Calgary has landed a significant aerospace industry win as Lufthansa Technik (LHT) establishes its Western Canada headquarters at the city’s airport. The move marks a major step in positioning Calgary as a leading hub for aviation innovation, talent, and industry collaboration. The decision by LHT, a global leader in aircraft maintenance and repair, is expected […]
Absorb Software Reports Record Growth and AI Innovations in 2024
Absorb Software has marked 2024 as a milestone year, achieving record-breaking revenue growth and launching transformative innovations in learning technology. The Calgary-based company reinforced its status as the fastest-growing enterprise learning provider, expanding its international footprint and advancing its AI-powered capabilities. “We’ve had an outstanding year, marked by remarkable business growth and cutting-edge product innovations […]
Calgary’s RetinaLogik Secures $1.1M, Gains Health Canada Approval
Calgary-based healthtech startup RetinaLogik has raised $1.1 million in convertible note financing and secured a Class II medical device licence from Health Canada, marking a major milestone for its innovative portable eye test product. The funding round, classified as an extension of RetinaLogik’s initial $783,000 pre-seed round last summer, was co-led by Spring Impact Capital […]
Alberta Touted as Prime Location for AI Data Centres and Development Opportunities
Alberta is positioning itself as Canada’s leading hub for artificial intelligence (AI) data centres, actively courting investment in these energy-intensive facilities. The province’s abundant natural gas resources and existing infrastructure make it an attractive option for tech companies seeking reliable and cost-effective power sources. Cities and towns of all sizes in the province are getting […]
Bitdeer Acquires 101 MW Alberta Site for Bitcoin Mining Expansion
Bitdeer Technologies Group, a global leader in blockchain and high-performance computing, has completed the acquisition of a 101 MW site and gas-fired power project near Fox Creek, Alberta. The all-cash transaction, valued at $21.7 million, marks Bitdeer’s first venture in Canada and positions Alberta as a key player in the Bitcoin mining sector. The 19-acre […]
Knead Tech Secures $800,000 to Scale Food Rescue Innovation
Calgary-based Knead Tech has raised $800,000 in pre-seed funding to expand its mission of reducing food waste and improving food access. The funding round, which values the startup at $3.5 million, will support product development, U.S. expansion, and new partnerships as the startup works to digitally transform the food rescue sector. Founded by CEO Lourdes […]
Canada Invests $13.4M in Alberta Carbon Capture Projects
The federal government is investing nearly $13.4 million to support carbon capture technology in Alberta, aiming to reduce emissions while creating jobs and economic opportunities. Energy and Natural Resources Minister Jonathan Wilkinson announced the funding, which will support projects designed to make carbon capture more affordable and efficient. The investment includes: The funding supports Canada’s […]
Jayman BUILT and SkyFire Energy Celebrate Solar Milestone
In a landmark achievement for sustainable homebuilding, Calgary’s Jayman BUILT and SkyFire Energy have reached 10 MegaWatts (MW) of installed solar power across nearly 60 Alberta communities. Since launching their solar initiative in 2018, the partnership has resulted in the installation of 28,262 solar modules on 3,964 Jayman homes, generating enough clean energy annually to […]
Thin Air Labs Hosts YYC Tech Pickleball Open
Thin Air Labs is blending sports and networking with the YYC Tech Pickleball Open, taking place at the Calgary Pickleball Center on Saturday, February 8th. The event invites members of Calgary’s thriving tech ecosystem to team up, compete, and connect over pickleball matches. Participants will have the chance to network with local entrepreneurs, investors, and […]
HEMPALTA Refocuses Strategy on Carbon Credits and Targets New Funding
HEMPALTA has announced a strategic pivot towards nature-based carbon credit solutions, marking a significant shift in its corporate direction. The company is a past recipient of Calgary.tech’s startups to watch. The company says it will be enhancing its focus through its subsidiary, Hemp Carbon Standard (HCS), which is dedicated to developing and managing hemp-derived carbon […]