Canada’s Minister of Natural Resources this week announced federal investments valued at $160 million for nine Alberta-based solar power projects. This initiative is expected to generate hundreds of jobs, bolster the production of clean solar power, and add up to 163 megawatts of new solar energy along with additional battery storage capacity. The collective impact […]
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Foresight 50 Returns, Now Accepting Applications for Cleantech Startups
The annual Foresight 50, a spotlight on the most promising Canadian cleantech ventures poised for investment, has opened applications for 2023. The initiative by Foresight Canada seeks out privately held ventures that are ready to contribute to environmental sustainability while also demonstrating potential for return on investment. Foresight 50 companies from 2021 went on to […]
Orennia Secures $25 Million in Series B Funding to Advance Energy Transition Analytics Platform
Calgary’s Orennia has raised a USD $25 million Series B financing to accelerate the growth of its data and analytics platform. The investment highlights Orennia’s differentiated solution for the energy transition with insights across the renewables, storage, clean fuels and decarbonization sectors. Orennia helps increase returns for the most sophisticated developers, investors, bankers and corporations […]
University of Alberta Entrepreneurs Launch Fintech to Improve Student Housing
In the world of academia, students face a multitude of challenges. One often-overlooked challenge of uni life is the struggle to find suitable and affordable off-campus housing solution. Three determined University of Alberta students—Kevin Mpunga, Jean Bruce Koua, and Kwasi Boateng—recognized this predicament and decided to create Elev, a digital platform designed to turn a […]
Calgary-based Copoint Hires Gaurav Wadhawan to Lead SR&ED Consultancy
The SR&ED consulting space is an active one as start-up tech firms as well as established companies look to benefit from Canada’s tax credit program for scientific research and experimental development. Annually, the Canada Revenue Agency issues some $4 billion through the SR&ED program. Calgary-based Copoint (formerly TGSI Corporation) has been delivering SR&ED consulting since […]
Silicon Valley Startup Teknol Expands Footprint to Calgary to Invest in the Future of Learning
Silicon Valley startup Teknol is expanding its presence to Canada with a new office in Calgary. The expansion will bring $12.5 million and 125 new jobs to Alberta over three years. Invest Alberta joined the firm to announce that it will be relocating its entire engineering and support teams to Calgary, a move that underscores […]
Digital Commerce Bank Announces Top 25 Startups for 2023 Calgary Fintech Award
After sifting through 150 applications, the organizers of the Digital Commerce Bank Calgary Fintech Award have announced the Top 25 startups competing for the 2023 award. With an expanded scope that now includes startups from across Canada, these companies have risen above the competition and secured their spot to compete for over $300,000 in non-dilutive cash. Calgary.tech reviewed […]
Upcoming Tech Events Encourage Innovation, Education in Calgary
Midway through the year, Alberta has already hosted several successful tech events. For example, Alberta Innovates hosted the popular INVENTURE$ 2023 in June, which lit up Calgary’s innovation scene over three days of buzz. “Inventures 2023 was our most successful event yet,” stated Alberta Innovates chief executive Laura Kilcrease following the event. “Our attendance numbers were up, […]
Edmonton Firm Builds Machine to Revolutionize Organ Transplant Process
The balance between organ demand and supply has long remained skewed in Canada, leaving thousands awaiting life-altering transplants while organs are deemed unfit for transplant or are wasted due to logistical constraints. Striving to rectify this pressing issue is Alberta-based Tevosol, co-founded by Drs. Darren Freed and Jayan Nagendran in Edmonton in 2015. Developers of […]
Global HR SaaS firm Vantage Circle selects Calgary as its North American HQ
Another Indian tech company is setting up shop in Calgary. Global SaaS platform Vantage Circle is moving its North American headquarters from Plano, Texas to Calgary and plans to create up to 250 jobs in the city over the next three years. “Smart companies invest in their people, so Calgary is excited to be […]