What began in 2013 as a PhD project at the University of Waterloo has turned into a groundbreaking water treatment innovation that is having a notable impact on Alberta’s oil sands. Kitchener-born H2nanO is developing a sustainable and cost-effective water treatment solution for tailings ponds to ensure more water is available for reuse, according to […]
News
City of Calgary Invests $3.9 Million Toward Launch of Local Aerospace Innovation Hub
Calgary is moving forward with the launch of an Aerospace Innovation Hub. Innovators in the aerospace sector will soon gain access to funding, business support, and technology validation in real-world settings at the forthcoming hub, according to a statement from Calgary Economic Development. The hub is enabled by an investment of $3.9 million over four […]
Carbonova Raises $6M to Convert Emissions into Carbon Essentials
Calgary startup Carbonova has raised an oversubscribed $6 million equity round for its technology that turns greenhouse gas emissions into carbon materials for sustainable and inexpensive everyday essentials. The University of Calgary spin-off intends to use the net proceeds from the financing to advance its strategy towards building the first commercial demonstration carbon nanofibers unit in […]
Food-Tech Startup Garners Government Capital to Build AI Robots for Restaurants
The Canadian Food Innovation Network announced today that it is awarding nearly $500,000 across six food-tech projects throughout Canada. “These six projects represent CFIN’s vision for a future where new ideas and technologies create a more efficient, sustainable, and customer-centric food industry,” stated Dana McCauley, chief executive of CFIN. “As we introduce intelligent solutions, autonomous […]
ATB Ventures’ Oliu Becomes First Canadian Organization to Achieve Digital ID Certification
In 2022 ATB Ventures, the research and innovation arm of leading Alberta-based financial institution ATB Financial, launched Oliu, a suite of digital identity products. ATB Ventures announced today that Oliu has achieved certification from the Digital ID and Authentication Council of Canada (DIACC), making it the first organization to get certified for DIACC Pan-Canadian Trust […]
Alberta Earmarks $55M Toward New UCalgary Science and Innovation Hub
Allotted in Alberta’s 2024 budget is a sizeable sum directed at the University of Calgary. The Province has earmarked $55 Million toward the construction of an onsite research and science hub, the government announced recently. The hub will span seven floors of space and bring together a variety of disciplines, including neuroscience, chemistry, and energy. The […]
Calgary’s LyfeMD Wins Big at DMZ’s Women Innovation Summit
This week Toronto Metropolitan University’s DMZ held its second annual Women Innovation Summit, where tech startups had the opportunity to pitch their businesses to angel investors from The Firehood to secure cash investments. The pitch competition, which received over 160 applications to participate from coast to coast, heard from 10 women-led startups and awarded a […]
Calgary Startup Nimble Science to Accelerate Health-Tech Platform at Google
Many chronic diseases are associated with dysbiosis of the small intestine, representing a $75 billion total addressable market. Knowing this, Calgary healthtech startup Nimble Science raised $2.7 million last April to commercially scale their tech-forward health platform to food, diagnostic, and drug companies. The funding brought Nimble out of stealth mode to enable academia, government, […]
Fortinet Commits $30M Toward Cutting-Edge Cybersecurity Tech Hub in Calgary
A global cybersecurity firm driving the convergence of networking and security announced this week plans today to invest $30 million into Alberta’s technology sector. Silicon Valley headquartered Fortinet, whose cybersecurity portfolio comprises over 50 enterprise-grade products, serves more than half a million customers. With support from Invest Alberta and Calgary Economic Development, as well as […]
Governments Unveil $112M Investment to Boost Internet Connectivity in Rural Alberta
Today, 93% of Canadian households have access to high-speed Internet, compared to 79% in 2014. It’s significant progress, but we’re not done yet. The federal and provincial governments agree that all Canadians deserve reliable and affordable high-speed Internet and mobile connectivity, regardless of where they live. “Connectivity is an essential tool to access education and […]