In the first half of 2024, venture capital investments totalled nearly $3.6 billion across almost 300 deals, as blood slowly returns to a pale Canada. Despite the lowest deal volume since 2020, average deal size continues to grow, reflecting investors’ focus on companies with proven track records and strong fundamentals, according to the CVCA’s H1 […]
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Alberta Government Invests $5 Million in Pioneering Lithium Brine Facility to Boost Clean Energy Innovation
The Alberta Government is investing $5 million through Emissions Reduction Alberta (ERA) into Calgary’s E3 Lithium. The investment from ERA’s Technology Innovation and Emissions Reduction (TIER) fund will support the company’s integrated Lithium Brine Demonstration Facility. Earlier this month E3 Lithium announced it is constructing a Demo Project at an increased scale that will allow […]
CruxOCM Secures $17M in Funding Led by Microsoft’s M12 to Revolutionize Control Room Technology
Calgary’s CruxOCM has secured a USD $17 million Series A funding round led by M12, Microsoft’s Venture Fund. A leader in co-pilot technology for control room operators, CruxOCM is proven, scalable, off-the-shelf software to fully automate the execution of procedures , checklists, and rules of thumb for control room operators. This funding brings CruxOCM’ s total […]
Ocumetics Launches New Injector for Accommodative Lens, Ahead of 2025 Human Trials
Calgary’s Ocumetics, a pioneer in vision enhancement technology, is excited to announce the successful development of a new injector system specifically designed for implantation of the Ocumetics Accommodative Intraocular lens. This achievement marks a significant milestone in Ocumetics’ journey toward its first-in-human study scheduled for early 2025. The new injector, meticulously crafted by Medicil, a […]
Calgary’s Helcim Simplifies Receivables with QuickBooks Online Integration
Calgary’s Helcim has launched Helcim Automated Invoice Payments for QuickBooks Online. The new integration simplifies accounts receivables by offering real-time invoice syncing and effortless payment acceptance for small business owners, accountants, and bookkeepers. The integration builds on Helcim’s existing offerings for accountants and bookkeepers which includes a robust integration with Xero. “Our Automated Invoice Payments for QuickBooks Online simplifies invoice […]
Pitch Your Real Estate Tech Solutions at Calgary’s Proptech Event
Do you have a proptech company? Are you looking for a way to showcase your business and connect with others in the industry? The Proptech Showcase returns to Calgary after a successful inaugural year and they’re looking for proptech startups to take the KPMG Pitch Stage at the Platform Innovation Centre to live-pitch their real […]
Rogers to Launch Advanced Wildfire Detection in Alberta as Part of National Safety Initiative
Rogers announced today that they will introduce wildfire detection to 10 communities as part of their commitment to keeping Canadians and first responders safe. The telecom giant is partnering with Vancouver’s SenseNet, a eader in early wildfire detection technology, to bring the company’s AI technology to communities across the country, starting in Alberta and British […]
E3 Lithium Advances Alberta’s Lithium Industry with New Demonstration Facility
Calgary’s E3 Lithium is taking a significant step forward to reinforce western Canada as a major lithium resource jurisdiction. The leader in Canadian lithium has announced its plan to build a fully integrated Lithium Brine Demonstration Facility with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta. […]
Deep Sky Labs to Establish World’s First Carbon Removal Innovation Center in Innisfail, Alberta
Canadian carbon removal project developer Deep Sky has selected a site in Innisfail, Alberta to build the world’s first carbon removal innovation and commercialization centre, Deep Sky Labs. Strategically located an hour north of Calgary, Innisfail is an emerging clean energy hub. Deep Sky Labs’ mission is to accelerate the path to low cost, low energy intensity and highly scalable carbon dioxide […]
Alberta Emerges as Top Destination for International Engineering Technology Professionals
A recent survey conducted by the Association of Science and Engineering Technology Professionals of Alberta (ASET) has highlighted Alberta’s attractiveness as a destination for internationally trained engineering technology professionals. Nearly three-quarters (73.53%) of the survey respondents arrived in Alberta upon their first entry into Canada. Among those who initially settled in other provinces like Ontario […]