Calgary’s Trail Blazing Ventures (TSXV: BLAZ.P), a capital pool company, has filed the paperwork to acquire HEMPALTA in a non-arm’s length transaction. Capital pool companies can be useful to a startup to go public without committing to a lengthy IPO process. HEMPALTA has been on Calgary.tech’s 2023 watchlist of companies and Foresight Canada’s list of […]
News
Edmonton Tech Firm Sees Big Growth in the Cloud
Despite the rapid advancement of modern technological progress, many major businesses around the world and across sectors remain anchored down by outdated legacy components. Perhaps that is why an Edmonton-based firm combining data science, machine learning, and predictive analytics to create efficient software-as-a-service solutions is among Canada’s fastest growing companies. Placing 269th on this month’s […]
Fillip Raises $5 Million Seed Round Led by Staircase Ventures
Calgary fintech startup Fillip has closed its $5 million seed round led by Toronto-based Staircase Ventures. Founded in 2018 by former CDL-Rockies’ site lead Alice Reimer, Fillip calls itself the first digital payment platform built for business fleets. Fillip was named one of 10 homegrown Calgary startups to watch in 2023 after winning the top prize […]
Alberta Innovates Directs Millions of Dollars Toward Local Agricultural Technology
We already know that Alberta is a province actively innovating the agriculture sector in Canada. But the province’s “innovation engine” believes there is even more potential to advance Canadian ag-tech. Agriculture innovators funded by Alberta Innovates are harnessing digital technologies to make farmers’ jobs easier, with lower input costs and a smaller environmental footprint. Eleven […]
Quickly Raises $10 Million Round Led by Thin Air Labs for Early Payment Platform
Calgary fintech Quickly has raised a $10 million seed financing round led by Thin Air Labs, with participation from Plug And Play, ATB Financial along with new and existing shareholders. Quickly is an Early Payment Platform (EPP) provider for small and mid-sized businesses and the debt and equity financing will support recruiting efforts, US expansion, and growth for […]
Local Startup Takes Home Top Prize at Second Annual Calgary Fintech Award
Nearly 200 applicants were whittled down down to 12 finalists. After three months of competition and mentorship, four financial technology startups won this year’s Digital Commerce Calgary Fintech Award, with three hailing from the Alberta region. The second-annual award, this year expanded nationwide, recognized DealPoint, Blossom, Propra, and Elev as the top four winners—taking home […]
Five Companies That Are Hiring In Calgary Right Now
Last week LinkedIn published their 6th annual Top Startups list, a resource featuring 15 Canadian companies that are rising to the challenges of the moment and continuing to innovate and gain attention in 2024. The list included Albertan startups like innovative fintech Neo Financial and AI pioneer AltaML. While there is no doubt that these […]
Virtual Gurus Collaborates with Mastercard on World Elite Mastercard for Business
Calgary’s Virtual Gurus is collaborating with Mastercard as one of their newest partners on the World Elite Mastercard for Business. World Elite Mastercard for Business cardholders will receive a 20 per cent discount on the first three months of their subscription to Virtual Gurus, a talent marketplace that leverages proprietary technology to match organizations with […]
Calgary’s IMagosoft to Power Cybersecurity Solutions for KPMG
A Calgary-based provider of identity management solutions has been acquired. Professional services giant KPMG announced the acquisition this week as the firm expands its Identity and Access Management service offering to help clients manage data and prevent unauthorized access to their networks. Thomas Davies, a cybersecurity expert for KPMG, says that factors such as hybrid […]
After Waiting Years for AI to Advance, Edmonton Startup Explodes onto Scene
An Edmonton-based financial technology upstart is among Canada’s fastest-growing companies, according to an annual ranking from The Globe & Mail. Founder Evan Chrapko launched Trust Science with a target toward what he calls “Invisible Primes”—the 90 million credit-invisible people living in North America who are left “outside of the modern economy.” “We’re here to help […]