Calgary-based regulatory AI company Ultimarii has raised more than $13 million in Series A financing and related funding to expand its platform across Canada and the United States. The latest capital brings Ultimarii’s total funding to more than $18 million as demand grows for new power generation, transmission, energy and mining infrastructure across North America. […]
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Finofo Expands AI Finance Platform Beyond Accounts Payable
Calgary fintech Finofo is expanding its AI-native finance platform with new expense-management and purchasing capabilities. The homegrown company initially focused on automating accounts payable, including invoice data extraction, coding, purchase-order matching and approval routing. Its expanded platform now covers vendor invoices, corporate card expenses, employee claims, purchase orders, payments and reconciliation. Finofo is positioning the […]
SMART Technologies Launches SoundFlow for More Accessible Classrooms
Calgary-based education technology pioneer SMART Technologies has launched a new audio broadcasting system designed to make classroom instruction clearer and more accessible for students. Called SMART SoundFlow, the plug-and-play technology broadcasts audio from a SMART Board directly to compatible hearing aids, earbuds, headphones, personal listening devices and speakers. SMART describes SoundFlow as the first system […]
ERA Backs Seven Calgary Cleantech Projects with $15 Million
Seven Calgary companies have secured a combined $15.1 million from Emissions Reduction Alberta to advance technologies spanning clean fuels, critical minerals, nuclear energy, agricultural feed and industrial emissions monitoring. The local investments form part of ERA’s latest $51-million funding portfolio, which supports 16 projects valued at nearly $180 million across Alberta. Funding is supplied through […]
Ethox Joins Aerospace Innovation Hub with Cleantech Targeting Aviation Sector
As Canada pushes for Net Zero, the concept of capturing carbon dioxide and sequestering it has risen rapidly in popularity. Founded in 2023, Ethox Energy is determined to put that captured CO2 to use. The flagship technology being developed by Ethox utilizes captured CO2 as a feedstock in order to create products for fuel production, […]
Neo Financial Cuts 102 Jobs as Calgary Fintech Sharpens Focus
Calgary-based Neo Financial has laid off 102 employees, representing roughly 10 per cent of its workforce, as the rapidly growing fintech moves to simplify its business and concentrate on fewer priorities. The cuts affected nearly every part of the company, according to a message shared with employees and published on LinkedIn by co-founder and CEO […]
TechExit.io Brings Canada’s Value Creation Conference to Calgary
Calgary will host its first TechExit.io conference on October 1, bringing technology founders, investors, operators, advisors, and potential acquirers to the BMO Centre. This year’s agenda includes sessions on the financial architecture of an exit, Prairie technology roll-ups, post-acquisition earn-outs, building competitive moats, and life after selling a company. TechExit.io Calgary will be chaired by […]
Alberta Companies Back Federal Framework for Responsible Data Centre Development
In March, experts outlined why Alberta is a contender in the race to build AI infrastructure. Months later, Meta unveiled official plans for a $13 billion data centre northeast of Edmonton. The artificial intelligence economy is expected to contribute up to US$16 trillion to the global economy in the 2030s. Alberta’s data centre strategy has […]
Arlene Dickinson and Mayor Jeromy Farkas Join Energy Disruptors Lineup
Two prominent Calgary leaders are joining the global lineup for Energy Disruptors: UNITE 2026. Entrepreneur and venture capitalist Arlene Dickinson and Calgary Mayor Jeromy Farkas will take the stage when the summit returns to the BMO Centre on September 28 and 29. Dickinson is the Founder and General Partner of District Ventures Capital, which invests […]
Fintech Social Brings Calgary’s Finance Innovators Together This September
Calgary’s fintech community will have a fresh opportunity to connect this fall when Fintech Cadence brings its Fintech Social series back to the city. Fintech Social Calgary takes place Thursday, September 17, from 5:00 to 7:00 p.m. at Hudsons Canada’s Pub in downtown Calgary. The gathering is designed as a relaxed alternative to traditional conferences […]