The federal government is investing nearly $13.4 million to support carbon capture technology in Alberta, aiming to reduce emissions while creating jobs and economic opportunities. Energy and Natural Resources Minister Jonathan Wilkinson announced the funding, which will support projects designed to make carbon capture more affordable and efficient. The investment includes: The funding supports Canada’s […]
Jayman BUILT and SkyFire Energy Celebrate Solar Milestone
In a landmark achievement for sustainable homebuilding, Calgary’s Jayman BUILT and SkyFire Energy have reached 10 MegaWatts (MW) of installed solar power across nearly 60 Alberta communities. Since launching their solar initiative in 2018, the partnership has resulted in the installation of 28,262 solar modules on 3,964 Jayman homes, generating enough clean energy annually to […]
Thin Air Labs Hosts YYC Tech Pickleball Open
Thin Air Labs is blending sports and networking with the YYC Tech Pickleball Open, taking place at the Calgary Pickleball Center on Saturday, February 8th. The event invites members of Calgary’s thriving tech ecosystem to team up, compete, and connect over pickleball matches. Participants will have the chance to network with local entrepreneurs, investors, and […]
HEMPALTA Refocuses Strategy on Carbon Credits and Targets New Funding
HEMPALTA has announced a strategic pivot towards nature-based carbon credit solutions, marking a significant shift in its corporate direction. The company is a past recipient of Calgary.tech’s startups to watch. The company says it will be enhancing its focus through its subsidiary, Hemp Carbon Standard (HCS), which is dedicated to developing and managing hemp-derived carbon […]
BlackRock’s Decarbonization Partners Fuels Orennia’s Growth
Calgary-based Orennia announced the successful close of its Series C growth financing today, led by Decarbonization Partners, a joint venture between BlackRock and Temasek. Existing investors also participated in the funding round. Orennia’s Ion_AI platform delivers unparalleled data, analytics, and insights for the energy transition sectors, including power, renewables, clean fuels, and carbon capture. Purpose-built […]
PakEnergy Acquires Calgary-Based Petrosight to Expand Well-Lifecycle Management Solutions
PakEnergy, a Dallas-based leader in digital transformation for the energy industry, has announced its acquisition of Calgary’s Petrosight, a cutting-edge provider of advanced well management software. This strategic move solidifies PakEnergy’s standing as a comprehensive provider of end-to-end well-lifecycle management solutions, spanning from site planning and construction to drilling, production, workovers, and decommissioning. Petrosight’s cloud-based […]
ATB Financial and The51 Close $51M AgTech Fund to Drive Agricultural Innovation
In a significant boost for agricultural innovation, ATB Financial and The51 Food and AgTech General Partners have announced the final close of The51 Food and AgTech Fund at $51 million. This early-stage venture fund focuses on supporting diverse science and technology founders working to transform the agriculture sector. The milestone comes amid a challenging venture […]
Alberta Enterprise Corporation Invests $5 Million in Pender Ventures to Boost Alberta Tech Sector
Alberta Enterprise Corporation (AEC) has announced a $5 million investment in Pender Ventures‘ $100-million Pender Technology Inflection Fund II. This strategic move aims to increase early-stage capital access for Alberta’s burgeoning technology and health technology startups. Pender Ventures has further solidified its commitment to the province by establishing a full-time presence in Calgary. Pender Ventures, […]
Innova Cleantech Secures Seed Funding to Revolutionize Graphite and Hydrogen Production
Calgary-based Innova Cleantech has secured seed funding to accelerate its pioneering work in sustainable graphite and hydrogen production. The investment, led by Weave VC and supported by prominent super angels from the Creative Destruction Lab (CDL), is set to propel Innova’s methane pyrolysis technology towards commercialization. Innova’s innovative approach addresses a pressing global challenge: the […]
Blackline Safety Secures $1.6M Deal with Total Safety for Advanced Gas Monitors
Calgary-based Blackline Safety has announced a $1.6 million agreement with Total Safety, a leading provider of integrated industrial safety solutions. The deal involves the purchase of over 100 of Blackline’s next-generation EXO 8 portable area monitors, which will become part of Total Safety’s rental fleet. The EXO 8 devices will be deployed during critical industrial […]