Alberta looks to hydrogen as the “next frontier” in energy, invests $45 million in related technologies
The financing will come via Alberta Innovates and Emissions Reduction Alberta.
Calgary
Neo Financial goes all-in on embedded finance with new suite of credit cards
The FinTech startup is partnering with Tim Hortons, Cathay Pacific to offer rewards.
PrairiesCan commits $6.1 million for downtown Calgary innovation hub, local business retention programs
Funded projects are expected to support and create over 1,000 jobs, the government says.
With initial $8-million close for Nex Gen VC Partners, KJSM Ventures’ team targets more early-stage tech startups
After deal flow exceeded their family office’s capacity, the McKays built a VC fund.
Oil and gas-backed Climate Investment leads $12-million CAD round into SensorUp’s methane leak-detecting platform
Climate Investment is a specialist investor funded by OGCI, an organization of oil and gas CEOs.
BDC’s Climate Tech Fund backs Carbon Upcycling in new $34.4 million CAD round
Calgary startup claims to reduce the amount of cement used in concrete production by up to 50 percent.
Construction software firm Vitruvi to be acquired by US-based Bow River Capital
Calgary-based Vitruvi’s team and leadership to stay on as part of deal.
Alberta Technology Minister’s mandate letter appears to support reducing restrictions on title ‘software engineer’
Startups, regulator have been embroiled in a dispute over the title for years.
WaitWell closes $1.5 million to bring its queue management tech to new markets
After establishing itself in higher education, WaitWell eyes private health care.
Oco partners with Adidas to launch shoes sporting carbon-captured ink
Set to be released this fall, the shoes blend screen-printing ink with captured carbon.
Canadian cleantech continues fundraising streak as Orennia, CarbonCure raise collective $105 million USD
From Halifax to Calgary, Canadian cleantech remains resilient despite the tech funding downturn.
Vantage Circle, Eventcombo both relocate their headquarters to Calgary, plan to hire hundreds
The two global SaaS firms say they aim to hire up to 250 people each over three years.
GeologicAI closes $30-million USD Series A to develop AI-powered robot geologists
Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
Alberta tech is hungry
James Lochrie (Thin Air Labs) and Brett Colvin (Goodlawyer) provide an Alberta tech vibe check.
Almost sideswiped by a Stripe acquisition, Helcim responds with new Smart Terminal
After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment.