Calgary’s FREDsense Technologies, the leader in field-ready water testing kits that detect chemicals in drinking and wastewater, announced today that their platform can detect and measure PFAS in just hours, compared to traditional methods. PFAS lab testing takes 4-8 weeks, hundreds to thousands of dollars, and requires a complex supply chain involving potential refrigeration and […]
Seattle’s Applexus To Establish Calgary Presence With $1.4 Million IGF Grant from the Government of Alberta
Seattle’s Applexus is establishing a presence in Canada thanks to a $1.4 million IGF grant (Investment and Growth Fund) from the Government of Alberta. Applexus is a global technology leader offering business consulting services, SAP solutions and products to customers across multiple verticals like retail, fashion, and consumer products. Applexus will use the funds to invest in […]
Alberta Enterprise Invests Further into Cleantech for an evolving Energy Industry
Edmonton’s Alberta Enterprise has invested USD $10 million into Evok Innovations second fund to continue developing and deploying clean technologies to accelerate the world’s energy transition with a focus on carbon capture, electrification and hydrogen. Evok is a venture capital firm with deep roots in Alberta. Their first fund was established in 2016 as a partnership between Calgary-headquartered […]
Six Calgary Companies Chosen for THRIVE Agtech Accelerator
The THRIVE II Canada Accelerator has announced their most recent cohort and six Calgary-based companies have made it through their rigorous selection process. In total 15 companies with innovative ground-breaking solutions were selected to participate in Thrive’s award-winning program that accelerates sustainability, innovation, and technology across the industry. Companies were selected for their potential to […]
Amii Announces $30 Million Investment in Artificial Intelligence
The Alberta Machine Intelligence Institute (Amii) is making a significant investment in artificial intelligence in Alberta, growing one of the country’s largest centres for fundamental AI research. Today, Amii announced $30 million in funding to continue and expand their research chair program, including the recruitment of 20 new research chairs in AI at the University […]
Inqli Partners With Rainforest Alberta On Pilot Program
Alberta knowledge-sharing platform Inqli is partnering with Rainforest Alberta on a pilot program. The goal of the partnership is to unify Alberta’s innovation community while levelling the playing field within the technology and innovation space. The new pilot program will showcase the potential of the Inqli platform to inspire individuals who were previously excluded from […]
SVG Ventures THRIVE Launches Global Pioneer Fund with Farm Credit Canada as Lead Investor
SVG Ventures THRIVE is aiming to raise $75 million for its third fund dedicated to supporting global agrifood startups developing sustainable solutions. Called the “Pioneer Fund,” SVG Ventures Thrive plans to make initial investments in seed to Series A stage agrifood startups. Federal Crown corp Farm Credit Canada (FCC) has been confirmed as the lead investor […]
Edmonton’s Nanoprecise Raises $10 Million For AI In Manufacturing Plants
Edmonton’s Nanoprecise Sci Corp has raised a USD $10 million series B financing round led by Export Development Canada (EDC) with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Nanoprecise is an automated AI-based predictive maintenance solution provider that specializes in the implementation of Artificial Intelligence and IIoT technology for predictive asset maintenance and […]
Combine Venture Builders Awarded $1.9 Million by OCIF to Accelerate Growth of Calgary Startups
The Opportunity Calgary Investment Fund (OCIF) will provide up to $1.9 million to Combine Venture Builders over two years to support the rapid scaling of innovative early-stage Calgary technology companies. OCIF is a $100-million initiative launched by the City of Calgary in 2018 and is an important tool to accelerate the economic strategy, drive innovation and support a more diversified economy. More than $77 million has been allocated to […]
WCD Invests in HP Indigo 15K Digital Press, a First in Western Canada
Calgary-headquartered WCD has made a significant investment in its digital printing capabilities. The company has announced the installation of a brand new HP Indigo 15K digital press, which is the first of its kind to be installed in Western Canada. The HP Indigo 15K is a high-speed digital press that delivers unparalleled print quality and […]