Calgary-based cleantech firm Kathairos Solutions has unveiled a milestone. Kathairos, an oilfield services company committed to eliminating routine methane venting from oil and gas operations, says that its nitrogen systems have now directly eliminated one million metric tonnes of CO2 equivalent, which at methane’s potency is about 36,000 tonnes. The startup eliminates methane venting at […]
Bitdeer Breaks Ground on $200M Off-Grid Bitcoin Mining Project in Alberta
Last year, Bitdeer Technologies Group acquired a 19-acre site near Fox Creek. Alberta Premier Danielle Smith welcomed “the world’s first net-zero, fully integrated off-grid Bitcoin mining facility right here in Alberta.” This month, the blockchain and computing company confirmed that it has official broken ground on its forthcoming Fox Creek facility. The site will pair […]
Neo Financial Aims for Rewards Flexibility with Launch of Four More Credit Cards
Neo Financial has revealed that it is expanding its offerings with the launch of four new credit cards. The largest product expansion in the Calgary fintech’s history gives users more choices than ever when it comes to spending rewards, according to a statement from the firm. Neo now offers more options than ever, and cardholders […]
Digital Commerce Group Supports the Future of Fintech with Return of Startup Grant
Alberta’s Digital Commerce Group this week confirmed the return of a collaborative initiative targeting high-potential fintech startups across Canada. Calgary-based DCG revealed that it is partnering with Apaylo, Outlier Compliance, and Osler to offer a non-dilutive $100,000 grant comprised of $95,000 cash funding and an “Osler Startup Package” valued at $5,000. “As the Canadian fintech […]
Litus and UWin to Blend Nanotechnology Innovation with Hydrometallurgy Expertise
Calgary’s Litus says it has entered into a Memorandum of Understanding with Taiwan’s UWin Nanotech, a certified Apple supplier for recycling since 2020. The Alberta innovator is pioneering nanotechnology solutions for lithium extraction and recovery, while UWin is behind advanced hydrometallurgy technologies for precious metals recovery, e-waste recycling, and more. The agreement between the two […]
CURA Selects Calgary as Base to Scale From for ‘Variety of Reasons,’ Founders Say
A Canadian clean technology firm innovating cement production for a lower-carbon future has confirmed Calgary will be its headquarters. CURA, originally developed at the University of British Columbia, has officially settled in Alberta, according to its founders. “We decided to take a hard look at all the major Canadian cities to see what would make […]
AgSphere Partners Up to Forge Overseas Pathway for Agri-Food Tech and Innovation
AgSphere this week unveiled an overseas collaboration. In December, AgSphere launched out of Alberta with $2.75 million in support from The Opportunity Calgary Investment Fund to serve as a hub for connecting Canada’s agricultural producers and startups with investors and partners under one coordinated ecosystem. “AgSphere will help innovators and entrepreneurs continue tackling global food […]
Amii Aims to Advance AI Readiness in Canada Through Unified National Strategy
Google last year announced a $13 million AI Opportunity Fund to equip Canadians with artificial intelligence skills. The funding supported four Canadian organizations, including Alberta’s Machine Intelligence Institute, or Amii. Amii earmarked Google’s funding to spearhead the national AI Workforce Readiness Consortium, which provides AI-oriented education to post-secondary students across the nation. At the Upper […]
How Alberta Innovates Plans to Streamline Support System for Local Entrepreneurs
Alberta’s primary innovation engine is redesigning how it supports entrepreneurs in the province. Alberta Innovates provides funding, programs, and facilities to accelerate research and innovation for entrepreneurs throughout the region. The organization last year conducted a “comprehensive program review,” and in response launched a new “Strategic Plan.” The new business plan, effective through 2028, gives […]
Alberta to Support Launch of Innovation Lab Targeting New AI-Powered Health Solutions
Alberta announced this week that it investing $10 million over three years to advance artificial intelligence and data-driven health solutions in the region. The provincial government says that the funding will support the Health Innovation Lab, a new initiative delivered by the Alberta Machine Intelligence Institute. “Alberta has an enormous opportunity to bring together world-class […]