Calgary will become home to another major technology hub as IBM announced today the creation of a Client Innovation Centre (CIC) for Western Canada based in the city, creating 250 jobs. In the last year Amazon, RBC, and Rogers have all announced that they would be establishing engineering hubs in Calgary and aggressively hiring. The new IBM innovation hub will […]
Calgary Crypto Trading Platform Bitvo Acquired By FTX
Calgary-headquartered crypto asset trading platform Bitvo has been acquired by FTX. In April 2022, Bitvo became the first Alberta-based crypto asset trading platform to register as a restricted dealer, allowing it to offer crypto asset trading services across all provinces and territories in Canada. Bitvo is also registered with FINTRAC as a money services business in the […]
Westgen Technologies Powers Up for Growth with Close of Series A Financing
Calgary’s Westgen Technologies, a clean energy technology company specializing in providing methane emission reduction solutions, has secured an investment led by ARC Financial through ARC Energy Fund 9 and Idea Well Capital Partners. This new partnership will allow Westgen to accelerate growth of its North American installation base, expand manufacturing capabilities, and bring to market a series of […]
PayShepherd Secures $3 Million to Tackle Contractor Billing Errors for Manufacturing Facilities
Calgary’s PayShepherd has secured USD $3 million in seed funding led by Nashville Capital Network, with participation from existing investors Thin Air Labs and the Accelerate Fund, managed by Yaletown Partners with support from the A100. Since releasing its platform, PayShepherd has helped manufacturing facilities and contractors eliminate overspending, benchmarked in excess of USD $1 million yearly per major facility, as well […]
Neo Financial Achieves Unicorn Status And Is Hiring 100 In Calgary & Winnipeg
Canadian challenger bank Neo Financial has raised a $185 million Series C round led by Peter Thiel’s Valar Ventures. The financing round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. Neo Financial […]
Rogers To Hire For 500 Tech Roles At Technology and Engineering Hub In Calgary
Rogers Communications today introduced the first members of its advisory council to oversee a National Centre of Technology and Engineering Excellence to be established in the heart of Calgary following the close of its proposed merger with Shaw Communications. The Rogers THINKLab will help train new graduates and build a pipeline for high-skilled technical talent to stay and […]
San Francisco’s Unity Opens New Offices In Calgary
This week San Francisco’s Unity Technologies cut the ribbon on 25,000 square feet for the new Innovation Centre for Digital Transformation in Brookfield Place in Calgary. Unity is the world’s leading platform for creating and operating interactive, real-time 3D (RT3D) content and currently employs 60 in Calgary. The opening of the Calgary office was delayed by a […]
Athennian Raises $33 Million to Expand Business Entity Management Platform
Cloud-based business entity management technology company, Athennian, announced today that it has raised $33 Million in its Series B round, led by Centana Growth Partners with participation from existing investors Arthur Ventures, Touchdown Ventures, and several private investors. Founded in 2017, Athennian’s innovative software powers legal, tax and finance teams to seamlessly digitize, streamline and manage business entities and company […]
Syantra Raises $6.8 Million for Breast Cancer Blood Test
Calgary precision healthcare company Syantra has raised a $6.8 million Series A fundraising round led by a consortium group of doctors in Canada through Rejuvenation Health which sees the test as an excellent element of its offering to women through its concierge medicine practice. Included in Syantra’s Series A fundraising is being the first recipient with Plug and […]
StellarAlgo Raises $16.5 Million Series A
Calgary’s StellarAlgo, the leading customer cloud platform for the sports and live audience industry, announced today a $16.5 million Series A funding round led by Toronto-based Carallas Holdings. Other new investors include Newbound VC, and Bleacher Report founder Dave Finocchio. The round also included follow-on investment from existing shareholders Accelerate Fund II, Bluesky Equities, and […]