“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.
alberta
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.
Economic development agencies dole out $30 million to AgTech, AI, EV development
Wyvern, Pure Life Carbon, and Aethon Aerial Solutions among those supported by latest PrairiesCan, FedDev funding.
Tall Grass Ventures closes $32-million VC fund for early-stage Canadian AgTech startups
TGV sees room to be “translators” and connect other investors to the AgTech sector.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
Toronto, Vancouver slip in Startup Genome’s 2024 rankings as Montréal, Calgary, Ottawa rise
Smaller Canadian cities make strides in 2024 as larger ecosystems lose some of their lustre.