Alberta Innovates to name Dr. Mike Mahon as permanent CEO
Interim CEO received unanimous board approval following delivery of go-forward plan for provincial agency.
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Alberta tech has energy
Plus: Robinhood scoops up WonderFi, Canadian VC has another tough quarter.
Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies
ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.
Imperial Oil donates $37-million lab to SAIT for energy research
Gift to Alberta college plans to help advance applied research while connecting students with experts.
Half of the internet is bots and they’re feeding you lies
AI-powered disinformation is taking over the internet. Calgary-based Koat.ai is tracking it in real time.
University of Calgary becomes XPrize Foundation’s first international hub
Alberta and Calgary governments each gave $1.5 million to the initiative.
Opportunity Calgary Investment Fund receives $60 million to scale local businesses
Four-year initiative aims to scale local companies and attract talent.
Veerum raises $12-million Series B to create “digital twins” for heavy industry
The startup helps oil, energy, and construction companies visualize their operations.
France’s Alan comes to Canada with digital group health insurance for tech startups
Teachers-backed unicorn aims to help disrupt Canada’s health insurance market.
Long-life startup NiaHealth exits stealth with $2.5 million in pre-seed funding
Edmonton-based healthtech startup aims to reduce disease through preventative health testing.
BMO launches a workplace savings platform with FinTech startup Link
Calgary startup’s product aims to modernize company-run plans amid wobbly stock market.
UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund
Osney wants to help Canadian startups expand to Europe and bring UK startups here.
Raven Capital cultivates Indigenous-led biotech company AdvancedAg with $2-million seed investment
Funding to support family-owned company develop IP and expand in North America.
Movement51 appoints former DMZ leader Emily Smiley as executive director
The51 sister org aims to help woman-identifying and gender-diverse people build their financial confidence.
Nanoprecise closes Series C to predict industrial equipment failures with AI
Edmonton startup nabs $36 million USD to bring its tech to Southeast Asia, Latin America, Africa.