NorthX Climate Tech this week announced $3 million for four companies developing technologies targeting high-emitting industrial sectors, including one cleantech innovator based in Alberta. The funding will support Calgary-based CURA Climate alongside ShiftX Technologies, Kinitics, and Hydron Energy as they accelerating pilot deployments and advance pathways to commercial scale across energy, heavy industry, and resource-based […]
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PataBid One of Five Selected for Inaugural AI Accelerator Powered by TELUS
The Sovereign AI Accelerator, a new program between TELUS and L-SPARK to enable high-potential Canadian startups to build and deploy solutions on a supercomputer, this week unveiled its inaugural cohort—and among them is one innovator from Alberta. The cohort includes companies across Canada developing breakthrough AI solutions across retail, robotics, enterprise software, and industrial automation. […]
Serenity Power Captures Capital to Advance Clean Energy Innovation in Calgary
Serenity Power, a Canadian climatech startup developing compact solid oxide fuel cell power systems, revealed the close of a pre-seed funding round this week. The cleantech innovator raised the oversubscribed from Avatar Ventures, Antimo, rpv, Front Row Ventures, Rep Matters, The Firehood, and others. “Serenity Power is a compelling example of how hardware innovation can […]
Alberta Launches New Intellectual Property Office to Support, Protect Local Innovation
Alberta “has world-class researchers, entrepreneurs, and innovators,” says Nate Glubish, “but too often we give our intellectual property away to other jurisdictions.” Glubish, who serves the Province as Minister of Technology and Innovation, says Alberta is launching a new Intellectual Property Office designed to “help the province’s brightest minds own what they create.” The Alberta […]
Government Grant to Reimagine Biotech from NanoTess for Defence Applications
NanoTess has received an investment grant from the federal government to commercialize its civilian technology for defence applications. The Calgary-based biotechnology startup, a developer of innovative catalytic healing solutions, is known for NanoSALV Catalytic, a proprietary technology that leverages copper to help re-establish key biochemical signals. The healing technology can “support prolonged dressing intervals, reduce […]
Calgary’s Questor Technology Secures NRC Funding to Commercialize Cleantech
Questor Technology has garnered funding from the National Research Council of Canada. The Calgary-based organization, which trades on the TSX-V as QST, secured $1.9M through Sustainable Development Technology Canada to complete development and launch commercialization of a 1500kW Rankine Cycle Heat-to-Power Generation System. Questor is an environmental emissions reduction company focused on clean air technologies […]
Calgary’s Answir Targets AI for Investor Relations
A Calgary-based startup is betting that one of the most conservative functions in business—investor relations—is ready for an AI upgrade. Answir, founded by local entrepreneur Nick Kuzyk, is building a business intelligence platform designed specifically for public companies, where accuracy, consistency, and compliance are critical. Rather than relying on open-ended AI models, Answir’s assistant pulls […]
With Help from BMO, Neo Financial Expands into Institutional Capital Markets
Calgary’s Neo Financial recently revealed that it is entering the institutional capital markets space for the first time. The Alberta fintech upstart unveiled a $150 million inaugural credit card securitization with BMO Capital Markets and Calgary-based SAF Group. BMO worked with Neo to structure a facility that fits the firm’s needs and provides committed capital […]
Showpass Eyes Opportunity After Ticketmaster Ruling
A U.S. jury ruling that found Ticketmaster and Live Nation to be operating as an illegal monopoly is sending shockwaves through the global live events industry, and could create a rare opening for competitors on both sides of the border. For decades, Ticketmaster’s dominance in ticketing and Live Nation’s control of venues and promotion have […]
Flora Secures Seed Capital to Rethink Fertility Insurance in North America
Flora Fertility this month closed a seed round to help fuel the company’s mission to expand access to reproductive care across North America. The Calgary-born fertility insurance platform raised US$5 million from a long list of investors including ManchesterStory, Slauson & Co., TruStage Ventures, BDC Capital, Marathon Fund, Adara Venture Capital, and undisclosed angels. The […]