A Calgary-based company is helping heavy industry monetize their waste heat. Kanin Energy was cofounded by chief executive officer Janice Tran, chief development officer Dan Fipke, and chief technology officer Jake Bainbridge with a focus on capturing waste heat for power generation, district heating, and other industrial efficiency projects. “Many industrial processes vent flue gas […]
Calgary’s Woveo Secures Seed Capital to Empower Underbanked Canadians
A 2022 Calgary Fintech Award winner has raised more capital as it seeks to expand its offerings in Canada. Woveo, a startup based in Calgary, believes that community savings and lending practices are the keys to breaking the cycle of underrepresentation of new immigrants in the Canadian financial system. The Alberta fintech recently confirmed that […]
Calgary, Edmonton Grapple with Canada’s Highest Rates of Office Vacancy
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with nearly 1.4 million tech workers now in Canada. At an impact north of $110 billion, the tech industry represents more than 5% of Canada’s overall economy. Showing off more signals of strength, Alberta boasts […]
Weaving the Next Thread of Carbon Fibre Innovation in Canada
An Edmonton-based company is working toward its vision of unlocking the productive efficiency of carbon fibre. Cumulating from seven years of innovation, Thread Innovations has developed patent-pending technology to produce carbon fibre from Alberta oil sands bitumen-based feedstocks. Regarded as a strategic material in next-generation structure and design, carbon fibre can be significantly stronger than […]
Alberta Supercharges Carbon Fibre Innovation in Canada with $15M Investment
Alberta is investing $15 million across five Western Canadian organizations in order to help boost regional advancements in carbon fibre production technologies. Alberta Innovates and Emissions Reduction Alberta announced this week the funded projects representing Phase III of the region’s Carbon Fibre Grand Challenge. “Carbon Fibre is a significant opportunity for Alberta to diversify our […]
PayTrie Adopts ATB Fintech to Help Onboard Canadian Crypto Traders
Two Alberta fintechs have joined forces. The research and innovation arm of ATB Financial this week announced a partnership with PayTrie, a platform for secure stablecoin purchasing and selling in Canada. Calgary’s PayTrie selected Oliu, ATB Ventures’ digital ID verification solution, to streamline customer enrolment and verification processes, according to a statement from ATB. The […]
The State of Alberta’s Technology Workforce in 2023
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with more employment growth projected moving forward. Net tech employment cracked 1,350,000 workers in 2022, data from the nonprofit association for the information technology industry and workforce shows, with further expansion to come. Tech employment […]
Calgary, Edmonton Recognized as Cleantech Ecosystems to Watch
At COP28, Startup Genome and the Global Entrepreneurship Network jointly launched the “Global Startup Ecosystem Report – Climatetech Edition,” which analyzes startup activity and investments across the world’s “blue economy.” Worldwide, Singapore is the world-leading startup ecosystem for the blue economy, the analysis concluded. But Canada makes a strong showing as one of only a few […]
Fintech Unveils Alternative Option for Canadians Selling Property
Following a nation-wide expansion in 2022, HonestDoor entered 2023 as an Alberta startup to watch. As the year comes to a close, HonestDoor this month unveiled a new service set to further shake up Canada’s real estate industry. The Edmonton fintech’s platform already provides instant appraisals for real estate, whether on or off the market. […]
Startup Recognized for ‘Maniacal Focus’ on Helping Underserved Businesses
More than 1,500 Albertans attended the signature event of Innovation Week, which took place last week at The Big Four Roadhouse. Powered by Platform Calgary, Launch Party is the largest startup-focused showcase of the year and spotlights some of Calgary’s most promising startups. From digital pharmacy solutions to cannabis data analytics and automotive intelligence software, 10 Calgary startups […]