In August, Calgary.tech reported that, through the first half of 2024, the province of Alberta surpassed BC—for the first time—in terms of investment dollars attracted, drawing a total of $383 million across 41 deals. “The second quarter of 2024 continued the momentum we saw earlier in the year, with steady venture capital investment,” stated Kim […]
News
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 […]
Benevity Reports Record $140 Million Donations on GivingTuesday
Calgary’s Benevity, a global provider of corporate social responsibility solutions, announced over $140 million was donated to nonprofits through its platform on GivingTuesday. This milestone was supported by 637 companies. More than 148,000 individuals contributed to over 56,000 nonprofits across 122 countries and territories. Benevity reported a 2% year-over-year increase in donation dollars per donor. […]
Acceleware Secures $1.31 Million CRIN Grant for RF XL Pilot Expansion
Calgary-based Acceleware, a leader in decarbonizing industrial process heat, has announced a major milestone in its innovative RF XL technology pilot. The company has secured up to $1.31 million in non-dilutive funding from the Clean Resource Innovation Network (CRIN). The grant, made possible by Canada’s Strategic Innovation Fund, will support the next phase of heating […]
Calgary Tech Firm Enters 2025 with a New Identity to Reflect Decade of Evolution
Ten years ago, EasyRedir launched as the first dedicated URL redirect service on the market. Entering 2025, the Calgary company has a new identity: urllo. As the technology services provider celebrates its tenth anniversary, the freshly rebranded urllo serves over 1,000 clients across 75 countries and manages 18 billion redirects annually for clients such as […]
Funding Momentum Among Calgary Innovators During First Half of 2024 Continues to Year End
In August, Calgary.tech reported that, through the first half of 2024, the province of Alberta surpassed BC—for the first time—in terms of investment dollars attracted, drawing a total of $383 million across 41 deals. “The second quarter of 2024 continued the momentum we saw earlier in the year, with steady venture capital investment,” stated Kim […]
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 […]
Exro Technologies Reveals Record Revenue and Strategic Partnership Amid Challenges
Exro Technologies achieved record revenues last quarter, the Calgary clean-tech company reported this month, as it faces an emerging legal battle. Established in 2014, Alberta’s Exro develops modern technology for the electric vehicle sector. The publicly traded company’s technologies serve to bridge the performance-cost gap in e-mobility, as demonstrated by the Exro Coil Driver, as […]
Virtuo Releases Beta A.I. Assistant That Can Learn Everything About Your Exact House
Virtuo’s next-generation home management platform is designed to help builders, agents, and lenders deliver exceptional client experiences to homeowners in Canada. This week the Calgary-based company announced the beta release of its latest offering in the field, HomieAI. Virtuo’s HomieAI is the first generative artificial intelligence app trained specifically on individual homes, according to 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 […]