The OKGN Angel Summit officially kicked off earlier this month with an investment fund of $225,000 on the table for one courageous startup. The uniquely elevated pitch program guides Okanagan-based investors and startups from across Western Canada through the capital-raising process as part of a Dragon’s Den-style selection process culminating in a public Grand Finale. The group […]
NBA Makes Significant Investment In Calgary’s StellarAlgo
The National Basketball Association has taken an equity stake in StellarAlgo, the Calgary-based data company that helps professional sports teams better understand and predict the spending habits of fans. In addition to the NBA becoming a “meaningful equity holder,” StellarAlgo announced a multi-year, league-wide strategic partnership that will see them provide all 30 NBA teams […]
DeepMarkit To Explore AI Opportunities With New Business Unit
Calgary’s DeepMarkit has announced the formation of new subsidiary to focus on exploring, developing and partnering or investing in innovative and value add Artificial Intelligence based technologies. DeepMarkit is focused on transitioning the global carbon offset market to the more accessible digital economy by minting carbon offset credits into non-fungible tokens (NFTs). The new business […]
PrairiesCan Invests $25 Million In 15 Companies to Create 800+ Jobs
The federal government is investing over $25.5 million, through PrairiesCan and the Jobs and Growth Fund, in 15 Calgary and area businesses to scale-up and create new opportunities for job seekers. In total, the initiatives are expected to help support 800+ jobs, and assist businesses to access the talent, technology, and resources they need to […]
Unicorn Benevity Lays Off 14 Per Cent Of Workforce
Calgary tech unicorn Benevity announced today that it’s laying off 137 staff members, representing 14 per cent of the company’s workforce. In a written statement posted to Benevity’s website, CEO Kelly Schmitt called it one of the toughest days in the company’s history, pointing to recent company growth outpacing a slowing demand for its services. “We significantly […]
Two Calgary Companies Named to 2023 Global Cleantech 100
Canadian cleantech companies are making their mark on the world stage with 12 companies being named to the prestigious 2023 Global Cleantech 100 list, the 14th edition. This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada. While the West Coast stood out […]
Out-of-this-world Tech Could Help Oil Sands Take Giant Leap Forward In Reducing CO2 Emissions
A Calgary company’s leading-edge technology – originally used by NASA to search for life on Mars – is coming down to earth to help reduce greenhouse gas emissions in the oil sands. Impossible Sensing Energy edged out competitors from around the world in a Pathways Alliance global challenge to find a key piece of measurement equipment that will […]
Q+A with HEMPALTA CEO Darren Bondar on Building an Industrial Hemp Processing Startup
HEMPALTA is one of our companies to watch in 2023 as the hemp producer from Calgary has been recognized by Foresight as a top investable cleantech company in Canada. Just a year old, the company’s mission is to be at the forefront of what it calls the next evolution in agriculture utilizing advanced technology to […]
If You Haven’t Been To The Platform Innovation Centre, Check This Video Out!
The Platform Innovation Centre is the front door to Calgary’s tech community. Take a tour through Platform Calgary’s 50,000 square-foot space, and imagine yourself there. If you’re looking to start a career in tech, build your own business, or invest in a local startup, Platform Calgary can help connect you with the peers and resources […]
Duncan Stewart Elaborates On Deloitte’s Technology Predictions For 2023
Deloitte Global has released its annual Technology, Media, and Telecommunications (TMT) Predictions for 2023. The consulting giant forecasts major strides in machine learning for the enterprise, a worldwide appetite for digital subscriptions among consumers, and ongoing smartphone dominance—along with eight additional predictions—as part of the 17th edition of their TMT Predictions. Among the findings pertaining to […]