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 […]
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How Alberta’s Job Autopilot Hires A.I. to Get You Hired Faster and Easier
Turbulence in Canada’s job market is high this year, and may stay so for a while as national and global economic uncertainties linger. Seeking to alleviate some of the friction found in today’s hiring market is Job Autopilot, which leverages artificial intelligence to help Canadians land work efficiently. Job Autopilot claims to outsmart employers’ robots […]
Binoloop’s Tally is an AI Assistant That Evaluates Proposals in Minutes, Not Days
A startup launched in Calgary in 2023 is utilizing artificial intelligence to reduce the time and effort of evaluating requests for proposals by up to 75%. Binoloop, founded last year by chief executive officer Purvaja Soochit and chief of technology Kanishk Patel, has developed a flagship product dubbed Tally. Tally is designed to automate the […]
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, […]
Moovez Taps into Canada’s Gig Economy with On-Demand Moving Service Platform
“Moving is awesome!” said no one ever. Whether dealing with condo tower elevator nightmares to managing multiple trucks stuffed with the vast contents of a full house, the experience of moving from one abode to another is seldom as smooth or simple as we naively hope. Reducing the friction impacting that process is the motivation […]
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 […]
Rethinking Real Estate, TraceRent Utilizes A.I. for Dynamic Property Pricing Platform
Calgary’s thriving tech scene will take centre stage this week as the much-anticipated Launch Party of Innovation Week YYC brings together the city’s most promising tech startups. That list includes TraceRent. The fledgling firm, established earlier this year, offers a digital pricing solution tailored to real estate companies. “In today’s fast-paced market, staying ahead of […]
ResVR Finds Success at the Intersection of Videogames and Homebuilding in Calgary
Calgary’s humming tech scene will take centre stage this week as the much-anticipated Launch Party of Innovation Week YYC brings together the city’s most promising tech startups. Those startups, hand-selected by Calgary.tech partner Platform Calgary, will have the opportunity to pitch to an audience of investors and potential partners. That list of companies includes ResVR, a […]
Alberta Enterprise Backs $100M Tech Fund to Boost Innovation
Alberta Enterprise Corporation (AEC) has played a significant role in the final close of Vancouver-based Pender Ventures’ second venture fund, Technology Inflection Fund II LP, which has secured over $100 million to support Canadian technology growth. As a major investor in the fund, AEC is amplifying its commitment to advancing Alberta’s tech sector, particularly in […]
Alberta Invests $40M to Drive Low-Emission Innovation
In a significant step towards a greener economy, the Government of Alberta has announced a $40 million investment from the Technology Innovation and Emissions Reduction (TIER) fund to support Emissions Reduction Alberta’s (ERA) Advanced Materials Challenge. This new funding initiative aims to drive technological advancements in circular economy practices and the development of low-emission products across sectors such […]