Alberta Enterprise Corporation (AEC) has played a significant role in the final close of Vancouver-based Pender Ventures’ second venture fund, Technology Inflection Fund II LP, which has secured over $100 million to support Canadian technology growth. As a major investor in the fund, AEC is amplifying its commitment to advancing Alberta’s tech sector, particularly in […]
Alberta Enterprise
Alberta Enterprise Invests $7.5M in Amplitude Ventures to Boost Health Startups
Alberta Enterprise Corporation announced today that it has made an investment into Amplitude Ventures‘ USD $192-million Fund II. The USD $7.5 million investment aims to provide early-stage health and life science startups in Alberta with continued access to Amplitude’s specialized expertise and funding in precision medicine. Amplitude Ventures is a full-stack venture capital firm focused on investing in precision […]
Alberta Enterprise Invests in Third McRock Industrial Innovation Fund
Alberta Enterprise announced today that it has invested USD $10 million into McRock Capital Fund III to support the growth of early stage Alberta companies focused on digital transformation of industrial sectors. Alberta Enterprise (AEC) is joined in Fund III by institutional investors including Export Development Canada and industry leaders including Bell Ventures, CIBC Innovation Banking and AspenTech. […]
The51 Secures $30 Million for Fund Targeting Innovative Ag-Tech
The51 Food and AgTech GP announced today the closing of $30 Million for a fund targeting Pre-Seed to Series A investments in founders pioneering food and agriculture technologies. Lead Investor Farm Credit Canada was joined by Alberta Enterprise Corporation and National Bank of Canada, family foundations and offices, and individual accredited investors from agri-business, farming, and industry backgrounds. […]
Alberta Enterprise Invests in Sprout’s Second Seed Capital Fund
Alberta Enterprise has invested $2.5 million in Alberta-based venture capital firm Sprout’s nearly $14 million second fund, providing a new source of high-demand seed capital to Alberta and Western Canadian B2B software startups. Sprout is an early-stage venture and mentor capital firm led by serial technology entrepreneurs and avid investors Kristina Milke, Mark Benning and Shaheel Hooda. Sprout was founded in 2018 […]
Alberta Enterprise Invests Further into Cleantech for an evolving Energy Industry
Edmonton’s Alberta Enterprise has invested USD $10 million into Evok Innovations second fund to continue developing and deploying clean technologies to accelerate the world’s energy transition with a focus on carbon capture, electrification and hydrogen. Evok is a venture capital firm with deep roots in Alberta. Their first fund was established in 2016 as a partnership between Calgary-headquartered […]
Alberta Enterprise Invests USD $10 Million In Relay Ventures To Support Alberta Tech
Alberta Enterprise has invested USD $10 million into Relay Ventures Fund V to support early-stage Alberta technology companies innovating in finance, real estate, sports and gaming as well as urban life. Included in Relay’s Fund V investments are Alberta-based fintech company, miQ, a savings and credit building platform that aims to provide greater access to new-to-credit […]
Start Alberta Tech Awards to Reveal Winners at GRAND Theatre in Calgary on November 17
The 5th annual Start Alberta Tech Awards ceremony will be taking place at the historic GRAND Theatre in Calgary. Opened in 1912, the GRAND is Western Canada’s oldest theatre and Calgary’s culture house. On November 17, the Start Alberta Tech Awards powered by ATB will recognize 10 individuals and organizations for their success and contributions to Alberta’s […]