Hempalta, a Calgary-based agricultural technology company focused on innovative hemp processing and product creation, has completed an equity crowdfunding round on the FrontFundr platform. The startup, which launched earlier this year, raised over $1 million from the crowdfunding and with additional support from existing shareholders. The financing will be used to fund strategic technology acquisitions, […]
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Local AgTech Startup HEMPALTA Raising Capital though Crowdfunding
Calgary’s Hempalta has launched an equity crowdfunding campaign on FrontFundr to raise up to $1.8 million for its innovative hemp processing technology. The funds raised will be allocated towards funding technology acquisitions, driving sales and marketing activities, and securing the company’s foothold in the hemp processing and product development industry. “We’re excited to offer all […]
Knead Tech Receives Innovation Booster Funding to Upgrade Food Rescue Platform
The Canadian Food Innovation Network announced this week that it is awarding $386,078 across four food-tech projects throughout the country, including one project that is based in Alberta. The capital hails from CFIN through the organization’s Innovation Booster Program. Industry will match these funds to create projects valued at $772,154, according to CFIN. The Alberta […]
HEMPALTA Going Global with Acquired Stake in Hemp Carbon Credit Platform
Newly public AgTech startup HEMPALTA (TSXV:HEMP) has acquired a controlling interest in UK-based Hemp Carbon Standard (HCS). The $2.2 million stake in the leading carbon platform for industrial hemp farming is a vital element to HEMPALTA’s growth strategy. HCS focuses on harnessing the natural carbon sequestration properties of industrial hemp to address climate change. Its […]
Calgary Startup Nimble Science to Accelerate Health-Tech Platform at Google
Many chronic diseases are associated with dysbiosis of the small intestine, representing a $75 billion total addressable market. Knowing this, Calgary healthtech startup Nimble Science raised $2.7 million last April to commercially scale their tech-forward health platform to food, diagnostic, and drug companies. The funding brought Nimble out of stealth mode to enable academia, government, […]
Alberta Armada Sets Sail for SXSW to Highlight Innovation, Foster Growth
Alberta Innovates and its Scaleup Growth and Accelerator Program announced this month that dozens of high-potential regional startups will be attending the iconic annual tech and culture event SXSW in March. Fifty delegates will participate in curated meetings and attend invite-only networking events in an effort to make connections, attract investors, and take in learning […]
Startup TNT Targets Alberta’s Agritech Innovators with Fundraising Summit
An organization based out of Edmonton is working to raise capital for ag-tech startups in Alberta. Founded in 2019 to empower entrepreneurs across Western Canada, Startup TNT is this winter hosting the 2024 Agri-Food Investment Summit. Like other TNT Investment Summits, the event aims to help raise capital for startups and make it easier for […]
HEMPALTA Selected to Calgary’s Launch Party Top 10 Startup List
HEMPALTA has been selected as one of the Top 10 Startups to be showcased at Calgary’s 2023 Launch Party on November 23. HEMPALTA is an agricultural technology company focused on harnessing the immense potential of industrial hemp that has also found itself on Calgary.tech’s 2023 watchlist of companies. The Launch Party will wrap up this […]
University Innovation Fund Unveils Initial Investment in Edmonton Startup
The University of Alberta this month launched an investment fund targeting startup ventures that are working to solve challenges while diversifying the province’s economy by providing support for entrepreneurs across the region. Supported by both private donors and public partners, The U of A Innovation Fund intends to work with startups to mobilize the university’s […]
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 […]