Alberta Enterprise Corporation (AEC) has played a significant role in the final close of Vancouver-based Pender Ventures’ second venture fund, Technology Inflection Fund II LP, which has secured over $100 million to support Canadian technology growth. As a major investor in the fund, AEC is amplifying its commitment to advancing Alberta’s tech sector, particularly in […]
Alberta Invests $40M to Drive Low-Emission Innovation
In a significant step towards a greener economy, the Government of Alberta has announced a $40 million investment from the Technology Innovation and Emissions Reduction (TIER) fund to support Emissions Reduction Alberta’s (ERA) Advanced Materials Challenge. This new funding initiative aims to drive technological advancements in circular economy practices and the development of low-emission products across sectors such […]
Precision Health and Longevity Summit to Establish Canada as a Leader in Health Innovation
The inaugural Precision Health and Longevity Summit, a first-of-its-kind event in Canada, is set to convene on November 15-16 at The Westin Hotel in Calgary. Aiming to position Canada at the forefront of health innovation, the summit will bring together global leaders, scientists, and policy experts to explore the future of healthcare and longevity. Organized […]
Calgary’s Computer Modelling Group Acquires Sharp Reflections to Expand Seismic Interpretation Technology
In a strategic move to enhance its seismic data solutions, Calgary-based Computer Modelling Group (CMG) has acquired Germany’s Sharp Reflections, a leader in seismic processing and interpretation. CMG’s wholly-owned subsidiary purchased all Sharp shares, integrating a seismic platform that has set new standards for cloud-based data handling. Sharp Reflections, known for its pioneering efforts in […]
Calgary’s Flora Fertility Secures $1.5M to Launch North America’s First Private Fertility Insurance
Flora Fertility, a Calgary-based insurtech company, has successfully closed an oversubscribed pre-seed funding round, raising $1.5 million to support the launch of a private fertility insurance product across the U.S. and Canada. This initiative marks a significant step toward making fertility treatments more accessible and affordable for millions of individuals and families. The funding round […]
Alberta’s Aerospace Industry Soars with Over $4.3 Million in Federal Support
Alberta’s aerospace and aviation sector is gaining momentum as a key player in economic diversification, thanks to a fresh $4.3 million federal investment. With over 500 small- and medium-sized businesses in the field, Alberta’s aerospace industry supports thousands of jobs and is increasingly essential to the province’s economic landscape. The funding announcement, made today by […]
Calgary’s Balance Secures Trust Company Status, Expands Custodial Services Across Canada and the U.S.
Calgary-based digital asset custodian Balance has officially registered its subsidiary, Balance Trust Company, as a special purpose trust under Alberta’s Loan and Trust Corporations Act. This registration, approved by Alberta’s Treasury Board and Finance (ATBF), allows Balance Trust Company to operate as a qualified custodian in both Canada and the United States. With this certification, Balance Trust Company […]
Calgary Launches Wave Tech Centre to Accelerate Innovation and Enhance City Services
The City of Calgary has officially launched the Wave Tech Centre, a Council-approved initiative designed to foster technological innovation and enhance public services. Supported by Prairies Economic Development Canada (PrairiesCan) through its Regional Innovation Ecosystems program, the new facility marks a significant milestone in the city’s digital transformation efforts. “Congratulations to The City of Calgary […]
Neo Partners with CI Financial to Launch Seamless Wealth and Banking Solutions for Canadians
Calgary’s Neo Financial is partnering with CI Financial to introduce a new suite of everyday deposit and credit products. The partnership will introduce a new range of financial products designed to deliver a seamless, integrated financial experience to clients of CI Financial’s Canadian wealth management businesses, empowering them to easily manage their wealth and everyday financial needs with ease. […]
Alberta Secures $8.4M Federal Investment for Quantum Innovation
Alberta’s growing strength in quantum technologies is receiving a significant boost, with the Government of Canada announcing a federal investment of over $8.4 million for three major projects aimed at advancing quantum research and commercialization. The announcement was made by George Chahal, Member of Parliament for Calgary Skyview, on behalf of the Honourable Dan Vandal, […]