATA[AI]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=5687</guid>

					<description><![CDATA[<p>InBC has committed our first follow-on investment in a company to 4AG Robotics, developer of the first fully autonomous mushroom [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-commits-follow-on-investment-4ag-robotics/">InBC Commits Follow-on Investment to Salmon Arm-based 4AG Robotics</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">InBC has committed our first follow-on investment in a company to 4AG Robotics, developer of the first fully autonomous mushroom harvesting system.</h4>



<p class="wp-block-paragraph"><a href="https://4ag.ai/" target="_blank" rel="noreferrer noopener">4AG Robotics</a> was InBC’s first direct investment in a company, which we announced in the fall of 2023. In less than two years, we have watched the company grow from prototype to its autonomous, vision-guided mushroom harvesting robots now deployed on three continents, helping farmers in B.C. and across the world to improve operating efficiencies and reduce food waste while addressing labour challenges.</p>



<p class="wp-block-paragraph">Mushroom farming is the original vertical farm and today, mushrooms grow on aluminum shelves known as “Dutch racks” in dark, humid environments. Because mushrooms double in size every 24 hours, harvesting is required around the clock. This work is physically demanding with workers reaching between shelves to hand-pick the mushrooms. 4AG Robotics is tackling this global challenge — addressing labour shortages, improving product consistency, and optimizing mushroom yield and quality through advanced automation and AI.</p>



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<figure class="aligncenter size-full"><img loading="lazy" decoding="async" width="2064" height="870" src="https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498.jpg" alt="4AG Robotic's Forager HX400 mushroom picking robot" class="wp-image-5693" srcset="https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498.jpg 2064w, https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498-540x228.jpg 540w, https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498-534x225.jpg 534w, https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498-768x324.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498-1536x647.jpg 1536w, https://inbcinvestment.com/wp-content/uploads/2025/07/Robot-Forager-HX400-in-Action-1-72dpi-e1753805321498-2048x863.jpg 2048w" sizes="auto, (max-width: 2064px) 100vw, 2064px" /></figure>
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<p class="has-text-align-center wp-block-paragraph">The Forager HX400: 4AG Robotics’ autonomous, vision-guided mushroom harvesting robot.</p>
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<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">The company’s autonomous, vision-guided robots can pick, trim and pack mushrooms. They are retrofitted directly to a farm’s existing shelving and are mobile between growing rooms for optimal efficiency. This flexibility enables 4AG to scale the deployment of its robots onto farms across the world. Integrated with AI, the robots continue to make smarter decisions over time — on which mushrooms to harvest, when to harvest and how to optimize trimming — continuously improving yield and quality.</p>



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<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="2000" height="1140" src="https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800.jpg" alt="4AG team building robots" class="wp-image-5697" style="object-fit:cover;width:528px;height:275px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800.jpg 2000w, https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800-540x308.jpg 540w, https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800-534x304.jpg 534w, https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800-768x438.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/07/4AG-Team-Building-Robots-e1753805858800-1536x876.jpg 1536w" sizes="auto, (max-width: 2000px) 100vw, 2000px" /></figure>
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<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1920" height="2560" src="https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia.jpg" alt="4AG team installing robots onto farms" class="wp-image-5698" style="object-fit:cover;width:224px;height:275px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia.jpg 1920w, https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia-266x355.jpg 266w, https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia-768x1024.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia-1152x1536.jpg 1152w, https://inbcinvestment.com/wp-content/uploads/2025/07/Team-Unpacking-Robots-on-Farm-in-Australia-1536x2048.jpg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></figure>
</div>
</div>



<p class="has-text-align-center wp-block-paragraph" style="font-size:11px">4AG Robotics employees building Forager HX400 harvesting robots and installing them onto farms.</p>



<p class="wp-block-paragraph">The company, based in Salmon Arm, recently expanded with a satellite office in Vancouver, representing a significant milestone in its growth. 4AG proves that you can build a global category leader in a small town, supporting economic growth and jobs in its community. Last month, the Thompson Okanagan Business Excellence Awards <a href="https://www.vernonmorningstar.com/business/okanagan-businesses-rewarded-for-excellence-8094629" target="_blank" rel="noreferrer noopener">recognized 4AG as Big Business of the Year</a> for its economic impact in the region.</p>



<p class="wp-block-paragraph">InBC committed our follow-on investment to 4AG Robotics’ Series B alongside other investors, which closed at $40 million — an up round in a market where that’s increasingly rare. The raise comes on the heels of rapid commercial growth: 4AG has expanded across three continents, sold dozens of robots and deployed systems at the world’s leading mushroom farms, all while building from a small town in B.C. In a capital- and labour-constrained sector, this traction is no small feat. The new investment will support the company’s continued global expansion, team growth and mission to build a more sustainable food system powered by B.C. innovation.</p>



<p class="wp-block-paragraph">Congratulations to the entire 4AG Robotics team for its achievements.</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.newswire.ca/news-releases/4ag-robotics-raises-40-million-series-b-to-accelerate-global-adoption-of-autonomous-mushroom-harvesting-849068103.html" target="_blank" rel="noreferrer noopener">Read Press Release</a></div>
</div>



<p class="wp-block-paragraph"><a href="https://inbcinvestment.com/portfolio/">See InBC’s portfolio </a> </p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p class="wp-block-paragraph">InBC is investing in companies with strong connections to B.C and ready to scale in the market (typically raising a Series A or later round). Explore if InBC is the right investor for you and connect with our team today: <a href="https://inbcinvestment.com/companies/">Learn More</a></p>
<p>The post <a href="https://inbcinvestment.com/inbc-commits-follow-on-investment-4ag-robotics/">InBC Commits Follow-on Investment to Salmon Arm-based 4AG Robotics</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Invests in Brightspark Ventures, Welcoming Fund’s Expanded Presence in B.C.</title>
		<link>https://inbcinvestment.com/inbc-invests-in-brightspark-ventures/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Thu, 17 Apr 2025 16:45:59 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Brightspark Ventures]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=5129</guid>

					<description><![CDATA[<p>InBC has committed an investment into Brightspark Canadian Opportunities Fund II, a venture fund investing in early-stage technology companies that [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-brightspark-ventures/">InBC Invests in Brightspark Ventures, Welcoming Fund’s Expanded Presence in B.C.</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">InBC has committed an investment into Brightspark Canadian Opportunities Fund II, a venture fund investing in early-stage technology companies that are redefining the future.</h4>



<p class="wp-block-paragraph"><a href="https://brightspark.com/en" target="_blank" rel="noreferrer noopener">Brightspark Ventures</a> is a leading Canadian early-stage venture capital firm experienced in supporting Canadian technology companies for success. The fund will continue investing in groundbreaking early-stage technology companies, with a focus on supporting seed-stage ventures.</p>



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<figure class="wp-block-image size-full is-style-default"><img loading="lazy" decoding="async" width="2320" height="2318" src="https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited.jpg" alt="Andrew Lugsdin" class="wp-image-5139" srcset="https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited.jpg 2320w, https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited-355x355.jpg 355w, https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited-200x200.jpg 200w, https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited-768x767.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited-1536x1536.jpg 1536w, https://inbcinvestment.com/wp-content/uploads/2025/04/Andrew-Lugsdin-edited-2048x2046.jpg 2048w" sizes="auto, (max-width: 2320px) 100vw, 2320px" /></figure>
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<p class="wp-block-paragraph"><em>“The Brightspark team truly is passionate about what they do. They thrive on partnering with founders and they want to be a part of building great, global companies. I’m excited to bring my experience and energy to help build on that foundation. Being based out west, I also want to help Brightspark tap into the incredible talent and innovation happening here, and connect the firm with the teams building new, impactful companies.”</em></p>
<cite>— Andrew Lugsdin, Partner, Brightspark Ventures</cite></blockquote>
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<p class="wp-block-paragraph">Brightspark Ventures expanded its presence in British Columbia with the appointment of a B.C.-based Partner, Andrew Lugsdin, to lead the fund’s investments in Western Canada. Lugsdin, who is a seasoned investor and startup consultant with over twenty years of experience, has a strong track record for investing in and supporting B.C. technology companies. Since InBC’s investment, Brightspark has already made an investment in B.C.-based <a href="https://retreatsandvenues.com/" target="_blank" rel="noreferrer noopener">RetreatsAndVenues</a>, a B2B marketplace that is transforming how companies find and book corporate retreat spaces and logistics.</p>



<p class="wp-block-paragraph">InBC’s investment in Brightspark Ventures is helping to increase the number of investors in the province, driving more investment activity and strengthening the overall business environment for more companies to grow and thrive in B.C.</p>



<p class="wp-block-paragraph">Learn more about Brightspark’s commitment to B.C. and get to know Andrew, including his extensive experience and how he supports founders, in this spotlight interview:</p>



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<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://brightspark.com/blog/meet-andrew-lugsdin-our-newest-partner-empowering-west-coast-innovation" target="_blank" rel="noreferrer noopener">Read Article</a></div>
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<p class="wp-block-paragraph"><a href="/portfolio">See InBC’s portfolio</a></p>



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<p class="wp-block-paragraph">InBC invests in venture funds to increase the number of investors in the province and reach more B.C. companies across a range of sectors, growth stages and impact areas. Funds looking for an investment can learn more and connect with our team <a href="/funds">here</a>.</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-in-brightspark-ventures/">InBC Invests in Brightspark Ventures, Welcoming Fund’s Expanded Presence in B.C.</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Invests in Vanedge Capital to Support Early-stage Hard Tech Companies</title>
		<link>https://inbcinvestment.com/inbc-invests-vanedge-capital/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Thu, 20 Mar 2025 15:52:18 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Deep Tech]]></category>
		<category><![CDATA[Hard Tech]]></category>
		<category><![CDATA[Vanedge Capital]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=4997</guid>

					<description><![CDATA[<p>InBC has committed $10 million into Vanedge Capital&#8216;s Fund IV, a Vancouver-based venture fund focused on investing in early-stage hard [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-vanedge-capital/">InBC Invests in Vanedge Capital to Support Early-stage Hard Tech Companies</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">InBC has committed $10 million into <a href="https://www.vanedgecapital.com/" target="_blank" rel="noreferrer noopener">Vanedge Capital</a>&#8216;s Fund IV, a Vancouver-based venture fund focused on investing in early-stage hard tech (deep tech) companies.</h4>



<p class="wp-block-paragraph">With over 20 years of experience, Vanedge Capital has a proven track record for building and leading world-class companies. In addition to providing investment capital, the team brings its deep technical expertise and extensive network to help exceptional entrepreneurs to scale their businesses and attract follow-on capital.</p>



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<p class="wp-block-paragraph"><em>&#8220;We appreciate InBC’s investment in Vanedge Capital’s Fund IV and are proud to be part of B.C.’s thriving technology ecosystem. Over the years, we have backed successful B.C. companies such as Canalyst, Bonsai Micro, Wurldtech, Axine, Recon Instruments, Autozen, Dyspatch and Vodasafe, among many others. Additionally, our team has played key roles in the growth of companies like Bycast, D-Wave, ALI Technologies and Electronic Arts. We look forward to working with InBC to continue fostering innovation and supporting B.C.’s entrepreneurial talent.&#8221;</em></p>
<cite>— Paul Lee, Managing Director, Vanedge Capital</cite></blockquote>



<p class="wp-block-paragraph">Based in Vancouver, Vanedge Capital has a history of backing innovative B.C.-based companies. With this financing, the fund will continue to invest in visionary technologists that are solving technical and business problems on a global scale.<br><br>InBC invested in Vanedge Capital alongside other investors. This investment is fostering more investment activity in B.C. and leveraging the fund’s expertise to support early-stage hard tech companies in the province.</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="/portfolio">See InBC’s Portfolio</a></div>
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<p class="wp-block-paragraph">InBC invests in venture funds to increase the number of investors in the province and reach more B.C. companies across a range of sectors, growth stages and impact areas. Funds looking for an investment can learn more and connect with our team <a href="/funds">here</a>.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-vanedge-capital/">InBC Invests in Vanedge Capital to Support Early-stage Hard Tech Companies</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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		<title>InBC Invests in Novarc Technologies, Advancing Intelligent Welding Technology for Industrial Manufacturing</title>
		<link>https://inbcinvestment.com/inbc-invests-novarc-technologies/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Tue, 11 Mar 2025 17:09:13 +0000</pubDate>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[Novarc Technologies]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=4959</guid>

					<description><![CDATA[<p>InBC has invested in Novarc Technologies, a robotics company pioneering autonomous welding solutions for the next era of manufacturing. Novarc [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-novarc-technologies/">InBC Invests in Novarc Technologies, Advancing Intelligent Welding Technology for Industrial Manufacturing</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<h4 class="wp-block-heading">InBC has invested in <a href="https://www.novarctech.com/" target="_blank" rel="noreferrer noopener">Novarc Technologies</a>, a robotics company pioneering autonomous welding solutions for the next era of manufacturing.</h4>



<p class="wp-block-paragraph">Novarc Technologies is a full-stock robotics company specializing in the design and manufacturing of automated welding solutions. Its suite of products includes the Spool Welding Robot (SWR<sup>TM</sup>), a first-of-its-kind autonomous pipe welding robot, and NovAI<sup>TM</sup>, an AI-driven machine vision system that enables robots to see, think and adapt like an expert welder. By using machine vision and real-time adjustments, NovAI ensures consistent, high-quality welds in almost any condition.</p>



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<p class="wp-block-paragraph"><em>“This new capital from this oversubscribed round will enable us to accelerate our product development, expand our market presence and continue delivering innovative solutions that meet the evolving needs of our customers. We remain committed to pushing the boundaries of what&#8217;s possible in robotic welding, and this investment brings us one step closer to achieving our goals.”</em></p>
<cite>— Soroush Karimzadeh, CEO, Novarc Technologies</cite></blockquote>



<p class="wp-block-paragraph">Novarc’s autonomous welding solutions can be tailored to the unique needs of a wide variety of industries, ranging from shipbuilding to biotechnology and food and dairy production. The company’s innovative technology is helping industrial manufacturers maximize productivity while setting a new global standard for welding precision and quality. Today, Novarc’s robots are trusted by customers on four continents, including by B.C. manufacturers across the province, and is continuing to expand around the globe.</p>



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<iframe loading="lazy" title="NovAI&#x2122; - Adaptive Welding" width="640" height="360" src="https://www.youtube.com/embed/t1MlFJOV-3w?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<p class="wp-block-paragraph"><br>InBC invested in Novarc Technologies alongside other investors. With this latest financing, the company will be expanding its market presence and advancing its research and development, including the development of its AI-driven solutions such as NovAI. Based in Burnaby, B.C., Novarc’s growing team is supporting local jobs in engineering, software development, robotics, AI and more.</p>



<p class="wp-block-paragraph">InBC’s investment in Novarc Technologies is supporting robotics and AI innovation in B.C. and helping to advance industrial manufacturing industries for future economic growth. This investment aligns with InBC’s investment theme to innovate for the future.</p>



<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.novarctech.com/company/press-releases/novarc-raises-50-million-series-b-to-expand-its-ai-powered-machine-vision-novai-for-automated-welding-solutions/" target="_blank" rel="noreferrer noopener">Read Press Release</a></div>
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<p class="wp-block-paragraph">Are you a growing, innovative company looking for investment? InBC is providing equity investment to private companies with potential to generate positive impacts for the people of B.C. <a href="/companies">Connect today</a></p>
<p>The post <a href="https://inbcinvestment.com/inbc-invests-novarc-technologies/">InBC Invests in Novarc Technologies, Advancing Intelligent Welding Technology for Industrial Manufacturing</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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