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 November 30, 2025, InBC’s portfolio is directly and indirectly supporting 37 B.C. companies employing nearly 2,000 British Columbians.
Catch up on what some of them have been up to in the last few months.
4AG Robotics is celebrating 12 million mushrooms picked in 2025, an increase from two million in 2024. To accommodate its growth — with worldwide orders of its harvesting robots booked through to June 2026, it is moving into a new 36,000-square-foot production facility in Salmon Arm, B.C., which will enable the company to scale production up to four robots per week.
The company has also been snatching up accolades. It was recently recognized at the FIRA USA – World Ag Robotics Forum as Best Startup 2025. Earlier this year it picked up the same title at World FIRA, making it one of the few — if not only — companies to win the pitch and impress the investor jury in both North America and Europe.
Arca has signed an agreement with Microsoft for nearly 300,000 tonnes of durable carbon removal over 10 years. This agreement is a significant validation of Arca’s Industrial Mineralization solution that captures and permanently stores CO2 from the air as stable carbonate minerals. Microsoft’s long-term commitment is a major step in Arca’s trajectory from pilots to potentially million-tonne operations.
Vancouver-based ChopValue has expanded in the EMEA with a new satellite office in Copenhagen and its first microfactory in Madrid. Its parent company, Microfactory Venture Platform (MVP), is an approved vendor for Restaurant Brands Europe, which will enable ChopValue’s locally based microfactories to manufacture full-service furniture solutions for brands such as Popeyes and Burger King starting in Spain, Italy and Portugal.
On the R&D side, it has partnered with Takenaka Corporation to advance scalable circular construction materials. Through this collaboration, the company is transforming local waste into engineered materials, supporting Japan’s transition to low-carbon, resource-efficient manufacturing.
Pushing the boundaries of its sustainability, Mangrove Lithium is moving to commercialize a cement clinker substitute from the discards of its lithium processing, which will help cut greenhouse gas emissions from the cement sector. Clinker, the pebble-like ingredient used to make cement, is currently responsible for about seven percent of global carbon emissions.
More recently, the company has received a follow-on commitment from NorthX to help demonstrate the continuous operation of its lithium refining platform — the final step before commercial deployment.
Vancouver-based Netskrt has been busy growing its presence worldwide. The global CDN with last-mile awareness recently announced an expansion in Brazil, now covering over 60 delivery points and handling more than 5.0 Tbps of live and on-demand streaming video across a country with millions of sports fans. It has also announced a strategic partnership with Guam Exchange, improving connectivity, content delivery and access to quality streaming for users across the Pacific region. Lastly, Netskrt has partnered with MIX, one of Italy’s largest Internet Exchanges, to deliver high-quality streaming video to subscribers across the country while also reducing latency and traffic strain on local infrastructure.
Novarc’s Open House in November welcomed InBC, Seaspan, Pacific Economic Development Canada (PacifiCan) and Honourable Paul Choi, Parliamentary Secretary for Trade to its Burnaby headquarters. The company demonstrated its new SWR™ TIPTIG Autonomy, the world’s first fully autonomous Tungsten Inert Gas (TIG) welding solution that can deliver precision and consistency previously unattainable in TIG welding. The technology has the potential to improve productivity, safety and weld quality across a wide range of industries such as shipbuilding, energy and clean technology.
Novarc was recently named one of the fastest growing companies in North America in Deloitte’s Technology Fast 500 list.
Burnaby-based Svante has announced a pilot project with Södra, Sweden’s largest forest-owner association which will test the company’s carbon capture technology for potential large-scale adoption. Svante’s entry into the EU forestry sector represents a significant step towards scaling biogenic carbon capture in pulp and paper production. Aligned with Sweden’s national climate strategy, this project is partially funded by Industriklivet, part of the EU’s Recovery and Resilience Facility (RRF) under the Next Generation EU programme.
Watch Svante’s explainer video on carbon management:
Supported by Yaletown Partners
Inverted AI has partnered with Foretellix to advance scenario-based testing with realistic and targeted AI-based simulation. A pioneer of predictive human behaviour models for simulation and planning, Inverted AI is using real-world data to train policies critical for achieving fully autonomous vehicles.
Supported by Active Impact Investments
North Vancouver-based Jetson’s Air heat pump has been named one of TIME’s Best Inventions of 2025. Jetson is on a mission to replace fossil-fueled heating systems with advanced electric heat pumps that cut emissions, save on energy and lower costs for homeowners across North America.
Supported by Evok Innovations
For the fifth year in a row, MineSense Technologies has been recognized by Deloitte’s Technology Fast 50 as one of the fastest-growing technology companies in Canada. MineSense’s technology unlocks orebody knowledge in real-time, improving ore recovery, minimizing environmental impact and increasing efficiency in mining operations such as in the critical minerals industry essential to the energy transition.
Supported by Yaletown Partners
Photonic has advanced to Stage B of Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI), the stage of validation which will assess the plausibility of its R&D roadmap towards industrial quantum performance. Photonic is building one of the world’s first commercial-scale quantum computing systems, with potential use case for a wide range of industries.
Supported by Yaletown Partners
SALUS has launched a smarter version of its SALUS IQ, its AI-powered engine that searches across thousands of safety regulations, manuals and best practices to provide immediate answers for the construction industry. SALUS’ digital safety platform is helping construction teams to simplify risk management, enhance compliance and improve safety.
Supported by Brightspark Ventures
ShopVision has partnered with Similarweb to bring traffic trend data into its industry-wide reporting. An AI super agent and e-commerce intelligence platform, ShopVision is helping merchants to understand the market in real-time and respond quickly.
Supported by Pender Ventures
Veritree is another B.C. company that has been recognized in Deloitte’s Technology Fast 50 as one of the fastest growing companies in Canada. Veritree helps businesses invest confidently in restoration projects with real-time, on-the-ground data providing transparency and measurable impact. In October, Veritree’s corporate partners pledged 6.9 million tree plantings as part of their commitments to ecosystem restoration.
A few months back, Veritree was also named in The Globe and Mail’s ranking of Canada’s Top Growing Companies. All three of the Pender invested companies named in the list — Veritree, Jane App and Traction Rec — are notably based in B.C. (Note: Pender invested in Jane prior to InBC’s commitment and it is not counted under our portfolio)
These are just a few examples of the companies and funds in our portfolio driving impact both here in B.C. and across the globe.
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