A provider of methane software and data analytics solutions for the oil and gas sector has received investment from BDC Capital’s new $150 million Sustainability Venture Fund. Calgary-based Arolytics, which earlier this year secured $400,000 in funding from the Government of Canada through Sustainable Development Technology Canada, is the inaugural investment in BDC’s new fund. The fund […]
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ATB Financial Launches Second $50 Million Private Equity Fund
ATB Private Equity, the private equity investment arm of ATB Financial, has announced the launch of a second $50 million private equity fund dedicated to making minority interest investments in key Alberta based small and mid-market enterprises. The new fund follows the success of ATB’s first fund created in 2016, and in total represents a […]
Solar Gains Steam in Alberta as Foresight Accelerates Clean Energy Innovation
Last year, the Canadian Broadcasting Corporation posited that the province of Alberta was on the verge of a “solar power gold rush.” Not long after, the federal government unveiled $160 million in investment for an array of solar projects across Alberta, and has since followed up with even more investments in solar in the region. But beyond implementing […]
Government Builds on Investment in Alberta Solar with More Projects
With an aim to bring affordable, reliable, and clean energy to communities in every region of Canada, the federal government is investing in job-creating projects across the country. Alberta’s potential for clean energy development, combined with the expertise of workers and community partners, is creating economic opportunities in the province, according to the government. Canada’s […]
Platform Calgary and National Bank Partner to Create New Investment Opportunities for Calgary’s Tech Sector
National Bank of Canada and Platform Calgary have announced a new strategic partnership focused on improving the connections between investors and Calgary technology startups. National Bank is committing $380,000 over four years to establish the “National Bank Investor Hub” located at the Platform Innovation Centre. National Bank will also become a core partner of the […]
ZayZoon Raises $46 Million to Expand Employer Engagement Platform
Calgary-headquartered Earned Wage provider ZayZoon has raised $46 million in a combination of debt and equity for its Employer Engagement Platform. The Series B round was led by Framework Venture Partners, with co-investment from Export Development Canada (EDC) and participation from ATB Financial as well as existing shareholders. The financing will support recruiting efforts and continued growth and innovation for […]
Calgary’s Earthware Launches Sustainable Packaging Pilot with SkipTheDishes
SkipTheDishes, Canada’s only homegrown food delivery network, today announced the launch of a reusable packaging pilot program in Calgary to provide local residents with greener alternatives to single-use plastic waste. Through the pilot, SkipTheDishes customers in Calgary will be able to order from one of the participating restaurants which have transitioned to providing takeout orders in Earthware reusable containers. After enjoying […]
Leadership Development Platform, Monark, Raises $1.5 Million Seed Round
Calgary’s Monark, a SaaS platform that offers on-demand leadership development for a new generation, announced today it has closed a $1.5 million seed financing round led by Storytime Capital, with participation from The51, Archangel and UCeed. Founded in 2020 by organizational psychologists Kelsey Hahn, MSc and Amanda Julian, PhD, Monark is disrupting a market plagued […]
How Calgary’s TradeSpace Helps Alberta Entrepreneurs Pursue Their Dreams
Even with digital transformation sweeping across the Western world, trades remain as topical as ever. With unprecedented levels of immigration stacked on top of unaffordable housing, the need for industrial-level innovation in Canada is tremendous. That is part of why we’re seeing Alberta companies such as Mercator AI, Arthrotó, and PolarBlock blend tech and industry to advance […]
AgTech Startup HEMPALTA Introducing Industrial Hemp Carbon Credits to Canada
HEMPALTA, a local company focused on hemp processing and product creation, is partnering with UK-based Hemp Carbon Standard, a leading carbon platform for industrial hemp farming, to enter the growing carbon credits market space. It represents a milestone for HEMPALTA’s focus on sustainable business practices and provides the company with a valuable new revenue stream […]