Innovate Calgary has announced the appointment of Todd Hirsch as Director of the Energy Transition Centre. A collaboration between Innovate Calgary, Avatar Innovations and the University of Calgary, the Energy Transition Centre (ETC) opened in downtown Calgary in fall 2022. The ETC connects industry and community with the research and technology developed at the University […]
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SensorUp Secures $12 Million to Accelerate Methane Leak Detection and Repair with Geospatial Platform
Calgary’s SensorUp has raised $12 million for its geospatial platform for methane leak detection and repair. The Series B financing round was led by Climate Investment, an investor focused on enabling capital-efficient decarbonization of heavy-emitting sectors, and included Evok Innovations. Methane emissions reduction is essential to oil and gas companies’ journey to net-zero operations. Methane […]
Alberta Paves the Way as Canada’s Leading Hydrogen Producer: $50 Million Investment Fuels Clean Energy Innovation
Alberta Innovates
Neo Financial Launches Credit Card With Cathay Pacific
Calgary’s Neo Financial and Cathay Pacific have partnered to launch a new card program created for Canadian consumers who love to travel. With Canada’s only card that earns Asia Miles, customers will enjoy premium rewards at home and abroad, significant travel benefits and insurances, and helpful digital features in the Neo app. Not only that, a secured option is […]
Tetra Trust Partners with Figment to Bring Staking Services to Canada
Calgary’s Tetra Trust, a leading Canadian provider of crypto custody, has partnered with Figment, a global expert in staking solutions, to provide digital asset staking services to institutional clients in Canada. Digital asset staking is the process of locking up and holding cryptocurrencies in a wallet to support the operations of a blockchain network and earn rewards in return. […]
Canada Invests Over $6 Million to Boost Innovation and Job Growth for Small Businesses in Calgary’s Technology Sector
Small and medium-sized companies play a vital role in developing innovative products and services that contribute to a more diverse Prairie economy. The Government of Canada is investing in initiatives that help businesses across key sectors in Alberta to grow and create jobs workers can depend on. Today, George Chahal, Member of Parliament for Calgary […]
Bloom Expands Home Equity Release Platform to Alberta
Bloom has announced the launch of its home equity release platform for 55+ homeowners across Alberta. The Canadian fintech startup looks to simplify the process of accessing home equity through a reverse mortgage, enhancing Canadians’ financial flexibility in retirement. The expansion into Alberta builds on Bloom’s successful launch in Ontario in 2021 and British Columbia in 2022. Home equity release, also known as a reverse […]
Carbon Upcycling Raises $34 Million to Advance Circular Decarbonization Solutions for Cement Industries
Calgary’s Carbon Upcycling has closed a $34.3 million Series A funding round co-led by BDC Capital’s Climate Tech Fund and Climate Investment. Carbon Upcycling is a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining. This new funding will be utilized to deploy multiple commercial projects, including two co-located directly at […]
Five Calgary Startups Driving Innovation in Alberta in 2023
Earlier this year, a report from national law firm Osler uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” in Alberta, who saw the highest growth for venture capital deals in Canada since 2020. The Canadian Venture Capital Association found that “Alberta, for the fifth year in a row, attracted a record amount of investments […]
Signals of Strength for Alberta Tech
Earlier this year, a report from national law firm Osler found Canada’s tech sector and financial markets in a tumultuous state, churning between post-pandemic recovery and an uncertain economy amid a backdrop of rising interest rates. But Osler also uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” in Alberta, who saw the highest growth […]