Vancouver’s Pulse Energy announced today that it has been named one of the Technology Green 15 companies by Deloitte.
Pulse Energy (formerly named Small Energy Group) was the second prize winner in 2008.
The award showcases 15 Canadian companies that are leading the way to create major breakthroughs in the field of green technology. Read more
Saltworks Technology’s Benjamin Sparrow was awarded the Queen Elizabeth II Diamond Jubilee Medal on August 4th. Saltworks was the winner of the 2008 BCIC-New Ventures Competiton.
The medal honours citizens and permanent residents of Canada who have made a significant contribution to their fellow countrymen, their community, or to Canada over the previous sixty years.
The award ceremonies cited the “importance of Saltworks’ work and significant innovations to Canada and its environment.” Read more
2008 competitor Singular Software of is being acquired by Red Giant.
“We’re excited to announce that Red Giant has acquired all Singular Software products,” the Vancouver team said in a statement. “You probably know Red Giant as a company famous for developing great video products for filmmakers, with the Magic Bullet product line leading the way for color correction and visual storytelling.”
This partnership is a perfect fit for two companies with a similar vision and culture. Singular Software products are an exciting opportunity for Red Giant customers who want professional syncing for their audio and video. And Singular Software technology is an important part of Red Giant’s plans for new filmmaking and workflow products.
So, what next for Singular Software? The company says its development team will “continue full steam ahead with product development, including PluralEyes 3.” And while the transition to Red Giant is under way, users can continue to use the Singular Software website to buy products and contact them for support.
2008 Competition Second Prize Winner Pulse Energy was today presented with the GLOBE Award for Technology Innovation and Application at the 12th Biennial GLOBE Conference & Trade Fair on Business and the Environment.
Co-founder and CEO David Helliwell accepted the accolade at the Awards for Environmental Excellence ceremony. Read more
2008 BCIC-New Ventures Competition Winner Saltworks Technologies may be heading to the International Space Station (ISS).
NASA recently held a public tender for solutions to fix the water system on the ISS and has awarded a contract to Saltworks to deliver a pilot unit.
Saltworks’ pilot unit will be used for testing the water recovery systems and processes at NASA Ames Research Center with the intent for future use on board the ISS.
Source: IRAP’s Rizwan Kheraj
2008 New Ventures BC Top 10 company Primisyn has been acquired by Temenos, a market-leading provider of banking software based in Geneva, Switzerland. The acquisition took place late last month and the price was not disclosed.
Based in Delta, BC, Primisyn provides business intelligence (BI) and profitability solutions and services to the Canadian credit union market. Primisyn’s Simplus Enterprise Suite provides credit unions with business critical information to facilitate informed decision making and streamline business processes in every department across the organisation including finance, marketing, operations, human resources, and risk management.
Temenos will integrate Simplus into its existing BI solution, Insight, extending the product offering into customer analytics and enhancing the operational intelligence functionality.
The total acquisition price consists of an up-front consideration and further payments contingent on Primisyn achieving performance criteria.
Todd Winship, co-founder of Primisyn said “This is a very exciting event for Primisyn. Our product has enjoyed a broad acceptance and strong growth in the Canadian market, with seven of British Columbia’s top 20 credit unions as our customers. By uniting with Temenos we will contribute to a larger, very dynamic BI solution, to the benefit of our mutual and future customers.”
Pivotal Investments has announced the Pivotal Leaders for 2011 and the CEO of 2008 New Ventures BC competitor Pulse Energy made the list.
Two Canadian CEOs managed to make this year’s list, both of Vancouver companies. The first is Jonathan Rhone of Nexterra, and the second is David Helliwell of Pulse Energy.
The Pivotal Leaders Network, which launched last year, uses a community-nomination and peer-selection process to identify the most promising C-level business leaders who are likely to lead successful clean technology companies in the region over the next three to five years—seeking to stimulate investment and expand resources and ultimately help grow a sustainable economy in the Northwest.
The 2011 Pivotal Leaders will have opportunities throughout the year to connect with successful entrepreneurs, business and legal experts, potential investors and other resources to support their growth and success.
Earlier today Rocket Builders released its first-ever Ready to Rocket list of B.C. clean technology companies and two former New Ventures BC competitors made the grade.
2008 2nd Place winner Pulse Energy and 2009 Top 10 finisher Rapid Electric Vehicles were included on the list of fifteen privately-held companies that “are positioned to capitalize on clean technology and industry trends that will lead them to rapid growth and investment”.
Congrats to Pulse Energy and Rapid Electric Vehicles on the achievement!
The 28th Angel Forum was yesterday in Vancouver and they announced their Investor Choice Awards (as chosen by the attending investors) during the wrap-up cocktail party last night.
Among the winners were two past New Ventures BC competitors.
The Best Presentation award went to Vancouver’s Rapid Electric Vehicles who placed in the Top 10 in 2009 and 2008 Top 10 finisher Dark Matter Labs of Victoria was named the Company Most Likely to be Acquired.
Congrats to all the winners and to Bob Chaworth-Musters on another great forum.