Calgary’s Eavor, the leader in globally scalable geothermal closed-loop technology, has completed the first close of their Series B equity round. OMV AG leads the round with a $50 million investment and has entered into a commercial agreement with Eavor to pursue large-scale deployment of Eavor-Loop technology in Europe and beyond. Follow-on investments from Eavor’s […]
TELUS Pollinator Fund for Good Invests $40 Million in 26 Companies in 2022
The TELUS Pollinator Fund for Good has released its second annual impact report detailing the nearly $40 million of its initial $100 million investment commitment. According to the report the Fund has almost doubled its portfolio to 26 mission-driven startups and is generating promising early results with portfolio companies delivering a 155 per cent revenue […]
Calgary’s CruxOCM Wins Silver Stevie Award for Energy Industry Innovation
Calgary’s CruxOCM has been awarded the prestigious “Silver Stevie Award for Energy Industry Innovation of the Year” at the 21st Annual American Business Awards. The Stevie Award recognizes outstanding achievements and innovations in various industries, and CruxOCM’s groundbreaking contributions to the energy sector have earned them this esteemed recognition. CruxOCM makes operations control management software that crushes […]
Pilot Empowers Calgary Homeowners to Reduce Carbon Footprint and Save Money
Alberta Ecotrust Foundation is running a first-of-its-kind-in-Canada pilot in Alberta that allows homeowners to assess their energy use, identify potential cost savings, and show how they could reduce their home carbon footprint. With support from the Alberta Real Estate Foundation, the digital home energy labels pilot project for Edmonton and Calgary uses technology from Vancouver-based cleantech software […]
Servus Credit Union Expands Presence with Acquisition of Stride Capital
Edmonton’s Servus Credit Union has acquired Calgary-based equipment financing and leasing provider Stride Capital. The acquisition represents Servus’s next step in reimagining its credit union business in response to the rapidly changing Canadian financial landscape. “We are excited that Servus and Stride are coming together to deliver ongoing exceptional leasing services to Stride’s existing and […]
Calgary-based Private Equity Fund Launches Tech-Focused Investment Opportunity
The local private equity marketplace is seeing the re-emergence of a past performer with the launch of the new APERION Fund. Despite a global slowing and with layoffs in the sector, Alberta technology companies are continuing to capture investor interest. Backed by leading Calgary venture capitalist Rob Purdy, the fund was created in late 2022 […]
Rogers and Shaw Unite in a Spectacular Free Concert, Benefiting Charity
Last week Calgary’s Shaw Communications and Rogers Communications celebrated their recently completed merger with a free concert to kick off the summer. Headlined by Grammy Award-winning country superstar Darius Rucker and held at the Scotiabank Saddledome, the event marked both a customer appreciation event and a charity fundraiser to benefit the local Big Brothers and […]
Blackline Safety Expands Manufacturing Capacity to Meet Surging Global Demand for Connected Safety Wearables
With global demand for its industry-leading connected safety wearables at an all-time high, Blackline Safety has expanded its manufacturing capacity at its Calgary headquarters. The expansion – which is poised to increase Blackline’s production capacity by 30 to 50% – was achieved by repurposing the company’s existing space. The announcement comes on the heels of […]
Unlock the Future of Agriculture: Enrol in the Automation and Digital Agriculture Specialist Program
Take your first step towards a career in agriculture technology and join a new innovative training program. Look no further than the Automation and Digital Agriculture Specialist Program from Palette Skills. Recently launched in Alberta, this 130-hour program is designed to equip you with the latest industry knowledge and skills. You’ll learn from top industry experts in […]
Thin Air Labs Launches Podcast Featuring Calgary Founders
Calgary’s Thin Air Labs has launched a podcast miniseries called The Founder Mindset. Hosted by Leah Sarich, Thin Air Labs’ Head of Story, the podcast will profile the incredible founders building globally competitive companies in Calgary. This first series consists of 6 episodes that will be released every two weeks and feature conversations with local […]