In an effort to accelerate the speed of discovery of University of Alberta researchers and make Artificial Intelligence (AI) skills more accessible for Edmonton’s burgeoning tech sector, the University of Alberta and Amazon Web Services (AWS) have teamed up to launch Artificial Intelligence Discovery Place. Located in the U of A’s downtown Enterprise Square campus, […]
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Calgary AgTech Startup HEMPALTA Closes Financing in Pursuit of Going Public
Calgary’s Trail Blazing Ventures (TSXV: BLAZ.P), a capital pool company, and HEMPALTA have announced the closing of a private placement financing to raise $1.1 million. The funding will enable the companies to combine and pursue a TSX Venture Exchange listing. HEMPALTA was included on Calgary.tech’s watchlist of startups for 2023. Investors in the financing will […]
Earthware Launches National Wash Network To Power Circular Economy
Hot on the heels of the huge sustainability announcement by Walmart, a groundbreaking collaboration called the National Wash Network has launched and Calgary’s own Earthware is leading the way. Launched with other reuse companies in major cities across Canada, the National Wash Network is an initiative that establishes an infrastructure to support reusable food packaging […]
Cnergreen Secures Seed Funding to Commercialize Nanoparticle Innovation
A Calgary-based startup has secured seed funding for its work developing and manufacturing nanoparticle-based foam technology. Cnergreen announced a $2 million round led by Rhapsody Venture Partners, a US-based venture capital firm specializing in hard-tech investments. Chief executive officer of the advanced materials startup, Ali Telmadarreie, said in a statement that the capital “will enable […]
Toronto-Born Crypto Fintech Excited About New Home in Calgary
Balance last year filed an application with Alberta’s Treasury Board and Finance to incorporate a special purpose trust company under the Loan and Trust Corporations Act. The company wants to offer true Canadian custody for crypto holdings. The Toronto-born fintech, which currently custodies $1.5 billion worth of digital assets in its SOC2-certified proprietary platform, today […]
Calgary’s Hottest Hackathon Warms Up Winter This February
Albertan winter is often associated with Banff and mountain culture, but “Calgary itself is a dynamic city and hosts many enjoyable winter activities and events,” argue organizers behind what is anticipated to be one of the biggest hackathons in the region next year. “The goal of this hackathon is to promote software development as a […]
10 Homegrown Calgary Startups to Watch in 2024
2023 is in the rearview mirror and we can safely say it was a good year for the Calgary tech community and for Alberta’s tech scene as a whole. Of note, the city has earned a ranking among the world’s top 60 emerging startup ecosystems by Startup Genome, a global policy and research organization. We […]
Entering 2024, Blackline Safety Posts 27th Straight Quarter of Growth
Shares in Calgary-based Blackline dipped following the company’s fiscal year-end results for 2023, despite achieving $30 million in revenue during the fourth quarter and reporting annual revenue above $100M for the first time. “We are delighted to achieve a significant milestone, reaching $100 million in total annual revenue as we recorded our 27th consecutive quarter […]
The Best Tech Startup Employers Based in Calgary
Forbes this month released its first-ever ranking of Canada’s Best Startup Employers. To determine the ranking, Forbes partnered with research firm Statista to identify a shortlist of more than 1,000 companies based in Canada. Startups were then evaluated based on three main criteria: employer reputation, employee satisfaction, and company growth. Data points were tallied into […]
Mage Networks Collaborates to Improve Connectivity for Rural Canadians
A publicly traded satellite operator is working with Mage Networks to help power reliable internet connectivity for Canadians living in rural areas. Telesat and Calgary-born Mage Networks have signed a Memorandum of Understanding for Telesat Lightspeed Low Earth Orbit satellite services. As per the agreement, Telesat and Mage will collaborate on integrating commercial and technical […]