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 […]
UCalgary Researcher Wins National Innovation Award for Advanced Mine Safety Technology
In response to a major tailings dam collapse in the Philippines earlier this year that forced evacuations and devastated homes, a University of Calgary researcher is stepping up efforts to improve mine safety worldwide. Dr. Susanne Ouellet, a postdoctoral fellow in Earth, Energy, and Environment, has earned the Mitacs Innovation Award for Outstanding Innovation for […]
Southern Alberta’s Velocity Showcase Crowns Hoodo as People’s Choice Winner
Alberta Catalyzer helped kick off Innovation Week YYC by hosting their Southern Alberta Velocity Showcase at the Platform Innovation Centre on November 13th. The Velocity showcase is the culmination of an eight-week program where entrepreneurs work with industry experts and coaches to take their business to the next level in establishing a strong go-to-market strategy, […]
Neo Secures $360M, Leading Calgary’s Fintech Surge
Calgary-born fintech Neo Financial has secured a $360 million Series D fundraising round consisting of $110 million of equity and $250 million of debt. The funding round includes investments from renowned Canadian founders and entrepreneurs including Tobi Lütke (Shopify), Stewart Butterfield (Slack), David Baszucki (Roblox), and Mike Wessinger (PointClickCare). Existing investors, including Valar Ventures, Golden Ventures, Afore […]
Who Are Calgary’s Most Investable Cleantech Companies?
According to the Climate Change Performance Index (CCPI), Canada has fallen four spots since 2023 and now ranks 62nd globally in key climate battlegrounds like greenhouse gas reduction, renewable energy advancement and adoption, and overall energy consumption reduction. It is increasingly clear that Canada is struggling to keep up with other G7 countries in tackling climate […]
Neo Financial Leads Deloitte’s 2024 Technology Fast 50
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, Clean Technology and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada for the 27th year. The Technology Fast 50 program recognizes the achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, […]