Calgary's tech ecosystem is thriving and home to a growing number of innovative startups and tech companies, with notable strengths in cleantech, fintech and agtech. Calgary's entrepreneurial spirit, access to venture capital, and high quality of life are attracting talent and investment, solidifying its position as one of the fastest-growing tech hubs in the world. The Start Alberta Deal Flow database has tracked $3.3B raised in capital across 449 rounds since 2020 in Calgary tech and innovation companies. So far this year, Calgary tech companies have raised $424M and include: • ClearSky Global: $168M USD Early VC • Black Owl Lease Accounting: $400K Seed • EnviCore Inc. $3M USD Seed • Orpyx®: $20M USD Growth Equity VC • Ayrton Energy: $6.8M USD Seed • Syantra Inc.: $4.9M Seed • FLORA (Flora Fertility) : $1.5M USD Seed • CruxOCM: $17M USD Series A • sylvester.ai: $1M Seed • RocketFrac Services Ltd.: $73.5K USD Early VC • CreditApp: $2.7M Seed • Memory Anchor: $800K Seed • Willow Biosciences Inc: $3.1M Private Placement VC • ResVR: $1.7M USD Seed • Home Spritz: $250K USD Seed • Hazel Trade: $100K USD Seed • Blackline Safety: $10M USD Private Placement VC • Bōde: $4M Seed • FluroTech: $22M Private Placement VC • Vivid Theory: $4.6M Seed • Galatea Technologies: $2.7M Seed • ApartmentLove Inc.: $300K Private Placement VC • ZayZoon: $15M USD Series B • Virtual Gurus: $3.4M USD Convertible • RetinaLogik: $780K USD Seed • PayShepherd: $7M Seed • Helcim: $27M Series B • OpenHouse.ai: $1.5M Seed • Nimble Science: $1.4M USD Seed • CNERGREEN: $2M USD Seed See all investments in Calgary tech companies in the Start Alberta database: https://lnkd.in/gRRfyZxT Calgary Economic Development #AlbertaTech #Alberta #ABTech #Calgary #YYC #YYCTech #CalgaryTech #Startup #Founder #Investor #StartUpEcosystem #Funding #Investments #DealAnalysis #VentureCapital #VC #GrowthCapital #TechCommunity #StartUpEcosystem #Entrepreneur #Tech #Innovation
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🚀 Excited to announce that Arrivall has been selected as one of only 29 early-stage startups to receive a rocket boost from the Startup Bootcamp Inclusive Fintech & DeFi Accelerator Program. 🌟 Every year, more than 5 million long-term immigrants 🌍 move to a new country. One thing they all have in common is the challenge of limited access to fundamental services like renting 🏠 and getting a bank account 🏦, primarily due to low trust. Arrivall's commitment is to build a world where no immigrant has to face the pain of exclusion ever again, and our selection into the 2024 SBC cohort is a significant step toward making this vision a reality. If you're an immigrant who has experienced the challenges of starting anew in a foreign country, join our waitlist 📝 and be one step closer to becoming a trusted local in your new country. 👉🏽https://www.arrivall.co/ #arrivall #arrival #migration #financialinclusion #inclusion #travel #MigrationMatters #MigrationChallenges #MigrationSolutions #MigrationAwareness #MigrationIntegration #MigrationInclusion
🌟 We're excited to welcome new startups to our Renewable Energy & NetZero and Inclusive FinTech & DeFi accelerators! 👇 Dive into the comments to meet the pioneers! During an electrifying Selection Week, we were stunned by the sheer brilliance and innovation radiating from each pitch. The decision-making process was anything but easy, a testament to the high caliber of participants. A roaring round of applause for the 29 startups embarking on this adventure with us. Your innovation and drive are what we're all about. The real work starts now, and we can't wait to see your progress. These startups are set to transform the energy sector and make financial services accessible to all. They're joining us for a 3-month journey in Amsterdam, full of growth, challenges, and opportunities. A heart full of gratitude goes out to every visionary applicant, our powerhouse investors, the world-class mentors, and our phenomenal partners. Your unwavering support fuels this mission and make all of this possible. Together, let's empower innovators! - Mentor the next big thing: https://lnkd.in/dBhG8GK4 - Invest in the pioneers of tomorrow with us: https://lnkd.in/dUFsFTm9 - Join an accelerator: https://lnkd.in/djt3MMSP #RenewableEnergy #NetZero #InclusiveFinTech #DeFi #Startups #Innovation #Sustainability #EnergyFuture #InclusiveGrowth #StartupEcosystem #SustainableDevelopment #FinancialInclusion #TechPioneers Aref Ghazvini Joey Moreau Sabina Basariyeva Fleur Engelberts Daan Looman Giulia Falcone Sara Aramini Maria Savonova Wilson R. Marc Jellema Emma den Hond Mexx de Zeeuw Rodrigo Alemán Nxchange Bondex ®️⎮part of Nxchange
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The geography of #innovation in America is changing, but not in the way you might think. Despite projections of doom for coastal tech bubbles like the San Francisco Bay Area, such regions are as important as ever when it comes to venture capital investment in high-tech startup companies. But the massive increase in #VC funding has also enabled the growth of viable startup ecosystems straight across the US, especially in the middle of the country. https://lnkd.in/gK93sZRn
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Calgary one of the the top 50 ecosystems on Startup Genome's Top 100 list, up from 2023. Calgary’s tech ecosystem added $8.1B in value to the economy from July 2021 to December 2023. This marks 83% growth over the last three years, higher than the global average of 46%. In addition to its global rank, Calgary’s startup ecosystem placed in the Top 10 in North American Ecosystem in Affordable Talent, Top 25 Ecosystem in Bang for Buck, Top 30 Ecosystem in Funding and Top 30 Ecosystem in Performance. Brad Parry, President and CEO, Calgary Economic Development, and CEO of The Opportunity Calgary Investment Fund: “Not too long ago, Calgary wasn't on the map as a world-class destination for startups or a hub for innovation, but with talent and investment flowing into Calgary, we have all the right pieces in place for our innovation economy to continue its pace as one of the fastest growing tech-hubs in the world and allow us to continue competing on the global stage.” For more industry insights follow MatchBox Consulting Group. https://lnkd.in/gg4g84vt
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Exciting News for WA Founders! 🌟 This month at the Morning Startup Meetup, we heard from Rohan Silva, Chair of Founders Factory WA, who came all the way from London to boost innovation and support for our local founders. For founders, early-stage funding is crucial, but so is access to a global network. Founders Factory WA is the first Aussie outpost of London’s leading tech accelerator, with $21 million to invest in pre-seed and seed-stage startups over the next 3 years. 🚀 They’re offering two programs: 🔹 Mining-Tech Accelerator with Rio Tinto: Shaping the future of mining and driving towards a Net Zero future. Learn more: https://lnkd.in/erzMiZjh. 🔹 Nature-Tech Accelerator with the WA Government: Developing and validating new environmental technologies. Learn more: https://lnkd.in/eXb6jW-8 Don’t miss out! Applications close at the end of the month. #Innovation #Startup #TechAccelerator #WAFounders #OwnTheEdge #AppDevelopment
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🚀 AEC Backs Pender Ventures with $100M Fund for Canadian Tech Growth 🚀 Alberta Enterprise Corporation (AEC) has taken a significant step to advance Alberta’s tech sector, becoming a key investor in Pender Ventures' Technology Inflection Fund II LP, which recently closed at over $100 million. This partnership supports AEC’s vision to accelerate Alberta’s innovation ecosystem, particularly in health tech and B2B, as Alberta sees rapid growth in tech startups. With a strong network of investors and the guidance of leaders like Maria Pacella at Pender, AEC is driving real change in Canada’s tech landscape. 🔗 Discover how this funding will shape Alberta’s tech future and strengthen Canada’s global innovation footprint. #TechInvestment #HealthTech #Innovation #Alberta #cdntech
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#Growth is #falling in #Europe 🇪🇺 The annual #survey, produced by European VC firm #Atomico, notes that startups in the region are on track to raise #$45 #billion this #year. While far from the 50% drop of 2023, the figure is still #down by #$2 #billion compared to a year ago. #M&As and #IPOs are relatively #non-existent right now in #European #tech BE-COME https://lnkd.in/d45wHhJT
Venture funding in Europe fell to $45B in 2024, says Atomico | TechCrunch
https://techcrunch.com
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Introducing the Western Balkans Summer Investment Program, designed to accelerate funding rounds and global expansion for startups from the Western Balkans! In an interview with IT Logs, Startup Macedonia's president Igor Madzov discusses how the initiative aims to tap into regional talent and innovation, and empower local startups towards global success >> https://lnkd.in/drX5DqU5
Balkan startup surge: Inside the summer investment program 2024 ⋆ IT Logs
https://itlogs.com
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Plug and Play Alberta has unveiled 72 innovative startups for their Fall 2024 accelerator programs from #DigitalHealth, #Sustainability, #Food & #Beverage sectors, and #AI. These startups will join industry-specific cohorts and showcase their progress at the first Alberta Summit. Plug and Play Alberta is committed to building a world-class innovation platform, attracting top #technology and investment while supporting Alberta-based entrepreneurs to scale, hire tech talent, and drive digital transformation across the province. Of the selected startups, 32% are from Alberta, 79% are from Canada, and 21% are joining the program internationally. https://lnkd.in/g8spNwPn
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🌟 The Toronto-Waterloo Corridor: A Global Tech Powerhouse 🌟 Did you know? The Toronto-Waterloo Corridor is the 3rd largest tech cluster in North America, boasting: 💻 15,000+ tech companies, including 5,200+ startups 👩💻 343,000+ employees driving innovation in high-tech industries But it’s not just about scale – it’s about excellence. Recognized by Startup Genome as: 🏆 Canada’s #1 startup ecosystem 🌍 A leading cleantech and fintech hub This thriving innovation ecosystem makes it the perfect backdrop for BYOND NEXT, where breakthrough technologies, visionary ideas, and endless opportunities will converge. Let’s shape the future together in the heart of Canada’s tech landscape. 🚀 Coming Soon September 2025, Toronto, Canada #TorontoWaterlooCorridor #TechInnovation #StartupEcosystem #ByondNext #FutureTech #Ontario Doug Ford Prabmeet Sarkaria Sylvia Jones Victor Fedeli
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State of European Tech: Not So Good - Brain Drain Intensifies: The US continues to siphon off Europe’s top tech talent. - Funding Gap Widens: The financial divide between Europe and the US shows no sign of narrowing. - Pessimism Grows: Founders and VCs in Europe are gloomier than ever. Here are the headlines from a particularly nostalgic State of European Tech report by Atomico. Yes, progress has been made—but the gap (with the US, that's what matters) isn’t just persistent, it’s growing. #europe #startups #VC Sifted Kai Nicol-Schwarz Mind the Bridge Isidro Laso Gianluca Dettori
Funding falls, venture debt has a record year and the US is poaching talent: the state of European tech 2024
sifted.eu
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