Companies Archives - InBC Investment Corp

Photonic Inc.

Eva Zhu — Thu, 30 Apr 2026 17:36:23 +0000

Photonic Inc. is a leading quantum computing company building the world’s first commercial-scale, fault-tolerant quantum computer. Designed for unlimited scalability, its technology has the potential to accelerate development across a wide range of industries, from drug discovery to climate modelling, and secure communications to advanced AI.

Established
2016

Aligned investment theme
Innovating for the future

Purpose
To accelerate solutions to the world’s most critical problems

Year invested
2026

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MarineLabs

Eva Zhu — Wed, 22 Oct 2025 16:34:36 +0000

MarineLabs’ sensor networks provide hyper-localized, high-resolution weather and oceanic data for coastal intelligence, enhancing marine safety and operations, and building climate-resilient coastlines. Its real-time weather information and AI-driven forecasting are empowering users to make smarter, safer maritime decisions.

Established
2017

Aligned investment theme
Innovating for the future

Purpose
To improve the efficiency and safety of coastal marine operations

InBC commitment amount
$3 million

Year invested
2025

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VodaSafe

Eva Zhu — Thu, 29 May 2025 21:05:35 +0000

VodaSafe manufactures AquaEye® hand-held sonar systems that use artificial intelligence to quickly locate drowning victims underwater to aid in lifesaving and victim recovery. Its customers — firefighters, search and rescue, law enforcement, military and lifeguards — also stay safe by reducing their search time in the water by 90 percent.

“From day one we wanted to build and manufacture product right here in B.C., despite pressures to move offshore. We have the capability and the talent to foster a tech community here at home and InBC, who’s investing in a better tomorrow, is very aligned with our vision.”
– Carlyn Loncaric, CEO, VodaSafe

Established
2014

Aligned investment theme
Innovating for the future

Purpose
To transform water rescue and victim recovery.

Year invested
2024

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Novarc Technologies

Eva Zhu — Tue, 11 Mar 2025 17:05:25 +0000

Novarc Technologies is a full-stack robotics company and pioneer of autonomous welding technology. Its intelligent cobots and AI-driven systems are redefining industrial capabilities, maximizing productivity and setting new standards of welding precision and quality across a range of manufacturing sectors.

“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’s possible in robotic welding, and this investment brings us one step closer to achieving our goals.”
— Soroush Karimzadeh, CEO, Novarc Technologies

Established
2013

Aligned investment theme
Innovating for the future

Purpose
To pioneer the future of welding and shape the next era of manufacturing.

InBC commitment amount
$10.9 million

Year invested
2024

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Reverb Therapeutics

Eva Zhu — Wed, 19 Feb 2025 16:51:11 +0000

Reverb Therapeutics is a biotechnology company harnessing the body’s natural immune system and cytokine signalling to treat life-threatening diseases. Its novel antibody-based Amplify•R platform amplifies and redirects endogenous cytokines to tissues of interest for the potential treatment of cancer, autoimmune conditions and other diseases.

“We are excited to have the backing of this standout group of investors as we advance the Amplify•R platform. The Amplify•R platform has broad potential across many cytokines. With this funding, we will take our lead IL-15 bispecific program to the candidate stage and will develop additional bispecific programs spanning other cytokines and additional cellular targets.”
— David de Graaf, Ph.D, CEO of Reverb Therapeutics

Established
2023

Aligned investment theme
Enhancing social wellbeing

Purpose
To develop precision medicines for life-threatening diseases

InBC commitment amount
$3 million

Year invested
2024

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Aspect Biosystems

Eva Zhu — Wed, 08 Jan 2025 17:31:55 +0000

Aspect Biosystems is a biotechnology company pioneering Bioprinted Tissue Therapeutics to transform how we treat some of the most elusive diseases. Its full-stack tissue therapeutic platform integrates proprietary AI-powered bioprinting technology, computational design tools, therapeutic cells and advanced biomaterials to create implantable tissues that can replace, repair or supplement biological functions.

“At Aspect Biosystems, we’re pioneering a new category of regenerative medicine to restore function in the body and transform the lives of patients with serious diseases. Support from InBC strengthens our mission and B.C.’s growing biotech ecosystem, helping ensure that life-changing health innovations can be developed and scaled right here at home.”
— Tamer Mohamed, Founder & CEO, Aspect Biosystems

Established
2013

Aligned investment theme
Elevating inclusive communities

Purpose
To transform how we treat the most elusive diseases

Year invested
2024

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Svante Technologies

Eva Zhu — Tue, 26 Nov 2024 16:54:46 +0000

Svante Technologies Inc. (Svante) is a leading carbon capture and removal solutions provider that develops nanoengineered filters and modular rotary contactor machines to trap and remove carbon dioxide (CO₂) from industrial emissions and the air. Its technology has the potential to accelerate emissions reductions in biogenic, industrial and energy sectors worldwide.

Established
2007

Aligned investment theme
Driving climate action

Purpose
To reverse the human impact on the climate and accelerate the global transition to carbon neutrality with engineered solutions for carbon capture and removal.

InBC commitment amount
$15 million

Year invested
2024

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ChopValue

Eva Zhu — Tue, 27 Aug 2024 15:53:45 +0000

ChopValue is a circular product manufacturer transforming urban waste into climate positive, premium wood furniture and décor for homes and businesses. Its value-added, engineered products are high-performing and carbon negative, offering clients a sustainable alternative to existing wood options.

“With InBC’s funding, we are able to further advance our long-term vision of converting underutilized urban resources into responsible, circular products. Their focus on solutions to achieve net-zero emissions and support the circular economy greatly amplifies our efforts to develop products that store carbon, while contributing to a climate resilient economy in B.C.”
— Felix Böck, CEO and Founder, ChopValue

Established
2016

Aligned investment theme
Driving climate action

Purpose
To redefine waste into resource and set a new standard for responsible manufacturing

InBC commitment
$4 million

Year invested
2024

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Arca Climate Technologies

Eva Zhu — Thu, 15 Aug 2024 15:53:16 +0000

Arca’s carbon dioxide (CO₂) removal technology speeds up the natural process of carbon mineralization occurring in alkaline industrial waste, transforming CO₂ from the atmosphere into rocks for permanent storage. The company is partnering with existing industrial sites where alkaline waste is abundant, keeping its footprint light while accessing unprecedented opportunity to return atmospheric CO₂ into the ground.

“Arca is absolutely thrilled to be working with InBC. Our purpose is to stabilize the climate by capturing atmospheric CO₂and transforming into rock, where it is safely stored forever. This investment will help us continue to grow our team here in B.C. and build strategic partnerships with global producers of critical metals. With IP invented right here at the University of British Columbia, and this investment from InBC, Arca is another example of B.C.’s climate leadership.”
— Paul Needham, CEO, Arca Climate Technologies

Established
2021

Aligned investment theme
Driving climate action

Purpose
To restore the atmosphere by returning CO₂ into the ground and stabilize the climate

Year invested
2024

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Mangrove Lithium

Eva Zhu — Tue, 06 Aug 2024 15:51:56 +0000

Mangrove Lithium is a cleantech company that has developed a more sustainable and cost-effective method of refining lithium. It is helping to meet the increased global demand for sustainable critical minerals, decarbonizing the supply chain and supporting the energy transition to a net-zero future.

“Mangrove is committed to developing a local lithium supply chain. There was no better way to demonstrate this than working with InBC to build a first-of-a-kind lithium refining plant in Canada right here in our backyard. This investment is a critical step in ensuring North America has lithium refining capacity that can compete with the rest of the world. We are excited to partner with a B.C. organization who has a strong mandate centered around sustainability and mitigating climate change to help diversify B.C.’s economy.”
— Saad Dara, CEO, Mangrove Lithium

Established
2012

Aligned investment theme
Driving climate action

Purpose
To unlock a battery powered, clean energy future

InBC commitment
$6.9 million

Year invested
2024

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