Six months after announcing a previous fundraise, Calgary’s ZayZoon has added $20 million to its coffers as an extension to its Series B round. ZayZoon’s Series B round now sits at $67 million. The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners, and Export Development Canada […]
Expert Tips for Tech Startups Moving Into a New Facility
Driven by the return to in-person gatherings, new data shows venture-backed startups are renting more office space. While legacy companies may stay in a single office building for decades, quick-growing tech startups typically require more flexibility and to be able to change their space as they expand. In the excitement of expansion or relocation, there […]
From Soda Sales to Software Success: Chantelle Little’s Journey to Founding a Top Web Agency
What began as a youngster selling soda cans at her father’s local golf course sparked the entrepreneurial journey behind one of Canada’s most innovative, tech-focused web and brand agencies. Chantelle Little knew she loved entrepreneurship well before she understood anything about brand, SaaS or the technology sector. From her days selling sodas as a kid […]
How PayShepherd Helped Industrial Facilities Avoid $1 Million in Overspending
Launched in 2018 by Wesley Sessenwein, Jenn Hunter, and Johan Lee, Calgary’s PayShepherd wants to become the “system of record” for financial transactions between industrial facilities and contractors. Working as a billing management and contract assurance platform, the company’s solution sits between facilities and the contracted workforce to identify billing issues, increase visibility and accountability […]
Carbonova Raises $6M to Convert Emissions into Carbon Essentials
Calgary startup Carbonova has raised an oversubscribed $6 million equity round for its technology that turns greenhouse gas emissions into carbon materials for sustainable and inexpensive everyday essentials. The University of Calgary spin-off intends to use the net proceeds from the financing to advance its strategy towards building the first commercial demonstration carbon nanofibers unit in […]
ATB Ventures’ Oliu Becomes First Canadian Organization to Achieve Digital ID Certification
In 2022 ATB Ventures, the research and innovation arm of leading Alberta-based financial institution ATB Financial, launched Oliu, a suite of digital identity products. ATB Ventures announced today that Oliu has achieved certification from the Digital ID and Authentication Council of Canada (DIACC), making it the first organization to get certified for DIACC Pan-Canadian Trust […]
Calgary’s LyfeMD Wins Big at DMZ’s Women Innovation Summit
This week Toronto Metropolitan University’s DMZ held its second annual Women Innovation Summit, where tech startups had the opportunity to pitch their businesses to angel investors from The Firehood to secure cash investments. The pitch competition, which received over 160 applications to participate from coast to coast, heard from 10 women-led startups and awarded a […]
Alberta’s Tawhid App Launches To Empower Muslims Worldwide in Time for Ramadan
As Ramadan approaches, an Alberta-built spirituality app designed for Muslims globally has launched. Ramadan is a time when Muslims around the world fast and try to improve themselves in character and practice. Tawhid App aims to provide a safe social space for Muslims to practice their faith without prejudice Tawhid App is an adaptive platform […]
INNOVATEwest Hosts ‘Grizzly Pursuit’: A Startup Pitch Battle with a $20,000 Prize
If you’re reading this there is a good chance that you’ve heard of Dragons Den and Shark Tank but have you heard of the Grizzly Pursuit? The inaugural INNOVATEwest conference in Vancouver on April 16th and 17th will feature a Grizzly Pursuit competition where six startups will get the opportunity to pitch live on the main stage for a $20,000 […]
Eavor Secures Direct Investment From Japan’s Kajima Corporation
One of the oldest and largest construction companies in Japan has made a direct investment into Calgary’s Eavor Technologies. Founded in 1840, Tokyo’s Kajima Corporation builds high-rise structures, railways, power plants, dams, and bridges. Eavor is a leader in globally scalable geothermal energy technology and its Eavor-Loop utilizes heat from the natural geothermal gradient of […]