NCC commits $22.8 million to 37 cybersecurity projects
Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.
alberta
atVenu secures $130 million USD to fuel expansion into new live events markets
Sole investor Sixth Street Growth also participated in Clio’s $1.24-billion CAD Series F round earlier this year.
Flora Fertility closes $1.5 million CAD to bring individual fertility insurance across North America
Insurtech startup led by repeat founders plans to launch in the US next year, with Canada to follow.
Orpyx closes $26.9 million CAD in growth capital to fuel US expansion
Startup has focused on US commercial traction of its shoe-based sensor tech for people with diabetes.
Ayrton Energy raises $9.1 million CAD in bid to expand clean hydrogen solution in the US
Round was co-led by Clean Energy Ventures and BDC Capital.
“The impact can be devastating”: ASC launches $130,000 tech challenge in bid to combat crypto scams
Alberta Securities Commission estimates $309 million of investment fraud reported last year was tied to crypto.
A100, HaloHealth, InterGen get federal funding boost to help commercialize Alberta tech
Alberta startups earned a slight edge over BC in venture funding for the first half of 2024.
Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down
The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO.
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency
Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.
Emissions Reduction Alberta commits $44.4 million to 21 cleantech projects
Startups such as Wyvern and Arolytics received funding from ERA’s Emerging Innovators Challenge.
After facing “challenging operating conditions,” Jasper Commerce sells operating business to Digital Commerce Payments
Jasper to keep some equity and future earnings, but otherwise has “no active business.”
Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees
Some roles are being consolidated to its Toronto office to “better align” resources, company says.
Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.