Calgary’s Harvest Venture Builders, a not-for-profit early-stage venture studio, has announced the launch of its new global climate and energy vertical, and expansion of its leadership team with proven energy and AI technology experts. The new vertical will specifically focus on building and fostering a multifaceted and interdependent ecosystem that is centered around the implementation […]
Westgen Rebrands as Convrg, Reinforcing Commitment to Collaboration and Clean Energy
Calgary’s Westgen Technologies is becoming Convrg Innovations this fall. Westgen’s Engineered Power on Demand is a clean energy technology solution that has become a standard on North American oil and gas production sites. The technology reduces up to 99% of emissions from methane gas emitting pneumatic devices, while decreasing operating costs and improving overall site […]
Calgary’s Startup Ecosystem Climbs Higher in Global Rankings, Placing among Top 60 Emerging Ecosystems
Calgary’s startup ecosystem has moved up a bracket in Startup Genome’s Top 100 Emerging Ecosystems list and now places among the top 60 ecosystems globally. Released during the Next Web Conference in Amsterdam, Startup Genome’s Global Startup Ecosystem Report (GSER) 2023 evaluates the performance and growth of innovation ecosystems around the world. Just five years ago, Calgary wasn’t […]
Calgary’s Eavor Secures $50 Million for Global Deployment of Geothermal Closed-Loop Technology
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 […]