Uvaro and Lighthouse Labs filed for bankruptcy on August 1, just seven months after Uvaro’s high-profile acquisition of the Vancouver-founded coding bootcamp. All classes, mentoring sessions, and employment ceased immediately, according to an internal email obtained by Vancouver Tech Journal.
Uvaro CEO Joseph Fung told staff they had “no guaranteed outcome” and offered apologies. Lighthouse Labs, launched in 2013, trained over 40,000 students in fields like web development and cybersecurity. Once positioned as Canada’s largest workforce development group, both firms are now under control of a Licensed Insolvency Trustee.
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