Emissions Reduction Alberta (ERA) is launching a new $50 million Reshaping Energy Systems funding competition made possible through the Government of Alberta’s Technology Innovation and Emissions Reduction (TIER) fund. This investment will advance technologies focused on the transport, distribution, storage, and optimization of energy use to reduce emissions, create economic opportunities, and enable a more […]
Calgary Police to open Law Enforcement Training Hub for Cryptocurrency Crimes
With Calgarians reporting a financial loss of $13.9 million to cryptocurrency-related crimes to Calgary police last year and an additional $3.2 million so far this year, the Calgary Police Service is entering into a unique partnership with Chainalysis, a global blockchain data platform, to help combat crypto-crime. The new collaboration will create and launch an […]
Nimble Science Raises $2.7 Million To Scale Health Platform
Calgary healthtech startup Nimble Science has raised $2.7 million to commercially scale their revolutionary multi-omic SIMBA GI Health Platform to food, diagnostic, and drug companies. Nimble Science is led by experienced medtech, wearable and ingestible executives, along with advisors spanning GI, microbiome & digital health. This funding brings Nimble Science out of stealth mode to enable academia, […]
Virtual Gurus’ Bobbie Racette Named 2023 Distinguished Entrepreneur of the Year
Calgary’s Bobbie Racette is this year’s recipient of the Peter B. Gustavson School of Business Distinguished Entrepreneur of the Year Award (DEYA). The University of Victoria business school recognized Racette, who is Cree-Metis, for building enterprises with the goal of offering equitable work opportunities to individuals from underrepresented communities. Racette is the founder and CEO […]
Volunteerism Surges Across Benevity’s Growing Client Community, Now Nearly 1,000 Companies Strong
Benevity today announced a surge in volunteerism across its platform with 14.3 million volunteer hours logged in 2022, representing 61% year-over-year growth in volunteering hours and a 91% increase in the number of people volunteering. More than $2.8 billion was donated by Benevity clients and their people who supported 249,000 nonprofits around the world last […]
UCeed Startup Investment Fund Names Two New Directors
Innovate Calgary has announced the appointment of two directors to the UCeed Startup Investment Fund. Dr. Jehangir Appoo joins as Director, UCeed Health Fund and the UCeed Child Health & Wellness Fund. Vincent Chahley joins as Director of the recently launched UCeed Energy Fund. Both Chahley and Appoo have served as members of the UCeed Investment Advisory […]
Alberta Enterprise Invests in Sprout’s Second Seed Capital Fund
Alberta Enterprise has invested $2.5 million in Alberta-based venture capital firm Sprout’s nearly $14 million second fund, providing a new source of high-demand seed capital to Alberta and Western Canadian B2B software startups. Sprout is an early-stage venture and mentor capital firm led by serial technology entrepreneurs and avid investors Kristina Milke, Mark Benning and Shaheel Hooda. Sprout was founded in 2018 […]
Eavor Secures $134 Million for Next-generation Geothermal Project
Calgary’s Eavor Technologies has been awarded a CDN $134 million grant from the European Innovation Fund, in support of the Eavor-Europe™ geothermal project already under construction in Bavaria south of Munich near the town of Geretsried, Germany. The project is the world’s first commercial implementation of an Eavor-Loop™, a showpiece of the zero-emissions heat and […]
Two Calgary Startups Selected for Cultivator’s Agtech Accelerator
Cultivator’s Agtech Accelerator has announced the 16 startups selected to participate in their second cohort and two Calgary startups made the cut. Calgary’s CultivateCI and OneCup AI are are two of the 16 companies from across Canada and the U.K. to be selected. CultivateCI scores crop production on carbon intensity at the field or barn level, allowing […]
Alberta Improves Bone Care Through Digital Health Research
At least one in three females, and one in five males, will experience a fragility fracture due to osteoporosis or low bone mass at some point in their lifetime. Fragility fractures occur from a standing height, or less. Individuals experiencing a fragility fracture are two to four times more likely to have another fracture in […]