An Alberta-born financial technology upstart has been acquired by a private equity firm based in the United States. Founded in 1983, the Ohio-based Primus Capital recently acquired a majority stake in Reach—an e-commerce software-as-a-service platform launched from Calgary—according to a report from BetaKit. The announcement follows a record year of investment for Canadian fintech. Reach’s founder, chief executive officer Sam […]
Calgary Entrepreneur Launches SageMaster AI to Help Students Enter Canadian Workforce
A company out of Calgary is utilizing artificial intelligence to help Canadians land work. Alberta’s SageMaster AI offers a digital platform built to reduce friction and boost efficiency when it comes to searching for jobs. The startup was launched by engineer Neji Tawo, who previously worked on AI innovation built around Amazon’s Alexa product. “Before […]
From Funding to Awards, Calgary and Edmonton Show Signs of Success in Early 2025
Two months into the year, the region of Alberta is off to a strong start in 2025. The energy currently flowing through the province, which we’ll highlight in a moment, is not from nowhere—it builds on momentum from throughout 2024. For example, Alberta outpaced B.C. for venture capital investment for the first time ever last […]
Lethbridge Startup Coagtech Using A.I. to Improve Water Treatment Process Across Canada
In landlocked Alberta, every drop of water is increasingly precious as the regional population grows steadily. Knowing this, one local company is applying machine learning and artificial intelligence technologies to help water treatment operators and plants make better, more informed decisions. Based in Southern Alberta, Coagtech has created an artificial intelligence modelling system that allows […]
Canada Unveils $6.5M for Four Edmonton-Based Technology Innovators to Diversify Alberta Economy
Canada this week announced nearly $7 million in investments for four companies based in the Edmonton region. Edmonton, which the federal government describes as a “thriving source of economic diversification in Alberta and home to some of Canada’s most innovative, high-growth companies responsible for strengthening our national economy,” will see $6.7M split across four small-to-medium […]
10-Year Collab Will See Telus Deploy ‘Cutting-Edge’ 5G Connectivity Throughout YYC Campus
TELUS and the YYC Calgary Airport Authority this week revealed a long-term partnership. The collaboration will see YYC become Canada’s first airport equipped with a high-performance 5G private wireless network offering enterprise-grade connectivity throughout the airport campus. This first-of-its-kind deployment will create a cutting-edge wireless foundation, according to a statement from the firms, “enhancing the […]
Nomination Deadline Approaches for Third Annual Alberta Cleantech Awards
The nomination deadline for the annual Cleantech Awards approaches. The 2025 Cleantech Awards are set to spotlight exceptional companies and individuals advancing innovation, economic leadership, and technology adoption across Canada’s cleantech sector. This year, there are regional awards for British Columbia, Alberta, and Atlantic Canada, with nominations open for each region through February 20th. For […]
Credivera Acquires Oliu from ATB to Bolster Verified Credentials Platform with ID Tech Stack
Credivera has agreed to acquire Oliu, a verification technology stack from the innovation arm of ATB Financial. Calgary’s Credivera gives employees and organizations increased control over how credentials are issued and stored. The Canadian company does so through the Credivera Exchange, which maintains up-to-date, verifiable credentials in a secure digital wallet. Oliu’s technology complements Credivera’s […]
Longbow Capital Secures $50M from Federal Government to Fuel Energy Transition Fund
Canada Growth Fund this month announced an official financial commitment to Longbow Capital. Longbow is a Calgary-based private equity investment manager with a decades-long track record of investing in energy, infrastructure, and technology. The company’s Longbow Energy Transition Fund II invests in businesses that are expected to benefit from the momentum behind North America’s energy […]
Edmonton, Calgary Firms Highlighted Among ‘Strong Lineup of Companies’ at CIX Startup Awards
This year’s recipients of the CIX Startup Awards, a showcase of Canada’s rising stars selected by North American investors, have been revealed. The CIX Selection Committee, comprising over 100 investors and experts, evaluated submissions based on six criteria: Business Model, Quality of Product and Service Offering, Innovation, Market Opportunity, Depth of Management, and D.E.I. of […]