InBC Portfolio Company Updates: August 2025 Edition

August 14, 2025

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 employment growth in their communities.

As of July 31, 2025, InBC’s portfolio is supporting 36 B.C. companies employing over 1,800 British Columbians.

Catch up on what some of them have been up to in the last few months.

4AG Robotics just completed its Series B raise, an up round closing at $40 million, which will enable the company to continue expanding its manufacturing footprint in Salmon Arm, B.C., grow its team and further develop its technology. This comes on the heels of the company’s rapid commercial growth, with its harvesting robots now deployed across Canada, Ireland and Australia, and soon in the Netherlands and United States. In June, the Thompson Okanagan Business Excellence Awards named 4AG Big Business of the Year for its economic impact in the region.

4AG Robotics’ growing team of employees.

Arca logo

Arca, a leading Industrial Mineralization company, has announced that its methodology for permanent carbon removal has been validated by DNV, the global independent leader and energy expert in quality and risk assurance. This is the first time a mineralization methodology focused on enhanced air capture and ex-situ mineralization within ultramafic mine tailings has received such recognition, marking a milestone for the Carbon Dioxide Removal (CDR) industry.

Aspect Biosystems logo

Aspect Biosystems presented new preclinical data on adrenal Bioprinted Tissue Therapeutics, advancing a potential treatment for primary adrenal insufficiency as an alternative to hormone replacement therapy and its associated side effects. Recently, Aspect’s CEO Tamer Mohamed was named in BIV’s annual BC500 list as one of the most influential business leaders in B.C. under the innovation category.

ChopValue logo

ChopValue partnered with Purebread to introduce new sustainable countertops and tables engineered from recycled chopsticks to its YVR Airport terminal location. Since 2017, more than 1.5 million chopsticks have been collected at YVR Airport through ChopValue and transformed into new viable products, diverting material from landfill and saving over 77,000 kilograms of CO2e emissions.

In June, ChopValue received the A&W Award of Excellence for its team’s performance and service to the restaurant chain in 2024.

ChopValue’s premium engineered wood furniture installed at Purebread’s YVR Airport restaurant.

Mangrove Lithium logo

Mangrove Lithium gave a sneak peek of its new lithium refining facility in Delta, B.C. to the Minister of Jobs and Economic Growth Honourable Ravi Kahlon, Premier of B.C. Honourable David Eby, and InBC. Slated to become operational later this year, the state-of-the-art facility will be the first commercial electrochemical lithium refining facility in North America, and a significant milestone in securing B.C. and Canada’s battery-grade lithium supply chain. Just last month, the company unveiled plans for a second larger refinery to meet strong demand from multiple leading battery gigafactories.

Mangrove Lithium employee giving tour to Eby
Mangrove Lithium employees giving a tour of its upcoming lithium refining facility in Delta B.C.

Svante logo

Svante has signed a joint development agreement with Samsung E&A, a total solutions provider for the global energy industry. In May, the company launched the new Centre for Excellence for Carbon Capture and Removal in Burnaby, B.C., the world’s first gigafactory for carbon capture and removal filters. Spanning 141,000 square feet, the facility is equipped to manufacture filters to capture up to 10 million tonnes of CO2 annually, equivalent to the emissions of more than 27 million cars.

Svante’s CEO Claude Letourneau at the grand opening of its new gigafactory in Burnaby B.C.

Poseidon Ocean Systems logo

Poseidon Ocean Systems reached a milestone producing its 100th Flowpressor® unit, a testament to the skill and dedication of its team in Campbell River, B.C. where each unit is designed, built and shipped to customers worldwide. The company also launched the second generation of its Oxypressor, improving energy efficiency and farming conditions for offshore aquaculture operations.

These are just a few of the B.C. companies in our portfolio driving innovation and creating meaningful impact locally and globally. See more of them in our portfolio.

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