Calgary venture capital firm AVAC Group recently announced the launch of a new $15 million venture capital fund called Carrot Ventures. The fund has secured financial backing from AVAC and Farm Credit Canada (FCC), and will focus on investing in Canadian agricultural technology start-ups. Carrot Ventures is not just another venture capital fund; it is […]
Improving Acquires Jump Analytics: Boosts Revenue and Expands Reach Across North America
Improving has acquired Jump Analytics, a Canadian tech firm specializing in advanced analytics and corporate performance management. The acquisition is expected to boost Improving’s annualized revenue to more than $290 million and expand its reach across North America. Dallas-headquartered Improving has a thirty year history in Calgary. Their Calgary outpost is currently the only Scrum […]
How Enhance Energy Utilizes Alberta’s Carbon Emissions on Road to Net-Zero
Enhance Energy, a carbon management company, is among Alberta-based firms leading the way in sustainable energy solutions for the province and Canada. With over 3.5 million tonnes of CO2 emissions permanently sequestered in Central Alberta as of 2022, the Enhance team leverages experience in the planning, design, implementation, and operation of large-scale carbon capture and […]
Value Creation Shifts Oil Sands Focus to Selective Decarbonization Technology
Value Creation Inc. has withdrawn its application to expand the Heartland Complex northeast of Edmonton to instead focus on leveraging its unique selective decarbonization technology (SDC) to produce decarbonized clean oils and blends at a lower cost than traditional upgrading. The Calgary-based company with its founder and CEO Dr. Columba Yeung at the helm is […]
Two Calgary Carbon Capture, Utilization, and Storage Projects Receive Funding
Two Calgary-led carbon capture, utilization, and storage (CCUS) projects are receiving funding as part of Emissions Reduction Alberta’s (ERA) international partnership with Accelerating CCS Technologies (ACT). ERA is committing $1.7 million to the two projects worth $8 million. Funding is sourced from Alberta’s industry-funded Technology Innovation and Emissions Reduction (TIER) fund. These innovative Alberta-based projects […]
ERA Announces Up To $50 Million To Fund Tech That Will Help Reshape Alberta’s Energy Systems
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 […]