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	<title>ThoughtExchange Archives - InBC Investment Corp</title>
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		<title>InBC Portfolio Company Updates: February 2025 Edition</title>
		<link>https://inbcinvestment.com/inbc-portfolio-company-updates-february-2025/</link>
		
		<dc:creator><![CDATA[Eva Zhu]]></dc:creator>
		<pubDate>Fri, 14 Feb 2025 00:13:00 +0000</pubDate>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[Updates]]></category>
		<category><![CDATA[4AG Robotics]]></category>
		<category><![CDATA[Arca Climate Technologies]]></category>
		<category><![CDATA[ChopValue]]></category>
		<category><![CDATA[Clarius Mobile Health]]></category>
		<category><![CDATA[Netskrt Systems]]></category>
		<category><![CDATA[Sanctuary AI]]></category>
		<category><![CDATA[ThoughtExchange]]></category>
		<guid isPermaLink="false">https://inbcinvestment.com/?p=4660</guid>

					<description><![CDATA[<p>Since InBC’s investment, the companies in our portfolio have been busy growing their businesses. From expanding to new markets to [&#8230;]</p>
<p>The post <a href="https://inbcinvestment.com/inbc-portfolio-company-updates-february-2025/">InBC Portfolio Company Updates: February 2025 Edition</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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<p class="wp-block-paragraph">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 helping to strengthen British Columbia (B.C.) as a global innovation leader while driving economic growth and creating jobs in the province.</p>



<p class="wp-block-paragraph">As of December 31, 2024, <a href="https://inbcinvestment.com/portfolio/">InBC’s portfolio</a> is supporting 29 B.C. companies that are employing over 1,500 British Columbians.</p>



<p class="wp-block-paragraph">Catch up on what some of them have been up to in the last few months.</p>



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<figure class="wp-block-image size-full is-resized"><a href="https://4ag.ai/" target="_blank" rel=" noreferrer noopener"><img fetchpriority="high" decoding="async" width="1709" height="708" src="https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black.png" alt="4AG Robotics logo" class="wp-image-4860" style="width:150px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black.png 1709w, https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black-540x224.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black-534x221.png 534w, https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black-768x318.png 768w, https://inbcinvestment.com/wp-content/uploads/2025/02/4AG-Logo-PNG-Black-1536x636.png 1536w" sizes="(max-width: 1709px) 100vw, 1709px" /></a></figure>
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<p class="wp-block-paragraph">Salmon Arm-based <a href="https://4ag.ai/" target="_blank" rel="noreferrer noopener">4AG Robotics</a> has been getting its mushroom harvesting robots onto farms, expanding from one farm to now picking mushrooms on three continents. It has also made significant strides in its technology, <a href="https://4ag.ai/harvesting-robot/" target="_blank" rel="noreferrer noopener">unveiling robots</a> that can now reliably work 24 hours a day and pack mushrooms into small punnets ready for the grocery store. To support both the increase in sales and its production capacity, the company has doubled its team to 70 employees.<br><br>4AG Robotics just won the &#8220;Best Startup Award &#8211; Investor&#8217;s Choice&#8221; at The International Forum of Agricultural Robotics. In late 2024, Foresight Canada also named the company as one of <a href="https://foresightcac.com/foresight-50" target="_blank" rel="noreferrer noopener">“Canada’s Most Investable Cleantech Ventures”</a>, with a third-party auditor determining that its robots save a standard farm 8.4 million Kgs of CO<sub>2</sub> emissions annually.</p>



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<iframe title="Robots Picking Mushrooms - Fourth Generation (2025)" width="640" height="360" src="https://www.youtube.com/embed/T2ABV6Ci8C4?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>
</div><figcaption class="wp-element-caption">4AG Robotic&#8217;s fourth generation mushroom picking robot.</figcaption></figure>
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<figure class="wp-block-image size-full is-resized"><a href="https://arcaclimate.com/" target="_blank" rel=" noreferrer noopener"><img decoding="async" width="3799" height="1010" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1.png" alt="" class="wp-image-4664" style="width:150px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1.png 3799w, https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1-540x144.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1-534x142.png 534w, https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1-768x204.png 768w, https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1-1536x408.png 1536w, https://inbcinvestment.com/wp-content/uploads/2025/01/Arca_Yellow_Black_1_Full_Logo_RGB-1-2048x544.png 2048w" sizes="(max-width: 3799px) 100vw, 3799px" /></a></figure>
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<p class="wp-block-paragraph"><a href="https://arcaclimate.com/" target="_blank" rel="noreferrer noopener">Arca Climate Technologies</a> has been taking its innovations global, with a mission to drive industrial-scale climate action. In the past year it has advanced the world’s first carbon dioxide removal (CDR) demonstration project at an active mine site in Western Australia, advanced the development of its patented mineral activation technology to accelerate carbon capture and storage in mine waste, and formed partnerships with multiple mining companies to explore the suitability of their operations for CDR.&nbsp;Currently, the company is a finalist in the globally prestigious <a href="https://www.xprize.org/prizes/carbonremoval" target="_blank" rel="noreferrer noopener">XPRIZE Carbon Removal Competition</a>, with the grand prize winners to be announced on Earth Day 2025.</p>



<p class="wp-block-paragraph">In 2024, Foresight Canada named Arca as the <a href="https://foresightcac.com/article/winners-announced-in-fifth-annual-bc-cleantech-awards" target="_blank" rel="noreferrer noopener">“BC Cleantech Startup of the Year”</a> and one of <a href="https://foresightcac.com/foresight-50" target="_blank" rel="noreferrer noopener">“Canada’s Most Investable Cleantech Ventures”</a>.</p>



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<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="4032" height="1960" src="https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery.png" alt="Arca Climate Technologies' Smart Churning rover" class="wp-image-4811" srcset="https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery.png 4032w, https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery-540x263.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery-534x260.png 534w, https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery-768x373.png 768w, https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery-1536x747.png 1536w, https://inbcinvestment.com/wp-content/uploads/2025/02/ArcaWithMachinery-2048x996.png 2048w" sizes="auto, (max-width: 4032px) 100vw, 4032px" /><figcaption class="wp-element-caption">Arca Climate Technologies&#8217; Smart Churning rover.</figcaption></figure>
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<figure class="wp-block-image size-full is-resized"><a href="https://chopvalue.com/en-ca" target="_blank" rel=" noreferrer noopener"><img loading="lazy" decoding="async" width="400" height="100" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Logo_ChopValue.png" alt="ChopValue logo" class="wp-image-4700" style="width:150px"/></a></figure>
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<p class="wp-block-paragraph"><a href="https://chopvalue.com/en-ca" target="_blank" rel="noreferrer noopener">ChopValue</a> has been taking its local approach to manufacturing to new markets, expanding its microfactory network to nine countries while committing to producing and sourcing locally in each region. With <a href="https://chopvalue.com/en-ca/blogs/projects" target="_blank" rel="noreferrer noopener">partnerships</a> such as A&amp;W Restaurants in Canada and wagamama in the United Kingdom, the company is showcasing how businesses can thrive while embracing sustainability. To date, ChopValue has recycled over 204 million chopsticks and saved over 10 million kgCO2e emissions.</p>



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<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="2560" height="1706" src="https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-scaled.jpg" alt="ChopValue tables and benches at wagamama’s Clarks Village location." class="wp-image-4814" srcset="https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-scaled.jpg 2560w, https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-533x355.jpg 533w, https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-534x355.jpg 534w, https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-768x512.jpg 768w, https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-1536x1024.jpg 1536w, https://inbcinvestment.com/wp-content/uploads/2025/02/Wagamama-Clarks-Village-8-2048x1365.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /><figcaption class="wp-element-caption">ChopValue tables and benches at wagamama&#8217;s Clarks Village location which has achieved SKA Gold Certification.</figcaption></figure>
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<figure class="wp-block-image size-full is-resized"><a href="https://clarius.com/" target="_blank" rel=" noreferrer noopener"><img loading="lazy" decoding="async" width="615" height="180" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-Logo-Web.png" alt="Clarius logo" class="wp-image-4689" style="width:150px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-Logo-Web.png 615w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-Logo-Web-540x158.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-Logo-Web-534x156.png 534w" sizes="auto, (max-width: 615px) 100vw, 615px" /></a></figure>
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<p class="wp-block-paragraph">Since InBC’s investment and the opening of its new manufacturing facility in Vancouver, <a href="https://clarius.com/" target="_blank" rel="noreferrer noopener">Clarius Mobile Health</a> has been rapidly expanding its presence in global markets including acquiring new distributors across Europe and the Asia Pacific region, enabling Clarius scanners to be sold in countries ranging from Germany to Japan and Australia. It has also been developing its technology, launching new products such as the <a href="https://clarius.com/technology/ob-ai/" target="_blank" rel="noreferrer noopener">Clarius OB AI</a> for prenatal care and <a href="https://clarius.com/technology/t-mode/" target="_blank" rel="noreferrer noopener">T-Mode<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> AI</a> for ultrasound education. <br><br>As of January 2025, Clarius’ ultrasound technology has touched over five million lives worldwide.</p>



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<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="2560" height="1440" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1.webp" alt="" class="wp-image-4704" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1.webp 2560w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1-540x304.webp 540w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1-534x300.webp 534w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1-768x432.webp 768w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1-1536x864.webp 1536w, https://inbcinvestment.com/wp-content/uploads/2025/01/Clarius-OB2-scaled-1-2048x1152.webp 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px" /><figcaption class="wp-element-caption">Clarius Mobile Health’s OB AI ultrasound scanner for prenatal care.</figcaption></figure>
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<figure class="wp-block-image size-full is-resized"><a href="https://www.netskrt.io/" target="_blank" rel=" noreferrer noopener"><img loading="lazy" decoding="async" width="901" height="901" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Netskrt-Logo.png" alt="Netskrt Logo" class="wp-image-4709" style="width:150px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/Netskrt-Logo.png 901w, https://inbcinvestment.com/wp-content/uploads/2025/01/Netskrt-Logo-355x355.png 355w, https://inbcinvestment.com/wp-content/uploads/2025/01/Netskrt-Logo-200x200.png 200w, https://inbcinvestment.com/wp-content/uploads/2025/01/Netskrt-Logo-768x768.png 768w" sizes="auto, (max-width: 901px) 100vw, 901px" /></a></figure>
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<p class="wp-block-paragraph"><a href="https://www.netskrt.io/" target="_blank" rel="noreferrer noopener">Netskrt Systems</a> has been <a href="/netskrt-systems-experiences-growth/">expanding its customer base</a>, now providing edge caching solutions to 450 internet service providers (ISPs) worldwide and growing, including smaller ISPs serving rural and remote communities. Contributing to the company’s growth is its venture into the live streaming sports industry; Netskrt now delivers live streams of NHL games in Canada and NFL games in the United States and will be helping content providers stream NBA games later this year. To support its massive scale, the company has increased its team to more than 70 employees, the majority of whom are based in B.C.</p>



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<figure class="wp-block-image size-full is-resized"><a href="https://www.sanctuary.ai/" target="_blank" rel=" noreferrer noopener"><img loading="lazy" decoding="async" width="876" height="269" src="https://inbcinvestment.com/wp-content/uploads/2025/01/Sanctuary-Ai-Logo-e1738261166263.png" alt="Sanctuary AI logo" class="wp-image-4720" style="width:150px;height:auto" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/Sanctuary-Ai-Logo-e1738261166263.png 876w, https://inbcinvestment.com/wp-content/uploads/2025/01/Sanctuary-Ai-Logo-e1738261166263-540x166.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/01/Sanctuary-Ai-Logo-e1738261166263-534x164.png 534w, https://inbcinvestment.com/wp-content/uploads/2025/01/Sanctuary-Ai-Logo-e1738261166263-768x236.png 768w" sizes="auto, (max-width: 876px) 100vw, 876px" /></a></figure>
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<p class="wp-block-paragraph"><a href="https://www.sanctuary.ai/" target="_blank" rel="noreferrer noopener">Sanctuary AI</a> has been developing its technology and strengthening its position as a leader in humanoid robotics intellectual property. Recently, Morgan Stanley ranked the company <a href="https://www.sanctuary.ai/blog/morgan-stanley-ranks-sanctuary-ai" target="_blank" rel="noreferrer noopener">third in published U.S. patent filings</a> (a report, the company points out, that only detected 51 of its approximately 140 published U.S. patent filings). This comes shortly after Tech + IP Advisory ranked it <a href="https://www.sanctuary.ai/blog/sanctuary-ai-identified-as-global-leader-in-humanoid-patents" target="_blank" rel="noreferrer noopener">fourth globally for patent holdings</a> for general purpose robots and dexterous manipulation. In December, Sanctuary AI launched its <a href="https://www.sanctuary.ai/blog/sanctuary-ai-demonstrates-in-hand-manipulation-capabilities-for-improved-general-purpose-robot-dexterity" target="_blank" rel="noreferrer noopener">new robotic hand technology</a> with 21 degrees of freedom and the ability to perform in-hand manipulation, enabling its robots to carry out high-value work tasks requiring fine manipulation.</p>



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<iframe loading="lazy" title="Sanctuary AI New Tactile Sensors Enable Richer Sense of Touch" width="640" height="360" src="https://www.youtube.com/embed/rj4W_S48b0U?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>
</div><figcaption class="wp-element-caption">Sanctuary AI’s humanoid robot performing in-hand manipulation.</figcaption></figure>
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<figure class="wp-block-image size-full is-resized"><a href="https://thoughtexchange.com/" target="_blank" rel=" noreferrer noopener"><img loading="lazy" decoding="async" width="624" height="88" src="https://inbcinvestment.com/wp-content/uploads/2025/01/ThoughtExchange-Logo.png" alt="" class="wp-image-4728" style="width:150px" srcset="https://inbcinvestment.com/wp-content/uploads/2025/01/ThoughtExchange-Logo.png 624w, https://inbcinvestment.com/wp-content/uploads/2025/01/ThoughtExchange-Logo-540x76.png 540w, https://inbcinvestment.com/wp-content/uploads/2025/01/ThoughtExchange-Logo-534x75.png 534w" sizes="auto, (max-width: 624px) 100vw, 624px" /></a></figure>
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<p class="wp-block-paragraph">Rossland-based <a href="https://thoughtexchange.com/" target="_blank" rel="noreferrer noopener">ThoughtExchange</a> has been bringing its survey and engagement technology to more education districts and is now reaching seven million students across eight provinces, one territory and 38 U.S. states. Last year, the company launched a Small District Success Plan, tailoring its services to give K-12 education districts with fewer than 5,000 students access to the same quality engagement methods and data analysis as larger districts. It also continued to pioneer its <a href="https://thoughtexchange.com/integrated-ai-analysis/" target="_blank" rel="noreferrer noopener">AI innovation</a>, which can analyze millions of survey responses almost instantly. Now this year, the company has <a href="https://thoughtexchange.com/news/thoughtexchange-appoints-george-psiharis-as-ceo/" target="_blank" rel="noreferrer noopener">appointed George Psiharis</a>, former COO of Clio and AlayaCare, as Chief Executive Officer to lead its next phase of growth.<br><br>In 2024, ThoughtExchange was named in The Globe and Mail’s list of <a href="https://www.theglobeandmail.com/business/rob-magazine/top-growing-companies/article-ranking-canadas-top-growing-companies-of-2024/">“Canada’s Top Growing Companies”</a>.</p>
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<p class="wp-block-paragraph">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.</p>



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<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">Stay tuned for the next update, or subscribe to our <a href="/subscribe">newsletter</a> and follow our <a href="https://www.linkedin.com/company/inbcinvestment/" target="_blank" rel="noreferrer noopener">LinkedIn</a> and <a href="https://x.com/InBCInvestment" target="_blank" rel="noreferrer noopener">X</a> pages for the latest stories.</p>



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<p class="wp-block-paragraph">Are you a company seeking investment? Learn more and express your interest <a href="/companies">here</a>.</p>
<p>The post <a href="https://inbcinvestment.com/inbc-portfolio-company-updates-february-2025/">InBC Portfolio Company Updates: February 2025 Edition</a> appeared first on <a href="https://inbcinvestment.com">InBC Investment Corp</a>.</p>
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