Nearly two months after a gas leak-induced explosion devastated the community of Cleat Hill, Bedford, UK, some residents are finally returning home. The October 19th blast claimed two lives and forced the evacuation of 50 households, leaving the area on high alert. However, a groundbreaking innovation from Calgary-based Blackline Safety is now offering peace of […]
Calgary’s Fluid Biomed Secures $27M to Advance Breakthrough Brain Aneurysm Treatment
Fluid Biomed, a clinical-stage medical device company specializing in vascular disease treatments, has announced the successful closure of a USD $27 million Series A equity financing round. The oversubscribed round was co-led by Amplitude Ventures and an undisclosed strategic partner, with additional investment from IAG Capital Partners, LifeArc Ventures, and returning backers ShangBay Capital and […]
Kevin O’Leary Leads Visionary $70 Billion AI Data Centre Project in Alberta
Dragon turned Shark Kevin O’Leary is spearheading a transformative initiative to establish the world’s largest AI data centre industrial park, Wonder Valley, in Alberta’s Greenview Industrial Gateway (GIG). This ambitious project, undertaken in partnership with the Municipal District of Greenview, aims to position Alberta as a global leader in cutting-edge data infrastructure and sustainable energy […]
Tech-Driven Cleaning: How Home Spritz Supports Living Wages
A living wage is the hourly pay needed to cover basic expenses and ensure a modest standard of living after accounting for government transfers and taxes. In 2024, Calgary’s living wage was announced at $24.45 per hour—a striking 63% higher than Alberta’s minimum wage of $15 per hour. This sharp increase reflects the soaring costs […]
Alberta Unveils AI Strategy to Attract $100B Investment
This week the Province of Alberta unveiled a comprehensive AI Strategy, positioning itself as the top destination in North America for artificial intelligence (AI) data centres. With the global demand for data centre capacity expected to triple by 2030, the province aims to secure $100 billion in private investment over the next five years, according […]
E2E Energy Secures Patents for Breakthrough Geothermal Technology in Canada and U.S.
Calgary-based E2E Energy, a leader in innovative geothermal energy solutions, has announced the successful granting of patents for its Enhanced Geothermal Reservoir Recovery System (EGRRS) in both Canada and the United States. This milestone positions the company to make significant strides in advancing sustainable and scalable energy production, as global efforts intensify to meet the […]
OraQ Secures $2.6M to Revolutionize Dental Care
Calgary-based healthtech startup OraQ has announced the successful closure of a $2.6 million seed funding round, led by AngelMD, an Alberta-based angel physician group. This investment aims to commercialize OraQ’s clinical decision support platform, which utilizes artificial intelligence (AI) to analyze dental and medical records, assisting dentists in assessing patient risk more effectively. Founded by […]
ResVR, The Reporting Hub, and Moovez Win Big at Launch Party
Innovation Week YYC concluded with a bang on Thursday night as Platform Calgary hosted its highly anticipated Launch Party at the Big Four Roadhouse. Presented by Boast, the event celebrated the achievements of Calgary’s burgeoning tech ecosystem, showcasing 10 of the most promising startups from the past year. “This year’s featured startups are shining examples […]
HazTrack Wins Big at Startup TNT Summit X Finale
Last week’s Startup TNT Summit X Finale brought together six ambitious startups and 46 eager investors, all vying for the chance to secure over $150,000 in seed-stage funding. The big winner? Calgary-based HazTrack, which took home the coveted $150K investment prize. HazTrack is revolutionizing the industrial sector with its cutting-edge sensor technology. Its flagship product, […]
Lightstrike Secures $1.1M Seed Funding for Dependency Management
Calgary-based Lightstrike, a startup specializing in application dependency management, has raised its first external funding round, a $1.1 million seed round. Led by Sprout Fund II, the investment was supported by a US-based angel syndicate, including a founding member of Robinhood, Alberta family offices, and Weave VC. Lightstrike, which operates at the intersection of artificial […]